Governments and the private sector should work together to protect migrants’ welfare and channel remittances into productive investments.
Blog posts on "financial literacy"
To help microfinance clients borrow the right amount, we need to improve their awareness and understanding of financial products.
For over a third of the respondents, expanding financial literacy is crucial in Asia, where many poor people don’t use basic financial services because they don’t understand them properly.
Innovations in ICT and the emergence of new fintech players are accelerating financial inclusion much more rapidly than at any other time in history.
It’s not just about broadening access to finance, but also inducing beneficial use of credit.
An ADB-funded soap opera became hugely popular on Mongolian TV in 2015 – and helped change people’s financial behavior.
To avoid heavy-handed state intervention in small businesses, we need to think of new ways to make it easier for SMEs to obtain credit from commercial banks in ASEAN economies.