Publication: Making Sense of Financial Capability Surveys around the World: A Review of Existing Financial Capability and Literacy Measurement Instruments
Date
2013-02
ISSN
Published
2013-02
Author(s)
World Bank
Abstract
This report will be particularly useful
for policy makers and regulators who prioritize financial
inclusion and/or financial literacy, or who are introducing
financial education strategies according to the high-level
principles developed by the organization for economic
cooperation and development international network for
financial education and recently endorsed by the G20
leaders. The review is intended to be a reference tool for
policy makers, practitioners, and researchers interested in
conducting a survey on these topics, and for those who need
to identify the appropriate combination of methods for
policy or research objectives. Chapter one examines how to
identify, compare, and contrast existing measurement
approaches in the area of financial literacy and capability,
and in the related areas of financial inclusion and
financial consumer protection. Chapter two discusses the
role that surveys can have in informing policy and research
in this area and provides examples of specific survey
objectives. Chapter three describes and compares the content
of the various instruments on financial capability,
financial inclusion, and financial consumer protection, and
provides examples of commonly used questions. Chapter four
describes the methods used for survey implementation, and
highlights technical issues that can affect data quality.
Finally, chapter five describes the analytical methods that
have been used to present the results and to construct
indicators. Detailed information about each study is
provided in standalone summaries in appendix B.
Citation
“World Bank. 2013. Making Sense of Financial Capability Surveys around the World : A Review of Existing Financial Capability and Literacy Measurement Instruments. © Washington, DC. http://openknowledge.worldbank.org/handle/10986/16251 License: CC BY 3.0 IGO.”