In Latin America and the Caribbean, pension systems are facing great challenges, both social and economic, with respect to their coverage and sustainability.
English, , 587kb
Presentation at "Different dimensions of the quality of life, Turning Economic Growth into Better Quality of Life in Europe" Brussels on 14th September 2010.
In his remarks to the Central Bank of Greece, Mr. Gurría offered the OECD support, expertise, and policy experience to help Greece modernise its economy and put it on a path of sustained growth.
Solange Berstein talks about what other countries can learn from Chile's pensions reforms of the past 12 months.
Fiona Stewart discusses the impact of the crisis on pensions funds and what needs to be done.
Policy makers are now facing the challenge of providing a short-term response to the crisis without losing sight of the longer-term structural reforms needed to put pension and healthcare systems on a solid footing in light of population ageing. According to Mr. Gurría, we need pension funds to be more transparent and better regulated but we also need structural reforms in the public pension policies and health care systems.
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.
English, , 346kb
Sovereign Wealth Funds (SWFs) are pools of assets owned and managed directly or indirectly by governments to achieve national objectives. These funds have raised concerns about financial stability, corporate governance and political interference and protectionism.This presentation by Adrian Blundell-Wignall, Yu-Wei Hu, and Juan Yermo was prepared for the Global Pension Summit which took place on 28-29 February 2008 at the Suzou Garden