Policy Briefs


  • 22-April-2015

    English, PDF, 367kb

    Portugal Policy Brief: Undertaking a Comprehensive Assessment to Identify Growth Enhancing Reforms

    Recent structural reforms have improved Portugal’s competitiveness and long-term growth prospects. However, this generally positive message conceals significant variations between sectors and also obscures the very substantial opportunities that further reforms can bring.

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  • 16-September-2014

    English, PDF, 659kb

    Policy Brief: Taxing Multinational Enterprises - Base Erosion and Profit Shifting (BEPS) II

    The September 2014 update on the BEPS Action Plan, including the delivery of the first set of measures from the BEPS Project as well as enhanced engagement with developing countries.

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  • 8-September-2014

    English, PDF, 509kb

    Policy Brief: Taxing Multinational Enterprises - Base Erosion and Profit Shifting (BEPS)

    BEPS strategies often take advantage of the interaction between the tax rules of different jurisdictions, so only an internationally co-ordinated effort can effectively respond to this issue. The BEPS Action Plan is based on three core principles: coherence, substance and transparency, and sets forth 15 actions to fundamentally change the rules for the taxation of cross-border profits.

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  • 4-March-2011

    English, , 354kb

    The Impact of Structural Reforms on Current Account Imbalances, Economics Department Policy Note No. 3

    Global current account imbalances widened markedly in the years preceding the global economic crisis.

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  • 4-June-2007

    English, , 159kb

    Policy Brief: Competition Policy and Concessions

    Governments have long been engaged in providing goods or services to their citizens that could, in some form, be provided by the private sector. The trend over the past few decades, however, has been to transfer these functions, and the state-owned assets used to provide them, to private hands. The most common method, and the one usually preferred, is privatisation, or outright sale or transfer of ownership of the relevant assets to

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  • 4-June-2007

    English, , 169kb

    Policy Brief: Prosecuting Cartels without Direct Evidence of Agreement

    Cartels are agreements among competitors fixing prices, allocating markets or rigging tenders (bids). They are the most harmful of all types of competition law violations and should be sanctioned severely. Cartel cases are unique. The most important part of a cartel case is simply proving that such an agreement existed. But getting direct evidence of a cartel agreement can be difficult. Cartel operators work in secret and often do not

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  • 16-January-2007

    English, Excel, 142kb

    Policy Brief: Competition and Barriers to Entry

    Before a firm can compete in a market, it has to be able to enter it. Many markets have at least some impediments that make it more difficult for a firm to enter a market. A debate over how to define the term “barriers to entry” began decades ago, however, and it has yet to be won. Some scholars have argued, for example, that an obstacle is not an entry barrier if incumbent firms faced it when they entered the market. Others contend

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