The Impact of Business and Financial Literacy Training for Young Entrepreneurs in Bosnia-Herzogovina
Firms in developing countries are widely known to face many constraints, from lack of access to finance and physical capital to poor infrastructure. The course seems to have been particularly effective at promoting business growth for those entrepreneurs who exhibited higher levels of financial literacy at the baseline. Policymakers might therefore consider targeting business training resources towards existing firms, with an emphasis on particularly teachable behaviors.
Main Authors: | , |
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Language: | English |
Published: |
World Bank, Washington, DC
2011-05
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Subjects: | ACCOUNTING, ACCOUNTS, ADMINISTRATIVE DATA, BUSINESS DEVELOPMENT, BUSINESS GROWTH, BUSINESS SKILLS, BUSINESS TRAINING, EDUCATION PROGRAMS, FAVORABLE TERMS, FINANCIAL INSTITUTION, FINANCIAL KNOWLEDGE, FINANCIAL LITERACY, FINANCIAL LITERACY TRAINING, GOOD CREDIT, GOOD CREDIT HISTORY, LABOR FORCE, LITERACY EDUCATION, LOAN, LOAN DEFAULT, READING, SALES, TRAINING COURSE, TRAINING PROGRAM, TRAINING PROGRAMS, UNEMPLOYMENT, |
Online Access: | http://documents.worldbank.org/curated/en/2011/05/14928060/impact-business-financial-literacy-training-young-entrepreneurs-bosnia-herzogovina https://hdl.handle.net/10986/10096 |
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Summary: | Firms in developing countries are widely
known to face many constraints, from lack of access to
finance and physical capital to poor infrastructure. The
course seems to have been particularly effective at
promoting business growth for those entrepreneurs who
exhibited higher levels of financial literacy at the
baseline. Policymakers might therefore consider targeting
business training resources towards existing firms, with an
emphasis on particularly teachable behaviors. |
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