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Financial literacy development in the Republic of Moldova: perspectives and challenges

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dc.contributor.author Ciobu, Stela
dc.contributor.author Iordachi, Victoria
dc.date.accessioned 2020-12-22T09:37:54Z
dc.date.available 2020-12-22T09:37:54Z
dc.date.issued 2020
dc.identifier.uri http://irek.ase.md:80/xmlui/handle/1234567890/1015
dc.description CIOBU, Stela, IORDACHI, Victoria. Financial literacy development in the Republic of Moldova: perspectives and challenges = Dezvoltarea educației financiare în Republica Moldova: perspective și provocări. In: Competitivitatea şi inovarea în economia cunoaşterii [online]: culegere de articole ştiinţifice: conf. şt. intern., 25-26 sept. 2020. Chişinău: ASEM, 2020, pp. 622-634. e-ISBN 978-9975-75-985-4. en_US
dc.description.abstract In the Republic of Moldova, financial inclusion it is not sufficiently developed. Financial literacy is closely interconnected with financial inclusion of the population. Moreover, it is increasingly recognized that consumers of financial products and services need adequate financial literacy in order to make informed decisions about important financial matters. The main reasons for the low level of financial inclusion in Moldova should be attributed, first of all, to the low-income level of the population and lack of financial literacy on the one hand, and the rapid development of financial products on the other. Governments, development institutions, and economists are promoting a broad agenda of inclusion in economic and social life, including universal access to education, health care, social security, clean water, and sanitation. Financial literacy has become an important subject in the Republic Moldova as well and the objective of this article is to identify the ways of improving it in our country. JEL: I1, I22, I24, I280. en_US
dc.language.iso en en_US
dc.publisher ASEM en_US
dc.subject access to education en_US
dc.subject consumer protection en_US
dc.subject digital payments en_US
dc.subject financial inclusion en_US
dc.subject financial literacy en_US
dc.subject financial services en_US
dc.subject National Bank of Moldova en_US
dc.title Financial literacy development in the Republic of Moldova: perspectives and challenges en_US
dc.title.alternative Dezvoltarea educației financiare în Republica Moldova: perspective și provocări en_US
dc.type Article en_US


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