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  • 24-January-2019

    English

    OECD Capital Market Review of Italy

    This report maps the corporate landscape, provides a detailed analysis of how Italian companies use public equity markets, corporate bond markets, market intermediaries and the functioning of secondary markets. It identifies areas for reform that will allow the authorities to remove impediments to capital market development with a view to supporting sustainable growth, job creation and corporate investment.

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  • 24-January-2019

    English, PDF, 2,693kb

    Corporate Governance Frameworks in Cambodia, Lao PDR, Myanmar and Viet Nam

    This report takes stock of corporate governance frameworks in four countries: Cambodia, Lao PDR, Myanmar and Viet Nam as part of the OECD-Southeast Asia Corporate Governance Initiative.

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  • 15-January-2019

    English

    Initial Coin Offerings (ICOs) for SME Financing

    This report analyses the emergence and potential of ICOs as a financing mechanism for start-ups and small and medium-sized enterprises (SMEs), examines the benefits and challenges of this mechanism for small businesses and investors, and discusses policy implications of ICO activity for inclusive financing of SMEs and the real economy.

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  • 15-January-2019

    English

    SME financing

    Small and medium-sized enterprises (SMEs) are key contributors to economic growth and job creation. OECD work on the financing of SMEs has intensified following the recent economic and financial crisis and in light of the emergence of FinTech and blockchain technologies.

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  • 21-December-2018

    English

    OECD Competition Assessment Reviews: Portugal - Volume II - Self-Regulated Professions

    Portugal’s services markets are among the most heavily regulated in the OECD. As vital inputs into the business sector, services provided by professionals, such as lawyers and engineers, generate up to 1.8 times their value in outputs by firms that use them. However, structural flaws in the regulation make professional services highly expensive for firms, diminishing their ability to compete effectively. Regulatory restrictions also hamper innovation and efficiency within the professions. Against this backdrop, this report examines regulations for 13 self-regulated professions (lawyers, solicitors, notaries, bailiffs, architects, engineers, technical engineers, certified accountants, auditors, economists, customs brokers, nutritionists and pharmacists). From 923 pieces of legislation analysed, the report makes 348 individual recommendations for amending or removing provisions to improve competition, and makes a detailed inventory of the analysis underlying the work. Analysis of Portuguese legislation and professions was complemented by research into international experiences and wide consultations with stakeholders from the public and private sectors. The OECD recommendations aim to remove or modify overly restrictive provisions in order to facilitate the access or exercise of the professions, to benefit businesses and consumers alike. This report identifies the sources of those benefits and gives estimates of their impact. Provided all recommendations are fully implemented, the benefit to the economy from lifting the barriers in the 13 liberal professions is estimated at around EUR 130 million a year.
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