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

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.

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.