Building a Financial Education Approach : A Starting Point for Financial Sector Authorities

While the importance of financial capability has been studied empirically, questions remain about program effectiveness, whether and how effectively these skills can be taught to consumers, and if financial education programs lead to sustained beha...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/883771629960132032/Building-a-Financial-Education-Approach-A-Starting-Point-for-Financial-Sector-Authorities-Financial-Inclusion-Support-Framework-Technical-Note
http://hdl.handle.net/10986/36212
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recordtype oai_dc
spelling okr-10986-362122021-08-31T05:10:43Z Building a Financial Education Approach : A Starting Point for Financial Sector Authorities World Bank FINANCIAL LITERACY FINANCIAL INCLUSION CONSUMER PROTECTION GENDER GAP FINANCIAL EDUCATION ACCOUNTABILITY TRANSPARENCY While the importance of financial capability has been studied empirically, questions remain about program effectiveness, whether and how effectively these skills can be taught to consumers, and if financial education programs lead to sustained behavioral changes that improve one’s financial wellness and inclusion. When studied analytically, the results of financial education have been mixed. The objective of this report is to help guide financial sector authorities to build a more effective approach to financial education. The report synthesizes available resources and complements existing knowledge about financial education. It also explores the appropriate role for financial sector authorities within financial education and outlines a practical approach for financial sector authorities who choose to develop financial education agendas or strategies. Lastly, the report provides an overview of the best tools and practices to improve the effectiveness of financial education initiatives. 2021-08-30T21:35:42Z 2021-08-30T21:35:42Z 2021-06-01 Report http://documents.worldbank.org/curated/undefined/883771629960132032/Building-a-Financial-Education-Approach-A-Starting-Point-for-Financial-Sector-Authorities-Financial-Inclusion-Support-Framework-Technical-Note http://hdl.handle.net/10986/36212 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Accountability Study Latin America & Caribbean Brazil
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic FINANCIAL LITERACY
FINANCIAL INCLUSION
CONSUMER PROTECTION
GENDER GAP
FINANCIAL EDUCATION
ACCOUNTABILITY
TRANSPARENCY
spellingShingle FINANCIAL LITERACY
FINANCIAL INCLUSION
CONSUMER PROTECTION
GENDER GAP
FINANCIAL EDUCATION
ACCOUNTABILITY
TRANSPARENCY
World Bank
Building a Financial Education Approach : A Starting Point for Financial Sector Authorities
geographic_facet Latin America & Caribbean
Brazil
description While the importance of financial capability has been studied empirically, questions remain about program effectiveness, whether and how effectively these skills can be taught to consumers, and if financial education programs lead to sustained behavioral changes that improve one’s financial wellness and inclusion. When studied analytically, the results of financial education have been mixed. The objective of this report is to help guide financial sector authorities to build a more effective approach to financial education. The report synthesizes available resources and complements existing knowledge about financial education. It also explores the appropriate role for financial sector authorities within financial education and outlines a practical approach for financial sector authorities who choose to develop financial education agendas or strategies. Lastly, the report provides an overview of the best tools and practices to improve the effectiveness of financial education initiatives.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Building a Financial Education Approach : A Starting Point for Financial Sector Authorities
title_short Building a Financial Education Approach : A Starting Point for Financial Sector Authorities
title_full Building a Financial Education Approach : A Starting Point for Financial Sector Authorities
title_fullStr Building a Financial Education Approach : A Starting Point for Financial Sector Authorities
title_full_unstemmed Building a Financial Education Approach : A Starting Point for Financial Sector Authorities
title_sort building a financial education approach : a starting point for financial sector authorities
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/883771629960132032/Building-a-Financial-Education-Approach-A-Starting-Point-for-Financial-Sector-Authorities-Financial-Inclusion-Support-Framework-Technical-Note
http://hdl.handle.net/10986/36212
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