Financial Inclusion in Asia and Beyond

Financial Inclusion in Asia and Beyond PDF

Author: Tony Cavoli

Publisher: Routledge

Published: 2021-03-05

Total Pages: 255

ISBN-13: 1000348911

DOWNLOAD EBOOK →

The World Bank considers financial inclusion to be an enabler for at least 7 of the 17 United Nation’s sustainable development goals (SDGs). Financial inclusion, with its associated policy implications, is an important issue for ASEAN. This book examines the economic effects of financial inclusion. It explores issues surrounding measurement and impact of financial inclusion. The book looks at various, salient topics including measurement of financial inclusion, the impact of (various indicators of) financial inclusion on development outcomes and macroeconomic volatility using aggregate data, as well as the effects of financial inclusion on poverty and development outcomes using micro data.

The Financial Inclusion Landscape in the Asia-Pacific Region: A Dozen Key Findings

The Financial Inclusion Landscape in the Asia-Pacific Region: A Dozen Key Findings PDF

Author: Mrs.Sarwat Jahan

Publisher: International Monetary Fund

Published: 2019-04-19

Total Pages: 31

ISBN-13: 1498311237

DOWNLOAD EBOOK →

Financial inclusion is a multidimensional concept and countries have chosen diverse methods of enhancing financial inclusion with varying degrees of results. The heterogeneity of financial inclusion is particularly striking in the Asia-Pacific region as member countries range from those that are at the cutting edge of financial technology to others that are aiming to provide access to basic financial services. The wide disparity is not only inter-country but also intra-country. The focus of this paper is to take stock of the current state of financial inclusion in the Asia-Pacific region by highlighting twelve stylized facts about the state of financial inclusion in these countries. The paper finds that the state of financial inclusion depends on several factors, but a holistic approach calibrated to specific country conditions may lead to greater financial inclusion.

Financial Inclusion in Asia-Pacific

Financial Inclusion in Asia-Pacific PDF

Author: Ms.Elena Loukoianova

Publisher: International Monetary Fund

Published: 2018-09-18

Total Pages: 139

ISBN-13: 1484371011

DOWNLOAD EBOOK →

Asia has made significant progress in financial inclusion, but both its across-country and intra-country disparities are among the highest in the world. The gaps between the rich and the poor, rural and urban populations, and men and women remain deep. Income is the main determinant of the level of financial inclusion; but other factors, such as geography, financial sector structure, and policies, also play important roles. While some countries in the Asia-Pacific region are leaders in fintech, on average the region lags behind others in several important areas such as online (internet) purchases, electronic payments, mobile money, and mobile government transfers. This Departmental Paper aims to take stock of the development and current state of financial inclusion and shed light on policies to advance financial inclusion in the region. The research focuses on the impact of financial inclusion on economic growth, poverty reduction, and inequality, linkages between financial inclusion and macroeconomic policies, as well as structural policies that are important for improving financial inclusion. Given the increasing importance of financial technologies (fintech), the paper also provides a snapshot of the fintech landscape in the Asia-Pacific.

Financial Inclusion in Asia

Financial Inclusion in Asia PDF

Author: Sasidaran Gopalan

Publisher: Springer

Published: 2016-09-29

Total Pages: 284

ISBN-13: 1137583371

DOWNLOAD EBOOK →

This book brings together a set of analytical and empirical essays aimed at understanding inclusive finance in emerging markets focusing on Asia. Despite the significant policy interest in the issue of financial inclusion in the Asian market, there is a dearth of academic literature on the topic. This book fills this gap by being the first of its kind to address the relevant issues and policy concerns relating to the availability and affordability of financial services in this rapidly emerging geopolitical area. The book features a mixture of empirical and case study oriented essays, informed by data, literature and policy analysis that will be useful for both the academics and the policy makers in the region interested in the subject. Countries highlighted in the essays assessing financial inclusivity include Indonesia, Sri Lanka and India.

Financial Inclusion Across Asia

Financial Inclusion Across Asia PDF

Author: Leong Choi-Meng

Publisher: Emerald Group Publishing

Published: 2023-12-06

Total Pages: 152

ISBN-13: 1837533040

DOWNLOAD EBOOK →

Topics discussed in this collection include financial inclusion in under-served markets, financial inclusion products and services, financial inclusion for sustainable and responsible business, micro, small, and medium-sized business practices.

Beyond Microfinance

Beyond Microfinance PDF

Author: Mario B. Lamberte

Publisher: Asian Development Bank

Published: 2006

Total Pages: 260

ISBN-13: 9715616054

DOWNLOAD EBOOK →

V.2 on CD-ROM includes: Rural finance in Azerbaijan -- Rural finance in Kazakhstan -- Rural finance in Kyrgyz Republic -- Rural finance in Mongolia -- Rural finance in Tajikistan -- Rural finance in Uzbekistan.

Finance, Rule of Law and Development in Asia

Finance, Rule of Law and Development in Asia PDF

Author: Jiaxing Hu

Publisher: BRILL

Published: 2016-04-26

Total Pages: 545

ISBN-13: 9004315810

DOWNLOAD EBOOK →

The financial markets of Hong Kong and Singapore are leading examples in Asian financial development and regulation. Shanghai, which is developing its Free Trade Pilot Zone, is equally aiming to incorporate a sophisticated service market in order to upgrade, reform and reinvigorate the current economic model of development in China in the aftermath of the global financial and economic crisis. Streamlining administrative regulation is a precondition for its financial market to find root and play a central role in Asia and beyond. Finance, Rule of Law and Development in Asia offers a contextualized approach to the economic and political realities within Asian financial markets, especially in these three different jurisdictions. The volume adopts a comparative and precise account on the prospects and challenges in further developing these financial centres.

Enhancing Financial Inclusion through Islamic Finance, Volume I

Enhancing Financial Inclusion through Islamic Finance, Volume I PDF

Author: Abdelrahman Elzahi Saaid Ali

Publisher: Springer Nature

Published: 2020-07-01

Total Pages: 262

ISBN-13: 3030399354

DOWNLOAD EBOOK →

This book, the first of two volumes, highlights the concept of financial inclusion from the Islamic perspective. An important element of the Sustainable Development Goals (SDGs), financial inclusion has been given significant prominence in reform and development agendas proposed by the United Nations and G-20. The significance of Islamic financial inclusion goes beyond improved access to finance to encompass enhanced access to savings and risk mitigation products, as well as social inclusion that allows individuals and companies to engage more actively in the real economy. It represents one of the important drivers of economic growth. Gender disparity exists within financial access and its extent varies widely across world economies. South Asia, the Middle East and North Africa have the largest gender gaps, with women in these regions being forty per cent less likely than men to have a formal account at a financial institution. Analysing how Islamic financial inclusion can empower individuals, this volume explores the contribution of Islamic microfinance in achieving SDGs and solving income and wealth inequality. Comprising a combination of empirical evidence, theory and modelling, this edited collection illustrates how to improve access to finance, making it essential reading for those researching both Islamic finance and development finance.

Financial Inclusion for Poverty Alleviation

Financial Inclusion for Poverty Alleviation PDF

Author: Essam Yassin Mohammed

Publisher: Routledge

Published: 2017-12-12

Total Pages: 260

ISBN-13: 1351595121

DOWNLOAD EBOOK →

More than one billion people still live below the poverty line – most of them in South Asia and Sub-Saharan Africa. Financial inclusion is a major issue, as more than three-quarters of the numbers of poor and disadvantaged women and men do not have access to financial products and services, such as bank accounts, affordable and suitable loans, and insurance. The key objective of this book is to provide practical case studies of financial inclusion, rather than focus on academic debates such as the ideological basis of promoting microfinance. Using the recently adopted Sustainable Development Goals as an overall framing of the issues, it shows how poor and disadvantaged women and men can be bankable if the right facilitation for maximizing opportunities and addressing constraints are in place. Case studies confirm that achieving inclusive and sustainable access to financial products and services goes beyond simply enabling poor and disadvantaged women and men to have access to credit, or the ability to open a bank account. Examples from Africa, Asia and Latin America demonstrate encouraging progress in making microcredit accessible to millions of poor people. The foremost challenge, however, has been to ensure that they have access to, and usage intensity of, suitable and affordable financial products and services that meet the needs of their livelihoods as well as risks and mitigation strategies. This requires understanding that poor and disadvantaged women and men do not exist in isolation from complex and interdependent functions in the financial system, which includes a number of actors, diversified services, constraints (not just symptoms) and capacities and incentives. Overall, the book provides a rich source of examples of how building inclusive financial systems can empower the world's poor – by increasing income and employment opportunities, securing livelihoods and reducing poverty.