Promoting Financial Inclusion through Financial Education

Atkinson, Adèle; Messy, Flore-Anne

doi:10.1787/5k3xz6m88smp-en

Cited by 72 publications

(31 citation statements)

References 9 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The use of a common instrument designed to be applicable in countries at different stages of economic development and with all population groups makes it possible to compare results across countries and also explore patterns by socio-demographic factors. Data collected during the pilot study in 2010 have since been used to inform OECD/INFE policy and practical tools on a wide range of issues, including financial education for financial inclusion (Atkinson and Messy, 2013) and empowering women (Hung et al, 2012). The data also provided evidence of levels of financial literacy at a regional level in Europe and Asia (OECD, 2016a, Messy andMonticone, 2016).…”

mentioning

confidence: 99%

The willingness of orthopaedic trauma patients in Uganda to accept financial loans following injury

O’Hara

Odull

Potter

et al. 2019

OTA International: The Open Access Journal of Orthopaedic Trauma

View full text Add to dashboard Cite

This work is published under the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of OECD member countries. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law.

show abstract

mentioning

confidence: 99%

The willingness of orthopaedic trauma patients in Uganda to accept financial loans following injury

O’Hara

Odull

Potter

et al. 2019

OTA International: The Open Access Journal of Orthopaedic Trauma

View full text Add to dashboard Cite

show abstract

“…Financial literacy is the foundation of financial inclusion (Atkinson & Messy, 2013;Birochi & Pozzebon, 2016). The previous study also found that higher financial literacy leads to greater financial well-being and less financial concerns (Taft, Hosein, & Mehrizi, 2013).…”

Section: Financial Literacymentioning

confidence: 93%

“…According to the same report, Indonesia has the largest gap in active financial account holdings in which active account usage by those who live below the poverty line reached just 12% in 2015. Theoretically and empirically, financial literacy has become the stepping stone to financial inclusion (Atkinson & Messy, 2013;Birochi & Pozzebon, 2016). Therefore, the Indonesian government is currently contemplating important improvements in financial literacy in Indonesia and has made financial education and financial literacy a national campaign as the first pillar of the National Financial Master Plan in 2015-2019(Indonesian Financial Services, 2015.…”

Section: Introductionmentioning

confidence: 99%

Exploring the Motivation Toward and Perceived Usefulness of a Financial Education: Program Offered to Low-income Women in Indonesia

Hati¹

2017

ajce

View full text Add to dashboard Cite

A previous study demonstrated that low-income women tend to have lower financial literacy. This low level of financial literacy affects the manner in which they manage their daily finances, as well as their ability to save for long-term needs. Currently, the statistics show that financial literacy in Indonesia is relatively low. To support Indonesian government in improving financial literacy, especially among the most marginalized group -women of low income -Universitas Indonesia launched a community engagement initiative conducted in the form of financial literacy training targeted at low-income women working as street sweepers around the university. This study investigates the motivation toward and perceived usefulness of the financial education program to improve the financial literacy of low-income women working as street sweepers around Universitas Indonesia. A mixed research method is applied in the study. The data were collected from in-depth interviews and a mini survey conducted to 23 low-income female street sweepers who joined the 10 weeks financial education program. Both quantitative and qualitative data were analyzed to produce a comprehensive description of the participants' perceptions and attitudes toward the financial literacy program. The study demonstrates that the majority of low-income women have low motivation toward financial literacy education, and they also have a negative perception of the usefulness of such program. Thus, it is very important that all educators and trainers examine the characteristics of the trainees and assess the relevancy of the education program before they design certain community engagement program.

show abstract

“…Many of these reflect the general barriers to financial inclusion (Atkinson and Messy, 2013), but certain barriers are more pronounced, including a lack of documentation (Orozco and Jewers, 2014).…”

Section: Important Barriers To the Use Of Formal Financial Servicesmentioning

confidence: 99%

“…The 2013 OECD publication 'Promoting Financial Inclusion through Financial Education: OECD/INFE Evidence, Policies and Practice' is also an important component of the OECD work, stressing the fact that financial literacy skills not only facilitate financial inclusion, but are also vital 3 The OECD/INFE defines financial inclusion as follows 'Financial inclusion refers to the process of promoting affordable, timely and adequate access to a wide range of regulated financial products and services and broadening their use by all segments of society through the implementation of tailored existing and innovative approaches including financial awareness and education with a view to promote financial well-being as well as economic and social inclusion.' (Atkinson and Messy, 2013 for effective money management and long-term financial planning and that such behaviours can significantly improve financial wellbeing.…”

Section: Introductionmentioning

confidence: 99%