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Overall responsibility and purpose
With the iconomix programme, the Swiss National Bank (SNB) is making a valuable contribution to improving the basic economic and financial literacy of the Swiss population. Economic and financial literacy refers both to widely applicable basic economic principles that are helpful in understanding everyday economic situations and to basic financial skills.
Through its commitment in this area, the SNB wishes to help increase the effectiveness of monetary policy, boost the efficiency and stability of financial markets, and establish a reputation and acceptance among the population. This is in line with OECD recommendations. Moreover, by promoting economic and financial literacy, a public good, the SNB is combining its core task with corporate social responsibility.
The iconomix team is made up of six SNB employees and two interns. The team works closely with other SNB units, namely with legal services, language services, the library and the mail room. It also maintains a network of around 40 external service providers, including specialised teachers, teachers of media education, authors of teaching resources, editors, layouters/designers and IT specialists.
Further information can be found in the credits.
Financial education – role and international developments
The promotion of financial education is becoming increasingly important on an international level, with several countries giving it greater attention. This article in the economic policy magazine ‘Die Volkswirtschaft’, dating from June 2011, provides an overview of financial education from a Swiss perspective.
