It is seven years since the global crisis and despite easy monetary policy, financial regulatory reform, and G20 resolutions favouring structural measures, the world economy is not making a lot of progress. Indeed, the responses to the crisis seem mainly to have stopped the banks from failing and then pushed the many faces of the crisis around between regions—currently taking the form of excess capacity in emerging markets. Productivity growth raises income per head, allows companies to pay better wages and it raises demand to help to eliminate excess capacity and improve employment. However, this element is missing in the global corporate sector. The theme of this year’s Business and Finance Outlook is fragmentation: the inconsistent structures, policies, rules, laws and industry practices that appear to be blocking business efficiency and productivity growth.
Paris, 8 June 2016: Public and private sector stakeholders debated the policy barriers and drivers shaping trade and investment in renewable energy and other environmental goods and services in the context of global value chains.
The Financial Management of Flood Risk applies the lessons from the OECD’s analysis of disaster risk financing practices and the development of guidance to the specific case of floods. This report provides an overview of the approaches that economies facing various levels of flood risk and economic development have taken to managing the financial impacts of floods.
Quels sont les obstacles à l’investissement et à la croissance de la productivité des entreprises ? Les Perspectives 2016 de l’OCDE sur l’entreprise et la finance s’intéressent à la fragmentation à tous les niveaux de l’économie mondiale, à savoir aux politiques, règles, lois et pratiques dont l’hétérogénéité a des effets pervers et nuit à l’efficience des entreprises.
These reports describe the main features of the financial, and insurance and private pensions markets of countries that have been reviewed by the OECD.
Jakarta, 1-2 June 2016: This seminar addressed the importance of financial literacy and financial education for empowering micro, small and medium-sized enterprises (MSMEs).
English, PDF, 2,157kb
This review of Latvia by the by the OECD Committee on Financial Markets examines Latvia’s position with respect to core principles related to financial systems.
English, PDF, 1,931kb
This review of Colombia by the by the OECD Committee on Financial Markets examines Colombia’s position with respect to core principles related to financial systems.
27/05/2016 - The real economy will always seem to be disconnected from the financial economy during periods when the need for structural change is so overwhelming that it can hardly be otherwise. We have had the easiest monetary policy of any historical era outside of hyperinflations, and productivity fails to grow, economic activity is weak...
21/05/2016 - It is seven years since the global crisis and despite easy monetary policy, financial regulatory reform, and G20 resolutions favouring structural measures, the world economy is not making a lot of progress. Adrian Blundell-Wignall gives a preview of what’s in the 2016 edition of the OECD Business and Finance Outlook.