FINANCIAL LITERACY AND RETAIL BANKING SERVICES: POPULARIZATION AND IMPACT

Authors

  • Khudayarova Khurshida Abdunazarovna Tashkent State University of Economics

Keywords:

financial literacy, financial resources, factors, attitude, knowledge, skills.

Abstract

This article presents various definitions of financial literacy by different scholars, explores the influencing factors, and provides recommendations on improving financial literacy in Uzbekistan based on international experience.

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References

Decree of the President of the Republic of Uzbekistan Shavkat Mirziyoyev "On Measures for the Further Development of the Capital Market", April 13, 2021. www.lex.uz

Decree of the President of the Republic of Uzbekistan No. PF-5992 dated May 12, 2020, "On the Strategy for Reforming the Banking System of the Republic of Uzbekistan for 2020–2025". www.lex.uz

Lusardi, A & Mitchell, "The Economic Importance of Financial Literacy: Theory and Evidence", Journal of Economic Literature, Vol. 52, No. 1, pp. 5–44, 2014.

Schwab, C, Iannicola Jr, D, Beck, T, Hira, T, Bryant, JH, Parker, J, Levine, L & Dawson, C, 2009, President’s Advisory Council on Financial Literacy, 13455, The Department of the Treasury, Washington, August 20, 2020.

Remund, DL, 2010, "Financial Literacy Explicated: The Case for a Clearer Definition in an Increasingly Complex Economy", Journal of Consumer Affairs, Vol. 44, No. 2, pp. 276–295. Huston, "Measuring Financial Literacy", Journal of Consumer Affairs, Vol. 44, No. 2, pp. 296–316, 2010.

Stewart, "Canadians and Their Money: Building a Brighter Financial Future: Report of Recommendations on Financial Literacy", Department of Finance Canada, 2010.

Organisation for Economic Co-operation and Development (OECD), 2017.

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Published

2025-06-10

How to Cite

Khudayarova Khurshida Abdunazarovna. (2025). FINANCIAL LITERACY AND RETAIL BANKING SERVICES: POPULARIZATION AND IMPACT. Journal of Applied Science and Social Science, 15(06), 106–114. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/1204

Issue

Vol. 15 No. 06 (2025): Volume 15 Issue 06

Section

Articles

License

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