Financial Capability and Inclusion in Haiti : Result of a Demand-Side Survey
Financial capability, as defined by the World Bank Group (WBG) in this report, is the capacity to act in one’s best financial interest, given socioeconomic and environmental conditions. Improving financial capabilities has become a priority for pol...
| Main Author: | |
|---|---|
| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/607661578039258981/Financial-Capability-and-Inclusion-in-Haiti-Result-of-a-Demand-Side-Survey http://hdl.handle.net/10986/33180 |
| Summary: | Financial capability, as defined by the
World Bank Group (WBG) in this report, is the capacity to
act in one’s best financial interest, given socioeconomic
and environmental conditions. Improving financial
capabilities has become a priority for policy makers seeking
to promote financial inclusion, financial stability, and the
smooth functioning of financial markets. In response to a
request from the Central Bank of Haiti (Banque Centrale de
la Republique d’Haiti) (BRH), the World Bank has conducted a
financial capability and inclusion survey. The BRH has
identified the low levels of financial capabilities and
financial inclusion as priority areas for reform. This
survey constitutes a key diagnostic tool that aims to guide
the authorities in developing a detailed implementation
action plan for improving financial capability and inclusion
levels. The report covers following main areas: chapter one
provides a brief overview of the methodology used and the
composition of the sample. Chapter two assesses the level of
financial inclusion in Haiti, including a more detailed look
at the uptake of individual products, and chapter three
assesses varies aspects of financial capability in Haiti.
Chapter four summarizes the findings and makes
recommendations for the development of an action plan for
financial education. |
|---|