The economy, society and financial education

Gamlath, Suresh (2011) The economy, society and financial education. VISTAS: Education, Economy and Community, 1 (1). pp. 26-35. ISSN 2047-7449

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Abstract

Against the backdrop of the recent financial crisis that began in 2007, this paper explores the relationship between financial education and socio-economic stability. The ensuing discussion portrays consumer-education as having a substantial role to play in the security of the financial system; it also examines the complex nature of financial literacy and its implication for policy. The conclusion presents a paradoxical relationship between economic stability and financial capability that highlights the challenges inherent in promoting it through education.

Item Type: Article
Additional Information: © University of West London 2011
Uncontrolled Keywords: financial capability; financial regulation; financial crisis; social and economic wellbeing; philosophical anthropology
Subjects: Education
Business and finance
Depositing User: Meried Belete
Date Deposited: 14 Feb 2017 15:53
Last Modified: 21 Mar 2017 09:30
URI: http://repository.uwl.ac.uk/id/eprint/3136

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