Implementing financial education in schools

This chapter addresses the most challenging implementation aspects of the introduction of financial education in schools and illustrates the INFE Guidelines for Financial Education in Schools presented in Annex A. It provides policy makers with selected relevant experiences and effective practices from countries that developed or are currently developing financial education programmes in schools. The chapter provides examples of initial steps, such as securing the support of government and public authorities, and effective ways of introducing financial education into schools, showing examples of cross-curricular or - more rarely - stand-alone approaches. It then addresses the provision of financial education programmes, from the training of teachers to the development of good pedagogic materials. It finally highlights ways to reinforce the sustainability of programmes through partnerships with the private sector and evaluation of programmes. These examples aim to assist in the design and implementation of financial education in schools by showing how different countries addressed the same issues in different ways given their peculiar institutional asset, educational framework, funding component and political support for the introduction of these programmes.

The case study topics were selected by the OECD International Network on Financial Education (INFE) due to their importance for the successful introduction and implementation of financial education programmes. The OECD/INFE conducted ongoing surveys from 2008 to 2013 to identify experiences that related directly to these case study topics.

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