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In a growing number of countries, the long-term implications of low levels of financial literacy among the majority of the population are prompting governments to take action.

Jointly published by Russia's G20 Presidency and the OECD, Advancing National Strategies for Financial Education monitors progress by the governments of the world’s major economies in implementing national strategies for improving financial education. It includes contributions by twenty one G20 member economies and invited countries (Argentina, Australia, Brazil, Canada, People’s Republic of China, France, India, Indonesia, Italy, Japan, Korea, Mexico, the Netherlands, the Russian Federation, Saudi Arabia, Singapore, South Africa, Spain, Turkey, the United Kingdom and the United States) as well as the European Union.

The publication highlights the main features of country experiences and in particular the rationale for the development of national strategies, their status in the countries covered in the publication, their main objectives and their founding elements. It also points to the different governing structures established to design and implement national strategies, the role of stakeholders, and their main implementing directions and challenges. Finally, it proposes possible areas for further policy action.
 

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More about OECD work on national strategies for financial education

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