Poverty Reduction and Financial Literacy for Women in Indonesia

DOI

10.2991/aebmr.k.200301.013How to use a DOI?

Keywords

financial literacy, poverty, women’s economic participation

Abstract

This article aims to discuss financial literacy as an integral part of poverty alleviation programs through women’s economic participation. Financial literacy is a supporter in increasing economic participation. Financial literacy is a set of information that refers to an individual’s ability to effectively assess and decide the use and management of money. The method used in this study is a literature review of several articles related to the research topic as well as other report documents and relevant case studies. Economic participation is a medium for women in an effort to reduce poverty in the economic sector. Women have an important role in the poverty reduction agenda through economic participation. Women’s economic participation will not function properly without good financial literacy. In other words, financial literacy strongly supports women’s economic participation because in the knowledge of such participation, the use and management of finances is very much needed. In Indonesia, financial literacy has only reached 38%, and the level of community economic participation is demonstrated through the labor force participation rate of more or less 50%. However, women’s financial literacy is reportedly still low, reaching only 25%. This has implications for the achievement of women’s economic participation, which is also below the standard, only reaching 36.62%. Thus, financial literacy for women is an alternative public policy for poverty reduction programs.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Fina Dian Arini
AU  - Ambar Widaningrum
AU  - Agus Heruanto Hadna
PY  - 2020
DA  - 2020/03/04
TI  - Poverty Reduction and Financial Literacy for Women in Indonesia
BT  - Proceedings of the Annual Conference of Indonesian Association for Public Administration (IAPA 2019)
PB  - Atlantis Press
SP  - 241
EP  - 258
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200301.013
DO  - 10.2991/aebmr.k.200301.013
ID  - Arini2020
ER  -