Topics Financial education

OECD/INFE Core Competencies Framework on financial literacy for MSMEs

This document contains a high-level, outcome-based, internationally relevant, core competencies framework on financial literacy for micro, small and medium-sized enterprises (MSMEs) and potential entrepreneurs. It highlights a range of financial literacy outcomes that may be important to sustain or improve…

How much does having a bank account help the poor?

Having a bank account is widely regarded as the first step toward financial inclusion of the poor. Funds deposited in a bank account are also observed to lead to higher savings. Exploiting special features of the National Rural Employment Guarantee…

The opportunities and challenges of digitizing government-to-person payments

This paper reviews evidence on the benefits and challenges faced by governments migrating from cash to digital (electronic) government-to-person (G2P) payments. When supported by an appropriate consumer financial protection framework, digital payments enable confidential and convenient financial services, which can…