Publications & Documents


  • 27-January-2009

    English

    The world needs to rewrite the rules of finance and global business

    Angel Gurría shares his views about issues on the 2009 Davos agenda. Beyond short-term expediency, politicians must figure out how to set a long-term course for the global economy. Along with more effective regulation, we need fairer social policies and an end to the bottlenecks that block competition and innovation and hamper sustainable growth. We must also find ways for governments to exit from their massive emergency interventions

  • 27-January-2009

    English, , 274kb

    Working Paper 31: Pension Coverage and Informal Sector Workers: International Experiences

    This paper provides an overview of selected country experiences, and provides some suggestions for governments in developing countries considering implementing their own pension reform to ensure that informal sector workers receive the retirement income they need.

  • 27-January-2009

    English, , 460kb

    Working Paper 30: Pensions in Africa

    This paper discusses why the development of pension systems is important for the African region. It also looks at the current pension arrangements in selected African countries.

  • 23-January-2009

    English, , 799kb

    Financial crises: Past lessons and policy implications

    This overview paper examines the financial crisis in light of past country experience and economic theory and draws preliminary policy recommendations.

    Related Documents
  • 22-January-2009

    English

    Business ethics and OECD principles: What can be done to avoid another crisis?

    Mr. Gurría underlined that business ethics should be at the center of any new road-map for the global economy. Markets should not only be more stable, but morally acceptable as well. He said that it is time to reunite ethics and economics through a solid, transparent and updated set of rules.

  • 19-January-2009

    English

    The challenge of the financial crisis and faith in multilateralism

    The crisis has shown the vulnerability of a global economy based on the idea that ever increasing production and consumption were the key to success, says OECD Secretary-General Angel Gurría.

  • 16-January-2009

    English, , 264kb

    Investment guarantees and political risk insurance - Institutions, incentives and development

    Institutional features and policy practices of investment guarantee programmes - institutional features of the public and private segments of the political risk insurance market - issues of potential relevance for the investment policy community. Typically, international investment projects for which such insurance is sought are located in developing countries. In recent years, the value of investment guarantees has averaged about

  • 14-January-2009

    English

    Economic crisis: The long term starts now

    Can 2009 bring a ray of light to lift the gloom and end the severest financial and economic crisis in decades? The OECD is working with the world’s governments and international organisations to stop recent market and policy failures from happening again.

  • 8-January-2009

    English, , 299kb

    Resolutions of Weak Institutions: Lessons Learned from Previous Crises

    The present financial crisis may be added to a growing list of episodes worldwide in which financial sector problems have become systemic in nature. Many OECD countries have been affected, either directly or through the transmission of problems cross-border. Most financial crises share a number of common elements. For instance, financial innovation has often played a role in distress episodes, in many cases, having much to do with

  • 8-January-2009

    English, , 262kb

    The Current Financial Crisis: Causes and Policy Issues

    This article treats some ideas and issues that are part of ongoing reflection at the OECD. They were first raised in a major research article for the Reserve Bank of Australia conference in July 2008, and benefited from policy discussion in and around that conference. One fundamental cause of the crisis was a change in the business model of banking, mixing credit with equity culture. When this model was combined with complex

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