Masters Degrees (Social Work)

Permanent URI for this collection

https://scholar.sun.ac.za/handle/10019.1/671

Browse

Browsing Masters Degrees (Social Work) by Subject "Africa, Southern -- Economic conditions"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    The perceptions of social workers on the role of financial literacy education in facilitating social development
    (Stellenbosch : Stellenbosch University, 2020-12) Jordaan, Adriaan; Engelbrecht, Lambert Karel; Stellenbosch University. Faculty of Arts and Social Sciences. Dept. of Social Work.
    ENGLISH ABSTRACT: Poverty is a rife socio-economic problem plaguing South Africa. As a point of departure, the study aimed to contextualise South African poverty against the global arena to elucidate the need for an increase in poverty alleviation initiatives.The study investigated the perceptions of social lworkers on the role of financial literacy education as a potential vehicle for poverty alleviation initiatives within South Africa’s social welfare paradigm, as studies conducted in countries with similar socio-economic circumstances have shown that financial literacy education can be effective as a vehicle aimed at poverty alleviation and social development.There has been a lack of local studies that have investigated financial literacy education and as such, the study was undertaken to grow the knowledge basis associated with themes of financial literacy education.The study was qualitative in nature and made use of semi-structured interviews with a main focus on open-and closed questions. Eighteen participants were utilised in the research process and the results indicated tha tfinancial literacy education was viewed as a powerful tool that could assist in poverty alleviation and social developmental initiatives. There was indicated that, in order for financial literacy education initiatives to be successful, multiple role-players would need to be involved in the process, and other challenges associated with poor socio-economic circumstances would need to be addressed in tandem with the stimulation of financial knowledge and skills.Finally, various recommendations are presented to social workers, social work organisations, and social work policy formulators based on the conclusions that were drawn.