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While the single market has largely been achieved for the EU market for goods, the services sector has lagged behind. This has resulted in sluggish activity, low productivity growth, high prices, that show a wide dispersion and relatively high inflation in this sector. Both the OECD product...
Persistent link: https://www.econbiz.de/10005045682
This paper reviews some of the difficult challenges facing debt managers in the years to come. In countries experiencing a rapidly diminishing gross debt, particularly the United States, this raises the issue of whether private-sector securities can serve as a substitute for the traditionally...
Persistent link: https://www.econbiz.de/10005045961
This paper reviews key policy messages and warnings about developments in the run-up to the global financial and economic crisis that began in mid-2007 which are contained in the main publications of the IMF, the OECD and the BIS and discuss issues relevant to strengthening their surveillance...
Persistent link: https://www.econbiz.de/10009003650
flowed out of Italy to the core countries of the euro area. The Bank of Italy should continue to ensure that banks increase … from the establishment of the European Stability Mechanism, the announcement by the European Central Bank of the Outright …
Persistent link: https://www.econbiz.de/10011276838
, to analyse the links among liberalisation, private ownership, competition, efficiency and airfares at national and route …
Persistent link: https://www.econbiz.de/10005045579
The strength of product market competition plays an important role in economic growth as it affects economic efficiency … market competition and economic performance in the European Union. The Community’s competition rules, which apply whenever …’s Directorate General for Competition, and complement national competition legislation. Reforms have been adopted recently to …
Persistent link: https://www.econbiz.de/10005045597
crossselling, possibly dampening competitive pressures. Competition may also be hindered by regulatory policies in the markets of …-indebtedness, they risk having the unintended consequence of increasing entry costs for new providers, thus hindering competition and …
Persistent link: https://www.econbiz.de/10005045635
Competition in product markets has been found to be an important determinant of economic performance in developed and … India's regulatory environment is supportive of competition in markets for goods and services. The results indicate that …
Persistent link: https://www.econbiz.de/10005045723
endemically weak domestic competition, though the country’s relatively low productivity among domestic business likely signals … some sheltering from international competition. The generally healthy level of competition is partly because competition … proceed via the competition authority. And, it is suggested that sanctions against individuals in hard-core cartel cases are …
Persistent link: https://www.econbiz.de/10005045724
Key indicators show Germany belonging to the countries in the OECD with strong innovation activity even though some weakening in Germany’s position relative to other OECD countries has occurred recently. While the redirection of resources towards unification-related spending as well as low...
Persistent link: https://www.econbiz.de/10005045785