The now totally discredited OECD has started a special section of their WWW site which they call – Restoring public finances. Many person-hours of labour have gone into its construction and the documents and “analysis” (so-called) that you can access there. They even have an article from ECB boss Jean-Claude Trichet which would be laughable if it wasn’t so damaging (given his influence). The OECD is another of those organisations (such as the IMF) that promoted policy agendas (deregulation etc) which not only entrenched persistently high unemployment during the growth year but also set in place the conditions that ultimately led to the crisis. But like a drunk who sneaks a drink then denies it, the OECD seems incapable of introspection and acknowledging that it is part of the problem not the solution. Its policy agenda caused the crisis. Now it is lecturing the world in aggressive tones about how its policy agenda (unchanged) should be ramped up even more vigorously. My view is that OECD should just close its doors and its staff should be redeployed into productive activities.