Wealth, Eukeria, Svotwa, Tendai Douglas and Makanyeza, Charles (2023) Financial inclusion and youth empowerment in Botswana, Namibia, South Africa and Zimbabwe. In: Chitimira, Howard and Warikandwa, Victor Tapiwa, (eds.) Financial Inclusion Regulatory Practices in SADC: Addressing Prospects and Challenges in the 21st Century. Routledge Studies on Law in Africa . Routledge, Abington, Oxon; London; New York, pp. 208-223. ISBN 978-1003369400; 978-1032439150; 978-1032439167; 1032439157 (doi:10.4324/9781003369400-12)

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Abstract

Financial inclusion has remained a priority on the sustainable economic development agenda for many developing nations. Youth are the future leaders and occupy an integral part of the economy. Although vibrant, youth must often shield numerous socio-economic challenges such as unemployment, low productivity, resource dependency, legal restrictions, financial illiteracy and limited access to financial services. More than 60% of Africa's youth are unemployed, and a significant portion often transition into adulthood without access to financial services. This is mainly because the youth are perceived as a high-risk and low-value sector. These challenges act as barriers to financial freedom and the economic emancipation of young people, exposing them to financial fragility compared with adults. This chapter explores the relationship between financial inclusion and youth empowerment in order to inform policymakers on possible interventions.

Item Type:	Book Section
Uncontrolled Keywords:	financial inclusion; youth empowerment; youth; poverty alleviation
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HG Finance L Education > L Education (General)
Faculty / School / Research Centre / Research Group:	Faculty of Business Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA)
Related URLs:	Publisher
Last Modified:	02 Dec 2024 16:09
URI:	http://gala.gre.ac.uk/id/eprint/47031

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