According to the Organization for Economic Cooperation and Development (OECD), a growing number of national governments is engaged in developing financial education strategies. The social and economic implications of long-term low financial education index of much of the world´s population have led governments to create specific policies especially starting in 2008.
The existence of a national financial literacy strategy favors the promotion of the issue in the country and creates guidelines to mark specific initiatives, whether of the State, private initiative or civil society. The strategy becomes the main reference for laws, public policies and multi-sectoral programs, helping to generate broad mobilization. In 2013, 45 countries of different income levels created a national financial education strategy or advanced in projects related to the issue.
Global and regional forums such as the G20 and the Asia-Pacific Economic Cooperation (APEC) have recognized the importance of national financial education efforts to sustain the economic and financial stability and inclusive social development. Within the framework of the G20 countries, in particular, the national strategies for financial education have proliferated. About half of them have already developed a strategy: Australia, Brazil, Japan, Netherlands, South Africa, Spain, United Kingdom and United States.
Learn more about the international OECD program to promote financial education and the signatory countries:
International OECD program to promote financial education in signatory countries
Analytical Comparative Research of practices used by countries that have a National Strategy
Research on the status of Financial Education in Latin America
Countries already offering their national strategies or their projects in development on the web: