Financial Literacy Around the World: An Overview of the Evidence with Practical Suggestions for the Way Forward

Financial literacy programs are fast becoming a key ingredient in financial policy reform worldwide. Yet, what is financial literacy exactly and what do we know of its effectiveness? This paper collects insights from the literature thus far and summarizes global evidence on financial literacy, its correlates, and existing and upcoming causal investigations. The authors conclude with a synthesis of policy advice and practical suggestions for the way forward in this fast growing area of research.

• Publication year

  2012

• Venue

  Unknown venue

• Publication date

  2012-06-01

• Fields of study

  Business, Economics, Political Science

• Identifiers
  DOI 10.1596/1813-9450-6107
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

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