The financial crisis : reform and exit strategies.

Format:

Book

Government document

Author/Creator:

Organisation for Economic Co-operation and Development.

Contributor:

Organisation for Economic Co-operation and Development.

Language:

English

Subjects (All):

Financial crises.

Business cycles.

Physical Description:

1 online resource (100 p. )

Place of Publication:

Paris : OECD, c2009.

Language Note:

English

Summary:

The financial crisis required governments to make massive interventions in their financial systems. This book sets out priorities for reforming incentives in financial markets as well as for phasing out these emergency measures.

Contents:

Summary of Main Themes

Reform Principles

Exit Strategy Principles

I. Introduction

II. Priorities for Reforming Incentives in Financial Markets

-A. Strengthen the regulatory framework

B. Focus on integrity and transparency in financial markets

C. Strengthen capital adequacy rules

D. Strengthen understanding of how tax policies affect the soundness of financial markets

E. Ensure Accountability to Owners who’s Capital is at Risk

F. Corporate Structures for Complex Financial Firms

G. Strengthening financial education programmes and consumer protection

III Phasing Out Emergency Measures

A. The timeline for phasing out emergency measures

B. Roll-back measures in the financial sector

C. Fostering corporate structures for stability and competition

D. Strengthening corporate governance

E. Privatising recapitalised banks

F. Getting privatisation right

G. Maximising recovery from bad assets

H. Reinforcing pension arrangements

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references.

ISBN:

1-282-39611-0

9786612396113

92-64-07301-9