Objective

Over the past few years and especially in the wake of the financial crisis, many educational initiatives have been launched across the globe to improve the general public’s financial and economic literacy. Government bodies, central banks, membership organisations (e.g. consumer protection organisations) and other institutions have made considerable efforts to enhance the public’s understanding of macroeconomics and raise awareness of monetary and financial issues.

Central banks around the world have devoted significant resources to fostering economic and financial education, including the Bundesbank, whose range of educational services available to the public is designed to impart basic knowledge in the areas of money, currency and central banking as part of its general economic activities. Building on the OECD’s proposals for a national financial literacy strategy, topics such as responsible credit use, digital financial services and long-term savings/pension provision have recently also been included in the Bundesbank’s educational services. The aim of these services is to contribute to a financially literate society and to fulfil the Bundesbank’s role as a trusted partner in economic matters.  

The aim of this expert panel is to enable participants to exchange experiences and provide a forum for central bankers from around the world to present their strategies in the area of economic and financial education.

Content

• Economic and financial education: mandate, concepts, goals and target groups of central banks
• Economic and financial education activities offered by the Bundesbank
• Effective economic and financial education programmes: experiences from different providers

Target group

This expert panel is geared towards central bankers as well as regulators and supervisors with expertise in the area of economic and financial education. Applicants should be well versed in their own institution’s approach to economic and financial education and are expected to make an active contribution to discussions. Participants will be invited to give a presentation relating to their field of expertise or their institution’s experience in this area.