CHALLENGE NO. 2 - Stock markets have traditionally played a central role in supporting investment financing, growth and jobs. They also allow households to participate in the growth of the economy. However, recent developments in the way that stock markets actually function make it necessary to challenge some of that conventional wisdom. These developments include market fragmentation, increased use of dark pools, high-frequency trading and co-location which some claim have eroded trust in stock markets as a level playing field where all investors have the same opportunities.
How could better functioning stock markets improve the quality of life as measured by the OECD's Better Life Initiative? Does the current stock market structure create an unlevel playing field among investors? Does the increasing complexity of stock markets have an adverse impact on investor confidence in the fairness and transparency of stock markets? This challenge closed on 1 September 2014.
CHALLENGE NO.1 Competition policy is about making business more competitive, whether through reforming government policies that restrict competition, or applying competition law against cartels and other abuses. How could competition policy affect the quality of life as measured by the OECD's Better Life Initiative? How can competition policy help make the lives of citizens better? This challenge closed on 31 March 2014.
Are our lives getting better? How can policies improve our lives? Are we measuring the right things? This Initiative focuses on understanding what drives the well-being of people and nations and what needs to be done to achieve greater progress for all. Read more