Emerging markets have increasingly been using macroprudential policy to mitigate risks from high currency exposures in both banks’ and firms’ balance sheets. One widely-used tool is foreign exchange (FX)-differentiated reserve requirements.
Road to zero – Making responsible business conduct the new normal for a sustainable future
As the world begins to re-build and re-design in the wake of the pandemic, OECD's Greg Medcraft and Allan Jørgensen look at the contribution OECD instruments on responsible business conduct can make to help drive responsible climate action.
Monitoring infrastructure corruption in the Asia-Pacific region
Anna Griffin outlines how a new project by Transparency International Australia will identify the loopholes that enable corruption to thrive in the infrastructure sector in the Asia-Pacific region
How can MENA governments harness the benefits of foreign direct investment?
Economies in the MENA region are striving to create a business environment that attracts foreign direct investment. The OECD’s Sarah Marion Dayan throws a spotlight on what governments can do to leverage investment and support development goals.
Youth Perspective: What Does Trust in Business Mean in a Post-COVID-19 World?
How do the youth of today define trust in business and what significance does it bear on our lives and our futures? We are three young women who were born and raised on three different continents who have sought to find answers to this seemingly complex but important question.
Governments need to address the gender gap in retirement savings arrangements
The difference in retirement income between men and women averages 26% across OECD countries, clearly signaling gender inequality despite efforts by governments in recent decades to reduce the gender gap in pension systems. The growing role of retirement savings arrangements within pension systems calls for a deeper analysis of their contribution to this gender pension gap.
Data-driven Platform Envelopment with Privacy-Policy Tying
Digital platforms may absorb competitors through envelopment acquisitions, to build ecosystems. Daniele Condorelli discusses how some recent envelopment attacks may result from the desire to acquire valuable sources of data rather than products to maintain a position of market power.
Sustainability and competition law: moving beyond the conflict narrative towards a structured debate
Should competition law take sustainable development goals into account and, if so, how can this be done? Julian Nowag highlights that many competition authorities are already addressing these questions and posits that sustainability and competition goals may not necessarily be in conflict ahead of the 2021 OECD Competition Open Day discussion on the topic.
Jean-Michel Godeffroy on Central Bank Digital Currencies
In this interview by Matthieu Saint-Olive from ConsenSys, Jean-Michel Godeffroy, Director General for 16 years at the European Central Bank, shares his vision for central bank digital currencies
Digital Ecosystems – a New Economic Paradigm?
Competition in the digital economy is increasingly a competition between ecosystems. Hardware and software are integrated, Internet of Things devices connect to online services and a few large tech companies offer a very broad range of services often highly integrated with one another. OECD’s Harry Hong sets the scene for the discussions at the 2021 OECD Competition Open Day.