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Knowledge of finance - a necessary condition for the development of the economy (in Russian)

Author

Listed:
  • Anastasiya Luzgina

    (Belarusian Economic Research and Outreach Center (BEROC))

Abstract

The economic development requires the establishment not only banking structures but other financial institutions. However,this process will be associated with problems as far as the households nowadays are insufficiently informed about the processes occurred in the economy as a whole and in the banking system in particular.At the same time, the quality of information is not always at a high level.It is necessary to speak about the improvement of the overall level of the households financial literacy.

Suggested Citation

  • Anastasiya Luzgina, 2011. "Knowledge of finance - a necessary condition for the development of the economy (in Russian)," BEROC Policy Paper Series 11, Belarusian Economic Research and Outreach Center (BEROC).
  • Handle: RePEc:bel:ppaper:11
    Note: in Russian
    as

    Download full text from publisher

    File URL: http://www.beroc.by/publications/policy_papers/pp11out/
    File Function: First version, 2011
    Download Restriction: no
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