Additional Measurement for Financial Inclusion Indexing and its Impact of Economic Growth in Selected ASEAN Countries

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Panel analysis finds financial inclusion positively influences economic growth in selected ASEAN countries, highlighting its importance.

Financial inclusion positively impacts economic growth, suggesting incentives are needed to enhance it.
PVAR analysis showed Indonesia's financial inclusion in the middle category, Malaysia and Thailand are high, while the Philippines is low.
The study spans annual data from 2005 to 2021, utilizing variables like GDP, inflation, and unemployment.
Panel data methods confirm the significance of boosting financial inclusion to accelerate economic growth.

Wardhono et al. (2024) studied this question.

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