Technology-mediated financial education in developing countries: a systematic literature review
AbstractFinancial education mediated by technology has the potential to reduce disparities in financial literacy in developing countries. Technology-mediated financial education provides numerous advantages, such as scalability, cost-effectiveness, adaptability and the capacity to reach underserved...
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2024-12-01
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Series: | Cogent Business & Management |
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Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2023.2294879 |
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author | Abebe Walle Menberu |
author_facet | Abebe Walle Menberu |
author_sort | Abebe Walle Menberu |
collection | DOAJ |
description | AbstractFinancial education mediated by technology has the potential to reduce disparities in financial literacy in developing countries. Technology-mediated financial education provides numerous advantages, such as scalability, cost-effectiveness, adaptability and the capacity to reach underserved populations. Nevertheless, it is important to acknowledge the existence of certain obstacles in this context. These challenges encompass issues such as insufficient infrastructure, disparities in access, language and cultural barriers, as well as the exclusion of marginalized communities. This research article critically examines the existing body of literature on Technology mediated financial education in developing countries and highlights three significant domains that warrant further investigation: comprehensive evaluations of long-term effects, comparative analyses of different delivery approaches and the development of inclusive research methodologies. The research also provides suggestions for policymakers, educators and practitioners, which encompass investing in digital infrastructure, engaging in collaborative efforts with stakeholders, designing customized interventions and implementing comprehensive monitoring and evaluation frameworks. |
first_indexed | 2024-03-08T05:20:21Z |
format | Article |
id | doaj.art-c61d96a3e5544d41a923e7a793fef88a |
institution | Directory Open Access Journal |
issn | 2331-1975 |
language | English |
last_indexed | 2024-03-08T05:20:21Z |
publishDate | 2024-12-01 |
publisher | Taylor & Francis Group |
record_format | Article |
series | Cogent Business & Management |
spelling | doaj.art-c61d96a3e5544d41a923e7a793fef88a2024-02-06T13:16:09ZengTaylor & Francis GroupCogent Business & Management2331-19752024-12-0111110.1080/23311975.2023.2294879Technology-mediated financial education in developing countries: a systematic literature reviewAbebe Walle Menberu0Accounting and Finance, Bahir Dar University, EthiopiaAbstractFinancial education mediated by technology has the potential to reduce disparities in financial literacy in developing countries. Technology-mediated financial education provides numerous advantages, such as scalability, cost-effectiveness, adaptability and the capacity to reach underserved populations. Nevertheless, it is important to acknowledge the existence of certain obstacles in this context. These challenges encompass issues such as insufficient infrastructure, disparities in access, language and cultural barriers, as well as the exclusion of marginalized communities. This research article critically examines the existing body of literature on Technology mediated financial education in developing countries and highlights three significant domains that warrant further investigation: comprehensive evaluations of long-term effects, comparative analyses of different delivery approaches and the development of inclusive research methodologies. The research also provides suggestions for policymakers, educators and practitioners, which encompass investing in digital infrastructure, engaging in collaborative efforts with stakeholders, designing customized interventions and implementing comprehensive monitoring and evaluation frameworks.https://www.tandfonline.com/doi/10.1080/23311975.2023.2294879Financial literacytechnology-mediated financial educationdeveloping countriesDavid McMillan, Bahir Dar University, Accounting and Finance EthiopiaEconomics; Finance; Business, Management and Accounting |
spellingShingle | Abebe Walle Menberu Technology-mediated financial education in developing countries: a systematic literature review Cogent Business & Management Financial literacy technology-mediated financial education developing countries David McMillan, Bahir Dar University, Accounting and Finance Ethiopia Economics; Finance; Business, Management and Accounting |
title | Technology-mediated financial education in developing countries: a systematic literature review |
title_full | Technology-mediated financial education in developing countries: a systematic literature review |
title_fullStr | Technology-mediated financial education in developing countries: a systematic literature review |
title_full_unstemmed | Technology-mediated financial education in developing countries: a systematic literature review |
title_short | Technology-mediated financial education in developing countries: a systematic literature review |
title_sort | technology mediated financial education in developing countries a systematic literature review |
topic | Financial literacy technology-mediated financial education developing countries David McMillan, Bahir Dar University, Accounting and Finance Ethiopia Economics; Finance; Business, Management and Accounting |
url | https://www.tandfonline.com/doi/10.1080/23311975.2023.2294879 |
work_keys_str_mv | AT abebewallemenberu technologymediatedfinancialeducationindevelopingcountriesasystematicliteraturereview |