The Organisation for Economic Co-operation and Development (OECD) is an international organisation establishes evidence-based international standards and finding solutions to a range of social, economic and environmental challenges. The OECD/INFE Toolkit includes a financial literacy questionnaire...

We create a framework for understanding the role of hope and aspirations in economic development and give preliminary experimental results from a field project in Oaxaca, Mexico carried out in this framework. We review the literature on hope from philosophy, theology, psychology, and its...

This report provides measures of financial inclusion including elements of financial resilience and a newly-created score on financial well-being. Twenty-six countries and economies, including 12 OECD countries, participated in this international survey of financial literacy, using the 2018...

This book is the first major study of financial education at the international level. It highlights the economic, demographic and policy changes that make financial education increasingly important, identifies and analyses financial literacy surveys in OECD countries, describes the different types...

Research shows that many people make poor economic decisions because they are financially illiterate. As we show here, financial ignorance can be expensive and even ruinous, for many. Our goal in this article is to provide an overview of existing work in this important field. We also provide new...

Financial education has become an important complement to market conduct and prudential regulation and improving individual financial behaviours a long-term policy priority in many countries. The OECD and its International Network on Financial Education (INFE) conducts research and develops tools...

This report responds to a call made by APEC Finance Ministers at their 23rd Ministerial Meeting in Lima in 2016 to advance “the design and implementation of financial literacy policies building on the expertise and standards developed by the OECD International Network on Financial...

This document describes the types of knowledge that adults aged 18 or over could benefit from, what they should be capable of doing and the behaviours that may help them to achieve financial well-being, as well as the attitudes and confidence that will support this process. It can be used to...

As the connection between financial capability and social mobility is made evident, both public and private actors are increasingly interrogating the drivers of personal financial health and investing in the innovation of products and services designed to improve the condition of economically...

Behavioural economics is the study of how people make decisions in a complex and textured world where details matter. It draws from the fields of economics and psychology, but brings a unique perspective that departs from each of these fields in important ways. behavioural economics differs from...

Tools for Development draws together a range of techniques designed to help DFID officers and others undertake development activities and interventions of any size and kind. Tools for Development aims to help you deliver successful development activities and interventions by giving you access to...

The new Economic and Social Inclusion plan for New Brunswick builds upon progress accomplished over the past 10 years. It includes nine priority actions divided into three pillars: Income Security: includes actions addressing improvements to social assistance, changes to the Employment...

This policy brief provides recommendations that can assist policy makers in their consideration of appropriate measures to help financial consumers, depending on the contexts and circumstances of individual jurisdictions, during the COVID-19 crisis. These options are consistent with...

The G20 Fukuoka Policy Priorities for Ageing and Financial Inclusion is jointly prepared by the GPFI and the OECD. The document identifies eight priorities to help policy makers, financial service providers, consumers and other actors in the real economy to identify and address the challenges...

A better understanding of human behaviour can lead to better policies. If you are looking for a more data-driven and nuanced approach to policy making, then you should consider what actually drives the decisions and behaviours of citizens rather than relying on assumptions of how they should...

This is a 2005 brief from the OECD Directorate for Financial and Enterprise Affairs, on recommended principles of financial education. It offers a definition of financial educaiton, financial capacity building, and recommendations for financial education program content....

Asset Building for low–income people through matched savings challenges the focus of traditional poverty-alleviation strategies on income support to enable the poor to escape from poverty and improve their economic and social status. It does not deny the necessity nor the benefits of such support...

This report presents findings from a behavioural intervention designed to increase the number of incarcerated noncustodial parents in Texas who apply for modifications to reduce the amount of their child support orders. Incarcerated noncustodial parents have a limited ability to pay their...

In June 2012, a group of service providers, trainers and funders in Boston launched a one-year pilot to integrate financial stability content and methods into workforce development services and settings. This pilot effort came at a time of renewed interest in integrating workforce and financial...

Developmental evaluation is a work-in-progress; an evolving methodology. This guide builds on the contribution of an earlier booklet by Jamie Gamble entitled A Developmental Evaluation Primer, published by the Foundation in 2008. It contains the lessons and insights of a group of practitioners who...

This article describes development of the InCharge Financial Distress/Financial Well-Being Scale, designed to measure a latent construct representing responses to one’s financial state on a continuum ranging from overwhelming financial distress/lowest level of financial well-being to no financial...

Given the importance of financial security to a wide range of customers and issues and the cost of delivering those services, we at The Financial Clinic asked ourselves: can financial development services be embedded into established social service delivery models to create scale? And, can...

While the progress of the IDA field to date has surprised even its most ardent supporters, its potential in the coming years is greater. We think this progress stems from two fundamental strengths: first, asset equity is an idea whose time has come; and second, individuals and institutions from all...

In order to monitor the financial and economic status of American consumers, the Federal Reserve Board conducted the third annual Survey of Household Economics and Decisionmaking in October and November 2015. This survey provides insights into the well-being of households and consumers, and...

The link between economic equity and financial and economic inclusion has long been the focus of community development financial institutions (CDFI). In this brief, we first examine what scale means for CDFIs and note participants’ focus on scaling impact and their concerns about conflating size...