Knowledge of finance - a necessary condition for the development of the economy (in Russian)

Anastasiya Luzgina ()
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Anastasiya Luzgina: Belarusian Economic Research and Outreach Center (BEROC)

No 11, BEROC Policy Paper Series from Belarusian Economic Research and Outreach Center (BEROC)

Abstract: The economic development requires the establishment not only banking structures but other financial institutions. However,this process will be associated with problems as far as the households nowadays are insufficiently informed about the processes occurred in the economy as a whole and in the banking system in particular.At the same time, the quality of information is not always at a high level.It is necessary to speak about the improvement of the overall level of the households financial literacy.

Keywords: Belarus; knowledge in finance; households; financial literacy (search for similar items in EconPapers)
Pages: 3 pages
Date: 2011-09
Note: in Russian
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Published in Bank Bulletin Magazine #25/534 September 2011 (Belarus), pages 58-60.

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