Evaluation of National Strategies for Financial Literacy (2022)Evaluation and monitoring are essential elements of assessing the effectiveness of public policies, benchmarking against desired outcomes, and helping to enact evidence-based actions to improve these policies. National strategies for financial literacy are complex, multi-year, multi-stakeholder public policy projects that can strongly benefit from comprehensive evaluation designs.
This report summarises and draws lessons from the evaluation approaches and activities of 29 countries and economies that are part of the OECD International Network for Financial Education. It provides implementation guidance on the evaluation of their national strategies for financial literacy. It also discusses reasons for evaluating national strategies, good practice approaches and methodologies, associated challenges and benefits, as well as funding the cost of evaluation.
Visit the dedicated webpage to read the report on “Evaluation of National Strategies for Financial Literacy” HERE Watch the launch of the report and access the presentations HERE |
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National Strategies for Financial Education: OECD/INFE Policy Handbook (2015)Financial education has become an important complement to market conduct and prudential regulation and improving individual financial behaviours a long-term policy priority in many countries. The OECD and its International Network on Financial Education (INFE) conducts research and develops tools to support policy makers and public authorities to design and implement national strategies for financial education.
2012 - G20 Leaders endorsed the High-level Principles on National Strategies for Financial Education developed by the OECD/INFE.
2013 - G20 Finance Ministers and Central Bank Governors confirmed their interest in these issues and called for the OECD, under the aegis of the Russia’s G20 presidency, to prepare a progress report on the development of national strategies. The resulting joint publication by Russia’s G20 Presidency and the OECD titled 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. This study was launched by Russian Finance Minister Anton Siluanov and OECD Secretary-General Angel Gurría at the G20 Summit in Saint Petersburg on 5 September 2013.
2015 - The OECD/INFE Policy Handbook on National Strategies for Financial Education is a follow up to the OECD/INFE High-level Principles on National Strategies for Financial Education. The policy handbook supports governments and key stakeholders in mature and emerging economies in addressing challenges linked to the implementation of national strategies for financial education. It provides an overview of the status of national strategies worldwide, an analysis of relevant practices and case studies and identifies key lessons learnt. The policy handbook also includes a checklist for action, intended as a self-assessment tool for governments and public authorities.
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