Tuesday, April 29, 2008

[IWS] OECD: INTERNATIONAL GATEWAY for FINANCIAL EDUCATION (IGFE) [29 April 2008]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Organization for Economic Cooperation and Development (OECD)

The International Gateway for Financial Education (IGFE) [29 April 2008]
www.financial-education.org
or
http://www.financial-education.org/pages/0,2987,en_39665975_39666038_1_1_1_1_1,00.html


See United States Example
http://www.financial-education.org/document/8/0,3343,en_39665975_39667053_40247496_1_1_1_1,00.html

Other Countries at
http://www.financial-education.org/pages/0,3417,en_39665975_39667053_1_1_1_1_1,00.html


The International Gateway for Financial Education (IGFE) is established by the < http://www.oecd.org> Organisation for Economic Co-operation and Development (OECD) as part of its overall comprehensive project on financial education.

The main objectives of the gateway are to:
   * Launch and develop the first global clearinghouse on financial education which gathers an extensive and comprehensive range of information, data, resources, research and news on financial education issues and programmes around the globe
   * Raise awareness on, and visibility of, financial education issues worldwide and ensure the wide dissemination of research, best practices and guidelines on financial education
   * Promote the access to and exchange of information, knowledge, experience and expertise on financial education
   * Support the creation of a worldwide network of governmental representatives and key stakeholders on financial education
   * Encourage further the elaboration of best practices and principles with the guidance of the network and under the aegis of the OECD [< http://www.financial-education.org/document/50/0,3343,en_39665975_39666038_39711282_1_1_1_1,00.html > How to join].

See Press Release 29 April 2008
Governments and industry should invest more in financial education, warns OECD
http://www.oecd.org/document/48/0,3343,en_2649_201185_40539888_1_1_1_1,00.html

29/04/2008 - Many people have a poor understanding of the financial issues that affect their lives, according to OECD analysis. To help them, OECD countries have agreed new good practices on financial education relating to < http://www.oecd.org/dataoecd/4/21/40537843.pdf> private pensions and < http://www.oecd.org/dataoecd/3/44/40537762.pdf> insurance that call on governments and business to work together to improve financial literacy in order to give people the tools they need to secure their future.

AND MUCH MORE....
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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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