Jurnal Ekonomi Kuantitatif Terapan
Vol. 17 No. 1 (2024): Vol. 17, No. 1, Februari 2024 (pp.1-154)

FORECASTING FINANCIAL INCLUSION AND ITS IMPACTS ON POVERTY AND INEQUALITY: A COMPARATIVE STUDY IN ASEAN- 5

Setyo Tri Wahyudi (Unknown)
Rihana Sofie Nabella (Unknown)
Nurul Badriyah (Unknown)
Kartika Sari (Unknown)
Rade (Unknown)



Article Info

Publish Date
14 Oct 2025

Abstract

Financial inclusion has played a vital role in eradicating poverty and inequality in somedeveloping countries over the last few decades. In ASEAN, the growth of financial inclusion is sorapid that it reaches every element of society. Therefore, the purpose of this study is to examineforecasts of financial inclusion, poverty, and inequality in ASEAN. In addition, the study alsoanalyzes the correlation between financial inclusion, poverty, and inequality in ASEAN. Thestudy uses the ARIMA and GMM models for the study period from 2000 to 2022. Projectionsshow that most ASEAN countries have experienced an increase in the long-term financialinclusion index, with Thailand leading the ranking, followed by Malaysia. However, the role offinancial inclusion in poverty does not seem to be so significant in the short term, most likely dueto the still-difficult access for low-income groups.

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Journal Info

Abbrev

jekt

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Kuantitatif Terapan is a journal that is focused as an empirical means of publication of scientific papers with emphasis contents of the article on the use of quantitative analysis tools (econometrics, parametric and non-parametric statistics, descriptive statistics, input-output, ...