competitive market), capital misallocation and stalling technological diffusion. New OECD policy indicators show that there is … markets. As the zombie firm problem may partly stem from bank forbearance, complementary reforms to insolvency regimes are …

integration has been a major vector of contagion, and even more so when cross-border bank lending was primarily short … capital controls on inflows from credit operations have reduced the impact of financial contagion, not least by shifting the … structure of external liabilities. Stricter information disclosure rules or capital requirements, and strong supervisory …

capital, immigration and lower technical progress. In particular, labour productivity would be held back by a drop in foreign …