Financial crises put stress on the society of the country of our investigation, whose financial vulnerability is raising from high indebtedness, a history of defaulted loans, and an insufficient level of financial literacy. In this context, financial awareness has been recognised as a means for decreasing households' exposure to financial difficulties, bridging crisis periods with the substantial precautionary holding of liquid assets, and improving their well-being over longer periods of time. Raising financial awareness is a crucial policy aim, and has been investigated in this study as well. A questionnaire survey was completed by Hungarian university students across different majors, to assess the financial literacy level of the responders from their own perspective. In addition to this, we have investigated their e-banking habits. According to our findings, different student groups (clusters) have been identified by means of Ward analysis (where the significance of clusters were tested by ANOVA). Our results confirm that across all clusters the university students place their trust in non-governmental organisations and central bank foundations rather than those of the financial institutions in evolving financial literacy. This outcome of our study may provide an argument for designing policy incentives for raising financial awareness in an institutionalised way, relying on the role of the privately funded NGOs and on the central bank.
This research focuses on an analytical review of the scientific literature to select appropriate methods and evaluate the impact of financial technologies on economic growth. Since non-cash payments can be affected by various factors, there is a great variety of studies relating to them in the scientific literature. However, existing scientific papers reflecting on the economic growth and noncash payments do not determine the cause-effect relationship trends in different periods. Current study intends to fill this gap. Using an original method based on correlation analysis, the relationship of indicators in different periods is calculated with the use of the SPSS software. The data is collected for period of 2004-2019, during which the reviewed countries were actively developing and increasing their financial and technological capacities. Analysis results largely indicate an increase in the number of bank branches in many of the reviewed countries. Further, we
This paper is a summary of the scientific research project entitled “Building New Rural Areas and Its Impacts on Sustainable Rural Development in Vietnam”. Besides using a methodology based on quantitative and qualitative datasets, we gathered the literature review of rural development studies and practical frameworks of rural development programmes (RDPs). We made statistical analyses for the National Target Programme for Building New Rural Areas between 2011 and 2015 in Vietnam by an on-site empirical survey in a community in Vietnam. Our conclusion is that RDPs should specify the difficulties for each rural area in the process of decision-making for development planning, and should frequently classify difficulties during implementation for the decentralized administration of implementation from central offices to local authorities in order to set up priorities for each rural area.
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