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JOBS: Invest in youth to tackle crisis

15-Dec-2010The global economy is recovering but youth unemployment is getting worse. Young people are more than twice as likely to be unemployed as the average worker, yet few governments are taking proactive steps to boost youth employment.Read more

BUDGET DEFICITS: What governments are doing

© Reuters

10-Dec-2010Public finances are under pressure around the world. We asked finance ministers from a range of countries: “What actions is your government taking to bolster public finances, while upholding growth and services?”Read more

EURO AREA: Urgent action needed to restore stability

13-Dec-2010As the euro area recovers from a severe recession, major reforms are now needed to restore confidence and stability, says the latest OECD Economic Survey of the Euro Area. Tackling economic, fiscal and financial imbalances will be key.Read more

FINANCIAL CRISIS: Few easy solutions

©REUTERS/Toru Hanai

12-Dec-2010The financial system has still not fully recovered. Major questions remain over how banks operate and are regulated. The solutions must be found, argues William R. White, Chair of the OECD Economic and Development Review Committee.Read more

GROWTH: It doesn’t have to cost the earth

©REUTERS/ChristianHartmann

01-Dec-2010“We must be able to grow our economy in ways that the earth can sustain. That means growth without carbon and using the earth’s amazing larder of natural resources in ways that keep ecosystems healthy.” says WWF chief James P. LeapeRead more

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Focus

France marks OECD 50th anniversary

© Reuters President Nicolas Sarkozy and Secretary-General Angel Gurría celebrate the 50th anniversary of the OECD at the Elysée Palace, 13 Dec. President Sarkozy praised the role of the OECD in support of the G20, which France now presides.

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Key issues

Restoring public finances

How can governments restore public finances and promote sustainable growth? With budget deficits stretched and high public debt, a mix of policies will be needed for progress to be made.

Boosting jobs and skills

The crisis is likely to have changed the job market forever. Not only will people have to work till later in life, they will have to improve their skills too. This poses several policy challenges.

Restoring public trust

The crisis revealed serious fissures in the world economy, and failures in governance and regulation. As livelihoods collapsed, there was a loss of public trust. Action is needed to restore it.

New sources of growth

We need growth if we are to end the crisis and create jobs. But where will that growth come from? What about climate change and development? How can cleaner, smarter economic activity be unleashed?

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