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4-March-2011
English, , 354kb
Global current account imbalances widened markedly in the years preceding the global economic crisis.
28-May-2010
English, , 2,591kb
This Position paper presents some key lessons learnt and insights from recent OECD research on the use of regulatory reform during crises and its impacts. These lessons may be of use to policy makers seeking to design, adopt and implement regulatory reform programmes to boost recovery from the global financial and economic crisis.
15-February-2010
English, , 210kb
A sustained effort at promoting regulatory reform has contributed to Australia’s success in weathering the global financial crisis; it was among the few OECD countries that did not enter a recession. But this is no time for complacency. The government has laid out an ambitious regulatory reform agenda to build a seamless national economy and unleash productivity. Australian Competition Law has helped to establish robust and
24-November-2009
English, , 296kb
Better regulation is necessary for economic recovery, to manage risks andto cut unnecessary red tape. How can countries make regulations fit for thischallenge? How can they avoid imposing additional regulatory burdens onbusinesses coping with the effects of the financial crisis? A good system ofregulatory management systematically helps to identify the best choice ofpolicy options. It reduces unnecessary burdens on citizens and
7-April-2008
English, , 233kb
Rules are essential for economic growth, social welfare and environmental protection. But rules can also be costly in both economic and social terms. Governments may for example want to ensure public money is well-spent by allocating rent allowances only to those in need – but what if the system for determining eligibility is costlier than offering the allowance to everyone, or has the perverse effect of reducing the supply of
4-June-2007
English, , 159kb
Governments have long been engaged in providing goods or services to their citizens that could, in some form, be provided by the private sector. The trend over the past few decades, however, has been to transfer these functions, and the state-owned assets used to provide them, to private hands. The most common method, and the one usually preferred, is privatisation, or outright sale or transfer of ownership of the relevant assets to
19-March-2007
English, , 187kb
Regulatory reform is a priority in the effort to promote sustainable economic growth, complementing sound macroeconomic policies. It can help shift economic activity to higher value-added production and services, encourage the use of appropriate and new technology and make national economies more resilient to economic shocks. Regulatory reform is a very important asset as countries move forward in the process of globalisation.Korea
30-January-2007
English, , 162kb
Cutting red tape is a priority on the political agenda. Businesses and citizens complain that they spend much time and devote significant resources to activities such as filling out forms, applying for permits and licences, reporting business information, notifying changes, etc.Red tape is costly, not just in time and money spent filling out forms but also in terms of reduced productivity and innovation in business. This is
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