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An important criterion for the success of regulatory reform is whether regulatory systems accomplish their policy objectives. Despite a massive increase in regulation and government-imposed formalities in most countries since the 1970s, results have too often been disappointing.
This publication on cutting red tape analyses how administrative simplification is used as a regulatory quality tool to review and reduce administrative and regulatory procedures.
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The 2009 report presents indicators of the development of the regulatory management systems used in OECD countries to improve the quality of regulation.
Indonesia’s infrastructure is in poor shape, having suffered from protracted under-investment since the Asian financial crisis of the late 1990s, and constraints growth potential.
In the current circumstances of weak recovery, high unemployment and constrained room for manoeuvre by macro-economic policies, a robust regulatory environment is key to return to a stronger, fairer and sustainable growth path, said OECD Secretary-General.
In light of the recent financial crisis and the pressing social, environmental and economic challenges facing governments today, this conference offered a timely opportunity to redefine the agenda for regulatory policy with a forward-looking perspective.
In this paper the recently updated product market regulation (PMR) indicators are extended beyond OECD member countries - including accession and enhanced engagement countries.
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Credit ratings provide an opinion on the relative ability and willingness of parties with debt obligations to meet financial commitments. They have three functions: to measure the credit risk of the issuer, to provide a means of comparison and to provide a common standard. The credit rating market is a natural oligopoly, with three Credit Rating Agencies (CRAs) accounting for more than 90% of the market. The recent financial crisis
How can governments reap the potential benefits of public-private partnerships (PPPs) in the provision of infrastructure?
Open markets will be necessary for a sustained economic recovery. This report recommends that governments continue to resist protectionist pressures and work towards a level playing field for trade.