The Deepwater Horizon oil spill in 2010, and the 2008 financial meltdown—whose aftershocks are still reverberating globally—have at least one trait in common: they reflected breakdowns in the regulatory process. This is not to say that the principal industry actors in both catastrophes were mere bystanders, but with better regulatory oversight, the disasters could have been prevented.
On the eve of the launch of the OECD Regulatory Policy Outlook, Bill Below looks at the world of intertemporal policy trade-offs and why it can be difficult for politicians to focus on longer-term regulatory projects.
English, PDF, 118kb
OECD Trade Facilitation Indicators for the ASEAN region last updated July 2015.
English, PDF, 249kb
To help governments improve their border procedures, reduce trade costs, boost trade flows and reap greater benefits from international trade, OECD has developed a set of trade facilitation indicators.
English, PDF, 357kb
This brand new report from the OECD examines the potential impact of the WTO Trade Facilitation Agreement concluded in Bali on trade costs.
OECD trade facilitation indicators identify areas for action in 133 countries and enable the potential impact of reforms to be assessed.
As the OECD's latest global economic forecast has confirmed, world trade is now growing at an extremely low rate. This brings into stark focus the need for trade negotiators at the WTO to cut a deal to bring a much-needed boost to world trade and the global economy.
English, PDF, 172kb
The Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union, if successfully concluded, would be the most significant bilateral Free Trade Agreement (FTA) to date, covering approximately 50% of global output, almost 30% of world merchandise trade (including intra-EU trade, but excluding services trade) and 20% of global foreign direct investment.
Have the policy errors that contributed to the global economic crisis been rectified? Sharan Burrow shares her vision for building trust and restoring confidence in the countries still suffering from the crisis.
English, PDF, 973kb
This study provides a critical literature review of the theory and quantitative evidence of the impact of regulatory policy. It surveys the literature on existing attempts at measuring the contribution of regulatory policy to improved performance.