The increasing use of digital technologies in economic activities - while creating significant benefits in terms of productivity and efficiency - is also leading to significant risks including the potential for digital security or cyber incidents to compromise the confidentiality, integrity and availability of information and information systems. While not a substitute for investing in cyber security and risk management, insurance coverage for cyber risk can make an important contribution to the management of cyber risk by promoting awareness about exposure to cyber losses, sharing expertise on risk management, encouraging investment in risk reduction and facilitating the response to cyber incidents. This report provides an overview of the financial impact of cyber incidents, the coverage of cyber risk available in the insurance market, the challenges to market development and initiatives aimed at addressing those challenges. It includes a number of policy recommendations aimed at supporting the development of the cyber insurance market and making a contribution to improving the management of cyber risk.
19/10/2017 - Stock exchanges in Asia have emerged as the world's fastest growing trading venues for listed stocks and several domestic investment banks in the region are becoming global actors. This new annual review follows and analyses trends in Asian public equity markets.
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Stock exchanges in Asia have emerged as the world's fastest growing trading venues for listed stocks and several domestic investment banks in the region are becoming global actors. This new annual review follows and analyses trends in Asian public equity markets.
For over 50 years, the Code has provided a balanced framework for countries to progressively remove unnecessary barriers to the movement of capital, while providing flexibility to cope with situations of economic and financial instability. In March 2016, adhering countries adopted terms of reference for a review of the Code with a view to strengthening it and ensuring its continued relevance.
This publication puts forward a research agenda advocating the importance of market competition, effective market regulation and competition policies for achieving inclusive growth and shared prosperity in emerging and developing economies. It is the result of a global partnership and shared commitment between the World Bank Group and the OECD.
Investment in clean energy infrastructure needs to be scaled up to support the broader development, economic and climate agenda. This will require leveraging private investment, however investment in this area remains constrained by barriers, including market and government failures. This page describes what tools the OECD provides to governments to create an enabling environment for investment flows to clean energy infrastructure.
Long-term capital is in short supply and has become increasingly so since the 2008 financial crisis. This has profound implications for growth and financial stability. The OECD is exploring these issues in depth.