and policy makers alike. This paper employs data from a nationally representative survey in Indonesia to investigate the … impact of financial literacy on poverty, which is a downstream welfare indicator. Consequently, we have constructed a … composite financial literacy index. Our results reveal that financial literacy plays an important role in reducing poverty. This …

Numerous microfinance initiatives around the world aim to alleviate poverty in developing countries. However, debate … from two studies in Indonesia that help explain why moneylending can still thrive when low-interest microfinance is widely …

poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient … into a middle income country (ADB, 2014). This has stimulated the need to understand causes of inequality and poverty for … poverty because they will substantially undermine the economic growth if left unchecked (ADB, 2014). The objective of this …