The Impact of Financial Inclusion on Economic Growth, Poverty, and Income Inequality in selected ASEAN countries: The role of Financial Innovation
The lack of access to finance hinders socio-economic development. Studying selected countries in ASEAN, it was found that financial inclusion reduces poverty by assisting in human capital accumulation and investments in microenterprises. Financial innovation strengthens the growth-enhancing impact o...
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| Format: | Thesis |
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Curtin University
2022
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| Online Access: | http://hdl.handle.net/20.500.11937/90275 |
| _version_ | 1848765362895585280 |
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| author | Wong, Zhian Zhiow Augustinne |
| author_facet | Wong, Zhian Zhiow Augustinne |
| author_sort | Wong, Zhian Zhiow Augustinne |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The lack of access to finance hinders socio-economic development. Studying selected countries in ASEAN, it was found that financial inclusion reduces poverty by assisting in human capital accumulation and investments in microenterprises. Financial innovation strengthens the growth-enhancing impact of financial inclusion through more efficient allocation of funds. Finally, financial innovation combined with financial inclusion increases the growth rate of income inequality due to the unequal benefits of digital financial innovations to the higher-income segments. |
| first_indexed | 2025-11-14T11:34:03Z |
| format | Thesis |
| id | curtin-20.500.11937-90275 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T11:34:03Z |
| publishDate | 2022 |
| publisher | Curtin University |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-902752025-03-11T01:49:50Z The Impact of Financial Inclusion on Economic Growth, Poverty, and Income Inequality in selected ASEAN countries: The role of Financial Innovation Wong, Zhian Zhiow Augustinne The lack of access to finance hinders socio-economic development. Studying selected countries in ASEAN, it was found that financial inclusion reduces poverty by assisting in human capital accumulation and investments in microenterprises. Financial innovation strengthens the growth-enhancing impact of financial inclusion through more efficient allocation of funds. Finally, financial innovation combined with financial inclusion increases the growth rate of income inequality due to the unequal benefits of digital financial innovations to the higher-income segments. 2022 Thesis http://hdl.handle.net/20.500.11937/90275 Curtin University fulltext |
| spellingShingle | Wong, Zhian Zhiow Augustinne The Impact of Financial Inclusion on Economic Growth, Poverty, and Income Inequality in selected ASEAN countries: The role of Financial Innovation |
| title | The Impact of Financial Inclusion on Economic Growth, Poverty, and Income Inequality in selected ASEAN countries: The role of Financial Innovation |
| title_full | The Impact of Financial Inclusion on Economic Growth, Poverty, and Income Inequality in selected ASEAN countries: The role of Financial Innovation |
| title_fullStr | The Impact of Financial Inclusion on Economic Growth, Poverty, and Income Inequality in selected ASEAN countries: The role of Financial Innovation |
| title_full_unstemmed | The Impact of Financial Inclusion on Economic Growth, Poverty, and Income Inequality in selected ASEAN countries: The role of Financial Innovation |
| title_short | The Impact of Financial Inclusion on Economic Growth, Poverty, and Income Inequality in selected ASEAN countries: The role of Financial Innovation |
| title_sort | impact of financial inclusion on economic growth, poverty, and income inequality in selected asean countries: the role of financial innovation |
| url | http://hdl.handle.net/20.500.11937/90275 |