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Systemic financial crises are a recurrent phenomenon, and despite regulatory efforts they are likely to occur again. This report compares the ex ante funding of deposit insurance schemes in a selection of countries, highlighting the “funding gap” left by these arrangements in the recent systemic financial crisis. To fill that gap, different approaches have been adopted across countries in the recent crisis. Where support for the
To mark International Anti-Corruption Day (9 December 2010), German Minister of Economic Cooperation and Development Hans-Jürgen Beerfeltz participated in a special anti-corruption event in Bonn.
In his remarks, A. Gurría said that countries need to be ambitious in taking unilateral actions and that a cost-effective approach to reducing emissions could cost just a fraction of a percentage point of GDP per year.
Jointly published by the OECD and the IDB, this report and its recommendations reflect the broad consultations held with key stakeholders in Panama. It sets out recommendations to improve Panama’s competition regime such as increasing efforts to fight cartels and strengthening public understanding of the importance of competition. It is available in English and Spanish.
Some countries are reconsidering their approach to the provision of sustainable and adequate pensions. OECD experts have reiterated several key recommendations that should be taken into account during this process.
The 2010 edition of the annual report on the OECD Guidelines for Multinational Enterprises focuses on 3 core issues being considered during the update of the Guidelines - supply chains, human rights, and climate change.
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During the financial crisis many governments aided both the financial and non-financial sectors in their countries on an unprecedented scale. These emergency measures have in some cases taken precedence over competition rules. In particular the fact that governments helped some banks but not others has weakened competition in some markets, with “too big to fail” institutions commanding a higher market share than previously. This has
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This document reviews the competition policy implications of increasing penetration of renewable energy. It includes submissions from Bulgaria, the Czech Republic, the European Union, France, Greece, Hungary, Japan, the Netherlands, New Zealand, Norway, Russia, Spain, the United Kingdom, the United States and business.
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This newsletter focuses on global international investment activity, G20 investment measures, state-controlled investors and immunity, investing in a low-carbon economy, boosting investment in agriculture, economic diversification in Africa, ending trade in conflict minerals, and more.
In this interview, Prof Zheng, a renowned Chinese expert on pensions, discusses the necessary reforms – in particular tax reforms – that are needed in order to further develop private pensions in China. The enterprise annuity system, as the private pension system in China is called, should become a key part of the retirement income system, but there are some obstacles that needs to be addressed first.