Transcription of Financial Inclusion, Poverty, and Income Inequality in ...
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ASIAN DEVELOPMENT BANKAsiAn Development BAnk6 ADB Avenue, Mandaluyong City1550 Metro Manila, inclusion , poverty , and Income Inequality in Developing AsiaThe authors present a broad-based Financial inclusion indicator to assess various macroeconomic and country-specific factors affecting the degree of Financial inclusion for 37 selected developing Asian economies. Using the newly constructed Financial inclusion indicator, the authors find that per capita Income , rule of law, and demographic structure are highly correlated with Financial inclusion . Empirical findings also show that Financial inclusion is significantly associated with lower poverty and Income Inequality in the the Asian Development BankADB s vision is an Asia and Pacific region free of poverty . Its mission is to help its developing member countries reduce poverty and improve the quality of life of their people.
“Financial Inclusion, Regulation, and Education” ... often considered as a critical element that makes growth inclusive as access to finance can enable economic agents to make longer-term consumption and investment decisions, participate in productive activities, and cope with unexpected short-term shocks. ...
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