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As governments and international organisations grapple with an increasingly turbulent economic climate and rising frustration and disquiet among citizens, they require fresh thinking and inspiring ideas. In developing strategies to restore long-term economic growth and employment, policy-makers must ensure that they respond to public demands for a fairer and more inclusive society. The challenge for this year's Forum is clear: how can
At this Financial Regulation Session of the G20 Leaders Summit, M. Gurría spoke of 'a comprehensive reform of the international financial architecture that should include financial inclusion, protection and education'.
These country profiles describe private pension arrangements in OECD countries. This information is taken from the OECD Private Pensions Outlook 2008, published in February 2009.
Public finances are under pressure around the world. We asked finance ministers from a range of countries: “What actions is your government taking to bolster public finances, while upholding growth and services?”
"We need to reform international finance so that it plays its essential role in supporting economic activity -- and does not provoke another systemic crisis. But we have to ask ourselves, do we have the right global governance mechanisms to address these issues in an effective way? " said A. Gurría at colloque on “Refondation du système monétaire et financier international”.
This working paper uses a variety of empirical methods to examine the apparent differences in monetary policy stances as between the United States and other G7 economies.
The OECD- IFEP Symposium on Financial Education: Financial education: a possible response to the financial crisis goals are to
- Highlight the importance of financial education at a global scale as one of the long-term possible response to the current financial crisis
- Share experiences and international good practices including OECD instruments on financial education
- Reinforce the awareness of the public and policy makers,
The financial crisis did not spare the French economy, which is facing a deep recession in 2009, even if the situation is less severe than elsewhere. Once the recovery begins, a priority will be to phase out the general government budget deficit but, given the already very heavy burden of taxes and compulsory contributions, public finance consolidation will require strict control over expenditures.