Determinants of Commercial Banks' Performance in Malawi: An Autoregressive Distributed Lag (ARDL) Approach

Banda, Lloyd George

doi:10.3934/nar.2021022

Cited by 6 publications

(1 citation statement)

References 21 publications

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“…The rise of male participation could be explained by the fact that the importance of these savings groups has been highly recognized and promoted to be formal organizations by authorities in many economies, including the Malawi government, which could also be a motivating factor. For instance, the programs and strategies that the government of Malawi introduced such as the Financial Inclusion 2016–2020, Malawi National Social Support Programme II- 2018–2023, and Savings and Loan Groups Best Practice Guidelines (SLG BPGs) 2016–2017 have facilitated the creation of VSLA’s by both genders to become a nationwide issue of interest ( Reserve Bank of Malawi, 2016 ; Banda, 2021 ). These programs have not only helped to positively change attitudes regarding gender and such organizations but also have enhanced the operations of the VSLAs in Malawi and thereby have improved the effectiveness and efficiency of the VSLAs, which at the end has also positively affected the wellbeing of the individual and the community at large as the majority are encouraged and motivated to join these groupings.…”

Section: Discussionmentioning

confidence: 99%

Quality of Life and Community Wellbeing of Members Associated With Village Savings and Loans Associations as a Model of Sharing Economy in the Least Developing Countries: A Case of Mzuzu City in Northern Malawi, Southern Africa

et al. 2022

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This study was aimed at examining the impacts of the Sharing economy on the individual and community Quality of Life (QOL) and wellbeing by looking at their associated influencing factors using Village Savings and Loans Associations as a model of sharing economy in Malawi. An online community-based cross-sectional study design was conducted from November 2020 through January 2021. In the survey, 402 Village Savings and Loans Associations (VSLAs) members from the Mzuzu City area participated, recruited using snowball and respondent-driven sampling techniques. The sample size was computed using a single population proportion using the Yamane formula. Descriptive statistics and ordinal logistic regression model techniques were also employed. Additionally, we used the Chi-Square test, two-way ANOVA, and Ordinal regression model to determine statistical associations between socioeconomic data and QOL and wellbeing variables with a 5% level of significance. On the aspect of community wellbeing, the findings of our study indicated that income (levels and disposal) provided members with options to live a better QOL and wellbeing within the community by either facilitating payment for better education, eating healthier foods, acquiring assets, etc. Further, the absence of discrimination provided a platform for voice, inclusion, and social trust, enhancing freedom of expression. We also found that education facilitated better earnings and knowledge of public health-related issues. As for the contribution to the sharing economy, our study has emphasized the role played by trust in enhancing sharing economy. We recommend and encourage people to join these VSLAs so as to improve their QOL and wellbeing. However, there is a need to replicate the study on a larger scale to validate our study findings for effective policy formulation and implementation geared to improving the overall quality of people’s lives. Based on these findings, we further recommend that authorities reinstate programs like National Strategy for Financial Inclusion 2016–2020 and Savings and Loan Groups Best Practice Guidelines (SLG BPGs) 2016–2017 that could further enhance the future of VSLAs, which are vital for QOL and community wellbeing of the people in developing countries like Malawi.

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Section: Discussionmentioning

confidence: 99%