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 summarizes the findings of this project. The generous funding of the Russia Trust Fund (RTF) allowed for the application of a very rigorous research-based process...
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Document also available in :
English
DETAILS
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2013/06/01
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Working Paper
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79806
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1
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2013/07/30
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Disclosed
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Main report
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financial capability
Citation
Kempson,Helen Elaine; Perotti,Valeria; Scott,Katherine M..
Measuring financial capability : a new instrument and results from low-and middle-income countries (Vol. 1 of 2) : Main report (English). Financial Literacy and Education Russia Trust Fund Washington DC : World Bank. http://documents.worldbank.org/curated/en/391291468152086725