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Japanese banks largely avoided the direct impact from the global financial crisis thanks to their limited exposure to foreign toxic assets, the regulatory framework in Japan and the small role of securitisation.
Prices for many goods and services in Belgium are higher than in other countries, reflecting generally weak competitive pressures.
The OECD has established a set of key principles to guide financial policy makers as they look to fundamental reform that will achieve strong, resilient financial systems that play their part in driving economic growth.
This paper examines how a range of stability-oriented regulatory policies for banking and insurance are related to selected stability and competition outcomes in these sectors.
Living standards in Ireland will remain high, despite the severe contraction, but stronger structural policies would encourage sustainable long run growth.
This paper discusses the policy imperatives in the short term, in the face of the ongoing economic crisis, and reforms that could be implemented over the longer term to improve the efficiency and resilience of the financial system and raise Russia’s potential growth rate.
While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries has been less rapid than in several other emerging markets.
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Maritime transport costs have a significant impact on the trade in agricultural goods, representing on average 10% of the imported value of agricultural products. A doubling of shipping costs is linked to an average drop of 42% in agricultural trade, says this paper.
A symposium was held on 6 November 2009 to discuss strategic directions for the future of regulatory reform. Current and emerging regulatory policy challenges are truly global.