Is Climbing Difficult? A Gendered Analysis on the Use of Financial Services in Ghana and South Africa

30 Pages Posted: 26 Oct 2013

See all articles by Samuel Kobina Annim

Samuel Kobina Annim

University of Manchester

Thankom Gopinath Arun

University of Central Lancashire

Abstract

This paper examines the gender gaps in the use of higher-order financial services such as investment and insurance, draws on the FinMark national-level data from Ghana and South Africa. The main observation is that females in South Africa are more likely to use general financial and investment products than in Ghana. The results also reveal that in Ghana, a substantial part of the gender differentials in the use of financial services can be attributed to unobserved characteristics, mostly related to attitude and perceptions that inhibit women's use of financial services.

Keywords: gender gaps, types and levels of access to finance, Ghana and South Africa

JEL Classification: G21, J16

Suggested Citation

Annim, Samuel Kobina and Arun, Thankom Gopinath, Is Climbing Difficult? A Gendered Analysis on the Use of Financial Services in Ghana and South Africa. IZA Discussion Paper No. 7688. Available at SSRN: https://ssrn.com/abstract=2345605

Samuel Kobina Annim (Contact Author)

University of Manchester ( email )

Arthur Lewis Building
Oxford Road
Manchester, M13 9PL
United Kingdom

HOME PAGE: http://ssrn.com/author=1001830

Thankom Gopinath Arun

University of Central Lancashire ( email )

United Kingdom

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