One important element of recent conceptualizations of the distinctive nature and challenges of retail transnational corporations (TNCs) is a focus on the mutual transformation of both the markets entered by the retail TNCs and, reciprocally, of the organizational structures of the firms...

Financial literacy has caught the attention of policy makers around the world. A major research program has been initiated by the World Bank aimed at mapping patterns of financial literacy in developed and developing economies. In this article, I explain the conceptual foundations of the...