OECD Business and Finance Outlook 2019
Strengthening Trust in Business
The OECD Business and Finance Outlook is 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 considers the importance of public trust in business and finance, offering a conceptual approach to understanding facets of trust in finance, investment and business with respect to economic value, fairness and integrity of conduct, as well as alignment with societal values. The Outlook provides an assessment of factors that contributed to a deterioration of trust during the Global Financial Crisis; reviews recent developments that could contribute to a renewed erosion of trust; and, offers policy considerations to help strengthen public trust in business and finance.
Executive Summary
Trust is a basic element for the well-functioning of institutions, including governments, markets and businesses, and for society more broadly. In the decade since the global financial crisis, many policies and initiatives have been designed to help restore trust at national and global levels. However, the backlashes against globalisation and mounting protectionism trends mean that questions remain about whether enough has been done by public and private stakeholders to support healthy trust in the financial and business landscape. And, if not, what can be done to address remaining concerns?
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