As finance becomes more inclusive, financial services will reach people who have no experience with formal finance structures, and they may fail to use the services fully or properly. Financial education is a crucial component of successful financial inclusion. Even in advanced economies, significant gaps remain in financial literacy.

This episode discusses financial literacy in Japan and Malaysia.

Read the transcript

http://bit.ly/2vpb0we

Read the policy brief

https://www.adb.org/publications/financial-inclusion-digital-age

Authors

Shawn Hunter, manager, Inclusive Finance, The Foundation for Development Cooperation

Valdimir dela Cruz, ADBI associate at the time the brief was published

David Dole, ADBI senior economist https://www.adb.org/adbi/about/staff-profiles/david-dole.