According to the Organization for Economic Cooperation and Development (OECD), a growing number of national governments are engaged in developing financial education strategies. The long-term social and economic implications of the low level of financial education of a large part of the world’s population have led governments to create specific policies especially since 2008.
The existence of a national financial education strategy favors the promotion of the theme in the country and creates guidelines to guide concrete initiatives, be it of the State, private initiative or civil society. The strategy becomes the main reference for laws, public policies and multisectoral programs, contributing to generate ample mobilization. In the year 2017, 60 countries of different levels of income have a national financial education strategy or have advanced in projects related to the subject.
Global and regional forums such as the G20 and Asia-Pacific Economic Cooperation (APEC) have already recognized the importance of national financial education efforts to sustain economic-financial stability and inclusive social development. In the context of the G20 countries, in particular, national financial education strategies have proliferated. About half of them have already developed a strategy: Australia, Brazil, Japan, Holland, South Africa, Spain, United Kingdom and United States.
Learn more about the OECD International Program for the Promotion of Financial Education and the Signatory Countries:
OECD International Program for the Promotion of Financial Education in the Signatory Countries
Comparative Analytical Research of practices used by countries that have a National Strategy
Research on the situation of Financial Education in Latin America
Countries that have already made available their National Strategies or their projects under development on the web: