agroprobПроблемы агрорынкаProblems of AgriMarket1817-728X2708-9991Казахский научно-исследовательский институт экономики агропромышленного комплекса и развития селаagroprob-121Research ArticleЭкономический механизм хозяйствованияThe economic mechanism of managementFINANCIAL LITERACY IN RURAL REGIONS OF KAZAKHSTAN: CHARACTERISTICS AND FACTORSGaisinaSHOLPANnoemail@neicon.ruFuchsCLEMENSnoemail@neicon.ruUniversity of Applied Science, Stralsund, GermanyKazakhstanUniversity of Applied Science, Neubrandenburg, GermanyKazakhstan2018180220210298109Copyright © Gaisina S., Fuchs C., 20212021Gaisina S., Fuchs C.Gaisina S., Fuchs C.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://www.jpra-kazniiapk.kz/jour/article/view/121

Большинство литературных источников по финансовой грамотности отражают развитие экономики развитых стран и незначительное количество исследований фокусируется на развивающихся и транзитных экономиках. Следуя опыту государств с развитой экономикой, в развивающихся странах стали уделять больше внимания этим проблемам, которые для сельской местности Казахстана являются важной составляющей экономического роста республики. Однако существующие программы нацелены в основном на городское население и зачастую охватывают лишь небольшую часть сельских жителей. Опрос проводился весной 2014 г. в четырех сельских районах Павлодарской области. В основу анализа и последующих разработок была положена информация о 405 респондентах. Анкетирование жителей сельской местности касалось вопросов процентной ставки, понимания процесса инфляции, сущности ипотеки, а также финансовых услуг.

Most literary sources on financial literacy reflect the economic development of the developed countries and a small number of studies focuses on developing and transit economies. Following the experience of the countries with advanced economies, developing countries began to pay more attention to these problems, which for the rural areas of Kazakhstan are an important component of economic growth of the republic. However, the existing programs focus mainly on the urban population and often cover only a small part of the rural population. The survey was conducted in the spring of 2014 in four rural areas of the Pavlodar region. The analysis and subsequent developments were based on information taken from 405 respondents. Survey of rural residents concerned the issues of interest rate, understanding of the inflation process, the essence of the mortgage, and financial services.

rural residentsfinancial literacyfinancial servicesbankstransit economyquestionnairesrespondentsауыл тұрғындарықаржылық сауаттылыққаржы қызметтерібанктертранзиттік экономикасауалнамаларреспонденттерфинансовая грамотностьфинансовые услугибанкитранзитная экономикаанкетированиереспондентысельские жителиReferencesBerry, Ch. (2004) To bank or not to bank? A survey of lowincome households. Joint Center for Housing Studies Working Paper BABC 04. Cambridge, MA: Harvard University.Berry, Ch. (2004) To bank or not to bank? A survey of lowincome households. Joint Center for Housing Studies Working Paper BABC 04. Cambridge, MA: Harvard University.Bhushan, P., and Medury, Y. (2013) Financial Literacy and its Determinants. International Journal of Engineering, Business and Enterprise Applications (IJEBEA) 13-145: 155-160.Bhushan, P., and Medury, Y. (2013) Financial Literacy and its Determinants. International Journal of Engineering, Business and Enterprise Applications (IJEBEA) 13-145: 155-160.Calvet, L. E., Campbell, J.Y., and Sodini, P. (2009) Measuring the financial sophistication of households. American Economic Review 99 (2): 393-398.Calvet, L. E., Campbell, J.Y., and Sodini, P. (2009) Measuring the financial sophistication of households. American Economic Review 99 (2): 393-398.Christelis, D., Jappelli, T. and Padula, M. (2010) Cognitive abilities and portfolio choice. European Economic Review 54: 18-38.- P.28.Christelis, D., Jappelli, T. and Padula, M. (2010) Cognitive abilities and portfolio choice. European Economic Review 54: 18-38.- P.28.Delavande , A., Rohwedder, S. and Willis R. J. (2008) Preparation for Retirement, Financial Literacy and Cognitive Resources. Working Paper No. 2008-190, Ann Arbor: Michigan Retirement Research Center, University of Michigan.- P. 2.Delavande , A., Rohwedder, S. and Willis R. J. (2008) Preparation for Retirement, Financial Literacy and Cognitive Resources. Working Paper No. 2008-190, Ann Arbor: Michigan Retirement Research Center, University of Michigan.- P. 2.Fileccia T., Jumabayeva A. and Nazhmidenov K. (2010) Executive summary, Highlights on four livestock subsectors in Kazakhstan, retrieved from http://www.fao.org/ fileadmin/user_upload/tci/docs/LH1-Executive%20 Summary.pdfFileccia T., Jumabayeva A. and Nazhmidenov K. (2010) Executive summary, Highlights on four livestock subsectors in Kazakhstan, retrieved from http://www.fao.org/ fileadmin/user_upload/tci/docs/LH1-Executive%20 Summary.pdfGaurav, S. and Singh, A. (2012) An Inquiry into the Financial Literacy and Cognitive Ability of Farmers: Evidence from Rural India. Oxford Development Studies 40, No. 3: 358-380.- P.360.Gaurav, S. and Singh, A. (2012) An Inquiry into the Financial Literacy and Cognitive Ability of Farmers: Evidence from Rural India. Oxford Development Studies 40, No. 3: 358-380.- P.360.Hira, K. T. (2012) Promoting sustainable financial behaviour: implications for education and research. International Journal of Consumer Studies 36: 502-507.Hira, K. T. (2012) Promoting sustainable financial behaviour: implications for education and research. International Journal of Consumer Studies 36: 502-507.Hogarth, J. M. (2006) Financial Education and Economic Development. Federal Reserve Board, USA. Paper prepared for “Improving Financial Literacy” International Conference host- ed by the Russian G8 Presidency in Cooperation with the OECD 29-30 November 2006.-P. 3.Hogarth, J. M. (2006) Financial Education and Economic Development. Federal Reserve Board, USA. Paper prepared for “Improving Financial Literacy” International Conference host- ed by the Russian G8 Presidency in Cooperation with the OECD 29-30 November 2006.-P. 3.Hogarth, J.M., Anguelov C.E. and Lee, J. (2005) Who Has a Bank Account? Exploring Changes, Over Time. 1989-2001. Journal of Family and Economic Issues 26(1): 7-30.-P.10.Hogarth, J.M., Anguelov C.E. and Lee, J. (2005) Who Has a Bank Account? Exploring Changes, Over Time. 1989-2001. Journal of Family and Economic Issues 26(1): 7-30.-P.10.Hogarth, J. M., Hilgert, M. A. and Schuchardt, J. (2002) Money managers: The good, the bad, and the lost. Proceedings of the Association for Financial Counseling and Planning Education.-P.12.Hogarth, J. M., Hilgert, M. A. and Schuchardt, J. (2002) Money managers: The good, the bad, and the lost. Proceedings of the Association for Financial Counseling and Planning Education.-P.12.Holzmann, R. (2010) Bringing Financial Literacy and Education to Low and Middle In- come Countries. October 2010, PRC WP2010-Holzmann, R. (2010) Bringing Financial Literacy and Education to Low and Middle In- come Countries. October 2010, PRC WP2010-Pension Research Council Working Paper Pension Research Council. The Wharton School, University of Pennsylvania.Pension Research Council Working Paper Pension Research Council. The Wharton School, University of Pennsylvania.Kempson, E. (2009) Framework for the Development of Financial Literacy Baseline Sur- veys: A First International Comparative Analysis. OECD Working Papers on Finance, Insurance and Private Pensions, No. 1, OECD Publishing.Kempson, E. (2009) Framework for the Development of Financial Literacy Baseline Sur- veys: A First International Comparative Analysis. OECD Working Papers on Finance, Insurance and Private Pensions, No. 1, OECD Publishing.Klapper, L., Lusardi A. and Panos, G. (2013) Financial literacy and its consequences: Evidence from Russia during the financial crisis. Journal of Banking & Finance 37: 3904-3923.Klapper, L., Lusardi A. and Panos, G. (2013) Financial literacy and its consequences: Evidence from Russia during the financial crisis. Journal of Banking & Finance 37: 3904-3923.Lusardi, A. and Mitchell, O.S. (2008) Planning and financial literacy: How do women fare?. American Economic Review: Papers & Proceedings 2008 98:2: 413-417Lusardi, A. and Mitchell, O.S. (2008) Planning and financial literacy: How do women fare?. American Economic Review: Papers & Proceedings 2008 98:2: 413-417Lusardi, A. and Mitchell, O.S. (2011) Financial literacy around the world: an overview. Journal of Pension Economics and Finance Volume 10, Issue 4: 497-508.-P.10.Lusardi, A. and Mitchell, O.S. (2011) Financial literacy around the world: an overview. Journal of Pension Economics and Finance Volume 10, Issue 4: 497-508.-P.10.Lusardi, A., Mitchell, O.S. and Curto, V. (2010) Financial Literacy among the Young. The Journal of Consumer Affairs Volume 44, Issue 2: 358-380.- P. 360.Lusardi, A., Mitchell, O.S. and Curto, V. (2010) Financial Literacy among the Young. The Journal of Consumer Affairs Volume 44, Issue 2: 358-380.- P. 360.Lusardi, A. and Tufano, P. (2009) Debt Literacy, Financial Experiences, and Over indebtedness. Working Paper 14808.Lusardi, A. and Tufano, P. (2009) Debt Literacy, Financial Experiences, and Over indebtedness. Working Paper 14808.Lusardi, A. and Mitchell, O.S. (2013) The Economic Importance of Financial Literacy: Theory and Evidence. NBER Working Paper 18952.Lusardi, A. and Mitchell, O.S. (2013) The Economic Importance of Financial Literacy: Theory and Evidence. NBER Working Paper 18952.Lyons, A.C., Mitchell, R., and Scherpf, E. (2007) What’s in a Score? Differences in Consumers’ Credit Knowledge Using OLS and Quantile Regressions. Journal of Consumer Af- fairs 41 (Winter): 223-249.Lyons, A.C., Mitchell, R., and Scherpf, E. (2007) What’s in a Score? Differences in Consumers’ Credit Knowledge Using OLS and Quantile Regressions. Journal of Consumer Af- fairs 41 (Winter): 223-249.Meier, S. and Sprenger, C. (2008) Dis- counting Financial Literacy: Time Preferences and Participation in Financial Education Pro- grams. Public Policy Discussion Papers, Federal Reserve Bank of Boston, No, 07-5.-P.2.Meier, S. and Sprenger, C. (2008) Dis- counting Financial Literacy: Time Preferences and Participation in Financial Education Pro- grams. Public Policy Discussion Papers, Federal Reserve Bank of Boston, No, 07-5.-P.2.Ministry of national economy of the Pepublic of Kazakhstan committee on statistics, www.stat.gov.kz, accessed on 16.07.2015.Ministry of national economy of the Pepublic of Kazakhstan committee on statistics, www.stat.gov.kz, accessed on 16.07.2015.Monticone, C. (2010) How Much Does Wealth Matter in the Acquisition of Financial Lit- eracy? Journal of Consumer Affairs 44, Issue 2: 403-422.-P.404.Monticone, C. (2010) How Much Does Wealth Matter in the Acquisition of Financial Lit- eracy? Journal of Consumer Affairs 44, Issue 2: 403-422.-P.404.OECD (2005) Improving Financial Liter- acy: Analysis of Issues and Policies. Financial Market Trends, 2005/2.OECD (2005) Improving Financial Liter- acy: Analysis of Issues and Policies. Financial Market Trends, 2005/2.OECD (2006) Improving Financial Liter- acy: Analysis of Issues and Policies. Financial Market Trends, 2005/2.OECD (2006) Improving Financial Liter- acy: Analysis of Issues and Policies. Financial Market Trends, 2005/2.OECD (2012) Supplementary Ques- tions: Optional Survey Questions for the OECD INFE Financial Literacy Core Questionnaire.OECD (2012) Supplementary Ques- tions: Optional Survey Questions for the OECD INFE Financial Literacy Core Questionnaire.Orton, L. (2007) Financial Literacy: Les- sons from International Experience. Canadian Policy Research Networks Inc.-P.8.Orton, L. (2007) Financial Literacy: Les- sons from International Experience. Canadian Policy Research Networks Inc.-P.8.PRI (Policy Research Initiative) (2004) Financial Capability and Poverty Discussion Pa- per. Prepared by Social and Enterprise Devel- opment Innovations for the PRI Project “New Approaches for Addressing Poverty and Exclu- sion.” Ottawa: PRI.PRI (Policy Research Initiative) (2004) Financial Capability and Poverty Discussion Pa- per. Prepared by Social and Enterprise Devel- opment Innovations for the PRI Project “New Approaches for Addressing Poverty and Exclu- sion.” Ottawa: PRI.RIOEA (2012), Report on CKDs, Re- search Institute of Organizational and Econom- ics of Agriculture, Almaty, Kazakhstan.RIOEA (2012), Report on CKDs, Re- search Institute of Organizational and Econom- ics of Agriculture, Almaty, Kazakhstan.Rooij, van M., Lusardi, A. and Alessie, R. (2011) Financial literacy and stock market participation. Journal of Financial Economics 101: 449-472.-P.468.Rooij, van M., Lusardi, A. and Alessie, R. (2011) Financial literacy and stock market participation. Journal of Financial Economics 101: 449-472.-P.468.Rutkowski, J. (2011) Promoting Formal Employment in Kazakhstan. Overview. World Bank, http://conference.iza.org/conference_files/ InfoETE2011/rutkowski_j1928.pdf.Rutkowski, J. (2011) Promoting Formal Employment in Kazakhstan. Overview. World Bank, http://conference.iza.org/conference_files/ InfoETE2011/rutkowski_j1928.pdf.West, J. (2012) Financial literacy educa- tion and behavior unhinged: combating bias and poor product design. International Journal of Consumer Studies 36: 523-530, p 523.West, J. (2012) Financial literacy educa- tion and behavior unhinged: combating bias and poor product design. International Journal of Consumer Studies 36: 523-530, p 523.Willis, L. E. (2008) Evidence and Ideolo- gy in Assessing the Effectiveness of Financial Literacy Education. Legal Studies Paper No. 2008-6.Willis, L. E. (2008) Evidence and Ideolo- gy in Assessing the Effectiveness of Financial Literacy Education. Legal Studies Paper No. 2008-6.Yespolov T.I., Johnson S.R., Suleimenov Zh.Zh., Kalna-Dubinyuk T. and Arynova A. (2012) Extension in Kazakhstan and the experience of the USA: lessons from a working national model, Xlibris Corporation, USA.-PP. 96-101.Yespolov T.I., Johnson S.R., Suleimenov Zh.Zh., Kalna-Dubinyuk T. and Arynova A. (2012) Extension in Kazakhstan and the experience of the USA: lessons from a working national model, Xlibris Corporation, USA.-PP. 96-101.

The authors declare that there are no conflicts of interest present.