The OECD presented the first PISA study on financial literacy among 15 year-olds. In 2012, 29 000 students, from 28 countries, including 13 OECD countries, of the more than 500 000 who took the PISA were also tested on financial literacy.
The Secretary General of the OECD, José Angel Gurria, declared that the picture was worrisome for all the countries. In Europe, Estonians and Belgians (Flemish) top the ranking, well above countries like France. A rare example of good news in this report is that there are no disparities between boys and girls in terms of financial literacy.
OECD has set as a mission to "protect consumers, help them understand their choicies and their rights".
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