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FINANCIAL EDUCATION FOR YOUTH AND IN SCHOOLS

FINANCIAL EDUCATION FOR YOUTH AND IN SCHOOLS. International guidelines and effective practices Assessing needs and tracking progress : PISA Financial Literacy. Flore-Anne Messy Senior Policy Expert Executive Secretary of the International Network on Financial Education

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FINANCIAL EDUCATION FOR YOUTH AND IN SCHOOLS

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  1. FINANCIAL EDUCATION FOR YOUTH AND IN SCHOOLS International guidelines and effective practices Assessing needs and tracking progress :PISA Financial Literacy Flore-Anne Messy Senior Policy Expert Executive Secretary of the International Network on Financial Education OECD Financial Affairs Division

  2. G 20 Leaders’ Recognition, June 2012 “We recognize the need for women and youth to gain access to financial services and education, ask the GPFI, the OECD/INFE, and the World Bank to identify barriers they may face and call for a progress report to be delivered by the next Summit”

  3. Outline

  4. I. Importance of financial education for youth : Increasing needs....

  5. I. Needs which cannot be adequately met without policy intervention

  6. I. Investing in financial education for youth and in schools bears multiple fruits

  7. I. ....but is challenging in most countries

  8. II- OECD/INFE policy tools on financial education for youth and in schools

  9. II- Findings from OECD/INFE Survey on financial education and youth

  10. II- OECD/INFE guidelines and effective practices to promote financial education in schools

  11. 1. Framework and modalities : main issues

  12. 1. Content and scope of Financial Education in Schools

  13. 1- Monitoring and and evaluation are essential but limited

  14. 2- Involvement of key and relevant stakeholders :Public authorities & process

  15. 2- Involvement of key and relevant stakeholders :Teachers and civil actors

  16. 2- Involvement of key stakeholders :The role of the private sector

  17. 3-Support to implementation :Design and promotion of efficient means & tools

  18. 3- Available and adequate resources

  19. 3- Right incentives and supporting activities

  20. III- First international measure of Financial Literacy of Youth Programme for International Student Assessment (PISA)

  21. III- PISA Financial Literacy first results in 2014– what they will offer?

  22. III- Preparing PISA FL 2015

  23. THANK YOU! Flore-anne.messy@oecd.org www.financial-education.org

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