Financial Inclusion and Achievements of Sustainable Development Goals (SDGs) in ASEAN

Ahmad Ma'ruf ()
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Ahmad Ma'ruf: Department of Economics, Universitas Muhammadiyah Yogyakarta, Indonesia Author-2-Name: Febriyana Aryani Author-2-Workplace-Name: Institute of Public Policy and Economic Studies, Yogyakarta, 55293, Indonesia Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:

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Abstract: Objective - Financial Inclusion is an essential agenda at the ASEAN level. Increasing financial inclusion aims to develop the economic capacity of the population to reduce poverty and encourage income distribution. This study aims to analyze the relationship of financial inclusion to the achievement of Sustainable Development Goals (SDGs) in the aspect of poverty alleviation in ASEAN.Methodology/Technique - This study uses a quantitative approach. The data used is secondary data in the period between 2010 and 2018. Data processing uses multiple regression. The financial inclusion dimensions analyzed are the socioeconomic dimension and the infrastructure dimension.Findings - Financial Inclusion has a negative and significant relationship with the achievement of sustainable development goals (SGDs) in the aspect of poverty alleviation in ASEAN.Novelty - The statement that the development of countries in ASEAN to realize SDGs on poverty eradication becomes very important. This study is essential for policymakers regarding poverty alleviation and financial inclusion development. This study contributes to the financial inclusion literature in ASEAN with an emphasis on the socioeconomic dimension.

Keywords: Financial Inclusion; Sustainable Development Goals; Poverty; ASEAN. (search for similar items in EconPapers)
JEL-codes: G00 G28 (search for similar items in EconPapers)
Pages: 9
Date: 2019-12-30
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Published inJournal of Business and Economics Review, Volume 4, Issue 4

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