Oksana Dudchyk|Iryna Matvijchuk|Mariia Kovinia|Tetiana Salnykova|Iryna Tubolets
Financial literacy in Ukraine: from micro to macro level
University of Customs and Finance|University of Customs and Finance|University of Customs and Finance|University of Customs and Finance|University of Customs and Finance
low financial literacy population hinders financial market development limits possibilities using savings investing creating additional capital country state level results inflation budget deficit creation decrease countrys gold foreign exchange reserves increase internal external government debt article analyzes approaches understanding concept financial literacy tools measuring comparing micro macro levels dynamics savings gold foreign currency reserves peculiarities financial literacy analysis dynamics structure revenues expenditures government budget population ukraine factors influencing financial literacy population systematized findings give idea creating optimal managerial influence based estimation financial literacy ukrainian population help specific statistical indicators expand possibilities influence regulate economic processes achieve financial stability state population study showed low financial literacy population state levels however micro level creating credit relations well income expenses savings effective macro level