This paper addresses the often neglected question of how macroeconomic risk is shared across and within economies, and identifies reforms that could contribute towards achieving more desirable risk-sharing outcomes.
Two back to back events were organised in Jerusalem on 28-30 June 2011 – a two-day Israel-OECD Conference “Cutting Bureaucracy: Regulation and Services” and a one-day workshop at the technical level on “Improving the Design and Evaluation of Regulation and the use of Regulatory Impact Analysis”.
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What types of policies nations should use to address the threat of global climate change? This document discusses the implications of different market-based policy alternatives and shows that not only competition enforcement and advocacy can make such policies more effective, but that the policies themselves also have effects on competition. An executive summary and an aide-memoire of that discussion as well as an analytical note by
Observership by non-OECD economies in the Committee is actively encouraged based on a strategy which outlines criteria for identifying potential observers and defines their role and participation in the work of the Committee.
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Tradeable emission permits are considered an efficient instrument for achieving a given emission target at lowest possible economic cost. Tradeable permit schemes, also called cap and trade schemes, have become major pollution control instruments. They have been implemented at a national level and, as in the European Union, at supra-national level. The main idea behind emission permits is to create a system of property rights for
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This report on Competition Law, Policy and Enforcement was prepared in the OECD Competition Committee as part of the process of Chile’s accession to OECD membership. The Committee was requested to examine the core competition features and to provide OECD Council with a formal opinion on the willingness and ability of Chile to assume the obligations of OECD membership. In doing so, the Competition Committee assessed the degree of
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Esta revisión de la aplicación de la ley y la política de competencia enChile es parte de una serie de revisiones de las políticas nacionalesemprendidas por el Comité de Competencia de la OCDE. Se redactó comoparte del proceso de adhesión de Chile a la OCDE. Después de completar sus procedimientos internos, Chile se convirtió en miembro de la OCDE, el 7 de mayo de 2010.
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This document discusses the impact on competition of State Aids and Subsidies are applied by governments as well as the ways to improve the assessment of their impact. It includes a Keynote Speech by the EU Competition Commissioner as well as submissions from Argentina, Croatia, Egypt, the European Union, the Former Yugoslav Republic of Macedonia, India, Jordan, Lithuania, Mongolia, Morocco, Pakistan, Peru, Poland, Romania, the
Efficient provision of transport infrastructure is critical to economic growth. The long asset lives of much transport infrastructure indicates governance through regulation, rather than through contract or public ownership. This can ensure predictability in long-term relationships whilst preserving some flexibility to deal with changes in external circumstances.
The transparency created by a fully independent regulator is invaluable for ensuring sufficient investment is forthcoming, while maintaining reasonable conditions for user access. Discussion at the Roundtable focussed on how to achieve effective independent regulation and how to reconcile independence with the legitimate control of policy by the executive part of government.
Independent regulation is not seen as a universal default governance arrangement. Much of the discussion focused on when to regulate and when to rely on competition, even if imperfect, to drive efficiency. The discussions underscored that there are opportunities to improve performance significantly in the aviation, rail and road sectors, by learning from successful experience in improving governance structures in a range of countries.
In recent years, the financial sector has been extensively debated at OECD Competition meetings, thereby bringing together a variety of influential actors such as senior competition officials, market regulators, academics and representatives of the business community. Competition Issues in the Financial Sector 2011 presents the key findings from these discussions into a cohesive narrative. It also includes the executive summaries of