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U.S. President Barack Obama’s plan to separate core commercial banking from some higher-risk activities in financial conglomerates and to place a moratorium on further consolidation could help to avoid a new financial crisis by resolving some major risks inherent to the current financial system.
Israel’s economy has shown resilience during the global recession, but more active education and employment policies – particularly targeted at minority groups – are needed to bolster its economic performance and bridge deep divisions within its society, according to the OECD.
OECD to publish Review of Israel’s Labour Market and Social Policies and its first ever Economic Survey of Israel on Wednesday 20 January
Pier Carlo Padoan has been appointed Chief Economist of the OECD. Mr. Padoan will maintain his status of Deputy Secretary-General which he has held since joining the OECD in June 2007.
The OECD and the European Investment Bank have agreed to share their expertise in support of economic co-operation and sustainable development. OECD Secretary-General Angel Gurría and EIB President Philippe Maystadt signed a co-operation agreement to that effect today in Paris.
The OECD’s latest economic survey of Denmark, to be published on Thursday 5 November 2009, looks at the impact of the global economic crisis on Denmark and offers policy recommendations for reform.
OECD Secretary-General Angel Gurría has warned that unless a new generation of statistics is developed to measure social progress and well-being, people may lose confidence in institutions and in the capacity of governments to address their problems.
Assessing the progress and failings of our societies requires a far broader set of measures than just economic indicators.
Secretary-General Gurría called for the need to agree on common international targets in areas such as innovation and green growth predicting "they could become the overarching umbrella for the G20 Framework’s structural agenda".Gurria's remarks to G20 leaders reflected the fact that the focus on structural policies will constitute the principal element of the OECD's contribution to future work on the G20 Framework Strong, Sustainable
The OECD is ready to play a key role in helping to implement the recommendations of a commission of international experts on new ways of measuring well-being and progress, OECD Secretary-General Angel Gurría said.