Paris, October 2006
The G8 International Conference on Improving Financial Literacy is co-organised by the Minister of Finance of the Russian Federation and the OECD as a part of its on-going project on financial literacy.
The main objective of this conference is to highlight the need for financial education in both developed and developing countries. The conference therefore aims to raise the awareness of governments, financial institutions and consumers about the importance of financial education and to examine countries' experience, progress and good practices, including through presenting examples of efficient financial education tools and programmes. This conference also aspires, through dialogue and mutual understanding, to enhance the effectiveness and efforts to promote financial education at the international level - an approach that will be crucial for successfully achieving the much needed worldwide improvement in financial literacy.
Sessions in the conference will cover: (i) impact of financial literacy on economic development, (ii) specific problems of vulnerable groups; (iii) financial education for pensions and insurance: raising awareness of risks; (iv) role of stakeholders in financial education and awareness campaigns; (v) evaluation of financial education programmes; (vi) best practices and next steps to improve financial literacy. The conference will also provide an opportunity to present the principles and good practices developed by the OECD in this area.
High-level governmental officials from regulatory and supervisory authorities, industry experts and academics from OECD countries and non-OECD members' economies are expected to attend the event.
Please note that participation is by invitation only.
Additional logistical information is available at www.cifl.ru