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Japanese banks largely avoided the direct impact from the global financial crisis thanks to their limited exposure to foreign toxic assets, the regulatory framework in Japan and the small role of securitisation.
Prices for many goods and services in Belgium are higher than in other countries, reflecting generally weak competitive pressures.
This paper examines how a range of stability-oriented regulatory policies for banking and insurance are related to selected stability and competition outcomes in these sectors.
Living standards in Ireland will remain high, despite the severe contraction, but stronger structural policies would encourage sustainable long run growth.
While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries has been less rapid than in several other emerging markets.
This paper discusses the policy imperatives in the short term, in the face of the ongoing economic crisis, and reforms that could be implemented over the longer term to improve the efficiency and resilience of the financial system and raise Russia’s potential growth rate.
English, , 2,925kb
This paper discusses how governments can “seize the moment” of the economic crisis to suggest and implement structural reforms. It examines the particular challenges to reform – and possible solutions to those challenges.
As attention shifts to fiscal consolidation, sustaining output growth will depend increasingly on private domestic demand, requiring reforms, particularly in the labour market and the non-manufacturing sector.
Why are some policy reforms implemented while others languish? This new report aims to answer this important question by looking backwards -- at 20 structural reform efforts in 10 OECD countries, during the past two decades. This page presents the principle messages of the study.
Why are some policy reforms implemented while others languish? This new report aims to answer this important question by looking backwards - at 20 structural reform efforts in 10 OECD countries, during the past two decades. The case studies cover a wide variety of reform attempts in three key areas - pensions, labour-, and product-market regulation.