TY - BOOK ID - 134623757 TI - Financial Literacy around the World : An Overview of the Evidence with Practical Suggestions for the Way Forward AU - Xu, Lisa AU - Zia, Bilal PY - 2012 PB - Washington, D.C., The World Bank, DB - UniCat KW - Access & Equity in Basic Education KW - Access to Finance KW - Business Training KW - Education for All KW - Finance and Financial Sector Development KW - Financial Capability KW - Financial Literacy KW - Primary Education KW - Private Sector Development KW - Randomized Evaluation UR - https://www.unicat.be/uniCat?func=search&query=sysid:134623757 AB - Financial literacy programs are fast becoming a key ingredient in financial policy reform worldwide. Yet, what is financial literacy exactly and what do we know of its effectiveness? This paper collects insights from the literature thus far and summarizes global evidence on financial literacy, its correlates, and existing and upcoming causal investigations. The authors conclude with a synthesis of policy advice and practical suggestions for the way forward in this fast growing area of research. ER -