Enhancing financial inclusion in Asia and the Pacific

Heather Taylor
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Heather Taylor: Macroeconomic Policy and Financing for Development Division, ESCAP

No PB44, MPDD Policy Briefs from United Nations Economic and Social Commission for Asia and the Pacific (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.

Date: 2016-06
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