International Handbook of Financial Literacy

This Handbook presents in-depth research conducted on a myriad of issues within the field of financial literacy. Split into six sections, it starts by presenting prevalent conceptions of financial literacy before covering financial literacy in the policy context, the state and development of financial literacy within different countries, issues of assessment and evaluation of financial literacy, approaches to teaching financial literacy, and teacher training and teacher education in financial literacy. In doing so, it provides precise definitions of the construct of financial literacy and elaborates on the state and recent developments of financial literacy around the world, to show ways of measuring and fostering financial literacy and to give hints towards necessary and successful teacher trainings. The book also embraces the diversity in the field by revealing contrasting and conflicting views that cannot be bridged, while at the same time making a contribution by re-joining existing materials in one volume which can be used in academic discourse, in research-workshops, in university lectures and in the definition of program initiatives within the wider field of financial literacy. It allows for a landscape of financial literacy to be depicted which would foster the implementation of learning opportunities for human beings for sake of well-being within financial living-conditions. The Handbook is useful to academics and students of the topic, professionals in the sector of investment and banking, and for every person responsible for managing his or her financial affairs in everyday life.

Dr. Carmela Aprea is Professor of Business and Economics Education at the Friedrich-Schiller-University in Jena, Germany. She is a member of the OECD International Network on Financial Education Research Committee. Her main research interests include financial literacy assessment and education, curriculum and learning research as well as teacher education and professional development in the domain of business and economics.

Dr. Eveline Wuttke is Professor of Economic and Business Education at the Goethe University in Frankfurt, Germany. She is a member of various international research associations. Her main research interests are in teacher education, professional development of teachers, competence measurement, problem solving and financial literacy. 

Dr. Klaus Breuer is retired Professor of Business Education at the Johannes-Gutenberg University Mainz, Germany. He has been a Senior Professor in the Faculty of Economics and Business Administration at the Goethe University Frankfurt. He has served in the boards of the German Educational Research association (DGfE) as well as in the Word Education Research Association (WERA). His main research interests encompass educational technology as well as evaluation and assessment in vocational education.

Dr. Noi Keng Koh is a Senior Lecturer at the National Institute of Education, an institute of the Nanyang Technological University, Singapore. She is also the chair of the Citi-NIE Financial Literacy Hub for Teachers and is Advisor to the NTU Investment Interactive Club.

Dr. Peter Davies is Professor of Education Policy Research and Director of the Centre for Higher Education Equity and Access at the University of Birmingham, UK and affiliated professor at Stockholm University. His recent research has focused on financial literacy, variation theory and choices in education. 

Dr. Bettina Greimel-Fuhrmann is Professor of Business Education at the Vienna University of Economics and Business (WU), and represents WU as an affiliate member of OECD INFE. Her research foci comprise financial education and the measurement of various aspects of financial literacy. 

Dr. Jane S. Lopus is Emeritus Professor of Economics and Director of the Center for Economic Education at California State University East Bay. She is also a director of the Global Economic Education Alliance, which is dedicated to promoting economic and financial literacy throughout the world.