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OECD-Bank Indonesia International Conference on Financial Education

from 21-Oct-2008 to 22-Oct-2008

This conference aimed to promote international discussion on financial education among key stakeholders, especially in the context of the rapid changes in Asian economies, resulting in a wider array of financial services (often credit products) now being offered to a large number of inexperienced consumers.

OECD Secretary-General Angel Gurría calls for restoring economic growth path

15-Oct-2008

OECD welcomes the co-ordinated efforts of political leaders and financial authorities to address issues of liquidity, solvency and recapitalisation of the financial system. Looking beyond crisis management, Mr Gurría said the OECD will focus on the structural implications of the financial crisis, including a more holistic culture of risk management, compensation issues, accountable management, and more effective regulation. “We will also make proposals for improved financial education and risk awareness to restore the confidence of consumers of financial services,” he added.

The global economy and OECD: distilling lessons from a financial crisis

02-Oct-2008

Speaking on the occasion of an annual report to the Parliamentary Assembly of the Council of Europe on the outlook for the world economy, OECD Secretary-General Angel Gurría spoke about the impact of the financial crisis and OECD's work to produce a more inclusive globalisation.

Financial crisis and deposit insurance guarantees in OECD countries

01-Oct-2008

Data and analysis on deposit insurance in OECD countries, including comparative tables on different levels of savings guaranteed. First published in June 2008 as a chapter in Financial Market Trends 94.

OECD’s Gurría launches drive to raise corporate governance standards

25-Sep-2008

Good corporate governance is one of the keys to healthy financial markets in today’s globalised economy. Amid current market turmoil, OECD Secretary-General Angel Gurría has called for a new drive to raise standards and performance in this area.

Statement by the Secretary-General of the OECD, Mr. Angel Gurría, on the Financial Crisis and its Aftermath

23-Sep-2008

OECD Secretary-General Angel Gurría welcomes and supports the systemic rescue plan for financial markets announced by the US Government, which he says will contribute to stabilizing the U.S. and world economies.

Have long-term financial trends changed the transmission of monetary policy?

08-Sep-2008

This paper addresses the question of whether and how long-term financial trends may have modified the transmission mechanism from monetary policy decisions to economic activity. The focus is on long-term changes, abstracting from the disruptions created by the 2007-08 financial turmoil which are temporarily affecting the transmission mechanism.

Indonesia: Growth performance and policy challenges

23-Sep-2008

Indonesia’s growth performance is improving, following a slow recovery from the 1997-98 financial crisis. Investment is picking up, despite considerable business climate obstacles to entrepreneurship. This paper argues that the main barriers to raising the economy’s growth potential are to be found on the supply side of the economy.

Quantifying the effect of financial conditions on US activity

15-Sep-2008

This paper constructs a broad measure of financial conditions for the United States which suggests that since the onset of the credit crisis there has been a marked tightening in financial conditions, despite a substantial easing of policy rates and a depreciation of the dollar.

Improving Financial Education and Awareness on Insurance and Private Pensions

28-Aug-2008

This publication analyses the level of financial risk awareness of consumers and highlights good practices governments might initiate to enhance consumers' awareness and education on insurance and private pensions issues.

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Financial crisis: Save our savings

Amid the worst current financial crisis since the 1930s, EU leaders have pledged to protect savers’ deposits. Already most OECD countries have explicit deposit insurance schemes for savings up to certain limits. In a number of countries these have now been raised temporarily.

Click here to see how countries compare.
How did the financial crisis turn into a global economic downturn?

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Improving Financial Education and Awareness on Insurance and Private Pensions

June 2008

Trends and prospects in international and major domestic financial markets

Financial Market Trends