Abstract
Financial literacy entails the ability to discern financial choices, discuss money and financial issues without (or despite) discomfort, plan ahead, and respond competently to life events that affect everyday financial decisions, including events in the general economy. This chapter also looks at the objectives of financial literacy on the introduction of a financial literacy program at the University of the West Indies.
Financial Literacy is the gateway to Financial Independence
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
ANZ. 2009. ANZ-Retirement Commission 2009 Financial Knowledge Survey – Summary (2009).
Atkinson, Adele, and Flore-Anne Messy. 2013. Promoting Financial Inclusion through Financial Education. Working Paper, OECD/IBFE Evidence, Policies, Insurance, and Practice. https://www.wsbiesbg.org/SiteCollectionDocuments/OECD%20Promoting%20financial%20inclusion%20through%20financial%20education.pdf. Accessed 1 Sept 2015.
Central Bank of Barbados. 2009. Central Bank Announces Programme to Improve Financial Literacy Nationally. http://www.centralbank.org.bb/news/article/7515/central-bank-announces-programme-to-improve-financial-literacy-nationally. Accessed 2012.
Crossan, Diana, David Feslier, and Roger Hurnard. 2011. Financial Literacy and Retirement Planning in New Zealand. Journal of Pension Economics and Finance 10 (4): 619–635. https://doi.org/10.1017/S1474747211000515.
Gale, William G., and Ruth Levine. 2010. Financial Literacy: What Works? How Could It Be More Effective? http://ssrn.com/abstract=2316933. Accessed 1 Sept 2015.
Gallery, Gerry, and Natalie Gallery. 2010. Rethinking Financial Literacy in the Aftermath of the Global Financial Crisis. Griffith Law Review 19 (1): 30–50.
Guimaraes, Fernando. 2011. Financial Literacy An Overview. Pedia Press.
Jarrett, Earl. 2012. Address to the Commonwealth Consultation on Financial Inclusion and Literacy in the Caribbean Region, Port of Spain, Trinidad & Tobago. August 28–29.
Orton, Larry. 2007. Financial Literacy: Lessons from International Experience. Ottawa: Canadian Policy Research Networks Incorporated.
Persaud, Nadini, and Indeira Persaud. 2016. An Exploratory Study Examining Barbadian Students’ Knowledge and Awareness of Costs of University of the West Indies Education. International Journal of Higher Education 5 (2): 1–20.
Soverall, Wayne. 2012. CLICO’s Collapse: Poor Corporate Governance. American International Journal of Contemporary Research 2 (2): 166–178.
Spiranec, Sonja, Michaela Banek Zorica, and Gordana Stokic Simoncic. 2012. Libraries and Financial Literacy: Perspectives from Emerging Markets. Journal of Business and Finance Librarianship 17 (3): 262–278.
Taylor, Sharon, and Suzanne Wagland. 2011. Financial Literacy: A Review of Government Policy and Initiatives. Australasian Accounting Business and Finance Journal 5 (2): 101–125. http://ro.uow.edu.au/aabfj/vol5/iss2/7.
Widdowson, Doug, and Kim Hailwood. 2007. Financial Literacy and Its Role in Promoting a Sound Financial System. Reserve Bank of New Zealand Bulletin 70 (2): 37–57.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2018 The Author(s)
About this chapter
Cite this chapter
Sahadeo, C. (2018). A Review of Financial Literacy Initiatives in Selected Countries. In: Financial Literacy and Money Script. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-77075-8_1
Download citation
DOI: https://doi.org/10.1007/978-3-319-77075-8_1
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-77074-1
Online ISBN: 978-3-319-77075-8
eBook Packages: Economics and FinanceEconomics and Finance (R0)