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Financial exclusion and the importance of financial literacy

In: Research Handbook on Measuring Poverty and Deprivation

Author

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  • Mar'a José Roa
  • Alejandra Villegas

Abstract

The main aim of this chapter is to review cutting-edge research on the potential relationship between financial education and financial inclusion. To achieve this, we carry out a novel comprehensive review of the related literature. The relation between these two concepts has been studied mainly using national surveys and field experiments. From our review and discussion, we conclude that there is a positive relation between financial literacy and financial inclusion.

Suggested Citation

  • Mar'a José Roa & Alejandra Villegas, 2023. "Financial exclusion and the importance of financial literacy," Chapters, in: Jacques Silber (ed.), Research Handbook on Measuring Poverty and Deprivation, chapter 27, pages 283-297, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20574_27
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