Competition is about increasing choice and efficiency to benefit consumers and make the economy more productive. This applies also to utilities which in many countries have been liberalised (such as electricity, water, railways and telecoms), are subject to regulation (banking and other financial services) or where the government plays an important role (healthcare, education and local public services).
The discussion in the meeting provided some insights into China’s growth model and need to improve competitiveness, particularly in view of the global economic slowdown.
The National Contact Points for the OECD Guidelines for Multinational Enterprises (the Guidelines) are set up by governments adhering to the Guidelines. One of their main roles is to assist in the resolution of issues arising from alleged non-observance of the Guidelines. This manual explains this role.
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The OECD/INFE High level Principles on National Strategies for Financial Education provide international guidance to policy makers with a view to developing evidence-based, co-ordinated and tailored approaches to financial education, both in emerging markets and more advanced economies. G20 Leaders recognised the important role of financial education policies when they endorsed these Principles in 2012.
This report illustrates how MENA exchanges have been promoting good corporate governance outcomes in order to facilitate the sharing of experience among policymakers in the region.
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Prepared for the G20 Los Cabos Summit, this policy note discusses the potential for and the barriers to pension funds investing in green infrastructure projects.
The Experts Meeting of the Eurasia Group on Corporate Governance for Capital Markets Development took place in Istanbul, Turkey, 19-20 June 2012. The meeting aimed at discussing a revised draft of the Group’s Survey on “Capital Markets in Eurasia: Two Decades of Reform”.
This endorsement reinforces the role of the Principles as one of the key global guidance instruments on financial education and awareness and as an overarching policy instrument offering governments and public authorities non-binding international guidance and policy options in order to develop efficient national strategies for financial education.
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The incidence of perceived implicit guarantees, mostly from governments, for the debt of European banks has decreased recently after several years of increase dating from the beginning of the financial crisis. This reflects to a large extent the deterioration in the strength of the sovereigns that are seen as providing the guarantees..
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This special issue of Financial Market Trends compiles selected articles based on presentations given at the Symposium on “Financial crisis management and the use of government guarantees” in October 2011, which were first released between October and December 2011. The Symposium, part of the OECD’s work on financial sector guarantees, gathered policy makers, policy consultants and other academics to discuss the policy response to the