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The Global Financial Crisis
The Global Financial Crisis

Stewart Fleming CV - The Academic Expert Directory
Stewart Fleming CV - The Academic Expert Directory

... Just a note with a few explanations which I could incorporate in the above if you wish but might be best in a covering letter. My research at LSE has been on trans-Atlantic economic relations between 1976-80,but I am in the middle of negotiating a change to look at the history since 1999 of the Fina ...
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... 3. The time value of money: without recognizing the existence of the time value of money, it is impossible to understand the compound interest, which allows investments to grow over time 4. Taxes affect personal finance decisions: because taxes help determine the realized return of an investment, th ...
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Financial literacy

Financial literacy is the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others. More specifically, it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. Raising interest in personal finance is now a focus of state-run programs in countries including Australia, Canada, Japan, the United States and the UK.The Organization for Economic Co-operation and Development (OECD) started an inter-governmental project in 2003 with the objective of providing ways to improve financial education and literacy standards through the development of common financial literacy principles. In March 2008, the OECD launched the International Gateway for Financial Education, which aims to serve as a clearinghouse for financial education programs, information and research worldwide. In the UK, the alternative term “financial capability” is used by the state and its agencies: the Financial Services Authority (FSA) in the UK started a national strategy on financial capability in 2003. The US Government also established its Financial Literacy and Education Commission in 2003.
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