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62. The Costs and Benefits of Trade Facilitation
- Publication Date:
- 10-2005
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Steady increases in trade volumes and complexity in recent years have significantly changed the operating environment for the international trading community. They have also highlighted the negative impact of inefficient border procedures on governments, businesses and ultimately on the customer and the economy as a whole. Governments may face smuggling, fraud and national security problems, which drain the public coffers, while businesses pay the price of slow and unpredictable goods delivery, costly customs procedures, and even lost business opportunities. And all these costs ultimately make goods more expensive for the consumer.
- Topic:
- Economics, Government, and International Trade and Finance
63. Solutions in Space
- Publication Date:
- 10-2005
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Space, and man's relationship to it, has captured the human imagination for centuries. During the 20th century, dreams of space exploration became reality, and now dozens of countries, in particular in the OECD area, devote major resources to space programmes. But is this money well spent? Can we use space to find solutions to Earth's problems not available on the ground, or are we just pursuing high-priced star-filled dreams? Space technology may have brought us benefits from satellite telecommunications and their associated benefits such as telemedicine, but could we be doing more to exploit the link between space exploration and Earth application?
- Topic:
- Development, Economics, Environment, and Science and Technology
64. Competition Law and Policy in Brazil
- Publication Date:
- 10-2005
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- The modern era of competition policy in Brazil began in 1994 with the enactment of a new law as part of the “Real Plan”, a set of policies developed to deal with a period of hyperinflation. The law established a Brazilian Competition Policy System (BCPS) consisting of three agencies: a re-configured Administrative Council for Economic Defence (CADE), which had originally been created in 1962, the Economic Law Office (SDE) in the Ministry of Justice, and the Secretariat for Economic Monitoring (SEAE) in the Ministry of Finance. CADE has adjudicative authority in BCPS cases, while SDE has the principal investigative role, and SEAE is primarily responsible for providing economic analysis.
- Topic:
- Development, Economics, and Government
- Political Geography:
- Brazil and South America
65. Opening Up Trade in Services: Crucial for Economic Growth
- Publication Date:
- 09-2005
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Services, from health to banking, have become the single largest sector in many economies worldwide. They not only provide the bulk of employment and income in many countries, but they also serve as vital input, such as telecommunications, for producing other goods and services. So an efficient services sector is crucial for the overall economy. And because of this, agreement on opening up services markets is crucial to the success of the current global trade talks.
- Topic:
- Economics, Health, International Trade and Finance, and Markets
66. Competition Law and Policy in Turkey
- Publication Date:
- 09-2005
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- The evolution of Turkey's economy from a government-controlled regime to market-based competition led to the enactment in 1994 of the Act on the Protection of Competition (“Competition Act”) and the creation of the Turkish Competition Authority (“TCA”). Final impetus for the legislation was Turkey's negotiation of a customs union agreement with the European Union, which obliged Turkey to enact the EU's standard competition provisions as its own law and to establish an agency to enforce them.
- Topic:
- Economics, Government, and Markets
- Political Geography:
- Turkey and Eastern Europe
67. Economic Survey of Slovak Republic, 2005
- Publication Date:
- 09-2005
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Sound macroeconomic policy, assertive product, capital and labour market liberalisation, and fundamental tax and welfare reform have transformed the Slovak business environment in recent years. Foreign direct investment (FDI) has responded particularly well, becoming the prime engine of capacity and productivity growth, and helping to put the economy on a strong and well-balanced growth path.
- Topic:
- Development, Economics, and International Trade and Finance
- Political Geography:
- Europe
68. China's Governance in Transition
- Publication Date:
- 09-2005
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- China's economic reforms over the past two decades have brought remarkable growth, the development of a vibrant private sector and significant reform of the state-owned sector. Private businesses now represent some 57% of GDP, and productivity in the state-owned sector has improved significantly. However, a number of problems threaten to undermine prospects for sustainable growth. These notably include social tensions, partly due to increasing inequality within society and massive migration to the cities, but also linked to corruption, insufficient public services and rising unemployment as millions of workers have been laid off in the reform of the state-owned sector, while agriculture still displays huge structural under-employment.
- Topic:
- Development, Economics, and Government
- Political Geography:
- China and Asia
69. Economic Survey of China, 2005
- Publication Date:
- 09-2005
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- China's economic growth has averaged 9½% per cent over the past two decades. The rapid pace of economic change is likely to be sustained for some time. These gains have contributed not only to higher personal incomes, but also to a significant reduction in poverty. At the same time, the economy has become substantially integrated with the world economy. A large part of these gains have come through profound shifts in government policies. Reforms have allowed market prices and private investors to play a significant role in production and trade.
- Topic:
- Development, Economics, and Emerging Markets
- Political Geography:
- China and Asia
70. Economic Survey of Mexico, 2005
- Publication Date:
- 09-2005
- Content Type:
- Policy Brief
- Institution:
- The Organisation for Economic Co-operation and Development
- Abstract:
- Fiscal management has been successful in recent years, and the backdrop of an inflation-targeting monetary policy has helped anchor expectations that macroeconomic stability is here to stay. In addition, the financial sector has gone through an important transformation and a broader and deeper domestic capital market has developed. This will enable the Mexican authorities to turn more of their attention to long-term priorities, which are where the important policy challenges increasingly lie. Faster growth of living standards will require reforms to the tax system so as to finance the appropriate level of current spending and long-term investment needs. Fiscal relations between the different levels of government need to be re-thought so as to ensure a more effective and more equitable use of revenues. Part of higher oil revenues should be earmarked for financing some important multi-year but finite programmes. Major reforms to education, the labour market, the electricity industry, other network sectors and ways of doing business are also desirable, and will help spur investment in Mexico's future by both domestic and foreign firms. It is important that reforms be assessed and judged by legislators on their intrinsic merits rather than through the prism of short-term political considerations.
- Topic:
- Development, Economics, and Emerging Markets
- Political Geography:
- Central America and Mexico