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Towards Better Data for Better Development Outcomes: A “lean” DFL survey tool to measure digital and financial literacy globally

Author

Listed:
  • Massie Jessica

    (DFL Specialist, UNCDF, Rwanda)

  • Tebbutt Caz

    (Managing Director, Tebbutt Research, Fiji)

  • Atkinson Adele

    (Professor of Practice in Financial Literacy and Wellbeing, Centre for Household Assets and Savings Management (CHASM), University of Birmingham, U.K.)

  • Boateng Yaa Asamoah

    (Communication and Knowledge Management Analyst, UNCDF, Ghana)

Abstract

The rapid development and increasing reach of digital platforms for financial products and services provides great potential for better mechanisms for those considered “left behind” in a changing world to access and use new tools for economic development. However, a lack of current data on digital and digital financial knowledge and competencies, particularly in the Pacific region, means that developing targeted data-based interventions can be difficult. To fill the data gap, the United Nations Capital Development Fund (UNCDF) and Tebbutt Research implemented a lean digital and financial literacy survey (DFL survey) in six Pacific countries and Timor-Leste in 2022 and 2023, which resulted in findings that provide a baseline as well as information to be used by policy makers, development practitioners and financial service providers to better target low-income and underserved clients.

Suggested Citation

  • Massie Jessica & Tebbutt Caz & Atkinson Adele & Boateng Yaa Asamoah, 2024. "Towards Better Data for Better Development Outcomes: A “lean” DFL survey tool to measure digital and financial literacy globally," International Review of Financial Consumers, Sciendo, vol. 9(2), pages 45-56.
    • Handle: RePEc:vrs:irfinc:v:9:y:2024:i:2:p:45-56:n:1004
    DOI: 10.2478/irfc-2024-0008
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    References listed on IDEAS

    as
    1. Mu'izzuddin & Taufik & Reza Ghasarma & Leonita Putri & Mohamad Adam, 2017. "Financial Literacy; Strategies and Concepts in Understanding the Financial Planning With Self-Efficacy Theory and Goal Setting Theory of Motivation Approach," International Journal of Economics and Financial Issues, Econjournals, vol. 7(4), pages 182-188.
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