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...

Financial inclusion is receiving increasing attention for its potential to contribute to economic and financial development while fostering more inclusive growth and greater income equality. Although substantial progress has been made, there is still much to achieve. East Asia, the Pacific, and...

Chapter 1 Introduction: Characteristics of Asian financial systems in comparative perspective / ByPeter J. Morgan, Ulrich Volz, Naoyuki Yoshino -- Part I Country chapters: Chapter 2 The development and transformation of the financial system in the People's Republic of China / By Damian Tobin,...

Contents: Preface -- Part I Frameworks for central-local government relations -- 1. Frameworks for central-local government relations and fiscal sustainability / Peter J. Morgan and Long Q. Trinh -- 2. Looking beyond conventional intergovernmental fiscal frameworks: principles, realities, and...