The effect of COVID-19 on financial inclusion in the Kigezi and Lango subregions in Uganda
The year 2020 opened with tough policy measures to control the rapid spread of COVID-19. We sampled, explored, and analyzed the most recent studies that linked COVID-19 to business and finance. We identified two mitigations, which had strong effects on financial inclusion but had been neglected:...
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| Main Authors: | , , |
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| Format: | Article |
| Published: |
Journal of the International Council for Small Business
2022
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.12493/556 |
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| Summary: | The year 2020 opened with tough policy measures to control
the rapid spread of COVID-19. We sampled, explored, and analyzed
the most recent studies that linked COVID-19 to business
and finance. We identified two mitigations, which had strong
effects on financial inclusion but had been neglected: lockdown
and social distancing. We used lockdown and social distancing
to conceptualize COVID-19, and developed two theoretical
nexuses among COVID-19 and financial inclusion, and COVID-
19 and government policy interventions. We explored each of
the nexuses. First, we described the extent of lockdown and
social distancing, financial inclusion, and government policy
interventions. Second, we compared these nexuses in both the
Lango and Kigezi subregions, and explained the significance of
the interventions. Third, we used beta coefficients to quantify
the effects of COVID-19 on financial inclusion. We provide a solid
foundation for compulsive online banking in developing
countries. |
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