Français, , 381kb
Le comité de la concurrence de l’OCDE a discuté, les 17 et 18 février 2009, desquestions de concurrence qui se posent dans le cadre de la crise financière actuelle. Cette brochure inclut deux documents clés concernant cette discussion :une synthèse qui résulte du débat et des contributions écrites, et une note de référence préparée en vue de la discussion. L’ensemble de la documentation relative à la discussion du comité, y compris
In his introductory remarks at the Paris Conference for Long-Term Value & Economic Stability, Angel Gurría talks about the importance of long-term investments and their capacity to help to bring back confidence and to achieve long-term sustainable development throughout the world
Français, , 42kb
Le 19 juin 2009, les 38 pays du Groupe de travail sur la corruption ont adopté des Conclusions politiques sur la corruption dans les transactions commerciales internationales, réaffirmant l’importance de la Convention et de sa mise en œuvre.
Mats Isaksson answers questions about the corporate governance failures thrown up by the crisis in areas like executive pay and risk management and what needs to be done.
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The financial sector is vulnerable to systemic loss of trust. The current crisis resulted from failures in financial market regulation, not failure of competition. Competition and stability can co-exist in the financial sector: more competitive market structures promote stability by reducing the number of banks that are “too big to fail”. Competition helps make the financial sector efficient and ensure that rescue and stimulus
English, , 1,634kb
Gasoline retailing has changed dramatically over the last 25 years. While refiners often still have extensive networks of gasoline retailers, there is also a large independent sector in many countries. A study of the effects of entry by large general retailers finds benefits to consumers. There has been a vigorous debate about whether vertical separation between gasoline stations and upstream entities should be required. It appears
Français, , 541kb
Ce document a pour principal objectif d’examiner l’impact de l’évolution de la structure de propriété des places boursières et de la concurrence sur le gouvernement d’entreprise des sociétés cotées.
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Government debt issuance procedures and policies differ across OECD jurisdictions, in particular in terms of technical standards for selling techniques, primary dealer systems and other primary market arrangements. However, the increased integration of global financial markets (including the jump in the integration of European government debt markets since the introduction of the Euro) has been an important catalyst in the
English, , 664kb
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