INCREASING PUBLIC AWARENESS OF FINANCIAL PRODUCTS AS A TOOL FOR ENSURING ECONOMIC GROWTH
DOI:
https://doi.org/10.5281/zenodo.17427292Abstract
Financial literacy is a crucial determinant of economic stability and growth, as it enables individuals to make
informed fnancial decisions, manage risks effectively, and engage with fnancial innovations. This article explores the
relationship between fnancial literacy and economic development, analyzing global trends and challenges with a particular
focus on Uzbekistan. The study examines fnancial literacy levels in both developed and developing countries, emphasizing
the role of fnancial education policies in enhancing fnancial awareness. Special attention is given to Canada's fnancial
literacy initiatives, which serve as a potential model for Uzbekistan. The fndings indicate that improving fnancial literacy
can strengthen economic resilience, mitigate fnancial fraud, and promote the adoption of digital fnancial tools.
Keywords
Financial literacy, economic growth, fnancial education, fnancial decision-making, digital transformation, fnancial policies, global trends.References
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