Strategies and Initiatives on Digital Financial Inclusion: Lessons from Experiences of APEC Economies
The COVID-19 pandemic has accelerated digital financial inclusion with increased digital financial services. Several studies found evidence that the availability of digital financial services is associated with higher GDP and lower income inequality. The task is to find the right balance between enabling financial innovation and addressing risks such as insufficient consumer protection, low levels of financial and digital literacy, unequal access to digital infrastructure, money laundering and cyber risks.
Digital inclusion in Caribbean digital transformation frameworks and initiatives
This study evaluates the extent to which digital inclusion is considered in Caribbean digital
transformation frameworks. Digital inclusion considers the ways in which digital divides are created as
the digital transformation of society progresses, and how societal inequalities affect and are affected
by digital technologies. As such, digital inclusion is a lens through which the effects of the digital
transformation can be assessed.