On the occasion of World Earth Day and in the run-up to the 2022 Global Forum on Responsible Mineral Supply Chains, OECD’s Luca Maiotti and Benjamin Katz take a look at what the clean energy transition will mean in the world of mining mineral resources.
Global flows of foreign direct investment (FDI) have been declining for several years, well before the pandemic hit in early 2020. While these flows can be cyclical, as with any other type of investment, they have been falling both in absolute amounts and relative to overall GDP for several years, causing many to wonder whether there has been a structural change in the global economy. OECD’s Stephen Thomsen takes a look at this worrying trend and at what governments can do about it.
Regulation and competition enforcement in digital markets are hot topics as regulators become increasingly concerned about the market power and growing influence of large digital platforms. Philip Marsden shares his thoughts on how best to deal with anticompetitive conduct and transactions in digital markets and the role the OECD can play in designing effective rules and enforcement initiatives.
State-owned enterprises are more and more present in the international marketplace and this can have implications for fair competition and a level playing field for doing business. OECD’s Hans Christiansen, Chung-a Park and Emeline Denis share insights from a new report which surveys trends in the ownership and governance of state-owned enterprises globally.
Decentralised Finance or ‘DeFi’ is the latest development in the crypto-asset space, and claims the potential to replicate the traditional financial system in an open, decentralised, permissionless and autonomous way, through applications built on the blockchain. Given the rapid growth of DeFi and commensurate risks, OECD’s Iota Nassr highlights why policy makers need to monitor this market closely and eventually take action to mitigate emerging risks.
The competition policy community often focuses on the actions of companies, but the state may also adopt measures that significantly distort the competitive landscape. In the run-up to the 2021 Global Forum on Competition, the OECD’s Jordi Calvet Bademunt and Sophie Flaherty analyse how state intervention can affect competitive neutrality and the main tools available to competition authorities to help ensure a level playing field.
Any investigation by competition authorities of an alleged case of abuse of dominance by firms with substantial market power will be informed, at least in some part, by economics. OECD’s Richard May explores the role economics plays in competition enforcement and highlights some of the complexities and options relating to its effective use in the run-up to the 2021 Global Forum on Competition.
Foreign direct investment (FDI) that fosters green growth and development while preserving natural assets will make a key contribution to efforts to curb climate change and achieve the SDGs. In the run-up to COP26, the OECD’s Iris Mantovani explores the contribution of FDI to lowering carbon emissions and advancing green growth.
The links and interactions between trade and competition are at the forefront of the international policy debate as governments seek to recover from the human and economic impacts of the COVID-19 pandemic. OECD’s Ruben Maximiano and Lorena Giuberti Coutinho share their views on the implications state intervention can have on competition and trade policy.
As a review of the OECD/G20 Principles of Corporate Governance gets underway, OECD’s Daniel Blume and Serdar Çelik take a look at what is in store for corporate governance frameworks