Institutional investors (insurance companies, investment companies and pension funds) have been gaining in importance in both OECD and non-OECD countries. The institutionalisation of savings is having a profound impact on the structure and functioning of capital markets. Institutional investors...

Summary of main themes : Reform principles ; Exit strategy principles -- 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...

Within the context of sustainable development, natural resources and ecosystem services provided by the environment are essential to support economic growth social wellbeing, and human health. Inaction on key environmental challenges, such as climate change, could lead to severe economic...

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.