Remarks by Jørgen Elmeskov, OECD Acting Chief Economist at the OECD/IMF conference on structural reform in Europe on 17 March 2008.
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This report presents the results of discussions held by the Group on Regulatory Policy in December 2007.
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This roundtable examined the links between competition policy and energy security, with a focus on natural gas. The discussion began by addressing the questions of the meaning and importance of energy security; and the determinants of energy security, particularly as they relate to competition policy. It continued in dealing with gas supply, transportation, and distribution, addressing five aspects that relate to different aspects
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Competition can improve the functioning of the retail banking sector without harming prudential regulation. Customer mobility and choice are essential to stimulate banking competition; credit ratings and easy, low-cost transaction costs for switching are crucial for promoting customer mobility.
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Regulation of the legal professions, including self-regulation, typically involves many restrictions on entry and professional conduct. Certain restrictions may be a remedy to market failures and may also be based on distributional or paternalistic motives. But other restrictions can be based on rent-seeking and achieve cartel-like effects. The major policy challenge is to identify and remove the restrictions which are unnecessary or
This report analyses multi-level governance in Italy and the capacity of regions to produce high quality regulation, an important theme to achieve overall regulatory coherence.
The Regulatory Governance Initiative (RGI) is part of the Investment Compact under the Stability Pact, which is a framework agreement on international co-operation among 40 countries, organisations and regional groupings to develop a shared strategy.
This working paper discusses Austria’s innovation performance, its innovation policies, and general framework conditions for innovation and growth.
Red tape is burdensome to companies, inhibits entrepreneurship, and reduces competitiveness.
Red tape is burdensome to companies, inhibits entrepreneurship, and reduces competitiveness. This study of the Netherlands is the first OECD review of a national programme for administrative simplification.