Financial literacy plays an important role in bridging the digital divide and promoting digital trust.
Even though the central government issues strict regulation policies, it is the local governments’ discretion to adjust and enforce compliance.
A well-designed evaluation system can be effective in motivating bureaucrats to shift their efforts toward a more environmentally friendly growth path.
Impact investing activity in Asia has grown quickly, but it will be a challenge to maintain the pace of scaling due to the complex and widely heterogeneous landscape of the region.
Lenders who are at the center of a network not only invest larger amounts but also invest more swiftly than their peers.
In the absence of an effective credit scoring system, any voluntary information disclosure without verification could impair investment choices.
Countries in Asia would benefit from a scientific approach to policy design that improves the quality of environmental governance, in addition to the continuous commitment of resources.
Lending to female borrowers is associated with better loan performance.
Policy makers and stakeholders much assess the risks that environmental degradation and climate change pose for the stability of the financial system.
Regulators should be mindful of P2P lending risks, while seeking to capitalize on the benefits to SMEs.
Infrastructure development can give Central Asian economies an important boost for maintaining growth momentum, eradicating poverty, and addressing climate change.
Escalating environmental degradation and the risk of climate change are attracting growing attention from both policy makers and the public.
The development of financial technology has already radically altered the landscape of the financial system in Asia and promises to have an even greater impact in coming years.
Rising income inequality is a key challenge for policy makers in developing Asia.
Growth in high-income countries differs qualitatively from that of middle-income countries, and hence requires different factor endowments, industrial structures, and policies.