Chart of the Week May 21, 2021: Financial Account Ownership and Challenges in ASEAN

Summary  Financial inclusion is heterogeneous across Southeast Asia, reflecting the region’s diverse and multifaceted population. This week’s chart illustrates the account ownership rates across select Association of Southeast Asian Nations (ASEAN) member states, as well as the challenges cited by the unbanked. The data is sourced from the Global Findex Database (2017), which is the world’s most comprehensive data set on how […]

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The Junction of China’s Welfare Spending and Fiscal Sustainability

Debt levels in China are believed to be sustainable at a national level, but a closer look at provincial level data, flags up potential causes for concern. Prior to the Global Financial Crisis, there was a consensus that China was fiscally sustainable with both foreign and domestic debt taken into consideration. This is because the […]

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