International Solutions to Improving Financial Literacy

The Federal Reserve Bank of Chicago and Visa Inc. co-hosted the sixth annual Financial Literacy and Education Summit on April 23, 2012. The program brought together international financial literacy experts who will address potential solutions to improving financial literacy for citizens in countries around the world that operate under varying economic conditions. The summit panelists focused on how global government and financial education leaders, in collaboration with providers, can develop resolutions to positively impact global financial literacy efforts.

Key Questions That Will Be Addressed

• Given that countries have unique economic and structural challenges, how do we find solutions to common financial literacy issues?
• What are the biggest challenges when it comes to improving financial literacy both domestically and internationally?
• What are key international solutions to improving financial literacy levels for people of all ages?
• What are the most effective international financial literacy solutions in place today?
• What are the critical tools necessary to improve financial literacy?
• How can we influence positive consumer behavior with regard to financial habits?
• What are the financial education needs for those faced with long-term unemployment?
• How can financial literacy levels be improved in the current economy given dramatic government and school budget cuts?
• How can government, NGOs, the private sector and educators work together to implement an effective, coordinated strategy for reaching consumers and equipping them with the necessary tools and resources to make wise financial decisions?

Who Should Attend?

• Economic and education government policymakers worldwide, including regulators and members of the legislative branch
• Non-governmental organization (NGO) members
• School administrators and educators interested in financial literacy and the global economy
• Members of financial literacy and education advocacy organizations
• International and regional economic organization members
• Charitable foundations that support community and economic development
• Academic professionals researching or developing financial literacy curricula
• Journalists covering personal finance, economics, government and education