The financial crisis
Subtitle: reform and exit strategies
Contributors: Organisation for Economic Co-operation and Development. Directorate for Financial and Enterprise Affairs; SourceOECD (Online service)
Publisher: OECD
Published: 2009
Place of publication: Paris
Language: eng
Number of pages: 99
ISBN-13: 9789264073012; 9789264073036
Subjects: Financial institutions; Government policy; Finance; State supervision; Money market; Financial crises; Global Financial Crisis, 2008-2009
Description: 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.
Notes: "This work is published on the responsibility of the Secretary-General of the OECD"--T.p. verso.

"Also available in French under the title: La crise financière : réforme et stratégie de sortie"--T.p. verso.

"Corrigenda to OECD publications may be found online at: www.oecd.org/publishing/corrigenda"--T.p. verso.

"This book was written by a group of authors in the OECD's Directorate for Financial and Enterprise Affairs"--Acknowledgements.

OECD code: 21 2009 03 1 P

Includes bibliographical references (p. 98-99).

Also available online to subscribers.
Table of contents: title: Summary of main themes : Reform principles ; Exit strategy principles; title: Priorities for reforming incentives in financial markets:  Strengthen the regulatory framework ; Focus on integrity and transparency in financial markets ; Strengthen capital adequacy rules ; Strengthen understanding of how tax policies affect the soundness of financial markets ; Ensure accountability to owners whose capital is at risk ; Corporate structures for complex financial firms ; Strengthening financial education programmes and consumer protection; title: Phasing out emergency measures: The timeline for phasing out emergency measures ; Roll-back measures in the financial sector ; Fostering corporate structures for stability and competition ; Strengthening corporate governance ; Privatising recapitalised banks ; Getting privatisation right ; Maximising recovery from bad assets ; Reinforcing pension arrangements.