Improving financial education effectiveness through ...
June 2013
Improving financial education effectiveness through behavioural economics
OECD KEy fInDIngs anD way fOrwarD
IMPROVING FINANCIAL EDUCATION EFFECTIVENESS THROUGH BEHAVIOURAL ECONOMICS: OECD KEY FINDINGS AND WAY FORWARD
FOREWORD
Governments' attention is increasing around the world on the critical need to empower consumers through financial education. As governments launch new initiatives to improve their population's financial skills, demand has grown for research to guide the development of these initiatives as well as tools to improve their impact and effectiveness.
To address these demands, the OECD launched its financial education project in 2002, developing policy analysis and recommendations on principles and good practices for financial education and awareness with a focus on specific sectors such as credit, insurance and private pensions.
Building on this experience, the OECD established in 2008 the International Network on Financial Education (INFE) which facilitates information sharing, research and the development of policy instruments and analytical tools. More than 240 public institutions from 107 countries are members of the INFE and collaborate in the development of data, comparative analysis and global policy instruments in a consistent and systematic way.
Under the support of the Russia/WB/OECD Trust Fund for Financial Literacy and Education, the OECD has led the development and worldwide dissemination of the following three main types of products and tools:
Broad and detailed reviews and inventories of effective financial education activities and policies worldwide, thanks to the wide membership and involvement of the OECD/INFE.
Policy, analytical and comparative reports and research highlighting good practices and detailed case studies on financial education and literacy across member countries.
Criteria, standards, principles and guidelines as well as practical tools to facilitate and improve strategic financial education efforts.
This book explores how the design of financial education programmes can benefit from the findings of behavioural economists and economic psychologists. In particular, it looks at the application of behavioural economics to the design of financial education programmes, and it provides an in-depth case study of an innovative application of lessons from psychology to a financial education programme in Brazil.
3
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- a guide for developing effective financial management
- chapter 41 financial planning and management msh
- improving financial education effectiveness through
- educational resources an integral component for effective
- writing the needs or problem statement
- creating an efficient financial system challenges in a
- financial management for a small business
- a framework for effective management of financial crises
- core financial system requirements world bank
- office of management and budget the white house
Related searches
- free financial education classes
- financial education for young adults
- financial education books
- financial education courses free online
- financial education for kids
- why financial education is necessary
- american financial education alliance scam
- personal financial education course
- free financial education for adults
- financial education jobs
- best financial education books
- financial education books for kids