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  • 1
    Online Resource
    Online Resource
    The role of the Australian financial sector in supporting a sustainable and inclusive recovery (2021)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (65 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1699
    Keywords: Economics ; Australia
    Abstract: Australia’s financial sector entered the COVID-19 crisis in a strong position, enabling it to play a key role in cushioning the pandemic’s impact. Once the national economy reopens, policymakers will turn their focus to securing a robust, sustainable and inclusive recovery. However, low interest rates are boosting house prices and demand for credit in a banking sector that is already highly exposed to housing and highly indebted households. At the same time, many young and innovative firms – which are the drivers of job creation and productivity growth - struggle to access finance. And financial frictions impede the alignment of financial flows with environmental sustainability. Addressing these obstacles, through regulatory change, developing alternatives to bank finance and facilitating technological transformation, would raise productivity and set the recovery on a more sustainable path. Financial inclusion and financial literacy are comparatively high and financial education is entrenched at schools. Further efforts are still needed to address persistent gaps in outcomes for disadvantaged groups, accompanied by stronger consumer protections to ensure that the recovery is inclusive.
    DOI: 10.1787/b262744b-en
    URL: lizenzpflichtig
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    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    Enhancing public sector efficiency and effectiveness in the Czech Republic (2017)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 39 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1363
    Keywords: Öffentlicher Sektor ; Wirtschaftlichkeit ; Tschechien ; Governance ; Economics ; Czech Republic ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Spending on public administration itself is relatively low and so are indicators of its performance. Challenges include wastage in public procurement, insufficient management of the investment cycle and high levels of staff turnover. This paper considers ways of building on recent reforms, including better procedures for EU-financed projects and the new Civil Service Act, to raise the efficiency and effectiveness of the public sector. Performance monitoring is underused but could help drive improvements in service delivery. The structure of local government, which includes over 6 200 municipalities, exacerbates the challenges of the public administration by complicating co-ordination and stretching capacity. Accordingly, the second part of the paper focuses on ways of improving the efficiency and quality of public service delivery and realising greater benefits from decentralisation.
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/37ac46c4-en
    URL: Volltext
    URL: Volltext
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    MPI Ethno. Forsch.
  • 3
    Online Resource
    Online Resource
    Fostering productivity for income convergence in the Czech Republic (2017)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 52 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1362
    Keywords: Produktivitätsentwicklung ; Einkommensverteilung ; Tschechien ; Economics ; Czech Republic ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Over the past two decades, the income level of the Czech Republic has converged considerably towards the OECD average. However, after the 2008 global crisis, the convergence process stalled. Shortfalls in labour productivity have developed and are mainly structural. Policies are needed to foster domestic sources of productivity growth. Better targeting of government R&D support and more focused innovation policies that would be aided by a streamlining of policy institutions and interventions are necessary. In particular, tailored policies to increase knowledge-based capital (skills, management capacity, collaboration, etc.) are necessary to increase Czech firms’ productivity. Also, resource reallocation should be facilitated by reforming framework conditions. In particular, bankruptcy rules, competition and regulation policies, access to finance and SME taxation need to be improved to boost SMEs' growth and productivity.
    Note: Zusammenfassung in französischer Sprache
    DOI: 10.1787/4607b955-en
    URL: Volltext
    URL: Volltext
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  • 4
    Online Resource
    Online Resource
    Product Market Competition and Economic Performance in Australia (2005)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 81 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.451
    Keywords: Economics ; Australia
    Abstract: The OECD Growth Study and other empirical work have shown that the strength of competition in product markets plays an important role in the economic growth process as well as contributing to a more efficient allocation of resources in a static sense. More intense competition is likely to encourage stronger efforts of managers to improve efficiency and induce higher innovative activity, leading to higher multi-factor productivity. This paper begins with a short review of Australia’s growth performance since the early 1990s and its possible link to strengthened competitive pressures and their interaction with other economic reforms. Attention is then turned to indicators of product market competition to gauge the strength of competitive pressures. This is followed by an assessment of the general competition policy framework and its role in promoting competition. The next section presents the framework of the National Competition Policy and reviews the completeness of the reform programme and the areas requiring further action. The paper then examines a number of sectors where regulatory policies can be expected to have particularly large impacts. The implications of trade liberalisation on Australia’s economic performance and the scope for further improvements are also discussed in some detail. The paper concludes with a set of policy recommendations. This Working Paper relates to the 2005 OECD Economic Survey of Australia (www.oecd.org/eco/surveys/australia).
    DOI: 10.1787/018570574720
    URL: Volltext
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  • 5
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    Online Resource
    Review of Competition Law and Policy in the Czech Republic (2002)
    Paris : OECD Publishing
    In:  OECD journal: competition law and policy Vol. 4, no. 1, p. 7-58
    Details
    ISSN: 1609-7521
    Language: English
    Pages: 53 p
    Parallel Title: Parallelausg. Examen du droit et de la politique de la concurrence en République tchèque
    Titel der Quelle: OECD journal: competition law and policy
    Publ. der Quelle: Paris : OECD Publ., 1999
    Angaben zur Quelle: Vol. 4, no. 1, p. 7-58
    Keywords: Governance ; Czech Republic
    Abstract: The Czech Republic competition law is based on familiar European substantive concepts. Features that were appropriate for a transition setting are being revised in anticipation of EU accession. The enforcement body was at one time a separate Ministry; now, the Czech Office for the Protection of Economic Competition is an independent agency. Provisions for exemption are well controlled, and the processes for applying it are working well; however, stronger enforcement powers may be needed to deal with secret cartels. The major challenge of improving competitiveness by completing the reform of the inherited industrial structure requires solving problems of corporate governance and financing. The role of competition policy in that task will be modest.
    DOI: 10.1787/clp-v4-art1-en
    URL: Volltext
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  • 6
    Online Resource
    Online Resource
    Examen du droit et de la politique de la concurrence en République tchèque (2002)
    Paris : OECD Publishing
    In:  Revue de l'OCDE sur le droit et la politique de la concurrence Vol. 4, no. 1, p. 7-64
    Details
    ISSN: 1684-3452
    Language: French
    Pages: 59 p
    Parallel Title: Parallelausg. Review of Competition Law and Policy in the Czech Republic
    Titel der Quelle: Revue de l'OCDE sur le droit et la politique de la concurrence
    Publ. der Quelle: Paris : OCDE, 1999
    Angaben zur Quelle: Vol. 4, no. 1, p. 7-64
    Keywords: Governance ; Czech Republic
    Abstract: La législation de la concurrence en République tchèque repose sur les principaux concepts européens de fond. Les éléments qui étaient essentiels à une économie de transition sont en cours de révision dans le cadre du processus d’accession à l’Union européenne. L’autorité chargée de l’application de la loi était à l’époque un ministère alors que maintenant, le Bureau tchèque de la protection de la concurrence économique est une agence indépendante. Les clauses d’exemption sont bien contrôlées, et les mécanismes d’application fonctionnent bien. Cependant des pouvoirs plus forts pourraient être nécessaires pour traiter les ententes secrètes. L’amélioration de la compétitivité qui passe par l’achèvement de la réforme des structures industrielles héritées, nécessite la résolution des problèmes de financement et de gouvernement d’entreprise. A cet égard, la politique de la concurrence jouera un rôle modeste.
    DOI: 10.1787/clp-v4-art1-fr
    URL: Volltext
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