Abstract

This chapter is to provide an overview of financial literacy in Asia, describe financial literacy education in Asian countries, and propose recommendations for policy makers. The chapter demonstrates that: 1) Financial literacy is an important factor contributing to consumer financial capability and wellbeing in Asia; 2) Financial literacy national strategies and education programs in Asian countries are beneficial for consumer wellbeing and economic developments; and 3) Public policies promoting financial literacy education can be compatible with the socio-economic development goals of Asian countries.

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