Achieving Inclusive Growth in Sub‐Saharan Africa: Exploring the Synergistic Role of Insurance and Institutional Quality DOI Creative Commons
Sylvester Senyo Horvey, Jones Odei‐Mensah

African Development Review, Год журнала: 2025, Номер 37(2)

Опубликована: Май 20, 2025

ABSTRACT The growing importance of inclusive growth has garnered considerable attention in contemporary times. Its is further underscored by Sustainable Development Goal 8, which advocates for and sustainable economic growth, employment, decent work all. Achieving requires several key developments, including high institutional quality a strong insurance industry. This study contributes to knowledge examining the direct interactive effects on growth. Using generalised method moments based 30 Sub‐Saharan African countries between 2005 2019, presents following findings: (1) insurance, life nonlife penetration, positively impacts growth; (2) quality, its components positive influence (3) Further, interaction stimulates implies that institutions matter drive towards developing market, thereby fostering Based these findings, suggests governments harness insurance's potential promote alleviate poverty. highlights urgent need reforms policies unlock full driving calls efforts strengthen business environment development.

Язык: Английский

An Empirical Evaluation of the Technology Acceptance Model for Peer-to-Peer Insurance Adoption: Does Income Really Matter? DOI Open Access
Sylvester Senyo Horvey,

Euphemia Godspower-Akpomiemie,

Sheena Lovia Boateng

и другие.

Journal of risk and financial management, Год журнала: 2025, Номер 18(4), С. 209 - 209

Опубликована: Апрель 13, 2025

One essential component of insurance technology (Insurtech) is peer-to-peer (P2P) insurance, which represents a transformative shift from conventional to digital platforms by fostering community-based risk sharing. This study contributes the body knowledge engaging Technology Acceptance Model (TAM2) explore how perceived usefulness, ease use, subjective norms, and trust influence adoption P2P moderating income on these relationships. used self-administered survey questionnaire collect data short-term clients in South Africa. The was analysed using confirmatory factor analysis structural equation modelling (SEM) approach. findings demonstrate that norms present significant positive underscoring relevance value, social predicting technologies, particularly insurance. However, exhibit but statistically insignificant relationship. Additionally, this reveals exerts affecting adoption, implying individuals with higher incomes are responsive factors when considering highlights need for policies support development infrastructure, as its accessibility including predicted drivers adoption. Also, policymakers should focus creating regulatory environment encourages accountability openness

Язык: Английский

Процитировано

0

Achieving Inclusive Growth in Sub‐Saharan Africa: Exploring the Synergistic Role of Insurance and Institutional Quality DOI Creative Commons
Sylvester Senyo Horvey, Jones Odei‐Mensah

African Development Review, Год журнала: 2025, Номер 37(2)

Опубликована: Май 20, 2025

ABSTRACT The growing importance of inclusive growth has garnered considerable attention in contemporary times. Its is further underscored by Sustainable Development Goal 8, which advocates for and sustainable economic growth, employment, decent work all. Achieving requires several key developments, including high institutional quality a strong insurance industry. This study contributes to knowledge examining the direct interactive effects on growth. Using generalised method moments based 30 Sub‐Saharan African countries between 2005 2019, presents following findings: (1) insurance, life nonlife penetration, positively impacts growth; (2) quality, its components positive influence (3) Further, interaction stimulates implies that institutions matter drive towards developing market, thereby fostering Based these findings, suggests governments harness insurance's potential promote alleviate poverty. highlights urgent need reforms policies unlock full driving calls efforts strengthen business environment development.

Язык: Английский

Процитировано

0