Dans le cadre de la poursuite de l’effort qu’elle a engagé pour renforcer la confiance des marchés et l’intégrité des entreprises, l’OCDE a lancé en Asie la nouvelle version des Principes de gouvernance d’entreprise approuvée en septembre 2015 à la réunion des ministres des Finances des pays du G20.
Bank lending is the most common source of external finance for many SMEs and entrepreneurs, yet has proven challenging to newer, innovative and fast growing companies, as well as to those undertaking important transitions in their activities or seeking to de-leverage and improve their capital structures.
This report maps a broad range of external financing techniques to address diverse needs in varying circumstances, including asset-based finance, alternative debt, hybrid instruments, and equity instruments. It further highlights key enabling factors for their development, discusses major market trends and obstacles to SME uptake, and suggests some key areas of policy action to overcome challenges to market development.
Co-hosted by the Securities and Exchange Commission of Thailand (SEC), the Stock Exchange of Thailand (SET), and the Thai Institute of Directors (IOD) in partnership with the Government of Japan, the OECD-Asian Corporate Governance Roundtable is a unique platform for commitment by senior officials, regulators, and practitioners - including international and regional institutions and academics - to improving corporate governance in Asia.
Climate change is a major political and economic challenge. This paper sketches out its relevance for the financial sector. Necessary low-carbon investments imply a significant yet manageable financing gap. Beyond capital mobilisation that has attracted most attention until now, the main challenge is ensuring a transition-consistent capital reallocation.
20 July-20 October 2015: The OECD invited public comment on an update of the 2004 Recommendation on Core Principles of Occupational Pension Regulation in order to increase their relevance given current practices and developments.
This article on public equity financing for SMEs complements earlier OECD work on market-based finance for SMEs. The development of this market segment could promote investment in SMEs and, together with securitisation and other non-bank debt financing instruments, encourage an enhanced allocation of risk and risk taking, and thus support growth.
This review assesses the Mexican pension system on the basis of OECD best practices in pension design and presents various proposals to improve the Mexican pension system and guarantee its sustainability in the long term.
Les réformes que le Mexique a appliquées à son système de retraite, en particulier la mise en place d’un système de comptes individuels à cotisations définies, en ont considérablement amélioré la viabilité financière.
The OECD is well placed to contribute to global follow-up on the sustainable development goals (SDGs) with its range of measurement, country assessment, peer review and peer learning mechanisms. Indeed, its data, expertise, and convening power can serve as a GPS for SDG implementation.
While the gradual recovery in most advanced economies continues, commodity exporters face strong headwinds from falling oil, coal and metal prices. In 2016, global growth is expected to rise to 3.6%, contingent on sustained growth in advanced economies.