This will also help identify teachable moments for low income groups that may typically occur around the receipt of money, the need for credit etc. Second, it is better to implement and earn quick wins to generate positive energy such as starting from a pilot launch initially before going national to gain the buy-in of all the stakeholders.
Figure 4 Debt rises across the globe  A higher proportion of the debt has accumulated in China and other emerging markets. Indeed, China’s total non-financial debt has risen over the past 10 years from 141% of GDP in 2008 to 261% in the first quarter of 2018.