Template-Type: ReDIF-Article 1.0 Author-Name: Ryzhanovskaya Lyudmila Yu. Author-Email: lryzhanovskaya@mail.ru Author-Workplace-Name: Financial Research Institute; Budget and Treasury Academy of the Ministry of Finance of the Russian Federation Title: Financial Literacy Seen as Part of the Human Capital and a Factor Contributing to the Social and Economic Development Abstract: The article author describes a methodology to be used to assess the degree of importance, efficiency and topicality of the state-run program that aims at promoting public financial literacy and developing programs of study in financial literacy that is seen as part of the human capital. It is necessary to use a scientific approach to assessing the efficiency of the investment made by the state into the public financial literacy promotion program development as the state-run program aimed at educating the public about the new personal finance management market-oriented rules is nation-wide. Classification-JEL: A29 Keywords: human capital, financial literacy, innovation-based society, competences, financial behavior, personal finance Journal: Finansovyj žhurnal — Financial Journal Pages: 151-158 Issue: 4 Year: 2010 Month: October File-URL: http://finjournal-nifi.ru/images/FILES/Journal/Archive/2010/4/statii/100416.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:100416:p:151-158