Showing 1 - 10 of 518
Crime and violence impede development and disproportionally impact poor people in many countries across the world. Though crime and violence represent serious problems in many countries, less-developed countries experience particular concentrations, especially those that are characterized by...
Persistent link: https://www.econbiz.de/10012644751
The relationship between violence and chronic poverty has been studied mostly in the context of war or long … shattering of infrastructure impacts the chance that poverty may remain chronic. A long-run perspective is gained by analyzing … chronically poor if the percentage of people in food poverty remains above the national average during two consecutive periods …
Persistent link: https://www.econbiz.de/10012246047
This paper investigates the immediate and medium-term behavioral response to an emotional trigger designed to affect biases in intertemporal financial decisions. The emotional trigger is provided by a narrative portraying the catastrophic consequences of poor financial choices. Even when people...
Persistent link: https://www.econbiz.de/10012058999
A meta-analysis of 126 impact evaluation studies finds that financial education significantly impacts financial behavior and, to an even larger extent, financial literacy. These results also hold for the subsample of randomized experiments (RCTs). However, intervention impacts are highly...
Persistent link: https://www.econbiz.de/10012245798
Financial capability, as defined by the World Bank and in this report, is the capacity to act in one's best financial interest, given socioeconomic and environmental conditions. It encompasses knowledge (literacy), attitudes, skills and behavior of consumers with respect to understanding,...
Persistent link: https://www.econbiz.de/10012644349
Consumer protection is an important element of financial sector stabilization and development agenda in Azerbaijan. The falling oil prices and weaker macroeconomic fundamentals on top of the negative external shocks have led to devaluation of the national currency and erosion of public trust in...
Persistent link: https://www.econbiz.de/10012644537
In response to a request of the Bangko Sentral ng Pilipinas (BSP) and as part of a broader engagement on enhancing financial consumer protection and education in the Philippines, the World Bank has implemented a financial capability survey. Financial inclusion, financial literacy and consumer...
Persistent link: https://www.econbiz.de/10012644841
Financial inclusion in Zambia has nearly doubled in the last ten years - from 21.3 percent in 2005 to 40.2 percent in 2016. This success was made possible by Zambia's Financial Sector Development Plan that concluded in 2015. And yet, when compared to other lower-middle income countries, Zambia...
Persistent link: https://www.econbiz.de/10012645056
This paper is centered on the complementary roles played by pension communication/information and financial literacy for a sustainable and equitable nonfinancial defined contribution (NDC) system at both the micro and macro socioeconomic level. The paper presents new evidence on: (i) the concern...
Persistent link: https://www.econbiz.de/10012646128
Financial capability, as defined by the World Bank Group (WBG) in this report, is the capacity to act in one's best financial interest, given socioeconomic and environmental conditions. Improving financial capabilities has become a priority for policy makers seeking to promote financial...
Persistent link: https://www.econbiz.de/10012646813