12/06/2017
¿Por qué China encabeza los rankings en educación financiera?
Publicado orginalmente en bbva.com
Why does China top the ranking in financial literacy?
The regions of China (Beijing, Shanghai, Jiangsu and Canton) that took part in the PISA exam have headed the ranking in financial literacy with an average of 566 points, far above the average of 481 points for the countries in the Organization for Economic Cooperation and Development (OECD). Belgium, with 541 points and Canada, with 533, were next best in knowledge and skills in this subject, some way behind the Asian giant. What are the keys for explaining China’s results in the PISA assessment?…
1. Before you act, measure
National policies designed to improve the level of the population’s financial literacy of have been decisive for China. However, before acting, the country’s financial institutions, headed up by the People’s Bank of China, carried out a macro-survey to determine the level of its citizens in this subject. The results, which are updated every two years, have been decisive in establishing a roadmap, guidelines for good practices and targets at national level, based on people’s real needs.
2. Impact campaigns
The national financial literacy policy in China prioritizes investment in educational resources for the youngest students, without forgetting adults. The different campaigns run on current issues related to financial literacy are very influential and have an extensive impact on the population. This guarantees that the contents reach all the regions of what is a very large country, in which there is a great diversity of population…
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