Financial literacy is a core life skill for participating in modern society. Children are growing up in an increasingly complex world where they will eventually need to take charge of their own financial future.
PISA assessment of the financial literacy of students - In 2012, the OECD Programme for International Student Assessment (PISA) conducted the first financial literacy assessment of 15-year-old students in 18 countries and economies. The results of the financial literacy assessment were released in July 2014, providing a unique international benchmark on the level of financial literacy of young people.
APEC endorsement - Finance ministers at the 2012 Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting adopted a policy statement recognising the importance of financial education in schools and encouraging APEC members to make use of the OECD's High-level Principles on National Strategies for Financial Education, Guidelines for Financial Education in Schools and other methodologies and tools. The statement also encourages APEC economies to consider the participation in the Financial Literacy Measurement Programme for International Students Assessments (PISA) in 2015.
DOCUMENTS AND LINKS
For further information