Governments worldwide are establishing national strategies to address the financial literacy needs of their citizens. This study, by the OECD and Russia’s G20 presidency, monitors progress by the governments of the world’s major economies in implementing national strategies for improving financial education.
Understanding whether financial education works, how it works and the most appropriate methods for evaluating financial education programmes are key components of a successful national strategy for financial education.
English, PDF, 787kb
Prepared for the G20 Summit in Saint Petersburg, this report collects country evidence and lessons learnt in evaluating financial education programmes, suggests an overall framework to guide policy makers and financial educators when designing an evaluation study.
This database and book provide major official insurance statistics for all OECD countries including data on premiums collected, claims, commissions by type of insurance, investments by type of investment, and numbers of companies and employees.
English, PDF, 295kb
Prepared for the G20 Summit on 5-6 September 2013, this update on the implementation of the G20 High-Level Principles on Financial Consumer Protection is organised around three priority principles: Disclosure and Transparency; Responsible Business Conduct of Financial Services Providers and their Authorised Agents; and, Complaints Handling and Redress.
English, PDF, 1,817kb
Faced with the acute poverty of many Russian pensioners, the Russian government is engaged in wide-ranging systemic reforms. This report contributes to the policy discussion by identifying aspects of the system that may need to be reformed and describing the experience of other countries as a point of comparison.
English, PDF, 288kb
The crisis has shown that there is no such thing as an optimal banking structure or model. The Liikanen report highlighted excessive risk taking and excessive reliance on short-term funding not matched with adequate capital protection. The French reform of the banking sector builds on this insight as well as the agreement reached by the Basel Committee on Banking Supervision and the European CRD 4 to foster financial stability.
English, PDF, 587kb
The paper argues that interest rates are at extremely low levels to support banks, and the search for yield has pushed the liquidity driven speculative bubble from real estate, derivatives and structured products markets into the corporate debt market. Equities have rallied strongly too. This asset cycle is certainly helping banks reduce hidden losses on illiquid securities and could also help reduce the cost of equity.