Dealing with the financial crisis and thinking about the exit strategy

This article looks at the stages of crisis management and some of the different degrees of transparency on losses and risks in the US and Europe. It also compares alternative approaches to dealing with impaired assets used in the USA and Europe. Exposure to off-balance losses remains a key issue. Europe, surprisingly, has been and remains the major issuer of collateralised synthetic obligations that have been so prominent in the

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• OECD Journal: Financial Market Trends

Pourquoi une Norme mondiale en faveur d’une économie plus forte, plus saine et plus juste ?

L’éventail des instruments en vigueur énumérés et commentés dans ce document de 190 pages constitue un corpus extrêmement riche, notamment sous la forme de recommandations, de lignes directrices et de principes de pratiques exemplaires. En plus des instruments de l’OCDE comme la Convention anticorruption, les Principes de gouvernement d’entreprise et les Principes directeurs à l’intention des entreprises multinationales, ainsi que des

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The OECD’s effort to help build a stronger, cleaner and fairer global economy

The current economic crisis has exposed the deficiencies of economic global governance and the risk of having a highly integrated global economy with fragmented global economic decision-making and regulation. To improve our impact, we do need stronger, more inclusive and better coordinated international organisations, warned the OECD Secretary-General.

The general economic background to the crisis

This is the OECD Paper for Session 1 on ―How the global economy headed into crisis‖ at the G20 Workshop on the Causes of the Crisis: Key Lessons Mumbai.

L'OCDE et le Sommet du G20 à Londres en 2009

L’OCDE a travaillé en coulisse avec les gouvernements des pays du G20 et d’autres organisations internationales pour contribuer à la réalisation de ces objectifs et à notre mission collective de construction d’une économie mondiale plus forte, plus propre et plus juste.

OECD Good Practices on Financial Education and Awareness Relating to Credit

OECD Good Practices on Financial Education and Awareness Relating to Credit, OECD, 2009

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L’effet des crises financières sur la production potentielle: nouvelle analyse empirique sur les pays de l’OCDE

L’objectif de ce papier est d’estimer l’effet des crises financières sur la production potentielle.

OECD/IEFP Symposium on Financial Education

Financial markets and services are playing a greater social and economic role in the daily life of the average individual. One of the challenges is to move from raising awareness on financial issues to actually changing consumers’ behaviours, notably by integrating financial literacy into school curricula, according to Mr. Gurría.

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• Third meeting of the International Network on Financial Education

Third meeting of the International Network on Financial Education

If we consider the rapid pace of financial innovation, the growing complexity of financial products, and the increasing amount and size of financial risks and responsibilities transferred to households, consumers need to be better equipped to make good, informed and rational financial decisions, according to Mr Gurría.

Expanded Government Guarantees for Bank Liabilities: Selected Issues

Government provision of a safety net for financial institutions has been a key element of the policy response to the current crisis. In the process, existing guarantees have been expanded and new ones introduced, including, in particular, in relation to bank liabilities. Among other things, such guarantees create costs that arise as a result of potential distortions of incentives and competition. To limit such distortions it is