TF6  Social Cohesion and the Future of Welfare System
FINANCIAL INCLUSION: THE IMPORTANCE OF FINANCIAL LITERACY AND THE PROMOTION OF BETTER LABOUR MARKET OUTCOMES FOR WOMEN AND YOUTH

ABSTRACT

Young people can be the drivers of inclusive transformation. Nonetheless, with low levels of financial literacy and even lower employment opportunities, they are faced with severe challenges.

Young people and women must be encouraged to seize the opportunities of the digital age and the circular economy to actively participate in the financial sector. A financially aware and inclusive culture, which ensures access to financial products and services at both the local and the international level, must be promoted, leveraging the advantages of digitalisation.

AUTHORS

Benedetta Landi
EmpowerYourLife Think Tank of the Global Thinking Foundation

Njuguna Ndung’u
African Economic Research Consortium (AERC)

Dianah Ngui Muchai
African Economic Research Consortium (AERC)

Winnie Sambu
African Economic Research Consortium (AERC)

Claudia Segre
EmpowerYourLife Think Tank of the Global Thinking Foundation

Abebe Shimeles
African Economic Research Consortium (AERC)

Wilson Wasike
African Economic Research Consortium (AERC)

DOWNLOAD
PREVIEW