A Financial Literacy Measure: Gendering and Contextualising Financial Technicalities
Palavras-chave:
financial literacy, financial literacy measure, gender inequality, irrationality, financial crisis, Conocimientos financieros, estudio de conocimientos financieros, desigualdad de género, irracionalidad, crisis financieraResumo
This article analyses the relationship between law, gender, and finance, with a particular focus on gender inequalities in the financial literacy measure which was constructed by the Organisation for Economic Cooperation and Development (OECD). It seeks to trouble predominant claims about financial literacy as an effective, ‘edu-regulatory’ policy to address gender inequalities in the financial services market. The article suggests that instead of acting as a neutral assessment of people’s financial literacy, the measure, in fact, embodies gendered assumptions about finance and financial practices. The measure presents a financial world in abstract terms and fails to account for different contexts within which financial decisions are made. The article exposes the measure’s problematic deployment of the literacy/illiteracy binary in thinking about financial gender inequalities. Rather than being attentive to the ways in which gender inequalities are produced in financial markets, the OECD measure misattributes these to irrational financial behaviour, and further reproduces the marginalisation of women in the global financial market.
Este artículo analiza la relación entre derecho, género y finanzas, realizando un enfoque particular en las desigualdades de género existentes en el estudio sobre los conocimientos financieros que elaboró la Organización para la Cooperación y el Desarrollo Económico (OCDE). Busca contrastar las afirmaciones dominantes sobre los conocimientos financieros como una política efectiva, “edu-reguladora” para abordar las desigualdades de género en el mercado de servicios financieros. El artículo sugiere que, en lugar de realizar una evaluación neutral de los conocimientos financieros de las personas, la medida plasma asunciones de género sobre las finanzas y las prácticas financieras. El estudio presenta un mundo financiero en términos abstractos y no tiene en cuenta los diferentes contextos en los que se toman las decisiones financieras. El artículo plantea el uso problemático que el estudio realiza del binomio conocimiento/desconocimiento al pensar sobre desigualdades de género financieras. En lugar de prestar atención a cómo se producen las desigualdades de género en los mercados financieros, el estudio de la OCDE las atribuye erróneamente a un comportamiento financiero irracional, y reproduce así la marginalización de las mujeres en el mundo financiero.
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