An estimated 22% of the world’s largest firms are now effectively under state control, this is the highest percentage in decades. These firms are likely to remain a prominent feature of the global marketplace in the near future. The upsurge of state-owned enterprises (SOEs) as global competitors has given rise to concerns related to a level playing field. Some business competitors and observers claim that preferential treatment granted by governments to SOEs in return for public policy obligations carried out at home can give SOEs a competitive edge in their foreign expansion. The OECD has taken a multidisciplinary approach, looking at the issue from the competition, investment, corporate governance and trade policy perspectives. The report aims to sort fact from fiction, and develop a stronger understanding, based on empirical evidence, on how to address growing policy concerns with regard to SOE internationalisation. The report concludes that although there is no clear evidence of systematic abusive behaviour by SOE investors, frictions need to be addressed, in view of keeping the global economy open to trade and investment.
Paris, 1-2 December 2016: Focus areas for the 2016 Global Forum include: competition and protecting human rights; the role of market studies as a tool to promote competition; the independence of competition authorities; and sanctions in antitrust cases.
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Knowing who gains and loses from regulatory reform is important for understanding the political economy of reform. Using micro-level data from 26 countries, this paper studies how regulatory reform of network industries, a policy priority in many advanced economies, influences the labour market situation of workers in network industries.
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Do flexibility-enhancing reforms imply more employment instability? Using individual-level data from harmonised household surveys for 26 advanced countries, this paper analyses the effects of product and labour market reforms on transitions in and out of employment.
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This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.
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This paper presents quantitative information on labour market flows for 25 OECD countries. It uses household surveys that offer the advantage of reporting monthly transitions between employment, unemployment and economic inactivity for individuals.
Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.
Price discrimination is common in many different types of markets and it usually reflects the competitive behaviour that competition policy seeks to promote. However, that is not always the case. In November 2016, the OECD held a roundtable to discuss how jurisdictions in which exploitative or distortionary price discrimination is an offence should respond to these developments.
Selon les prévisions présentées dans cette édition des Perspectives économiques, certaines initiatives budgétaires pourraient servir de catalyseur à l’activité du secteur privé et accélérer modestement le rythme de croissance de l’économie mondiale, le portant aux alentours de 3 ½ pour cent d’ici 2018.
Twenty years into its membership in the OECD, Poland has achieved impressive progress in terms of the living standards of its citizens. The country did not only manage to significantly reduce the GDP per capita gap with other OECD countries, but it also caught up with respect to several other dimensions of well-being. To ensure further widespread improvements in living standards, Poland needs to continue to move towards higher-technology production, boosting productivity and improving access to high-quality jobs and good pay. This report reviews recently implemented and planned reforms that aim to achieve these goals and proposes further policy measures to help Poland make the shift towards a more knowledge-based economy. To safeguard inclusiveness, it is crucial that the government also put in place appropriate policies to ensure that no one is left behind during this transformation and that all firms and all citizens can equally participate in and benefit from it.