Publications

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

Responding to the crisis: Changes in OECD primary market procedures and portfolio risk management

Tougher issuance conditions related to the surge in government borrowing needs are the reasons why issuance arrangements have not always been working as efficiently as before the crisis. This prompted debt management offices (DMOs) in the OECD area to review existing issuance policies and procedures. The crisis also had an impact on the use of indicators or guidelines relating to the key risks of the maturity structure of issuance or

India - Investment Policy Review - OECD

The Investment Policy Review of India charts India's progress in developing an effective policy framework to promote investment for development, especially since the acceleration of economic reform from 1991 onward. It focuses on policies towards investment, trade, competition and other elements of the business environment. Finally, it outlines some of the challenges of implementing national-level reforms at state level.

Competition Law and Policy in Colombia: A Peer Review

Jointly published by OECD and the IDB, this report reviews competition laws and policies in Colombia and concludes with recommendations for changes in government policy. “Peer review” is a core element of OECD work. The mechanisms of peer review vary, but it is founded upon the willingness of all OECD countries and their partners to submit their laws and policies to substantive questioning by other members. This report is also

Also Available

Derecho y Política de la Competencia en Colombia: Examen inter-pares

Este informe evalúa el desarrollo y aplicación de la ley de competenciaen Colombia durante los últimos años y los resultados a esperar de sureciente reforma, en los campos de acuerdos anticompetitivos, abuso deposición dominante, fusiones y adquisiciones, exclusiones y exenciones,aspectos de procedimientos e institucionales, coordinación con reguladoressectoriales, revisiones judiciales, asuntos internacionales y defensa de

Also Available

Expanded Guarantees for Banks: Benefits, Costs and Exit Issues

This article argues that the expansion of existing and the introduction of new guarantees for financial institutions has been a key element of the policy response to the recent financial crisis. Essentially, the government expanded its role as the provider of the safety net for banks by adopting the function of a guarantor of last resort. Among the various policy response measures, the expansion of guarantees has the benefit of