Financial Resilience

From Open Risk Manual
Revision as of 15:45, 31 March 2022 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Financial Resilience''' is the ability of individuals or households to resist, cope with and recover from negative shocks with financial consequences <ref>...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

Financial Resilience is the ability of individuals or households to resist, cope with and recover from negative shocks with financial consequences [1]


References

  1. G20/OECD-INFE Report on Supporting Financial Resilience and Transformation through Digital Financial Literacy