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Full-Text Articles in Social and Behavioral Sciences
The Financial Sector And Inclusive Development In Africa: Essays On Access To Finance For Small And Medium-Sized Enterprises In South Sudan And Kenya, James A. Garang
The Financial Sector And Inclusive Development In Africa: Essays On Access To Finance For Small And Medium-Sized Enterprises In South Sudan And Kenya, James A. Garang
Doctoral Dissertations
This dissertation, consisting of three essays, uses data from field surveys of banks and small and medium enterprises (SMEs) conducted in South Sudan and Kenya from July 2011 through September 2012. The first essay examines the role of financial sector development in expanding access to finance by SMEs in Kenya. We find that while the financial system in general, and the Central Bank of Kenya in particular, have made headway in expanding financial inclusion in Kenya, small firms continue to face more constraints in access to finance compared to larger firms. The policy emphasis on financial inclusion, coupled with the …