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Global current account imbalances widened markedly in the years preceding the global economic crisis.
Read about OECD efforts to help governments improve the domestic and global policies that affect business and markets in the wake of the global economic crisis.
The journal is a unique resource for competition experts. It provides insight into the thinking of competition law enforcers while focusing on the pratical application of competition law and policy.
This report reviews Brazil's competition policy system and highlights what more could be done to implement the structural changes envisaged in the proposed revisions to Brazil’s competition law.
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This review assesses how the country deals with competition and regulatory issues, from the soundness of its competition law to the structure and effectiveness of its competition institutions.
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.
In its latest publication, Development of Competitive Gas Trading in Continental Europe, the IEA examines the history of major gas markets’ development in OECD Europe, and explores the possible expansion of trading through the mechanism of different hubs across the region. Lessons learned from North American markets on the benefits of regulatory convergence and investor-friendly legal framework are an important part of the analysis. Competitive trading based on transparent, non-discriminatory rules in a flexible and integrated European gas market will lead to more efficiency, timely investment, and greater market resilience, therefore ensuring more security for both customers and suppliers in the long term.
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This report describes why occupational pensions play a major role in OECD countries and worldwide, complementing retirement income from state sources. Their financial importance is highlighted by the volume of assets they manage on behalf of plan members, USD 22 trillion at the end of 2008. Population ageing has also led many OECD countries to undertake a wide range of pension reforms – the overall effect of which has been to reduce
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The OECD has been developing a response to the crisis that is holistic, looking atfinancial market issues, and the wide variety of factors that led to damaging incentive structures, as well as the requirements for broader macro and fiscal policies. The crisis has led to a variety of emergency financial measures such as loans, guarantees, and nationalisations. For financial markets, the focus is on exit strategies that are consistent
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The financial crisis that started in the summer of 2007 is shaking the world’s economic system. It started in the financial sector, but is now having an important impact on the real economy. This paper discusses the role of competition policy in times of systemic financial crises, focusing mainly on the financial sector but also looks at the applicability of competition policy to the real sector.