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Financial Literacy and Education Commission: further progress needed to ensure an effective national strategy: report to congressional committees
United States. Government
Paperback. Books LLC, Reference Series 2011-10-03.
ISBN 9781234391591
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Publisher description
Original publisher: [Washington, D.C.] : U.S. Govt. Accountability Office, [2006] OCLC Number: (OCoLC)162001038 Subject: Financial literacy -- United States. Excerpt: ... improving financial literacy and education in particular areas. Sixteen of these 26 calls to action are addressed to federal entities, 5 to private or nonprofit organizations, and 5 to the public at large. However, many of these calls to action are very general and do not discuss an implementation strategy, and others describe initiatives that already exist. For example, one call to action states " Investors should take advantage of the wealth of high quality, neutral, and unbiased information offered free of charge, " but it does not lay out a plan for helping ensure that investors will do so. Among the ongoing initiatives cited are a multimedia campaign that the Treasury Department is to launch that is mandated in the Financial Literacy Act. Another call to action states that the Department of Health and Human Services " will continue its public awareness campaign on the new Medicare drug benefit that encourages seniors to enroll in the program. " We have previously identified a set of desirable characteristics for any Certain Elements of an 11 effective national strategy. While national strategies are not required to Effective National Strategy contain a single, consistent set of attributes, we found six characteristics Are Lacking that can offer policymakers and implementing agencies a management tool to help ensure accountability and more effective results. These six characteristics are ( 1 ) a clear purpose, scope and methodology; ( 2 ) a detailed discussion of problems and risks; ( 3 ) desired goals, objectives, activities, and performance measures; ( 4 ) a description of future costs and resources needed to implement the strategy; ( 5 ) a clear delineation of the government's roles, responsibilities, and mechanisms for coordination; and ( 6 ) a description of how the strategy is integ
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Financial Literacy and Education Commission: further progress needed to ensure an effective national strategy: report to congressional committees
Book reviews » Financial Literacy and Education Commission: further progress needed to ensure an effective national strategy: report to congressional committees
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