This article presents a new way of looking at and measuring financial literacy. Financial education work to date has focused on managing money, yet the survey described here shows that this is the area where levels of capability are highest. At least half of the UK population needs reminding...

In 2008 the Ministry of Finance of the Russian Federation established a Trust Fund to be administered by the World Bank with the goal of advancing financial capability in low-and middle-income countries. This report documents the multiyear effort to develop measures of financial capability and...

This manual is designed to provide guidance to institutions, researchers, and survey firms on how to measure financial capability in middle, and low income countries using a new survey instrument that was developed and tested, from start to finish, in middle- and low-income countries. This new...