OECD Business and Finance Outlook 2018
by Organization for Economic Cooperation and Development (Editor)

About this book
This is the fourth edition of the OECD Business and Finance Outlook, an annual publication that presents unique data and analysis on the trends, both positive and negative, that are shaping tomorrow’s world of business, finance and investment. Using analysis from a wide range of perspectives, this year’s edition addresses connectivity, both among institutions within the global financial system and among countries. Almost a decade on from the 2008 financial crisis, the Outlook examines new risks to financial stability that will put financial reforms to the test, focusing in particular on the normalisation of monetary policy, debt problems and off-balance sheet activity in China. With respect to connectivity among countries, the Outlook examines the new phase of globalisation centred on Asia/Eurasia, using China’s Belt and Road Initiative as a case study. It argues that this ambitious development plan has a number of economic issues to look out for, and that it would be best carried through with transparent “rules of the game” that will help ensure a level playing field for all.
The OECD Business and Finance Outlook 2018 is the joint work of staff of the OECD Directorate for Financial and Enterprise Affairs. It has benefited from comments by delegates of relevant committees and other parts of the OECD Secretariat.

Table of contents
Acronyms and abbreviations
Editorial
Executive summary
Chapter 1. The financial system outlook
    1.1. Introduction
    1.2. Prospects for the unwinding of ultra-low interest rates and central bank assets
    1.3. Dealing with risks in the banking system through reforms
    1.4. Risks building in the Chinese banking system
    1.5. Conclusions
    Notes
    References
    Annex 1.A. Company data and sample description
    Annex 1.B. List of economies by group
Chapter 2. The Belt and Road Initiative in the global trade, investment and finance landscape 61
    2.1. Introduction
    2.2. Global infrastructure needs
    2.3. The Belt and Road Initiative as a strategy to promote and sustain growth
    2.4. Motivations for the Belt and Road Initiative
    2.5. Size of investment for construction in the Belt and Road Initiative
    2.6. The financing of connectivity projects within the BRI
    2.7. High-technology corporate investments, China’s technology and troubled assets
    2.8. The BRI as a platform for promoting trade
    2.9. Concluding comments
    Notes
    References
    Annex 2.A. Trade Gravity Model
    Annex 2.B. List of economies by group
Chapter 3. Reaping the full benefits of large infrastructure projects
    3.1. Introduction
    3.2. State-owned enterprises and corporate governance
    3.3. Open competition in procurement
    3.4. Fighting corruption and promoting responsible business conduct
    3.5. Towards greater openness to international investment
    3.6. Policy recommendations
    Notes
    References
    Annex 3.A. List of economies by group

Length: 138 pages
Publisher: OECD Publishing; 4th ed. 2018 edition (September 6, 2018)
Language: English
ISBN-13:  978-92-64-29882-8