Peterson K. Ozili

Peterson K. Ozili is a respected economist and researcher in topics of global interest in economics, finance, accounting and development. I am particularly interested in financial inclusion, economic policy, financial stability, economic growth, the economics of financial regulation, environmental economics, financial reporting practices, forensic accounting and bank behavior.

Publications

Role of Embedded Finance in Increasing Financial Inclusion
Peterson K. Ozili. © 2024. 18 pages.
The chapter examines the role of embedded finance in increasing financial inclusion. The author shows that embedded finance increases financial inclusion by changing the way...
The Role of the Central Bank in Greening the Nigerian Financial System
Peterson K. Ozili. © 2024. 6 pages.
The chapter explores the role of the central bank of Nigeria in greening the financial system. The author explores the ways in which the central bank can green the financial...
Central Bank Digital Currency and the Monetary Policy and Financial Stability Implications
Peterson K. Ozili. © 2024. 11 pages.
The chapter analyzes the implication of central bank digital currency (CBDC) issuance for financial stability and monetary policy. It was shown that widespread central bank...
Dangers of Digital-Only Financial Inclusion
Peterson K. Ozili. © 2024. 17 pages.
The literature has not extensively examined the dangers of digital-only financial inclusion. The purpose of this chapter is to highlight the dangers of digital-only financial...
Artificial Intelligence in Central Banking: Benefits and Risks of AI for Central Banks
Peterson K. Ozili. © 2024. 13 pages.
This chapter identifies the benefit and risks of artificial intelligence in central banking. The benefit of artificial intelligence for central banks is that deploying artificial...
Causes and Consequences of the 2023 Banking Crisis
Peterson K. Ozili. © 2024. 15 pages.
This chapter presents a discussion about the causes and consequences of the 2023 banking crisis in the United States. Using discourse analysis, the chapter shows that the 2023...
Sustainable Financial Inclusion: Integrating Sustainability Principles Into Financial Inclusion Strategies
Peterson K. Ozili. © 2024. 10 pages.
This chapter provides an in-depth discussion of sustainable financial inclusion. Using the discourse analysis method, the chapter provides several definitions of sustainable...
Spillover of COVID-19: Impact on the Global Economy
Peterson K. Ozili, Thankom Arun. © 2023. 21 pages.
How did a health crisis translate to an economic crisis? Why did the spread of the coronavirus bring the global economy to its knees? The answer lies in two methods by which...
Institutional Theory of Financial Inclusion
Peterson K. Ozili. © 2023. 9 pages.
This article advocates a new addition to the theories of financial inclusion, which is the institutional theory of financial inclusion. The case for a new theory arises from the...
Who Loses in Financial Inclusion?
Peterson K. Ozili. © 2023. 12 pages.
Financial inclusion involves the provision of basic formal financial services to members of society. Policy efforts and collaboration with the private sector have helped to...
Why Strong Banks Fail
Peterson K. Ozili. © 2023. 15 pages.
Many bank failures have occurred in history. The lessons learnt from past bank failures remind us that any bank can fail, and they fail for different reasons. The first step to...
The Acceptable R-Square in Empirical Modelling for Social Science Research
Peterson K. Ozili. © 2023. 10 pages.
This chapter examines the acceptable R-square in social science empirical modelling with particular focus on why a low R-square model is acceptable in empirical social science...
Central Bank Digital Currency, Poverty Reduction and the United Nations Sustainable Development Goals
Peterson K. Ozili. © 2023. 9 pages.
This chapter examines the role of central bank digital currency for poverty reduction and sustainable development. In the chapter, the author argues that a CBDC can eliminate...
Theories Supporting Central Bank Digital Currency Development and Its Usefulness
Peterson K. Ozili. © 2023. 9 pages.
This chapter presents some theories that support central bank digital currency development and its usefulness. The theories provide useful explanations for the development and...
Central Bank Digital Currency in India: The Case for a Digital Rupee
Peterson K. Ozili. © 2023. 14 pages.
This chapter explores the benefits and issues surrounding the digital Rupee, also known as the eRupee or the central bank digital currency in India. The study found that Indian...
Using eNaira CBDC to Solve Economic Problems in Nigeria
Peterson K. Ozili. © 2023. 11 pages.
This chapter discusses how the eNaira central bank digital currency (CBDC) might be used to solve some economic problems in Nigeria. It presents the eNaira as a payment option, a...
Implications of Fuel Subsidy Removal on the Nigerian Economy
Peterson K. Ozili, Kingsley Obiora. © 2023. 16 pages.
The purpose of this chapter is to discuss the implications of the 2023 fuel subsidy removal in Nigeria. Using the discourse analysis methodology, the authors offer some insight...
Impact of Central Bank Digital Currency (CBDC) Activity on Bank Loan Loss Provisions
Peterson K. Ozili, Kingsley Obiora. © 2023. 10 pages.
This article explores the potential effect of central bank digital currency activity on bank loan loss provisions. The authors show that the effect of CBDC activity on bank loan...
Benefits of Digital-Only Financial Inclusion
Kingsley Obiora, Peterson K. Ozili. © 2023. 9 pages.
Many countries are using digital tools and technologies to advance financial inclusion to improve the well-being of households and communities. There is growing interest in using...
The 2018 Revised Nigerian Code of Corporate Governance: An Academic Response and Lessons for Africa
Peterson K. Ozili, Olayinka Marte Uadiale, Jude Edeigba. © 2023. 21 pages.
This chapter points out the significant changes in the 2018 codes of corporate governance in Nigeria. This document also highlights the authors' concern that the failure of...
Women's Financial Inclusion
Peterson K. Ozili. © 2023. 10 pages.
The purpose of this study is to examine women financial inclusion. Some barriers to women financial inclusion were highlighted. Some strategies to increase women financial...
Economic Policy Uncertainty in Banking: A Literature Review
Peterson K. Ozili. © 2021. 16 pages.
This chapter is a survey of the most important research in the economic policy uncertainty literature. Economic policy uncertainty, although still under-researched relative to...