KEUANGAN INKLUSIF: PILAR STRATEGIS ASEAN ECONOMIC COMMUNITY
Abstract
This
study aims to analyze the determinants of Inclusive Finance as a strategic pillar
for the success of the ASEAN Economic Community (AEC). Financial sector
deepening is a goal in the AEC blueprint. Financial Inclusion is identified as an
important factor for the development of ASEAN member countries through a
regional approach. Inclusive Finance is one way to socialize the financial sector
in particular to facilitate banking services and financial access for the
community. The inclusive financial level is seen from the Inclusive Finance Index
with dimensions of penetration, availability and usage. Determinants of inclusive
finance include Human Development Index (IPM), Villagers, and Road
Infrastructure analyzed using panel data with 7 countries cross section of 2010-
2015 period. The results of this study indicate the ASEAN Inclusive Finance
position of ASEAN member countries entering the AEC in the medium category.
The HDI and road infrastructure variables positively affect the Inclusive Finance
in ASEAN, while the rural population has a negative influence. Inclusive
financial strengthening is very strategic for achieving AEC objectives