IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/recdev-2016-8-713.html
   My bibliography  Save this article

Current Estimates And Problems Of Financial Literacy Measurement In The World Practice

Author

Listed:
  • Khudko Elizaveta

    (Gaidar Institute for Economic Policy)

Abstract

In recent years, the problem of low level of financial literacy of the population has become evident in many countries. On the one hand, it leads to a slowdown in the retail financial segment, on the other hand, it could trigger instability in the financial market. In an attempt to solve this problem, authorities of different countries have begun to develop national strategies on improving financial literacy. The starting point for working on the strategy is assessing the current level of financial knowledge among the population. However, an overview of existing approaches to assessing financial literacy of the population shows that a variety of methods is used worldwide and research is conducted unsystematically, making it difficult to monitor financial literacy at the national level and make international comparative analysis.

Suggested Citation

  • Khudko Elizaveta, 2016. "Current Estimates And Problems Of Financial Literacy Measurement In The World Practice," Russian Economic Developments, Gaidar Institute for Economic Policy, issue 8, pages 43-50, August.
  • Handle: RePEc:gai:recdev:recdev-2016-8-713
    as

    Download full text from publisher

    File URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-8-713.pdf
    File Function: Revised version, 2016
    Download Restriction: no

    More about this item

    Keywords

    Financial Markets; Russian Economy;

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • G3 - Financial Economics - - Corporate Finance and Governance
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:recdev:recdev-2016-8-713. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Hugues). General contact details of provider: http://edirc.repec.org/data/gaidaru.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.