Teach financial literacy from kindergarten – Prof. Bokpin warns Ghana is reacting too late

“The traditional Western idea of a financial market is not for ignorant people, so there’s a saying in finance that every financial market participant ought to meet some minimum financial literacy standard.

He noted that participation in financial markets has always been based on the assumption that people possess a minimum level of financial knowledge.“So if we had that approach, then the idea is that, for instance, occasionally you may see Financial Literacy Week, maybe the regulator announcing and all of that.