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Field of Research : Comparative Economic Systems
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    Discovery Projects - Grant ID: DP0878812

    Funder
    Australian Research Council
    Funding Amount
    $155,000.00
    Summary
    Developing Aboriginal Social Capital for participants not spectators in the Australian economy. If a sector of Indigenous Australians can be taught to understand financial management, resource budgeting and financial planning (personal attributes that Western society values, yet often takes for granted); it is anticipated that they will in turn seek to improve their social position and look at wealth creation to reduce their dependence in a welfare culture. These people can be educated and encou .... Developing Aboriginal Social Capital for participants not spectators in the Australian economy. If a sector of Indigenous Australians can be taught to understand financial management, resource budgeting and financial planning (personal attributes that Western society values, yet often takes for granted); it is anticipated that they will in turn seek to improve their social position and look at wealth creation to reduce their dependence in a welfare culture. These people can be educated and encouraged to be active participants within the wider Australian economy, the national and community benefit will be the development of independent citizens and the creation of social capital that is financial knowledge.
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