Financial Inclusion and Achievements of Sustainable Development Goals (SDGs) in ASEAN

J. Bus. Econ. Review 4 (4) 147 – 155 (2019)

9 Pages Posted: 2 Mar 2020

See all articles by Ahmad Ma’ruf

Ahmad Ma’ruf

Department of Economics, Universitas Muhammadiyah Yogyakarta, Indonesia

Febriyana Aryani

Institute of Public Policy and Economic Studies

Date Written: December 31, 2019

Abstract

Objective - Financial Inclusion is an essential agenda at the ASEAN level. Increasing financial inclusion aims to develop the economic capacity of the population to reduce poverty and encourage income distribution. This study aims to analyze the relationship of financial inclusion to the achievement of Sustainable Development Goals (SDGs) in the aspect of poverty alleviation in ASEAN.

Methodology/Technique - This study uses a quantitative approach. The data used is secondary data in the period between 2010 and 2018. Data processing uses multiple regression. The financial inclusion dimensions analyzed are the socioeconomic dimension and the infrastructure dimension.

Findings - Financial Inclusion has a negative and significant relationship with the achievement of sustainable development goals (SGDs) in the aspect of poverty alleviation in ASEAN.

Novelty - The statement that the development of countries in ASEAN to realize SDGs on poverty eradication becomes very important. This study is essential for policymakers regarding poverty alleviation and financial inclusion development. This study contributes to the financial inclusion literature in ASEAN with an emphasis on the socioeconomic dimension.

Type of Paper - Empirical.

Keywords: Financial Inclusion; Sustainable Development Goals; Poverty; ASEAN

JEL Classification: G00, G28

Suggested Citation

Ma’ruf, Ahmad and Aryani, Febriyana, Financial Inclusion and Achievements of Sustainable Development Goals (SDGs) in ASEAN (December 31, 2019). J. Bus. Econ. Review 4 (4) 147 – 155 (2019), Available at SSRN: https://ssrn.com/abstract=3528373

Ahmad Ma’ruf (Contact Author)

Department of Economics, Universitas Muhammadiyah Yogyakarta, Indonesia ( email )

Yogyakarta
Yogyakarta, ID Yogyakarta
Indonesia

Febriyana Aryani

Institute of Public Policy and Economic Studies ( email )

Yogyakarta
55293
Indonesia

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