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Financial inclusion is a policy priority in both developed and developing countries. Yet almost one in four people remain financially excluded around the globe, with the vast majority living in the developing world. In this paper, we argue that financial resilience: an individual's ability to function effectively in adverse financial situations, can better help us assist people to cope with financial adversity, develop effective policy and, ultimately, improve economic development. This paper builds on an existing financial resilience meas-urement framework and adapts it to develop a measure appropriate to the context of devel-oping countries. Indonesia, where one in three people are financially excluded, is used as a case country from which to draw conclusions. We use the Indonesia Family Life Sur-vey and put forward the country's first snapshot of financial resilience. Implications for research and policy are presented.

The Asian paradox suggests a net grease-the-wheel effect of corruption.