Enhancing youth and women’s financial inclusion in South Asia
The youthful population of South Asia, holding the majority in the subregion, will also have a great share in the future alongside the risk of being not in education, employment, or training with a persisting gender gap. This makes it important to adopt a gender-responsive policy framework for youth...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2022-12-01
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| Series: | Cogent Economics & Finance |
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| Online Access: | https://www.tandfonline.com/doi/10.1080/23322039.2022.2136237 |
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| author | Goksu Aslan |
| author_facet | Goksu Aslan |
| author_sort | Goksu Aslan |
| collection | DOAJ |
| description | The youthful population of South Asia, holding the majority in the subregion, will also have a great share in the future alongside the risk of being not in education, employment, or training with a persisting gender gap. This makes it important to adopt a gender-responsive policy framework for youth empowerment. This paper, after constructing a multidimensional financial inclusion index, based on a multilevel estimation framework considering the hierarchical structure of the dataset, shows evidence on how to increase financial inclusion among the South Asian youth. It furthermore provides policy recommendations considering the gendered effects. The paper finds that education level, formal employment, having a national ID, and government expenditure on education and health are important drivers of financial inclusion. The paper furthermore finds that education level becomes especially more important for those at the bottom income quintile and that government expenditure into education and health would boost the youth financial inclusion in South Asia, especially for the female youth. |
| format | Article |
| id | doaj-art-20bb7d42da7d462a8be1708d0344d33a |
| institution | OA Journals |
| issn | 2332-2039 |
| language | English |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Economics & Finance |
| spelling | doaj-art-20bb7d42da7d462a8be1708d0344d33a2025-08-20T02:34:25ZengTaylor & Francis GroupCogent Economics & Finance2332-20392022-12-0110110.1080/23322039.2022.2136237Enhancing youth and women’s financial inclusion in South AsiaGoksu Aslan0Social Science Division, New York University Abu Dhabi, Abu Dhabi, United Arab EmiratesThe youthful population of South Asia, holding the majority in the subregion, will also have a great share in the future alongside the risk of being not in education, employment, or training with a persisting gender gap. This makes it important to adopt a gender-responsive policy framework for youth empowerment. This paper, after constructing a multidimensional financial inclusion index, based on a multilevel estimation framework considering the hierarchical structure of the dataset, shows evidence on how to increase financial inclusion among the South Asian youth. It furthermore provides policy recommendations considering the gendered effects. The paper finds that education level, formal employment, having a national ID, and government expenditure on education and health are important drivers of financial inclusion. The paper furthermore finds that education level becomes especially more important for those at the bottom income quintile and that government expenditure into education and health would boost the youth financial inclusion in South Asia, especially for the female youth.https://www.tandfonline.com/doi/10.1080/23322039.2022.2136237financial inclusionsustainable development goals (SDGs)youthD14G28J16 |
| spellingShingle | Goksu Aslan Enhancing youth and women’s financial inclusion in South Asia Cogent Economics & Finance financial inclusion sustainable development goals (SDGs) youth D14 G28 J16 |
| title | Enhancing youth and women’s financial inclusion in South Asia |
| title_full | Enhancing youth and women’s financial inclusion in South Asia |
| title_fullStr | Enhancing youth and women’s financial inclusion in South Asia |
| title_full_unstemmed | Enhancing youth and women’s financial inclusion in South Asia |
| title_short | Enhancing youth and women’s financial inclusion in South Asia |
| title_sort | enhancing youth and women s financial inclusion in south asia |
| topic | financial inclusion sustainable development goals (SDGs) youth D14 G28 J16 |
| url | https://www.tandfonline.com/doi/10.1080/23322039.2022.2136237 |
| work_keys_str_mv | AT goksuaslan enhancingyouthandwomensfinancialinclusioninsouthasia |