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Promoting Better Lifetime Planning Through Financial Education

Editor

Listed:
  • Naoyuki Yoshino
    (Asian Development Bank Institute, Japan)

  • Flore-Anne Messy
    (Organisation for Economic Co-operation and Development, France)

  • Peter J Morgan
    (Asian Development Bank Institute, Japan)

Abstract

Surveys show that financial literacy levels are typically low around the world, despite the widening access to financial services and the increasing financial risks borne by households in many countries. This suggests that there will be mounting challenges for households and SMEs to invest wisely and effectively as societies age and governments shift away from defined benefit to defined contribution pension schemes. Individuals will increasingly have to make complex financial decisions to plan for their retirement and for a range of foreseen and unforeseen expenditures. All of these developments suggest that financial education should be part of a lifetime process that starts at an early age and is pursued throughout adulthood.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Naoyuki Yoshino & Flore-Anne Messy & Peter J Morgan (ed.), 2016. "Promoting Better Lifetime Planning Through Financial Education," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 9895, December.
    • Handle: RePEc:wsi:wsbook:9895
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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/9895
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    Citations

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    Cited by:

    1. Peter J. Morgan, 2022. "Central Banks And Financial Inclusion," Asia-Pacific Sustainable Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 29(1), pages 67-101, May.
    2. Yoshihiko Kadoya & Mostafa Saidur Rahim Khan, 2020. "Financial Literacy in Japan: New Evidence Using Financial Knowledge, Behavior, and Attitude," Sustainability, MDPI, vol. 12(9), pages 1-15, May.

    Book Chapters

    The following chapters of this book are listed in IDEAS

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