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Financial capability in Ireland and a comparison with the UK

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  • Nuala O'Donnell
  • Mary Keeney

Abstract

The recent global financial turmoil and its ongoing implications have highlighted the importance of personal financial capability. This article outlines the critical role of financial capability in today's world. The findings of the first study of financial capability in Ireland are presented. The article then compares some important aspects of financial capability in Ireland and the UK and assesses what lessons can be learnt from such a comparison and the policy implications which arise. Differences include pension coverage and current account holdings, while similarities are evident in the area of keeping up with bills and commitments.

Suggested Citation

  • Nuala O'Donnell & Mary Keeney, 2010. "Financial capability in Ireland and a comparison with the UK," Public Money & Management, Taylor & Francis Journals, vol. 30(6), pages 355-362, November.
    • Handle: RePEc:taf:pubmmg:v:30:y:2010:i:6:p:355-362
    DOI: 10.1080/09540962.2010.525004
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    Cited by:

    1. Nolan, Anne & Whelan, Adele & McGuinness, Seamus & Maître, Bertrand, 2019. "Gender, pensions and income in retirement," Research Series, Economic and Social Research Institute (ESRI), number RS87, June.
    2. Sabrina Bunyan & Alan Collins & Gianpiero Torrisi, 2016. "Analysing Household and Intra-urban Variants in the Consumption of Financial Services: Uncovering “Exclusion” in an English City," Journal of Consumer Policy, Springer, vol. 39(2), pages 199-221, June.
    3. Lunn, Pete & Julienne, Hannah & Belton, Cameron & Timmons, Shane, 2022. "Understanding Solutions to Problem Debt: An Experimental Investigation," Papers WP726, Economic and Social Research Institute (ESRI).
    4. Marvin Kapenda, 2023. "An Analysis of Personal Financial Literacy among Teachers in Secondary Schools," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 10(8), pages 226-240, August.
    5. Godfrey Adda, 2020. "Financial Management Practices and Growth of Small and Medium-Scale Enterprises: The case of Kassena-Nankana West District," Research in Business and Management, Macrothink Institute, vol. 7(2), pages 39-58, August.

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