The main objective of the World Bank work program is to develop measurement instruments and related operational guidance to support efforts to undertake financial capability assessments on a national level and among specific target populations in low and middle-income settings.
The work in this area is developing a new conceptual framework for defining financial capability and practical guidance on how to develop, design and implement a survey of financial capability in low and middle-income countries and how to analyze and present the results within a framework that can be used to produce internationally comparable results.
Lessons learned from a set of pilot countries will be used to inform the development of this guidance and to provide real world case studies of its application in the relevant environments.
The main outputs of this program will include:
- A survey questionnaire and related guidance for survey implementation
- A detailed report documenting the survey development process
- Micro data and methodological reports from the pilot countries
- Analysis of the survey results