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The Financial Inclusion Landscape in the Asia-Pacific Region: A Dozen Key Findings
Author:
Mrs. Sarwat Jahan
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,
Jayendu Denull

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Mr. Fazurin Jamaludin
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Piyaporn Sodsriwiboon
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Cormac Sullivannull

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Series:
IMF Working Papers
Volume/Issue:
Volume 2019: Issue 079
Language:
English
Publication Date:
19 Apr 2019
DOI:
https://doi.org/10.5089/9781498305440.001
ISBN:
9781498305440
ISSN:
1018-5941
Pages:
31
Keywords:
WP; Asia-Pacific region; Asia-Pacific; financial service; emerging market; Asia-Pacific economy; Financial Inclusion; Emerging Markets; Developing Asia; Pacific Islands; Asia-Pacific EMs; financial system; emerging economies in Asia-Pacific; Mobile banking; Financial sector development; Fiscal accounting and reporting; Global; South Asia; Asia and Pacific
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Financial inclusion is a multidimensional concept and countries have chosen diverse methods of enhancing financial inclusion with varying degrees of results. The heterogeneity of financial inclusion is particularly striking in the Asia-Pacific region as member countries range from those that are at the cutting edge of financial technology to others that are aiming to provide access to basic financial services. The wide disparity is not only inter-country but also intra-country. The focus of this paper is to take stock of the current state of financial inclusion in the Asia-Pacific region by highlighting twelve stylized facts about the state of financial inclusion in these countries. The paper finds that the state of financial inclusion depends on several factors, but a holistic approach calibrated to specific country conditions may lead to greater financial inclusion.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 2019: Issue 079