This report analyses the emergence and potential of ICOs as a financing mechanism for start-ups and small and medium-sized enterprises (SMEs), examines the benefits and challenges of this mechanism for small businesses and investors, and discusses policy implications of ICO activity for inclusive financing of SMEs and the real economy.
Small and medium-sized enterprises (SMEs) are key contributors to economic growth and job creation. OECD work on the financing of SMEs has intensified following the recent economic and financial crisis and in light of the emergence of FinTech and blockchain technologies.
OECD Working Papers on Sovereign Borrowing and Public Debt Management provide authoritative information on technical and policy issues in the area of public debt management (PDM) and government securities markets. Studies closely track structural issues, trends and challenges in government debt policies and markets.
Long-term capital is in short supply and has become increasingly so since the 2008 financial crisis. This has profound implications for growth and financial stability. The OECD Long-term Investment Project is exploring these issues in depth.
26/10/2018 - The OECD Committee on Financial Markets has confirmed the appointment of Aerdt Houben, Director of the Financial Markets Division at De Nederlandsche Bank, as its Chair.
This report identifies effective approaches adopted by countries to implement the G20/OECD High-Level Principles on SME Financing. It draws on responses to two surveys from 40 participating countries, including 15 G20 countries.
4-5 September 2018, Paris - The OECD Blockchain Policy Forum on "Distributed Ledgers: Opportunities and Challenges" was the first major international conference to take stock of blockchain’s impacts across the full range of government activities and public priorities.
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China's Belt and Road Initiative (BRI) development strategy aims to build connectivity and co-operation worldwide. This report explores and quantifies parts of the BRI strategy, the impact on other BRI-participating economies and some of the implications for OECD countries. It reproduces Chapter 2 from the 2018 edition of the OECD Business and Financial Outlook.
29 June 2018 - This keynote address focuses on the three main forces driving change in the financial sector: the growing importance of trust; the accelerating digitalisation of the economy; and the unprecedented interconnectedness of global markets. This keynote address was made by Greg Medcraft, OECD Director of Financial and Enterprise Affairs, at the Annual Conference of the Cambridge Centre for Alternative Finance.
Paris, 25 May 2018 - Following a keynote speech from Emmanuelle Auriol, Professor at Toulouse School of Economics and Chair of Women in Economics of the European Economic Association, discussions at this event will explore some of the issues emerging from the gender biases evident in the field of economics.