With tightening public finances, land value capture (LVC) can be an attractive fiscal tool to finance ever-increasing demands for transport infrastructure. This paper begins by discussing the principles of LVC and individual LVC instruments in the context of infrastructure provision, with a...

This publication provides a comprehensive overview of capital markets in Romania, focusing on conditions for stock market listing, secondary stock market liquidity, growth markets, modalities for household savings, institutional investors and market-based debt financing. It underlines potential...

Achieving Financial Stability in Asia sets out to identify the elements which could restore confidence to the countries of the region and stabilise financial flows on a global basis. Thus, measures must be taken which include improving public and corporate governance, strengthening democracy and...

Central and Eastern Europe and Russia have been actively building capital markets since the beginning of the transition period in 1990. Since that time, these countries have created or re-established equity markets and actively developed government securities markets. In some cases, corporate...

Avec les mutations économiques et technologiques enregistrées au cours des dernières décennies, les perspectives économiques individuelles sont aujourd’hui plus incertaines qu’autrefois. La présente synthèse résume les principales conclusions du rapport Un équilibre précaire ?...

Over the past few decades, economies and technologies have shifted in ways that have made people’s economic prospects more uncertain. This Policy Insights highlights the main findings from On Shaky Ground? Income Instability and Economic Insecurity in Europe, the inaugural report of the OECD...

Institutional investors (insurance companies, investment companies and pension funds) have been gaining in importance in both OECD and non-OECD countries. The institutionalisation of savings is having a profound impact on the structure and functioning of capital markets. Institutional investors...