ABSTRACT

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.

chapter 2|25 pages

The composition of financial inclusion in ASEAN and East Asia

A new hybrid index and some stylised facts

chapter 3|44 pages

The effects of financial inclusion on development outcomes

New insights from ASEAN and East Asian countries

chapter 4|31 pages

Financial inclusion

New measurement and cross-country impact assessment 1

chapter 6|41 pages

Empowering the powerless

Financial inclusion in developing Africa and Asia

chapter 7|30 pages

The poverty-reducing effects of financial inclusion

Evidence from Cambodia