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Dartmouth College Office of Public Affairs • Press Release
Posted 11/28/06 • Sue Knapp • (603) 646-3661
Annamaria Lusardi (photo by Joseph Mehling '69)
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Dartmouth Professor of Economics Annamaria Lusardi will participate in the G8 International Conference on Improving Financial Literacy on Nov. 29-30 in Moscow. She will discuss her research into the effectiveness of different financial education programs on personal savings. The conference is hosted by the Russian G8 Presidency working with the Organisation for Economic Co-operation and Development (OECD) as a part of its on-going project on financial literacy.
"Through my research, I've learned that retirement seminars positively impact the accumulation of both private and pension wealth," says Lusardi. "But I've also learned that many employees don't take advantage of workplace seminars, so I think we need to do more to enhance financial education in the U.S. Participating in this conference is one way I can share my findings and help promote healthy saving habits and financial literacy."
The conference highlights the need for financial education in both developed and developing countries. Conference participants include representatives from various governments, banking institutions, and investment organizations. Speakers include academics, governmental officials from regulatory and supervisory authorities, and industry experts from many countries. The Russian Minister of Finance will formally open the conference on Nov. 29.
"I'm excited to learn from a variety of people who will be there," says Lusardi. "My work focuses on saving habits in the U.S., so it will be good to hear about experiences in other countries."
According to the OECD website, this initiative aims to increase awareness of the importance of financial education and to enhance the effectiveness of efforts worldwide to promote financial education.
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