Eu Integration through Financial Literacy and Entrepreneurship

Ales Trunk and Valerij Dermol
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Ales Trunk: International School for Social and Business Studies, Slovenia
Valerij Dermol: International School for Social and Business Studies, Slovenia

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Abstract: In this paper we present the role of financial literacy and entrepreneurial intention in the EU integration. The purpose of paper is to discuss why financial and entrepreneurship education is necessary. Financial and entrepreneurship education aim at empowering all children and youth, particularly those who are vulnerable and marginalized, by increasing their financial and entrepreneurial capability, enhancing their awareness of social and economic rights and improving their equal access to appropriate financial services so as to build their assets and invest in their own futures. Only by working together – citizens from every EU Member State and their representatives in the EU institutions – we can make the best use of the potentials that a unified Europe offers in order to face, side by side, common challenges posed by today’s globalised societies. Explaining financial and entrepreneurship education and their impact on EU citizens, will contribute to the creation of an informed and responsible new generation of EU citizens. In the research part of the paper we present the correlation between financial literacy and entrepreneurial intention.

Keywords: financial literacy; entrepreneurial intention; EU integration; globalization; society; knowledge; education (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:tkp:mklp15:2087-2092

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