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OECD International Network on Financial Education - OECD/INFE

 

OECD governments officially recognised the importance of financial literacy in 2002 with the launch of a unique and comprehensive project. In 2008 the project was further enhanced through the creation of the International Network on Financial Education (OECD/INFE) to:

  • Collect cross-comparable data and evidence

  • Develop methodologies to measure impact

  • Share experience and good practices

  • Develop research and comparative analysis

  • Design policy instruments

  • Promote effective implementation and monitoring


The OECD/INFE is made up of members from over 120 countries and overseen by an Advisory Board. Four key policy areas related to financial education are currently beeing addressed by working groups:

  • Standard setting, implementation and evaluation

  • Financial education and the impact of digitalisation

  • Financial Education in the workplace

  • The impact of ageing populations and the needs of older consumers


The OECD/INFE also continues to develop and promote outputs from previous working groups, including: core competencies for financial literacy; financial education for micro, small and medium-sized enterprises; financial education for financial inclusion; national strategies for financial education; financial education for youth and in school and for women; financial education for long-term savings and investments; and financial literacy measurement.



The OECD/INFE disseminates work in a variety of ways, including by producing global and regional reports and by organising high- level seminars and roundtables and technical workshops.

 

This work is now fully recognised at the global level, with G20 and APEC fora successively recognising and/or endorsing a series of instruments and outputs developed by the OECD/INFE.

 

JOINING THE OECD/INFE

The OECD/INFE has high-level membership from over 260 public institutions - including central banks, ministries of finance and ministries of education - in over 120 countries. 

The two main categories of membership are:

  • Full members - public institutions with an active role in the work of the OECD/INFE and who are willing to financially contribute to INFE activities on an annual basis according to the scale presented below (the contribution is per institution and the scale takes into account countries’ income per capita and overall GDP).

  • Regular members - public institutions which want to be informed about INFE activities, but are not looking to play an active role and financially contribute to the INFE.

Click here to apply for full or regular membership.

 

Other membership categories are:

  • Affiliate members - selected non-governmental, not-for-profit organisations with an appropriate interest in financial literacy and education. This category includes, but is not limited to, academics, consumer groups and community groups; foundations; industry associations; self- regulatory organisations and trade unions. Click here to apply for affilliate membership.

  • Associate members - relevant international organisations with interest and expertise in financial education

  • Supporters - private sector representatives

  • Key partners

 

FIND OUT MORE

Contact us at SecretariatINFE@oecd.org for more information about becoming a member, changing your membership status or participating in the activities of the OECD/INFE.

Overview of the OECD/INFE

 

 

ONLINE COMMUNITY FOR MEMBERS

Click here to go to the password-protected OECD/INFE Community Workspace if you are already a member.

 

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