Financial Literacy in Bosnia and Herzegovina : Analytical Report

The survey on financial literacy among the citizens of Bosnia and Herzegovina was conducted within a larger project that aims at creating the Action Plan for Consumer Protection in Financial Services. The conclusion about the need for an Action Pla...

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Main Author:	Bagić, Dragan
Format:	Report
Language:	English English
Published:	World Bank, Washington, DC 2017
Subjects:	financial literacy financial management saving behavior lending products confidence financial institutions
Online Access:	http://documents.worldbank.org/curated/en/168471483500833521/Analytical-report http://hdl.handle.net/10986/25901

id	okr-10986-25901
recordtype	oai_dc
spelling	okr-10986-259012021-04-23T14:04:32Z Financial Literacy in Bosnia and Herzegovina : Analytical Report Bagić, Dragan financial literacy financial management saving behavior lending products confidence financial institutions The survey on financial literacy among the citizens of Bosnia and Herzegovina was conducted within a larger project that aims at creating the Action Plan for Consumer Protection in Financial Services. The conclusion about the need for an Action Plan was reached by the representatives of the World Bank, the Federal Ministry of Finance, the Central Bank of Bosnia and Herzegovina, private sector supervisory authorities and non-governmental organizations, based on the World Bank’s 2009-2010 Diagnostic Review in Bosnia and Herzegovina. The financial literacy survey, whose results are presented in this report, aims at establishing the basic situation with respect to financial literacy, serving on the one hand as a preparation for the educational activities plan, and on the other as a basis for measuring the efficiency of activities undertaken. The first section of the study deals with financial literacy and its various aspects. Based on these data, the Financial Literacy Index was derived (a single-dimension composite scale of financial knowledge and capability). Next sections deal with managing everyday financial choices (saving, covering shortages etc.) in the context of general household financial situation. Data collection was based on a random, nation-wide sample of citizens of Bosnia and Herzegovina aged 18 or older (N = 1036). 2017-01-24T17:24:55Z 2017-01-24T17:24:55Z 2011-06 Report http://documents.worldbank.org/curated/en/168471483500833521/Analytical-report http://hdl.handle.net/10986/25901 English en CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Financial Accountability Study Economic & Sector Work Europe and Central Asia Bosnia and Herzegovina
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English English
topic	financial literacy financial management saving behavior lending products confidence financial institutions
spellingShingle	financial literacy financial management saving behavior lending products confidence financial institutions Bagić, Dragan Financial Literacy in Bosnia and Herzegovina : Analytical Report
geographic_facet	Europe and Central Asia Bosnia and Herzegovina
description	The survey on financial literacy among the citizens of Bosnia and Herzegovina was conducted within a larger project that aims at creating the Action Plan for Consumer Protection in Financial Services. The conclusion about the need for an Action Plan was reached by the representatives of the World Bank, the Federal Ministry of Finance, the Central Bank of Bosnia and Herzegovina, private sector supervisory authorities and non-governmental organizations, based on the World Bank’s 2009-2010 Diagnostic Review in Bosnia and Herzegovina. The financial literacy survey, whose results are presented in this report, aims at establishing the basic situation with respect to financial literacy, serving on the one hand as a preparation for the educational activities plan, and on the other as a basis for measuring the efficiency of activities undertaken. The first section of the study deals with financial literacy and its various aspects. Based on these data, the Financial Literacy Index was derived (a single-dimension composite scale of financial knowledge and capability). Next sections deal with managing everyday financial choices (saving, covering shortages etc.) in the context of general household financial situation. Data collection was based on a random, nation-wide sample of citizens of Bosnia and Herzegovina aged 18 or older (N = 1036).
format	Report
author	Bagić, Dragan
author_facet	Bagić, Dragan
author_sort	Bagić, Dragan
title	Financial Literacy in Bosnia and Herzegovina : Analytical Report
title_short	Financial Literacy in Bosnia and Herzegovina : Analytical Report
title_full	Financial Literacy in Bosnia and Herzegovina : Analytical Report
title_fullStr	Financial Literacy in Bosnia and Herzegovina : Analytical Report
title_full_unstemmed	Financial Literacy in Bosnia and Herzegovina : Analytical Report
title_sort	financial literacy in bosnia and herzegovina : analytical report
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/168471483500833521/Analytical-report http://hdl.handle.net/10986/25901
_version_	1764460362821795840

Financial Literacy in Bosnia and Herzegovina : Analytical Report

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