Japanese banks largely avoided the direct impact from the global financial crisis thanks to their limited exposure to foreign toxic assets, the regulatory framework in Japan and the small role of securitisation.
Prices for many goods and services in Belgium are higher than in other countries, reflecting generally weak competitive pressures.
This paper examines how a range of stability-oriented regulatory policies for banking and insurance are related to selected stability and competition outcomes in these sectors.
While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries has been less rapid than in several other emerging markets.
This paper discusses the policy imperatives in the short term, in the face of the ongoing economic crisis, and reforms that could be implemented over the longer term to improve the efficiency and resilience of the financial system and raise Russia’s potential growth rate.
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This seminar explored how to detect and prevent bid rigging in public procurement using the OECD Guidelines for Fighting Bid Rigging. A variety of case studies in which procurement officials detected bid rigging or designed procedures for preventing bid rigging will be discussed. Key focal areas for the seminar are investigative best practices and techniques, leniency programs, trade associations, and the use of indirect evidence.
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This paper discusses how governments can “seize the moment” of the economic crisis to suggest and implement structural reforms. It examines the particular challenges to reform – and possible solutions to those challenges.
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Settlements procedures may pursue different policy objectives in different OECD jurisdictions. Generally, they reward cooperation from the investigated parties, they create and sustain momentum in the investigation of other conspirators and they allow cartel cases to be resolved quickly. In some jurisdictions, settlements also offer “finality”, i.e. they offer companies certainty as to the outcome of the investigation and allow them
Why are some policy reforms implemented while others languish? This new report aims to answer this important question by looking backwards -- at 20 structural reform efforts in 10 OECD countries, during the past two decades. This page presents the principle messages of the study.
Why are some policy reforms implemented while others languish? This new report aims to answer this important question by looking backwards - at 20 structural reform efforts in 10 OECD countries, during the past two decades. The case studies cover a wide variety of reform attempts in three key areas - pensions, labour-, and product-market regulation.