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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.
France should do more to ease the transition of unskilled young people into employment. The government should give priority to helping young people the furthest removed from the job market and to strengthening the social protection of the most disadvantaged, according to a new report by the OECD.
Luxembourg has signed an agreement for the exchange of bank information on request in all tax matters with the U.S., marking a major step forward in international efforts to counter tax evasion.
With world trade volumes likely to shrink by as much as 13 percent in 2009 from 2008 levels, the OECD is urging governments to avoid protectionist measures and keep markets open in order to allow economies to benefit from the recovery when it comes.
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.
Improving competitiveness is essential to the future prosperity of Japan’s agricultural sector, according to a new OECD report.
Angel Gurría, Secrétaire général de l’OCDE ; Laurent Wauquiez, Secrétaire d’Etat à l’emploi ; et Martin Hirsch, Haut commissaire à la jeunesse, présenteront les conclusions de ce rapport lors d’une conférence de presse au ministère de l’économie et des finances à Bercy, ce même jour à 16h30.
Governments must urgently adapt their labour market policies to help their most vulnerable citizens in the economic crisis.
The economic crisis has generated an urgent need to restore confidence in our future and make the world economy stronger, cleaner and fairer. There is growing political consensus on the need to develop a set of common principles and standards in order to ensure a more stable and sustainable development of the global economy, according to the OECD Secretary-General.