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Financial Inclusion, Financial Literacy, and Financial Education in Azerbaijan

Author

Listed:
  • Ibadoghlu, Gubad

    (Asian Development Bank Institute)

Abstract

We discuss the status of financial inclusion, education, and literacy in Azerbaijan as well as measures to foster the development of small and medium-sized enterprises, which currently have inadequate access to financial resources. The Government of Azerbaijan is facing the primary challenge of defining its role in creating broader access to financial products and services. We highlight the barriers to financial inclusion, recommend solutions to overcoming the challenges, and discuss lessons learned and a potential way forward.

Suggested Citation

  • Ibadoghlu, Gubad, 2018. "Financial Inclusion, Financial Literacy, and Financial Education in Azerbaijan," ADBI Working Papers 842, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0842
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    More about this item

    Keywords

    financial inclusion; financial education; financial literacy; SME; household; Azerbaijan;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D18 - Microeconomics - - Household Behavior - - - Consumer Protection
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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