Entry by generic pharmaceuticals can enhance competition, but innovation should be, at the same time, enhanced by allowing innovators to obtain intellectual property rights on their originator drug. The Competition Committee discussed these issues in June 2014.
Air transport has radically evolved over the last two decades. Liberalisation and deregulation of the sector have facilitated the entry of new firms, which has had a positive impact on competition. The OECD Competition Committee discussed Airline Competition in June 2014.
What are the channels for investment in sustainable energy infrastructure by institutional investors (e.g. pension funds, insurance companies and sovereign wealth funds) and what factors influence investment decisions? What key policy levers and risk mitigants can governments use to facilitate these types of investments? What emerging channels (such as green bonds, YieldCos and direct project investment) hold significant promise for scaling up institutional investment?
This report develops a framework that classifies investments according to different types of financing instruments and investment funds, and highlights the risk mitigants and transaction enablers that intermediaries (such as public green investment banks and other public financial institutions) can use to mobilise institutionally held capital. This framework can also be used to identify where investments are or are not flowing, and focus attention on how governments can support the development of potentially promising investment channels and consider policy interventions that can make institutional investment in sustainable energy infrastructure more likely.
In today’s globalised economy, countries are more interconnected, which has implications for competition policy. Policy coordination and coherence are necessary in order to identify barriers to competition.
The symposium took place on 22-23 January 2015 in Tokyo, Japan, and addressed cutting-edge policy issues and research ideas to promote long-term financial planning through financial education.
English, PDF, 912kb
Investment treaty law reflects a permanent tension between stability and flexibility. Stability nurtures predictability, while flexibility helps legal systems stay in alignment with changing circumstances and evolving needs. This paper establishes an inventory of the mechanisms in investment treaty law that provide flexibility and surveys relevant treaty practice.
English, PDF, 481kb
“Why do financial institutions and investors see so little risk, while companies investing in the real economy see so much risk?” This is perhaps the most important question facing policy makers today. This paper sets out some of the possible hypotheses for lack of investment in the world economy. It uses data drawn from 10 000 global companies in 75 advanced and emerging countries.
Public comments received on the 2014/2015 Review of the OECD Principles of Corporate Governance
English, PDF, 994kb
Government-controlled investors, including state-owned enterprises and sovereign wealth funds, have greatly expanded their international activities in recent years. This paper describes the existing policy landscape of international investments by government-controlled investors under both national and international frameworks.
This report documents procurement regulations and practices in Mexico's main electricity company (Comisión Federal de Electricidad) and makes policy recommendations in key procurement areas.