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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 …
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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 …
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performance.” —Fachru Nofrian, Department of Economics, Universitas Pembangunan Nasional Veteran Jakarta, Indonesia This book … focuses on the development of Micro, Small and Medium Enterprises (MSMEs) in Indonesia based on various primary and secondary … government institutions, and the role of cooperatives. It also includes studies on women’s entrepreneurship in Indonesia, and …
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Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market … poor households. Whether raising minimum wages reduces poverty depends not only on whether formal sector workers lose jobs …
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