Publication: Enhancing Financial Capability and Behavior in Low- and Middle-Income Countries
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2014-01
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2014-09-11
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The Russia Trust Fund for Financial Literacy and Education was set up to support the advancement of financial literacy and capability in low- and middle-income countries. Established in 2008 with funding provided by the Ministry of Finance of the Russian Federation, the Trust Fund enabled the World Bank and the Organisation for Economic Co-operation and Development (OECD) to conduct methodological, analytical, and policy work on financial literacy, capability, and education. The program has supported work on the definition and measurement of financial capability, methods, and tools to understand the impact of financial capability programs; and field research on interventions designed to enhance financial capability. This volume presents the results of pilot projects financed by the Trust Fund. These include some truly pioneering research into new areas for financial capacity building, including the use of diaries to increase financial awareness, innovative methods for information provision, and new ways to deliver messages that encourage safer financial behavior, such as feature films, TV soap operas, and comic books. These methods open financial literacy to a much broader audience, and with potentially greater impact, than has been achieved through more conventional means.
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“Lundberg, Mattias; Mulaj, Florentina. Lundberg, Mattias; Mulaj, Florentina, editors. 2014. Enhancing Financial Capability and Behavior in Low- and Middle-Income Countries. © http://hdl.handle.net/10986/20085 License: CC BY 3.0 IGO.”
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