Youth Savings around the World - Youth Characteristics, Savings Performance, and Potential Impacts

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Title
Youth Savings around the World - Youth Characteristics, Savings Performance, and Potential Impacts
Author
Rainier Masa; Margaret Sherraden; Li Zou; Fred Ssewamala; Lissa Johnson; David Ansong; Gina Chowa; Michael Sherraden
Year
2010
Abstract
This research brief considers that while financial institutions, nonprofits, and governments have initiated youth savings products in many countries, youth savings has received relatively little scholarly attention. A key question about youth savings is the potential impact on youth development. The brief highlights the findings of several studies which suggest that youth are interested in participating in savings initiatives around the world, but acknowledges that the number of youth savings programs is relatively small and therefore does not permit conclusions about demand within disadvantaged youth populations.
Resource Subject
  • Youth Engagement
Keywords/Access Points
informal financial institutions; formal financial institutions; savings initiatives; systemic research; youth savings products; positive savings performance; asset accumulation;
Geographic Locations
  • Africa
Language
  • English
Demographic Groups
  • Youth
Special Collections
  • Knowledge Exchange Resources
Archival Record ID
MFA.2024.1528