Financial Literacy Education

More about the book

Focusing on consumer financial education, the book critiques the prevailing belief that improving financial literacy can effectively combat financial exclusion and poverty. It introduces innovative frameworks such as 'edu-regulation' and 'financial knowledge democratisation' to reveal the limitations of relying solely on information and education for consumer protection. By examining the socio-economic, political, and cultural contexts influencing financial behavior, it highlights the oversimplification of financial decision-making in response to global calls for enhanced financial education.