Kostov, Philip and Arun, Thankom and Annim, Samuel (2014) Financial Services to the Unbanked: the case of the Mzansi intervention in South Africa. Contemporary Economics, 8 (2). pp. 191-206. DOI https://doi.org/10.5709/ce.1897-9254.140
Kostov, Philip and Arun, Thankom and Annim, Samuel (2014) Financial Services to the Unbanked: the case of the Mzansi intervention in South Africa. Contemporary Economics, 8 (2). pp. 191-206. DOI https://doi.org/10.5709/ce.1897-9254.140
Kostov, Philip and Arun, Thankom and Annim, Samuel (2014) Financial Services to the Unbanked: the case of the Mzansi intervention in South Africa. Contemporary Economics, 8 (2). pp. 191-206. DOI https://doi.org/10.5709/ce.1897-9254.140
Abstract
The Mzansi intervention is a major initiative designed to provide banking services to the unbanked South African population. This study investigates the underlying variables that define the choice of a Mzansi account from a consumer perspective. Unlike previous studies, we do not assume that demand for financial services is a given but instead that it is underlain by perceptions and attitudes. Financial attitudes and perceptions are found to exert significant effects on financial choices. In particular, aspirations and forward-looking values are instrumental in facilitating access to finance.
Item Type: | Article |
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Subjects: | H Social Sciences > HG Finance |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Essex Business School |
SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 19 May 2016 15:27 |
Last Modified: | 16 May 2024 17:39 |
URI: | http://repository.essex.ac.uk/id/eprint/16735 |
Available files
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Licence: Creative Commons: Attribution 3.0