14 March 2018

The Effectiveness of Short-Term Financial Education Workshops in Rural Areas: The Case of Armenia

For policymakers, choosing the right format for financial education projects can be a challenge.

Classroom workshops are one of the most practical methods but doubts have been raised recently about how effective they are. A randomized control trial was conducted to assess the effectiveness of financial education classroom workshops in rural areas of Armenia, and the short-term results of that assessment are presented in this case study. Highlights of the case study include:
  • How classroom workshops improve short-term financial resilience, trust and preference for formal savings
  • Why financial education workshops are effective across age groups, and income and education levels
Download the case study to learn more about measuring the effectiveness of financial education workshops.
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