Public Strategies of Financial Education Program Management: the Best Practices

Lyudmila V. Stakhovich (), Ekaterina V. Galishnikova () and Lyudmila Yu. Ryzhanovskaya ()
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Lyudmila V. Stakhovich: Financial Research Institute, Moscow 127006, Russia
Ekaterina V. Galishnikova: Financial Research Institute, Moscow 127006, Russia
Lyudmila Yu. Ryzhanovskaya: Financial Research Institute, Moscow 127006, Russia

Finansovyj žhurnal — Financial Journal, 2011, issue 2, 169-178

Abstract: The article authors examine the national strategies of public financial literacy level improvement using the examples of Australia, Great Britain, New Zealand, and the USA and identify the common properties and the differences between the strategies examined. They also look into the issue of public financing and management of such programs. Special attention is paid to the identification of channels used to gather information used in public education. The article authors suggest their own way to find a solution to the financial product evaluation issue.

Keywords: financial literacy; public policy; public strategy; state program; financial education; information channels; financial products (search for similar items in EconPapers)
JEL-codes: I22 I25 (search for similar items in EconPapers)
Date: 2011
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