A growing literature examines the roles of financial literacy in an individual's income, saving behavior, and the use of financial products including financial technology (fintech). However, no study has examined the effects of the financial literacy of family business owners on fintech use and...

Household consumption of coal and other dirty fuels for heating and cooking greatly contributes to air pollution both outdoors and indoors. This paper contributes to the literature on the determinants of household heating choice (dirty versus modern energy source). Energy transition in countries...

Women face substantial and specific challenges from the use of solid fuels. The persistence and prevalence of traditional gender roles in many societies mean that women and girls are often responsible for gathering and managing solid fuel supplies. Significant time and effort is required for...

Food insecurity has become of increasing concern following the economic downturn during the COVID-19 pandemic and the subsequent sharp rise in inflation, including food price inflation. To better understand the conditions of food insecurity and the impacts of inflation and other drivers of food...

In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial...

This paper assesses the case for promoting financial education in Asia. It argues that the benefits of investing in financial education can be substantial. Data are limited, but indicate low financial literacy scores for selected Asian countries. As economies develop, access to financial...

The impacts of the COVID-19 outbreak have heavily affected CAREC member countries, which include Afghanistan, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, the People's Republic of China (PRC), Tajikistan, Turkmenistan, and Uzbekistan. The COVID-19 crisis and the...

The outbreak of the COVID-19 virus and the resulting falls in demand due both to uncertainty and policy interventions such as lockdowns, "social distancing," and travel restrictions are having a severe impact on Asian economies and hence on Asian households. These negative impacts come through a...

This investigation examines the impact of COVID-19 on households in Mongolia, particularly the choice of fuel for heating and cooking and awareness about harmful effects of indoor pollution due to the combustion of solid fuels for heating and cooking. This study uses publicly available MICS Plus...

Financial literacy is gaining increasing importance as a policy objective in many countries. A growing literature has examined the role of financial literacy in an individual's income, saving behavior, and the use of various financial products. However, so far, we are not aware of any studies of...