The Status of Financial Education in Africa:
While the African situation displays disparities both within and between countries in terms of economic and human development, on average, many African countries have relatively low school enrolment ratios, highly informal labour markets, high poverty rates, as well as low financial inclusion and fi...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2012
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| Schriftenreihe: | OECD Working Papers on Finance, Insurance and Private Pensions
no.25 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | While the African situation displays disparities both within and between countries in terms of economic and human development, on average, many African countries have relatively low school enrolment ratios, highly informal labour markets, high poverty rates, as well as low financial inclusion and financial literacy levels. Against this backdrop, it is desirable to improve the level of financial literacy among the most vulnerable parts of the African population. Well-designed financial education initiatives can reduce demand-side barriers to more effective financial inclusion and can empower vulnerable individuals economically, so that they can better manage household resources and develop income generating activities. This report provides an overview of the status of financial education programmes developed in Africa, discusses their rationale, and offers initial guidance for policy makers. In recent years public authorities, as well as the non-profit and the private sector, engaged in the development of financial education programmes in several African countries. These programmes typically aim at improving financial knowledge and skills, raising awareness of financial issues, and improving financial inclusion. They usually target vulnerable groups, including low-income people, women, and youth, and sometimes deliver financial literacy training in combination with access to financial products. |
| Beschreibung: | 1 Online-Ressource (93 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5k94cqqx90wl-en |
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| spelling | Messy, Flore-Anne VerfasserIn aut The Status of Financial Education in Africa Flore-Anne, Messy and Chiara, Monticone = L'éducation financière en Afrique: états des lieux / Flore-Anne, Messy et Chiara, Monticone L'éducation financière en Afrique: états des lieux Paris OECD Publishing 2012 1 Online-Ressource (93 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Working Papers on Finance, Insurance and Private Pensions no.25 While the African situation displays disparities both within and between countries in terms of economic and human development, on average, many African countries have relatively low school enrolment ratios, highly informal labour markets, high poverty rates, as well as low financial inclusion and financial literacy levels. Against this backdrop, it is desirable to improve the level of financial literacy among the most vulnerable parts of the African population. Well-designed financial education initiatives can reduce demand-side barriers to more effective financial inclusion and can empower vulnerable individuals economically, so that they can better manage household resources and develop income generating activities. This report provides an overview of the status of financial education programmes developed in Africa, discusses their rationale, and offers initial guidance for policy makers. In recent years public authorities, as well as the non-profit and the private sector, engaged in the development of financial education programmes in several African countries. These programmes typically aim at improving financial knowledge and skills, raising awareness of financial issues, and improving financial inclusion. They usually target vulnerable groups, including low-income people, women, and youth, and sometimes deliver financial literacy training in combination with access to financial products. Finance and Investment Monticone, Chiara MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5k94cqqx90wl-en Volltext |
| spellingShingle | Messy, Flore-Anne The Status of Financial Education in Africa Finance and Investment |
| title | The Status of Financial Education in Africa |
| title_alt | L'éducation financière en Afrique: états des lieux |
| title_auth | The Status of Financial Education in Africa |
| title_exact_search | The Status of Financial Education in Africa |
| title_full | The Status of Financial Education in Africa Flore-Anne, Messy and Chiara, Monticone = L'éducation financière en Afrique: états des lieux / Flore-Anne, Messy et Chiara, Monticone |
| title_fullStr | The Status of Financial Education in Africa Flore-Anne, Messy and Chiara, Monticone = L'éducation financière en Afrique: états des lieux / Flore-Anne, Messy et Chiara, Monticone |
| title_full_unstemmed | The Status of Financial Education in Africa Flore-Anne, Messy and Chiara, Monticone = L'éducation financière en Afrique: états des lieux / Flore-Anne, Messy et Chiara, Monticone |
| title_short | The Status of Financial Education in Africa |
| title_sort | status of financial education in africa |
| topic | Finance and Investment |
| topic_facet | Finance and Investment |
| url | https://doi.org/10.1787/5k94cqqx90wl-en |
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