Like in many other countries, inclusive finance for inclusive growth has become a policy issue in Bangladesh following the global financial crisis in 2008. Over the past 10 years, intensity of financial deepening and access to financial services has increased. Both banks and microfinance...

Financial inclusion has significantly advanced in Armenia during the last decade. Rural and urban areas, however, have benefited unevenly. The high cost of providing financial services, the lack of physical infrastructure, higher poverty rates, and the low level of financial literacy are the...

Germany's bank-based financial system provides a high level of financial inclusion, measured by bank outreach and use of financial services. However, the most vulnerable individuals and small enterprises in Germany tend to be excluded or credit constrained. The quality of financial inclusion is...

The Australian government introduced legislation for plain packaging of cigarettes in July 2011. This immediately provoked a strong counter-reaction from the multinational tobacco industry, particularly Philip Morris International. Two major areas in which the tobacco industry targeted the...

Federal securities regulation in the United States purports to take a distinctly non-paternalistic approach to the securities markets. The securities laws utilize disclosure, rather than heavy-handed substantive rules, to regulate securities transactions. Instead of flatly and paternalistically...

The aim of this paper is to assess the impact of selected financial regulations on the share of private financing in higher education institutions (HEIs). The regulations increasing the stability of financing should be preferred by countries reducing the stable part of budgetary funds because...

This article comprehensively examines the Chilean system of accreditation of higher education institutions. The analysis begins with the liberal policies introduced by the military government that effectively promoted the market that accreditation came to regulate. This article then describes...

In a letter to the U.S. Department of Education, the Student Borrower Protection Center (SPBC), National Consumer Law Center (NCLC), and Prison Policy Initiative (PPI) offer comments on proposed regulations to implement new statutory requirements to establish Federal Pell Grant (Pell Grant)...

This paper looks at consumer complaints about student loan lenders and servicers from the Consumer Financial Protection Bureau’s (CFPB’s) consumer complaint database. Using a novel dataset drawn from 30,678 complaints filed against 212 student loan companies, we analyze consumers’...

There has been much debate over the past several years about the financial burden of attending college. At the same time, the growth of for-profit institutions has led some to call for more stringent regulation of access to federal financial aid. In this paper, we first review general concerns...