Japanese survey throws light on financial education problem

The Bank of Japan

Japan's Central Council for Financial Services Information, which includes the Bank of Japan (BoJ), is calling for better financial education in the country after a survey identified a range of issues and showed the country lags behind the US, UK and Germany in understanding financial matters.

The council conducted the country's first "large-scale" study of financial literacy, gathering results online from around 25,000 individuals aged 18–79, with some questions structured in order to be

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