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September 10, 2025Growth and Change

Addressing Food Security in Sub‐Saharan African Region: The Role of Financial Sector Development and Informality

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Authors

EBElliot BoatengJDJanet DzatorMAMary Amponsah

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Overview

Study reveals financial sector development and informality affect food security in Sub-Saharan Africa, implying need for regulatory improvements.

Key Points

  • Financial sector development inconclusively influences food production in Sub-Saharan Africa, showing sensitivity to measurement methods.
  • The prevalence of self-employment, especially among females, generally hinders food security despite differing impacts across regions.
  • A conceptual framework links financial sector development and informality, indicating their interaction can enhance informal sector contributions.
  • Regulating the informal sector alongside strengthening financial institutions may significantly improve food production and food security in SSA.

Cite This Study

Boateng et al. (2025) studied this question.

synapsesocial.com/papers/68c23b4ab210217d64784692https://doi.org/10.1111/grow.70047
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Financial sector development and food security: threshold effect of quality of governance in Africa2025
  2. 2Modeling the Impact of Sectoral Employment Structure on Food Insecurity: Insight for Addressing Hunger as a Socioeconomic Challenge2025
  3. 3The Impact of Good Governance on Food Security in sub-Saharan African Countries2025
  4. 4Political Economy of Food Insecurity in Sub-Saharan Africa: Structural Barriers and Empirical Insights from Ghana2025
  5. 5Are Entitlements Enough? Understanding the Role of Financial Inclusion in Strengthening Food Security2025 · 3 citations