This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies.
Investment in network infrastructure – the energy, water, transport and telecommunication networks –which performs a vital role for the functioning of the economy, can contribute to raising growth and social welfare. But more is not always better.
This paper discusses measures to make the regulation of product markets more conducive to competition play a prominent role in the government’s “growth package” of measures to stimulate economic growth which are in the process of being implemented.
In his remarks, Mr. Gurría highlighted that reforms to promote more competitive product markets have been deeper in Spain than in the average of OECD country by reducing state control over enterprises in the business domain and lowering barriers to enterprise, foreign trade and investment.
En su discurso, Angel Gurría ha subrayado que las reformas para fomentar mercados de productos más competitivos han sido más profundas en España que en el promedio de la OCDE. Durante los últimos diez años, España ha logrado una importante reducción del control estatal sobre las empresas en el ámbito de los negocios y también una reducción significativa de las barreras al “emprendimiento”, al comercio exterior y la inversión.
Unemployment in South Africa is extremely high and unevenly distributed, being concentrated among young less skilled blacks.
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OECD Chief Economist, Klaus Schmidt-Hebbel's presentation on 18 November, 2008 at the OECD-World Bank joint conference on innovation and sustainable growth in a globalized world.
This working paper suggests that establishing stronger vertical separation between network access provision and potentially competitive services will be the main challenge for Germany going forward.
In his remarks delivered at the APEC Structural Reform Ministerial Meeting, Mr. Gurría explained that designing structural reform has been at the core of the OECD’s mission since its inception, to promote a better functioning of the global economy and raise living standards in member and partner countries. Now the OECD has gone one step further, trying to figure out how reform can be successfully implemented.
Remarks by Jørgen Elmeskov, OECD Acting Chief Economist at the OECD/IMF conference on structural reform in Europe on 17 March 2008.