Financial System Stability, Regulation, and Financial Inclusion
Financial authorities face a number of key challenges, including maintaining financial stability; ensuring long-term finance for stable economic growth; promoting greater access to financial services for both households and small and medium-sized enterpri
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Asia and the Pacific has been advancing in many aspects of its development, but the potential for growth is vast. The ADB Institute Series on Development Economics aims to identify and propose solutions using a multidisciplinary approach to important development issues facing economies in the Asia and Pacific region. Through edited volumes and monographs, the series showcases the research output of the Asian Development Bank Institute as well as its collaboration with other leading think tanks and institutions worldwide. The current focus of the series is infrastructure development; financial inclusion, regulation, and education; housing policy; central and local government relations; macroeconomic policy; and governance. The series also examines the major bottlenecks to greater stability and integration in Asia and the Pacific, while addressing timely issues including trends in microfinance, fiscal policy stability, and ways of tackling income inequality. The publications in the series are relevant for scholars, policymakers, and students of economics, and provide recommendations for economic policy enhancement and a greater understanding of the implications of further capacity building and development reform in Asia and the Pacific. More information about this series at http://www.springer.com/series/13512
ADB Institute Financial Services Agency, Japan International Monetary Fund Regional Office for Asia and the Pacific Editors
Financial System Stability, Regulation, and Financial Inclusion
PANTONE 281C
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Editors ADB Institute Chiyoda-ku Tokyo Japan Financial Services Agency, Japan Chiyoda-ku Tokyo Japan
International Monetary Fund Regional Office for Asia and the Pacific Chiyoda-ku Tokyo Japan
ISBN 978-4-431-55253-6 ISBN 978-4-431-55254-3 (eBook) DOI 10.1007/978-4-431-55254-3 Springer Tokyo Heidelberg New York Dordrecht London Library of Congress Control Number: 2014957757 © Asian Development Bank Institute, Financial Services Agency, Japan, and International Monetary Fund 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Viola
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