The importance of financial literacy and specifically the need to promote financial education has been recognised as an important contributor to improved financial inclusion and individuals’ financial well-being as well as a support to financial stability. The relevance of financial education policies is acknowledged at the highest global policy level: in 2012, G20 Leaders endorsed the OECD/INFE High-level Principles on National Strategies for Financial Education that specifically identify youth as one of the priority targets of government policies in this domain. That same year, Asia-Pacific Economic Cooperation (APEC) Ministers of Finance identified financial literacy as a critical life skill.
The publication addresses the challenges linked to the introduction of financial education in schools. It includes practical guidance and case studies to assist policymakers and a comparative analysis of existing learning frameworks for financial education in the formal school system.
Foreword and acknowledgements
The importance of financial education for youth
Implementing financial education in schools
Comparing selected financial education learning frameworks
OECD/INFE Guidelines for Financial Education in Schools