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Financial Literacy and Ageing in Developing Economies

Kshipra Jain
€179.80
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Age Security
Age Wellbeing
Ageing
ASIC
Author_Kshipra Jain
Basic Financial Literacy
CASP
Category=KCM
Category=KFCM
Category=KFFP
Category=KJC
Category=KJS
CFL
eq_bestseller
eq_business-finance-law
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eq_isMigrated=2
eq_nobargain
eq_non-fiction
financial decision-making older adults
financial education
Financial Illiteracy
Financial Inclusion
Financial literacy
Financial Literacy Level
Financial Literacy Measurement
Financial Literacy Programs
Financial Literacy Score
Financial Self-efficacy
gerontological economics
Healthcare
India
IRDA
measurement tools financial skills
OAS Program
Old age planning
policy evaluation ageing
Primary Survey
RBI
retirement planning strategies
Savings behaviour
savings behaviour analysis
SCL
SEBI
Secured Old age
Site Selection
Social Security Measures
socioeconomic determinants
Wealth Accumulation
WHOQOL
WHOQOL BREF Instrument

Product details

  • ISBN 9781032305134
  • Weight: 420g
  • Dimensions: 156 x 234mm
  • Publication Date: 09 May 2023
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Description

This book weaves together current understanding around financial literacy and ageing, arguing for the relevance of financial literacy for old age security. Building upon on the experiences of ten developing Asian economies with a focus on India, the book enters new territory by developing frameworks that identify predictors of financial literacy and a mechanism for its internalization, as well as recognising the need for specialized training programs for the older population in order to establish a link between financial literacy and old age security.

It thus makes a case about the centrality of financial literacy in creating an environment conducive to a dignified ageing experience in this world of shouldering one’s own responsibility. Going forward, the book comprehends financial literacy for India as a skill which enables an individual to decide the suitable avenues to invest savings, utilize monetary resources and shape financial decisions aligned with their financial goals, in accordance with the dynamic financial & economic environment.

This original volume is a first-time attempt to provide an in-depth account of financial literacy and its association with savings behavior, old age planning, wealth accumulation, healthcare and wellbeing in older age. It also provides a detailed account of various measurement tools used and policy initiatives undertaken across the globe for financial literacy.

It is an indispensable reference guide for scholars and researchers, cutting across multiple disciplines particularly financial and development economics, gerontology, demography, social work, psychology and public policy.

About Kshipra Jain

Kshipra Jain is Assistant Professor of Economics in the Department of Economics, University of Rajasthan, India.

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