Publications & Documents


  • 20-January-2010

    English, , 3,961kb

    Compilation on Informal Economies -- No. 100

    Different definitions have been employed in order to capture different aspects of the informal economy. It often comprises a substantial share of GDP in many developing countries. Many researchers are concerned that informal firms negatively impact an economy because they are typically less productive than formal firms. Informal firms which fail to comply with various economic regulations or which fail to meet their tax obligations

  • 20-January-2010

    English, , 2,206kb

    Compilation on National Champions -- No. 96

    It is often said that competition policy protects competition, not individual competitors. Policies that support this concept promote consumer welfare, choice and efficiency. How sharply does industrial policy conflict with this? Industrial policy creates or favours national champions; yet it purports to have the same goals and produce many of the same benefits for the market. This roundtable examined the tensions and interesting

  • 19-January-2010

    English

    Bribery: Impact and Prevention, Chatham House Conference, 19 January 2010

    OECD Deputy Secretary-General Richard Boucher and the United Kingdom’s Secretary of Justice the Rt Hon Jack Straw MP and UK Permanent Representative to the OECD Dominic Martin talked about the challenges of tackling bribery at a conference in Chatham House

  • 18-January-2010

    English, , 433kb

    Portugal - Phase 2 written follow-up to the Report on Implementation of the OECD Anti-Bribery Convention

    This report outlines Portugal's response to the recommendations and follow-up issues identified by the Working Group at the time of Portugal's Phase 2 examination in March 2007.

    Related Documents
  • 18-January-2010

    English

    OECD Demands the Slovak Republic establish corporate liability for foreign bribery

    The OECD Working Group on Bribery sharply criticised the Slovak Republic’s failure to bring its anti-bribery law on corporate liability into line with its international obligations under the OECD Anti-Bribery Convention.

  • 8-January-2010

    English, , 467kb

    The Elephant in the Room: The Need to Deal with What Banks Do

    Contagion risk and counterparty failure have been the main hallmarks of the current crisis. While some large diversified banks that focused mainly on commercial banking survived very well, others suffered crippling losses. Sound corporate governance and strong risk-management culture should enable banks to avoid excessive leverage and risk taking. The question is whether there is a better way, via leverage rules or rules on the

  • 8-January-2010

    English, , 191kb

    Regulatory Issues related to Financial Innovation

    This note explores various regulatory issues related to financial innovation. It starts from a premise that financial innovations are neither always helpful (or benign) nor always threatening. Innovations have the potential to provide for a more efficient allocation of resources and thereby a higher level of capital productivity and economic growth. Many financial innovations have had this effect. But others have not. Examples of the

  • 8-January-2010

    English, , 13,019kb

    Policy Framework for Effective and Efficient Financial Regulation: General Guidance and High-Level Checklist

    The structure and operation of the financial system have undergone marked changes in the past couple of decades, driven by dramatic improvements in technology, rapid product innovation, integration of financial systems, competition in financial services, and policy, regulatory, and trade reforms. The Policy Framework for Effective and Efficient Financial Regulation, supported by General Guidance and a High-Level Checklist, is a tool

  • 8-January-2010

    English, , 976kb

    Current and Structural Developments in the Financial Systems of OECD Enhanced Engagement Countries

    This paper discusses the financial systems of OECD Enhanced Engagement Countries (EE5: Brazil, China, India, Indonesia, and South Africa). Rather than providing a comprehensive survey of each financial system, it is designed to highlight some of the salient features of EE5 financial systems, emphasising those aspects of the system that these countries have in common and those that are different from those in OECD countries. While

  • 7-January-2010

    English, , 538kb

    OECD Sovereign Borrowing Outlook 2009: Revised estimates for 2009 and 2010

    OECD governments are facing ongoing, unprecedented challenges in raising large volumes of funds at lowest possible cost, while balancing refinancing, repricing and interest rate risks. Gross borrowing needs of OECD governments are expected to reach almost USD 16 trillion in 2009, up from an earlier estimate of around USD 12 trillion. The tentative outlook for 2010 shows a stabilising borrowing picture at around the level of USD 16

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