Cover story

A chronology of the crisis told through the covers of the OECD Observer

These covers of the OECD Observer magazine, which followed the crisis as it unfolded, capture the story over 10 years, including the damage it wreaked on people and the exploration of new models, promising better policies for better lives. They offer a handy snapshot to mark the 10th anniversary of the fall of Lehman Bros on 15 September 2008 and the onslaught of what has been widely described as the worst crisis of our lifetimes. 

Scroll down and read viewpoints that remain pertinent today, or click on the cover of your choice to read the full issue. 


From the financial crisis to the economic downturn

Editorial by Angel Gurría, Secretary-General of the OECD

Rebalancing the wealth of nations

Javier Santiso, Director and Chief Economist of the OECD Development Centre


Making a real recovery happen

Editorial by Angel Gurría, Secretary-General of the OECD

Development aid: The funding challenge

OECD Observer


Jobs are the bottom line of the global crisis

Editorial by Angel Gurría, Secretary-General of the OECD

Jobs crisis: Policies that work

John P. Martin, OECD Directorate for Employment, Labour and Social Affairs


The challenges ahead

Editorial by Angel Gurría, Secretary-General of the OECD

Is financial stability enough?

William R. White, Chair of the OECD Economic and Development Review Committee


The confidence factor

Editorial by Angel Gurría, Secretary-General of the OECD

Strengthening recovery, new risks

Pier Carlo Padoan, OECD Chief Economist


Building our future together

Editorial by Angel Gurría, Secretary-General of the OECD

Better measures for better lives

OECD Observer


Tackling inequality

Editorial by Angel Gurría, Secretary-General of the OECD

Inequality: Why the struggle matters

Ricardo Tejada


New approaches to bring all on board!

Editorial by Angel Gurría, Secretary-General of the OECD

A new vision of growth and well-being

Pier Carlo Padoan, Chief Economist and Deputy Secretary-General of the OECD


Action for youth

Editorial by Angel Gurría, Secretary-General of the OECD

It’s all about people

Espen Barth Eide, Minister of Foreign Affairs, Norway


Why reform is the right option

Editorial by Angel Gurría, Secretary-General of the OECD

What an inclusive recovery needs is more, and better, jobs

Stefano Scarpetta, Director, OECD Directorate for Employment, Labour and Social Affairs


Building the conditions of a safer world

Editorial by Angel Gurría, Secretary-General of the OECD

The economic challenge: Shifting into higher gear and rebuilding the engines of growth

Catherine L. Mann, OECD Chief Economist


2016: The year of implementation

Editorial by Angel Gurría, Secretary-General of the OECD

It's a gig, but is it a job?

OECD Observer


©OECD Observer September 2018




Economic data

GDP growth: +0.6% Q2 2018 year-on-year
Consumer price inflation: 2.9% July 2018 annual
Trade: +2.7% exp, +3.0% imp, Q4 2017
Unemployment: 5.3% July 2018
Last update: 11 Sep 2018

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Don't miss

  • The new OECD Observer Crossword, with Myles Mellor. Try it online!
  • Watch the webcast of the final press conference of the OECD annual ministerial meeting 2018.
  • Listen to the "Robots are coming for our jobs" episode of The Guardian's "Chips with Everything podcast", in which The Guardian’s economics editor, Larry Elliott, and Jeremy Wyatt, a professor of robotics and artificial intelligence at the University of Birmingham, and Jordan Erica Webber, freelance journalist, discuss the findings of the new OECD report "Automation, skills use and training". Listen here.
  • Do we really know the difference between right and wrong? Alison Taylor of BSR and Susan Hawley of Corruption Watch tell us why it matters to play by the rules. Watch the recording of our Facebook live interview here.
  • Has public decision-making been hijacked by a privileged few? Watch the recording of our Facebook live interview with Stav Shaffir, MK (Zionist Union) Chair of the Knesset Committee on Transparency here.
  • Can a nudge help us make more ethical decisions? Watch the recording of our Facebook live interview with Saugatto Datta, managing director at ideas42 here.
  • Ambassador Aleksander Surdej, Permanent Representative of Poland to the OECD, was a guest on France 24’s English-language show “The Debate”, where he discussed French President Emmanuel Macron’s speech at the World Economic Forum in Davos.
  • The fight against tax evasion is gaining further momentum as Barbados, Côte d’Ivoire, Jamaica, Malaysia, Panama and Tunisia signed the BEPS Multilateral Convention on 24 January, bringing the total number of signatories to 78. The Convention strengthens existing tax treaties and reduces opportunities for tax avoidance by multinational enterprises.
  • Rousseau
  • Do you trust your government? The OECD’s How's life 2017 report finds that only 38% of people in OECD countries trust their government. How can we improve our old "Social contract?" Read more.
  • Papers show “past coming back to haunt us”: OECD Secretary-General Angel Gurria tells Sky News that the so-called "Paradise Papers" show a past coming back to haunt us, but one which is now being dismantled. Please watch the video.
  • Globalisation’s many benefits have been unequally shared, and public policy has struggled to keep up with a rapidly-shifting world. The OECD is working alongside governments and international organisations to help improve and harness the gains while tackling the root causes of inequality, and ensuring a level playing field globally. Please watch.
  • Checking out the job situation with the OECD scoreboard of labour market performances: do you want to know how your country compares with neighbours and competitors on income levels or employment?
  • Trade is an important point of focus in today’s international economy. This video presents facts and statistics from OECD’s most recent publications on this topic.
  • The OECD Gender Initiative examines existing barriers to gender equality in education, employment, and entrepreneurship. The gender portal monitors the progress made by governments to promote gender equality in both OECD and non-OECD countries and provides good practices based on analytical tools and reliable data.
  • Interested in a career in Paris at the OECD? The OECD is a major international organisation, with a mission to build better policies for better lives. With our hub based in one of the world's global cities and offices across continents, find out more at www.oecd.org/careers .
  • Visit the OECD Gender Data Portal. Selected indicators shedding light on gender inequalities in education, employment and entrepreneurship.

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NOTE: All signed articles in the OECD Observer express the opinions of the authors
and do not necessarily represent the official views of OECD member countries.

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