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Books > Social sciences > Politics & government > Central government > Central government policies
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Financial Inclusion, Regulation, Literacy, and Education in Central Asia and South Caucasus (Paperback)
Loot Price: R952
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Financial Inclusion, Regulation, Literacy, and Education in Central Asia and South Caucasus (Paperback)
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Financial inclusion and financial education are becoming
increasingly recognized as key requirements for sustainable and
inclusive growth, and have been recognized as such by international
fora such the Group of Twenty (G20) and the OECD. However,
countries in Central Asia and the South Caucasus region have
generally lagged in this area. Aside from Kazakhstan, the levels of
financial inclusion are substantially below the average level of
developing economies. Moreover, there has been little study of the
determinants of and barriers to the development of financial
inclusion and financial literacy in this region. In this study,
prominent scholars in each country examine recent trends in
financial inclusion in seven countries-Armenia, Azerbaijan,
Georgia, Kazakhstan, Kyrgyz Republic, Tajikistan and Uzbekistan-for
both individuals and small and medium-sized firms (SMEs);
institutional and regulatory barriers to the expansion of financial
inclusion; and policy options to support greater financial
inclusion while maintaining financial stability. The book also
examines issues related to the assessment of financial literacy and
promotion of financial education to support greater financial
inclusion in the region. One prominent feature of the region is the
relatively slow uptake of innovative financial technologies that
could promote financial inclusion such as mobile phone banking,
crowd funding and peer-to-peer (P2P) lending platforms. This book
examines the barriers to such development, as recommends policies
to facilitate the introduction of such technologies.
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