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Many OECD governments are facing unprecedented challenges in the markets for bonds and bills, as a result of the explosive growth in their borrowing needs. Amidst an unusually uncertain economic outlook, the gross borrowing needs of OECD governments are expected to reach almost USD 12 trillion in 2009. The key policy issue is how to raise smoothly new funds at low cost, while also managing a rapidly growing debt stock. For the time
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This article looks at the stages of crisis management and some of the different degrees of transparency on losses and risks in the US and Europe. It also compares alternative approaches to dealing with impaired assets used in the USA and Europe. Exposure to off-balance losses remains a key issue. Europe, surprisingly, has been and remains the major issuer of collateralised synthetic obligations that have been so prominent in the
With the the global economic crisis, governments are now focused on restoring national economic and employment growth and financial stability which also poses risks for freedom of investment. If they all recognise that open markets will ultimately contribute to a sustainable recovery, they might be tempted to adopt “beggar thy neighbour” policies, including investment protectionism and unfair incentives to attract or retain
The current economic crisis has exposed the deficiencies of economic global governance and the risk of having a highly integrated global economy with fragmented global economic decision-making and regulation. To improve our impact, we do need stronger, more inclusive and better coordinated international organisations, warned the OECD Secretary-General.
With the global economic crisis, governments are now focused on restoring national economic and employment growth and financial stability which also poses risks for freedom of investment.
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El presente documento estudia el papel de la interconexion en la competitividad en el sector mexicano de telecomunicaciones.
The Union of Arab Banks, an umbrella organisation for banks operating across the MENA region, had organised a conference on “Reinforcing Financial Supervision and Regulation”, with support and participation of the OECD as well as other partner organisations such as the Center for International Private Enterprise (CIPE), the Lebanese Transparency Association (LTA), the Financial Services Volunteers Corps. (FSVC) and the World Union of
The Competition Committee adopted in 2005 a proactive Strategy which includes criteria for the identification of potential observers in the Committee. It also defines the role and participation of non-members in the Committee’s work. At its October 2011 session, the Competition Committee will review under this 2005 Strategy the applications received by 29 July 2011 from non-members to become observers in the Competition Committee for
This meeting took place on 27-28 May 2009 in Maputo, Mozambique and addressed a number of high priority issues for the region.
This symposium brought together over 200 practitioners, regulators and industry participants to discuss the legal and regulatory insolvency frameworks and challenges of their application in the Middle East North Africa region.