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.
OECD PISA assessments of the financial literacy of students
May 2017 - PISA 2015 Results (Volume IV): Students’ Financial Literacy explores students’ experience with and knowledge about money and provides an overall picture of 15-year-olds’ ability to apply their accumulated knowledge and skills to real-life situations involving financial issues and decisions.
July 2014 - PISA 2012 Results: Students and Money presents the first financial literacy assessment of 15-year-old students in 18 countries and economies. It provides a unique international benchmark on the level of financial literacy of young people.
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.
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