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Financial Education And Digitalization. The Case Of Romania

Author

Listed:
  • CIUMARA, Tudor

    (“Victor Slăvescu” Centre for Financial and Monetary Research, Romanian Academy, Bucharest.)

Abstract

This paper highlights the importance of financial education and digital literacy in the context of the digitization of the economy. Building on the theoretical grounds established in the literature we use relevant data and statistics from comprehensive studies on financial education, financial literacy and digitalization. We suggest that addressing the issue of insufficient financial knowledge and increasing digital financial literacy could have important implications for individual and societal well-being.

Suggested Citation

  • CIUMARA, Tudor, 2022. "Financial Education And Digitalization. The Case Of Romania," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 26(4), pages 65-76, December.
    • Handle: RePEc:vls:finstu:v:26:y:2022:i:4:p:65-76
    as

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    References listed on IDEAS

    as
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    6. Matthew Martin, 2007. "A literature review on the effectiveness of financial education," Working Paper 07-03, Federal Reserve Bank of Richmond.
    7. Panait, Iulian & Lupu, Iulia, 2009. "The Behavior Of The Bucharest Stock Exchange During The Current Financial Markets Crisis And Proposed Measures For Its Sustainable Development," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 1(1), pages 73-80.
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    More about this item

    Keywords

    financial literacy; financial system; technology; economic development;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • G50 - Financial Economics - - Household Finance - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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