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Financial Inclusion, Regulation, Financial Literacy, and Financial Education in Tajikistan

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  • Roman Mogilevskii
  • Shokhboz Asadov

Abstract

This paper provides an analysis of financial inclusion, literacy, and education issues in the Republic of Tajikistan. It discusses the recent progress in financial inclusion and the sector’s response to the major external shock associated with the sharp fall in Tajik labor migrants’ remittances. The policies dealing with different aspects of financial inclusion are analyzed with a focus on the regulatory framework, penetration of new financial technologies, and the existing barriers to inclusion. The paper provides a set of recommendations for improving the situation with financial inclusion and financial literacy in the country.

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  • Roman Mogilevskii & Shokhboz Asadov, 2018. "Financial Inclusion, Regulation, Financial Literacy, and Financial Education in Tajikistan," Working Papers id:12821, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:12821
    Note: Institutional Papers
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    References listed on IDEAS

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    1. World Bank, 2015. "Mali Financial Sector Assessment Program," World Bank Publications - Reports 24270, The World Bank Group.
    2. World Bank, 2015. "Mali Financial Sector Assessment Program," World Bank Publications - Reports 24266, The World Bank Group.
    3. World Bank, 2015. "Mali Financial Sector Assessment," World Bank Publications - Reports 24582, The World Bank Group.
    4. International Monetary Fund & World Bank, 2015. "Bulgaria Financial Sector Assessment Program," World Bank Publications - Reports 22933, The World Bank Group.
    5. World Bank & International Monetary Fund, 2015. "Bosnia and Herzegovina Financial Sector Assessment," World Bank Publications - Reports 22260, The World Bank Group.
    6. World Bank, 2009. "Financial Sector Assessment : Republic of Tajikistan," World Bank Publications - Reports 3026, The World Bank Group.
    7. Asian Development Bank (ADB), 2013. "An Evaluation of the Electronic Pension Payment System in Tajikistan," ADB Reports RPT135582-3, Asian Development Bank (ADB), revised 15 Aug 2013.
    8. World Bank, 2015. "Mali Financial Sector Assessment Program," World Bank Publications - Reports 24271, The World Bank Group.
    9. International Monetary Fund & World Bank, 2015. "Financial Sector Assessment," World Bank Publications - Reports 23661, The World Bank Group.
    10. World Bank, 2015. "Mali Financial Sector Assessment Program," World Bank Publications - Reports 24269, The World Bank Group.
    11. World Bank, 2009. "Financial Sector Assessment : Republic of Kazakhstan," World Bank Publications - Reports 3058, The World Bank Group.
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    Cited by:

    1. Morshadul Hasan & Thuhid Noor & Jiechao Gao & Muhammad Usman & Mohammad Zoynul Abedin, 2023. "Rural Consumers’ Financial Literacy and Access to FinTech Services," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 780-804, June.
    2. Claude Bernard Lontchi & Baochen Yang & Yunpeng Su, 2022. "The Mediating Effect of Financial Literacy and the Moderating Role of Social Capital in the Relationship between Financial Inclusion and Sustainable Development in Cameroon," Sustainability, MDPI, vol. 14(22), pages 1-24, November.
    3. Morshadul Hasan & Thi Le & Ariful Hoque, 2021. "How does financial literacy impact on inclusive finance?," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-23, December.

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