Publications


  • 23-April-2015

    English

    State-Owned Enterprises in the Development Process

    This publication is a first response of the OECD to the issue of what role is, or can be, assigned to SOEs as part of national development strategies. The first part of the publication overviews the experiences of five countries (Brazil, China, India, Singapore and South Africa) with using SOEs, and other government-controlled entities as agents of their development strategies. The second part reviews the growing internationalisation of SOEs through foreign trade and investment. These show implications that the usefulness of SOEs in promoting economic development hinges on a number of factors, not least the level of economic development at the beginning of the process. Indeed, if the government’s ambition is to follow a development path already trod by numerous comparable nations it is relatively easy to hammer out a strategy and provide the SOEs with company-specific objectives toward the fulfilment of the strategy. However, experience also shows that some crucial conditions generally need to be met for such SOE-based strategies to be successful, taking into account the capacity of national bureaucracies and avoiding possible adverse impacts on international trade and investment. 
  • 15-April-2015

    English, PDF, 1,267kb

    Anti-corruption reforms in Kyrgyzstan: Istanbul Anti-Corruption Action Plan Round 3 Monitoring Report, 2015

    The Istanbul Anti-Corruption Action Plan reviews the legal and institutional frameworks for fighting corruption, makes recommendations and monitors progress in implementing the recommendations. This report contains the results of round 3 monitoring in Kyrgyzstan.

  • 15-April-2015

    English, PDF, 3,670kb

    Anti-corruption reforms in Ukraine: Istanbul Anti-Corruption Action Plan Round 3 Monitoring Report, 2015

    The Istanbul Anti-Corruption Action Plan reviews the legal and institutional frameworks for fighting corruption, makes recommendations and monitors progress in implementing the recommendations. This report contains the results of round 3 monitoring in Ukraine.

  • 7-April-2015

    English, PDF, 374kb

    Why implicit bank debt guarantees matter: Some empirical evidence

    What are the economic effects of implicit bank debt guarantees and who ultimately benefits? This report sheds light on these questions

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  • 7-April-2015

    English, PDF, 929kb

    Unlocking SME finance through market-based debt

    Small and medium-sized enterprises (SMEs) are key contributors to economic growth and job creation. The current economic and financial crisis has reduced bank lending and has affected SMEs in particular. Capital markets will have to play a bigger role in financing SMEs in order to make them more resilient to financial shocks. This article reviews the spectrum of alternative market-based debt instruments for SME financing.

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  • 2-April-2015

    English, PDF, 302kb

    Tracing the origins of the financial crisis

    More than half a decade has passed since the most significant economic crisis of our lifetimes and a plethora of different interpretations has been offered about its origins. This paper consolidates the stylised facts put forward so far into a concise and coherent meta-narrative.

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