Measuring the impact of some indicators of financial inclusion on economic growth in Iraq's for the period (2005-2022)

Abstract

The objective of the study is to examine the influence of the correlation between specific measures of financial inclusion and economic growth, and to determine the causal effect of these measures on the economic growth in Iraq. By employing time sequences to illustrate the nature of the correlation between the variables under investigation, and acknowledging the efficacy of financial services offered to individuals in attaining economic progress in Iraq during the research period, this may be accomplished. An empirical investigation of the use of the ARDL model revealed a significant and enduring correlation between the indices of financial inclusion and economic growth in Iraq. Furthermore, the study revealed a link between financial inclusion and Iraq's economic development during the assessed period. Undoubtedly, financial inclusion has had a significant role in enhancing the pace of economic progress in Iraq.