Financial citizenship as a broader democratic context of financial literacy
Bibliographic Data
| ID | 13010072 |
|---|---|
| Authors | Medhat A Khalil (0000-0003-0385-6085, Royal Institute of Technology KTH, Sweden, corresponding author) |
| Year | 2020 |
| Volume | 20 |
| Issue | 1 |
| Pages | 3-16 |
| Publication date | 2020-08-28 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Citizenship Social and Economics Education (JOURNAL) |
| Journal identifiers | ISSN: 2047-1734 • E-ISSN: 2047-1734 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/2047173420948411 |
| OpenAlex | W3082193605 |
| Language | EN |
| Citations received | 4 |
| References cited | 21 |
Financial citizenship is crucial in our modern world. Financial citizenship is underpinned by the education of future generations so that they can understand both their local and global economies to make the best financial decisions concerning their lives. This paper discusses financial literacy, how it relates to individual citizens, and how it correlates with social, political and business spheres. According to current financial capability models, every individual’s financial well-being can be boosted by developing their financial knowledge and competency, which will improve their motivations and confidence. Societal constructs significantly create financial socialization, which increases our accessibility and engagements with institutions, businesses, political systems and society as a whole. Being educated about the details required for financial literacy is every human being’s right. Citizens have been characterized as being personally responsible, participatory or justice oriented; each person’s specific perspective can impact their financial lives, which supports the importance of the current concept of financial citizenship. Boosting global education about economic citizenship will help to reduce poverty, create more sustainable economic environments, and improve social outcomes and the life satisfaction of the world population. These concepts will be explored and discussed in this paper
Citizenship · Context (archaeology · Economics · Financial literacy · Political science · Politics · Public relations · Sociology · Financial Literacy, Pension, Retirement Analysis · Housing, Finance, and Neoliberalism · Finance
Austerity and health
The Economic Importance of Financial Literacy
Conceptually and Developmentally Appropriate Education for Financially Literate Global Citizens
Financial Literacy Education for Citizens
Integrative Economic Education to Combine Citizenship Education and Financial Literacy
Does financial literacy improve financial inclusion? Cross country evidence
Financial Socialization of First-year College Students
Optimal Financial Knowledge and Wealth Inequality
What Kind of Citizen? The Politics of Educating for Democracy
Liberal and Conservative Representations of the Good Society
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,8 |
| Citation span | 2021 - 2026 (6) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 4 |