A comparative study of financial literacy, retirement planning and delinquency in payment: the Kazakhstan case Cover Image

A comparative study of financial literacy, retirement planning and delinquency in payment: the Kazakhstan case
A comparative study of financial literacy, retirement planning and delinquency in payment: the Kazakhstan case

Author(s): Maya KATENOVA, Sang HOON LEE
Subject(s): Economy, National Economy, Financial Markets
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: retirement planning; delinquency in payment; financial literacy; personal finance; Kazakhstan;

Summary/Abstract: Financial knowledge is assumed to help people in making good choices in their financial attitude and behaviour. Financial literacy, retirement planning and delinquency in payment were studied in different regions of Kazakhstan in both 2015 and 2019. Questionnaires were distributed among different groups of the population. Excluding invalid and unsuitable answers for the analysis, the total number of survey responses resulted was 830 for 2015 and 983 for 2019. The authors analyzed the responses to questions regarding financial attitude/behaviour such as Retirement Planning, Delinquency in payments, and the frequency of making Money Decisions.

  • Issue Year: 11/2020
  • Issue No: 1
  • Page Range: 273-292
  • Page Count: 20
  • Language: English