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Enhancing financial inclusion in Asia and the Pacific

Author

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  • Heather Taylor

    (Macroeconomic Policy and Financing for Development Division, ESCAP)

Abstract

Designing financial inclusion strategies is a significant tool for ending poverty. It not only provides access to financial services and enhances the financial literacy of the poor, but it also allows micro, small and medium enterprises (MSMEs), startups and young firms, and innovative projects greater access to finance. However, the level of financial inclusion and its impact on poverty, employment and narrowing the gender gap varies widely across countries. Policies, therefore, need to be mainstreamed to improve full and equal access to financial services for all, with appropriate attention given to financial stability matters.

Suggested Citation

  • Heather Taylor, 2016. "Enhancing financial inclusion in Asia and the Pacific," MPDD Policy Briefs PB44, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    • Handle: RePEc:unt:pbmpdd:pb44
    as

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    File URL: http://www.unescap.org/sites/default/files/No.%2044%20PB_fin%20inclusion_12July16.pdf
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    References listed on IDEAS

    as
    1. World Bank, 2015. "The Little Data Book on Financial Development 2015/2016," World Bank Publications - Books, The World Bank Group, number 22553.
    2. World Bank, 2015. "The Little Data Book on Financial Inclusion 2015," World Bank Publications - Books, The World Bank Group, number 21636.
    3. Asian Development Bank (ADB), 2014. "ADB-OECD Study on Enhancing Financial Accessibility for SMEs: Lessons from Recent Crises," ADB Reports RPT146403-2, Asian Development Bank (ADB), revised 08 Jul 2014.
    4. World Bank, 2014. "Global Financial Development Report 2014 : Financial Inclusion," World Bank Publications - Books, The World Bank Group, number 16238.
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