Analysis of Electronic Money as a Stimulus for Financial Inclusion and Economic Growth in Mozambique
DOI:
https://doi.org/10.5965/2764747114252025098Keywords:
eletronic money, financial inclusion, economic growth, gross domestic productAbstract
This study analyses the contribution of electronic money to promoting financial inclusion and stimulating economic growth in Mozambique, consideringthe structural limitations of the traditional banking system. Method(s): A quantitative approach was used, based on econometricmodels of panel data with fixed and random effects, validated by the Hausman and Breusch-Pagan tests. The analysis focused on indicators of Gross Domestic Product (GDP) and the Financial Inclusion Index (FII). Empirical evidence indicates that electronic money has a positive and statistically significant impact on expanding access to financial services. A positive association with GDP was also found, signaling its role as a driver of economic growth. Based on the data obtained, our results reinforce the potential of electronic money as a mechanism for financial inclusion and economic development, while pointing to the urgency of specific public policies that promote digital access.
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Copyright (c) 2025 Lucas Lavo Antonio Jimo Miguel
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