Financial Inclusion in Asia
Issues and Policy Concerns

Editors: Sasidaran Gopalan, Tomoo Kikuchi



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.

Table of contents

Front Matter
Pages i-xxvi

Measurement and Determinants
Front Matter
Pages 1-1
Measuring Financial Inclusion for Asian Economies
Pages 3-34
Determinants of Financial Inclusion in Asia
Pages 35-57

Financial Inclusion: Importance and Implications
Front Matter
Pages 59-59
Does Financial Inclusion Reduce Poverty and Income Inequality in Developing Asia?
Pages 61-92
Financial Inclusion and Monetary Policy in Emerging Asia
Pages 93-127

Financial Inclusion in Asia: Country Experiences
Front Matter
Pages 129-129
Financial Inclusion in Indonesia: Moving Towards a Digital Payment System
Pages 131-186
Financial Inclusion in Sri Lanka: Current Status and Issues
Pages 187-208
Microfinance and Financial Inclusion in India
Pages 209-256

Back Matter
Pages 257-263

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