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.

Autorentext

Dr Sasidaran Gopalan is a Research Fellow at the Asia Competitiveness Institute at the Lee Kuan Yew School of Public Policy, National University of Singapore. Prior to this, he was a Post-Doctoral Fellow at the Institute for Emerging Market Studies at the Hong Kong University of Science and Technology (HKUST) and the HKUST Jockey Club Institute for Advanced Study.

Dr Tomoo Kikuchi is a Senior Research Fellow at Centre on Asia and Globalisation (CAG) at the Lee Kuan Yew School of Public Policy (LKYSPP), National University of Singapore (NUS), Singapore. His research interests include: economic growth and development, international trade and investment, asset price bubbles and political economy.

Inhalt

Section I: Measurement and Determinants.- Chapter 1) Measuring Financial Inclusion; Mandira Sarma.- Chapter 2) Determinants of Financial Inclusion in Asia; Zuzana Fungácová and Laurent Weill.- Section II: Financial Inclusion: Importance and Implications.- Chapter 3) Financial Inclusion, Poverty and Income Inequality in Developing Asia; Cyn-Young Park.- Chapter 4) Financial inclusion and Monetary Policy, Aaron Mehrotra.- Section III: Financial Inclusion in Asia: Country Experiences.- Chapter 5) Indonesia: Moving towards Digital Payment System, Moekti Soejachmoen.- Chapter 6) Financial Inclusion Policies in Sri Lanka: Status and Issues, Ganga Tilakaratna.- Chapter 7) Microfinance and Financial Inclusion in India, Rajesh Chakrabarti and Kaushiki Sanyal.