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Special Chapter from Economic Outlook 87, May 2010
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OECD's recommendations on how to decide on appropriate policy in the face of an economic disturbance.
Are the policies that governments have put in place to stabilise the global economy and restore growth sowing the seeds for a new economic crisis? While more welfare spending and easier credit can temporarily help to shore up economic activity, they could in the medium term make the problems that caused the current crisis worse, argues William White, chair of the OECD’s Economic Development and Review Committee.
Speaking at a conference in Berlin, Angel Gurría says that a new architecture of financial reform together with sustainable fiscal consolidation strategies, structural reforms and efforts to explore new sources of growth will be essential to build a stronger, cleaner and fairer world economy.
Organised in Johannesburg, South Africa, on 5-7 May 2010, this workshop provide an opportunity for African countries to discuss practical market-infrastructure issues which are of major concern for debt managers in the African debt markets.
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This paper inquires into the forces that drive the practice of risk management at defined benefit (DB) pension funds in Germany, Netherlands, United Kingdom and the United States in the aftermath of the perfect pension storm. First, pension funds’ risk management is grounded in the context of the development of modern risk management in the financial industry more general. Second, focusing solely on single-employer sponsored DB
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The world’s second-largest economy is helping drive the global recovery. But to sustain high growth and social cohesion, China needs to continue rebalancing its economy by boosting public spending on human capital and social services, and further reforming pensions and health care.
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如今，中国成为全球第二大经济体，它的需求对于拉动诸多国家的复苏而言发挥着举足轻重的作用。本文借鉴了OECD 几个星期前刚刚发布的中国经济全面评估报告，希望对中国发展高层论坛2010 年会“中国和世界经济：增长·调整·合作”有所贡献。中国的经济增长在不断刷新历史记 录，本文不仅着重探讨了这种增长表现得最为突出的特点，而且指出了中国希望维持快速增长时应该解决的问题。
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The public pension system of Japan provides coverage for all, irrespective of occupation and income. Corporate pension plans provide additional benefits over the public pension in order to meet the diversified financial needs in retirement and play a key role in enriching people’s life after retirement.The majority of corporate pensions in Japan are defined-benefit type. Consequently, a great amount of attention is paid to benefit
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This working paper provides draft good practice guidelines for the design of national financial literacy surveys and proposes guidelines for the design of a core set of good practice questions for embedding within any national surveys aimed at measuring financial literacy levels.