Financial Literacy: The Challenges of Objectives, Conceptualization and Measurement

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Prof. Robert Holzmann, the University of Vienna and the World Bank, presentation from the workshop launching the Financial Education Financial Literacy Program in the Russian Federation, Moscow, April 4, 2011

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Robert Holzmann University of Vienna & World Bank & IZA

Financial Literacy: The Challenges of Objectives,

Conceptualization, Measurement

Workshop on Financial Literacy and Consumer Protection

Moscow, April 4-5, 2011

Source: New Zealand - National Financial Literacy Strategy 2010

Figure 1: Financial Access/User Map: Percent of Households with an Account in a Financial Institution

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