Government financial aid is associated with a lower probability of a decline in family business income and a higher probability of adopting coping strategies.
The COVID-19 crisis has severely affected employment and education in member countries of the Central Asia Regional Economic Cooperation.
A change in monetary policy stance from easing to neutral/tightening, or from neutral to tightening is greatly appreciated by the media in Viet Nam.
The outbreak of the COVID -19 virus and the resulting drop in demand are having a severe impact on Asian economies and, by extension, Asian households.
The COVID-19 pandemic has affected the income of all households, regardless of their economic status.
Governments should not only focus on mitigating the financial and economic effects of the pandemic but also take into account nonfinancial effects since these are strongly associated with individual well-being.
The outbreak of the COVID-19 virus and the resulting falls in demand due both to uncertainty and policy interventions are having a severe impact on Asian economies and hence on Asian households.
A higher level of financial literacy has strong and positive effects on an individual’s awareness and use of fintech products.
Higher financial literacy is positively associated with a higher likelihood of using fintech services but negatively correlated with holdings of crypto assets.
Financial literacy is gaining increasing importance as a policy objective in many countries.