Portugal: rebalancing the economy and returning to growth through job creation and better capital allocation

Low growth and huge current account deficits have characterised the Portuguese economy over the past decade.

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Action required: OECD's message to the International Institute of Finance

Secretary-General Angel Gurría outlines the crucial actions that we must take to resolve the euro crisis, strengthen the global financial system and anchor growth in the long-term through structural reform at the 30th anniversary of the International Institute of Finance in Tokyo.

High-level seminar on capital flow management and liberalisation: the role of international co-operation

This seminar aimed to advance shared understandings on policies to make the most of cross-border capital flows in support of growth and development and on the value of international co-operation, including the OECD Codes of Liberalisation, in the current context of serious global financial turbulence.

Capital flow management and liberalisation: the role of international co-operation

Secretary-General Angel Gurría discussed how co-operation is key in order to best use international capital flows as a tool to finance growth and development that make our economies more prosperous and resilient while dealing with their challenges.

Related Documents

• Capital flows and the OECD Code of Liberalisation of Capital Movements

OECD Working Papers on Finance, Insurance and Private Pensions

OECD working papers on finance, insurance and private pensions address such policy issues as risk management, governance, types of investments, benefit protection and financial education.

Pension Markets in Focus

Pension Markets in Focus provides a unique source of comparable statistics and indicators of funded pension plan systems from an international perspective and also facilitates cross-country comparisons of the most up-to-date statistics and indicators on key aspects of retirement systems across OECD and non-OECD countries. It provides information about the main trends and features of funded pension plan systems in a clear and concise

Pension Markets in Focus, No.9, September 2012

Pension fund assets in OECD countries hit a record USD 20.1 trillion in 2011 but return on investment fell below zero, with an average negative return of -1.7%s, according to the OECD’s latest Pension Markets in Focus. The report says that weak equity markets and low interest rates drove the poor performance.

Global imbalances and the development of capital flows among Asian countries

During the current global crisis, capital inflows into Asian countries have increased,leading to excess liquidity and the risk of potential asset bubbles.

Bank deleveraging, the move from bank to market-based financing, and SME financing

Banks have been lowering their high pre-crisis leverage levels and are preparing for stricter regulatory capital requirements, and in the process have been reducing their lending. With the banking sector expected to shrink considerably, other actors, especially institutional investors, and new forms of financial intermediation will have to meet the credit needs of the economy.

Global Pension Statistics

This project measures and monitors the pension industry, allowing inter-country comparisons of current statistics and indicators on key aspects of retirement systems.