الفهرس 
Financial Inclusion Impact on Economic Growth: Cross-Country analysis
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Abstract
Financial access is key pillar of the EU strategy for private sector development in the region
with a focus on financial inclusion This paper investigates the impact of financial inclusion on
the economic growth in the Euro Mediterranean region from 2009 -2019. The role of financial
inclusion on economic growth is estimated using dynamic panel model. Following the
multidimensional approach, this study constructs an index based on indicators reflect the four
dimensions; access, availability, usage, and quality. The study empirically show that financial
inclusion is positively related to GDP per capita, the proxy measure to economic growth. Using
Arellano-Bover/ Blundell- Bond Dynamic Panel system GMM results show positive effect of
financial inclusion on economic growth. Findings urge the need to accelerate developing
financial inclusion agendas especially in Southern Mediterranean countries to enhance
financial resilience of disadvantaged groups and boost inclusive economic growth.