business and finance 7th Forum on responsible mineral supply chains By www.oecd.org Published On :: Mon, 26 May 2014 16:08:00 GMT This meeting provided the opportunity to review and discuss implementation of the OECD Due Diligence Guidance and the ICGLR Regional Certification Mechanism. Issues pertinent to the tin, tantalum and tungsten (3Ts) and gold supply chains were addressed during the three-day forum. Full Article
business and finance Tajikistan should step up its fight against corruption By www.oecd.org Published On :: Tue, 27 May 2014 14:43:00 GMT Tajikistan needs to step up its fight against corruption and turn political declarations of commitment into action, says a new OECD report. Full Article
business and finance Mongolia should persist with systematic anti-corruption reforms By www.oecd.org Published On :: Tue, 27 May 2014 14:49:00 GMT Mongolia should persist with systematic reforms in its struggle against corruption, says a new report by the Istanbul Anti-Corruption Action Plan (IAP). Full Article
business and finance Communiqué by participants at the 7th ICGLR-OECD-UN Group of Experts Forum on Responsible Mineral Supply Chains By www.oecd.org Published On :: Mon, 02 Jun 2014 10:27:00 GMT Participants at the forum adopted a communiqué calling for companies to confront challenges they encounter openly and transparently by publicly reporting on due diligence in accordance with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas Full Article
business and finance 2014 G20-OECD High-level roundtable on institutional investors and long-term investment By www.oecd.org Published On :: Wed, 04 Jun 2014 08:00:00 GMT Singapore, 4 June 2014: This roundtable focused on how policymakers and investors can facilitate private sector infrastructure financing, as well as issues related to governance for institutional investors and the accounting treatment for long-term investment. Full Article
business and finance OECD Guidelines for Multinational Enterprises - Responsible Business Conduct Matters By www.oecd.org Published On :: Fri, 06 Jun 2014 07:00:00 GMT Available in several languages, this booklet provides basic information about the OECD Guidelines for Multinational Enterprises, the most comprehensive set of government-backed recommendations on responsible business conduct in existence today. Adhering governments aim to encourage the positive contributions MNEs can make to sustainable development and to minimise the difficulties to which their various operations may give rise. Full Article
business and finance Southeast Asia Investment Policy Perspectives By www.oecd.org Published On :: Tue, 10 Jun 2014 15:04:00 GMT The Southeast Asian region has the potential to attract significant amounts of international investment in the coming years. To help ASEAN countries address the challenges that arise from an increased openness to investment, this report analyses the region's investment climate and suggests ways to bring about a greater convergence of both policies and outcomes for the countries involved. Full Article
business and finance Fourth Annual High-Level Anti-Corruption Conference for G20 Governments and Business By www.oecd.org Published On :: Wed, 11 Jun 2014 23:25:00 GMT Co-organised by the Italian Co-Chair of the G20 Anti-Corruption Working Group and the OECD, participants discussed progress in advancing the key elements of the global anti-corruption agenda and innovative solutions to address the latest challenges facing countries, business and civil society. Full Article
business and finance Estonia needs to promptly address rising foreign bribery risks, says OECD By www.oecd.org Published On :: Thu, 12 Jun 2014 09:01:00 GMT Estonia’s framework for combating foreign bribery may be inadequate to efficiently tackle rising foreign bribery risks resulting from its increasingly export-intensive economy. Full Article
business and finance Slovenia must urgently prioritise the fight against foreign bribery, says OECD By www.oecd.org Published On :: Thu, 12 Jun 2014 09:15:00 GMT Serious steps must be taken by Slovenia to ensure that it effectively detects, investigates and prosecutes allegations of transnational bribery. Full Article
business and finance Statement of OECD Working Group on Bribery on Spain’s efforts to amend its Penal Code and to enforce its foreign bribery offence By www.oecd.org Published On :: Thu, 12 Jun 2014 14:37:00 GMT The OECD Working Group on Bribery supports Spain’s efforts to further reform its Penal Code to bring its anti-bribery law into line with its international obligations under the OECD Convention on Combatting Bribery of Foreign Public Officials in International Business Transactions. Full Article
business and finance Statement of OECD on Japan’s Efforts to Increase Foreign Bribery Enforcement By www.oecd.org Published On :: Thu, 12 Jun 2014 14:43:00 GMT Due to serious concerns about the extremely low level of enforcement of Japan’s offence of bribing foreign public officials – just three prosecutions since 1999 – the OECD Working Group on Bribery recommended in December 2013 that Japan establish an Action Plan to organise police and prosecution resources to be able to proactively detect, investigate and prosecute cases of foreign bribery by Japanese companies. Full Article
business and finance Líneas directrices de la OCDE para empresas multinacionales - La importancia de una conducta responsable por parte de las empresas By www.oecd.org Published On :: Thu, 26 Jun 2014 10:26:00 GMT Este folleto contiene información esencial sobre las Líneas Directrices de la OCDE para empresas multinacionales, que en la actualidad constituyen las recomendaciones más exhaustivas aprobadas por los gobiernos sobre la conducta responsable de las empresas. Full Article
business and finance Moving beyond rhetoric: Responsibility in practice By www.oecd.org Published On :: Thu, 26 Jun 2014 11:08:00 GMT This Global Forum plays an important role as the tool for on-going dialogue on responsible business conduct. I am pleased to announce that today, Ministers from over 20 countries are coming together to discuss how to integrate responsibility considerations throughout government policies. Their work will contribute to protect internationally recognised fundamental rights and to ensure good governance, fair regulations, and transparency. Full Article
business and finance Statement by the National Contact Points for the OECD Guidelines for Multinational Enterprises - One Year After Rana Plaza By www.oecd.org Published On :: Thu, 26 Jun 2014 12:35:00 GMT This statement was adopted by National Contact Points on 25 June 2014 during their 15th Meeting. Full Article
business and finance Ministerial Communiqué on Responsible Business Conduct By www.oecd.org Published On :: Thu, 26 Jun 2014 15:06:00 GMT Communiqué by Ministers participating in the informal ministerial meeting on responsible business conduct that took place at the OECD on 26 June 2014. Full Article
business and finance Fact finding survey on investment treaty law, sustainable development responsible business conduct By www.oecd.org Published On :: Thu, 26 Jun 2014 15:06:00 GMT This survey was presented at the Informal ministerial meeting on responsible business conduct held in Paris on 26 June 2014. Full Article
business and finance The Policy Framework for Investment in Agriculture By www.oecd.org Published On :: Thu, 03 Jul 2014 16:42:00 GMT The Policy Framework for Investment in Agriculture is a flexible tool which helps governments evaluate their investment policies in the ten areas essential to creating an attractive environment for investors and in enhancing the development benefits of agricultural investment. Full Article
business and finance Latin America and Caribbean: Conference on infrastructure investment By www.oecd.org Published On :: Mon, 07 Jul 2014 11:16:00 GMT This conference addressed key questions on investment in infrastructure and transport in Latin America and the Caribbean. It brought together policymakers, international experts and other interested stakeholders to discuss concrete policy recommendations to maximise the opportunities and address the challenges in the region. Full Article
business and finance OECD-AfDB seminar on addressing policy impediments to private investment in African infrastructure By www.oecd.org Published On :: Tue, 15 Jul 2014 16:08:00 GMT This seminar investigated how changes made in key policy areas at national, regional and international levels can help generate more and better private investment in Africa’s infrastructure. Full Article
business and finance B20 Panel: The next wave of global investment: what and where? By www.oecd.org Published On :: Fri, 18 Jul 2014 16:48:00 GMT Since the start of the crisis, a growing number of OECD countries have been reporting declining inward and outward FDI, a phenomenon that could be described as ‘investment de-globalisation’. Governments must take immediate and vigorous action to reverse such trends by removing unnecessary barriers and complexities that hinder investment, said OECD Secretary-General. Full Article
business and finance Self-assessment of South Africa's investment regime in relation to the OECD Codes of Liberalisation and the principle of National Treatment By www.oecd.org Published On :: Tue, 05 Aug 2014 08:43:00 GMT This self-assessment report looks at South Africa's investment regime in the light of the OECD Codes of Liberalisation and the principle of National Treatment. Full Article
business and finance Blog: Building a case for green private investment by Simon Upton By www.greengrowthknowledge.org Published On :: Tue, 02 Sep 2014 09:55:00 GMT If we are to meet the goal of keeping global warming to 2 degrees, governments need to engage now to get on the right track to achieve zero‑net greenhouse emissions from combustion of fossil fuels in the second half of this century. Given the urgency of doing so, why does our dependence on fossil fuels appear to be unshaken? Full Article
business and finance ADB-OECD Conference on fighting corruption and building trust in Asia and the Pacific By www.oecd.org Published On :: Fri, 05 Sep 2014 11:37:00 GMT 3-4 September 2014, Phnom Penh, Cambodia: This conference focused on the key levers for restoring trust in government and building trust by and in the private sector and civil society. Full Article
business and finance Webcast on anti-corruption ethics and compliance tools from UNODC, OECD, World Bank By www.oecd.org Published On :: Tue, 16 Sep 2014 14:43:00 GMT Based on the OECD-UNODC-World Bank Anti-Corruption Ethics and Compliance Handbook, this webcast organised by KPMG offered an opportunity for attendees to learn about and understand the value of anti-corruption and ethics compliance best practices and how to use them to enhance their programmes. Full Article
business and finance ILO-OECD roundtable on responsible sourcing in the textile and garment sector By www.oecd.org Published On :: Mon, 29 Sep 2014 16:08:00 GMT This roundtable provided a forum for dialogue on building responsible supply chains in the textile and garment sector that contribute to inclusive growth and sustainable development, in line with the OECD and ILO recommendations. The Roundtable also identified challenges and areas for future collaborative action. Full Article
business and finance Anti-corruption Network for Eastern Europe and Central Asia meetings: October 2014 By www.oecd.org Published On :: Wed, 08 Oct 2014 15:59:00 GMT 8-10 October 2014, Paris, France: Discussions at this meeting will focus on implementing the Istanbul Anti-Corruption Action Plan; monitoring reports for Armenia and Kazakhstan; and, progress reports from Azerbaijan, Georgia, Kyrgyz Republic, Mongolia, Tajikistan, Ukraine and Uzbekistan. Full Article
business and finance The growing pains of investment treaties By oe.cd Published On :: Mon, 13 Oct 2014 19:26:00 GMT OECD Secretary-General Angel Gurría blogs about international investment treaties at a time when they are increasingly in the spotlight. Full Article
business and finance Despite progress made and improved legal framework, OECD seriously concerned about Turkey’s level of detection and investigation of foreign bribery By www.oecd.org Published On :: Thu, 23 Oct 2014 11:22:00 GMT Turkey is a significant and geopolitically critical economy. Its companies, like those from many other countries, operate in corruption-prone sectors and countries. In spite of this, only 10 allegations have come to the attention of Turkish authorities since foreign bribery became an offence in Turkey in 2003. Full Article
business and finance Statement of the OECD Working Group on Bribery on France’s implementation of the Anti-Bribery Convention By www.oecd.org Published On :: Thu, 23 Oct 2014 15:57:00 GMT After a comprehensive review in October 2012, the OECD Working Group on Bribery asked France, through a series of concrete recommendations, to intensify its actions to fight the bribery of foreign public officials and undertake important reforms. Full Article
business and finance China and OECD to co-operate on promoting the responsible sourcing of minerals By www.oecd.org Published On :: Fri, 24 Oct 2014 11:18:00 GMT Beijing, 24 October 2014 - China presented guidelines intended to provide a roadmap for the responsible business conduct of Chinese companies operating overseas. In addition, China and the OECD signed a Memorandum of Understanding to promote the implementation by Chinese companies of responsible business conduct in global mineral supply chains. Full Article
business and finance Kazakhstan must sharpen its strategy and raise impact of its anti-corruption measures By www.oecd.org Published On :: Wed, 29 Oct 2014 10:43:00 GMT Kazakhstan’s new anti-corruption strategy must be better defined, involving key stakeholders, with targeted actions and goals that address the key corruption challenges facing the country, says a new OECD report by the Istanbul Anti-Corruption Action Plan (IAP). Full Article
business and finance Brazil closes legal loophole on foreign bribery: OECD hopes this will now translate into stepped up enforcement By www.oecd.org Published On :: Wed, 29 Oct 2014 13:00:00 GMT Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery. Full Article
business and finance Public consultation on updating the Policy Framework for Investment By www.oecd.org Published On :: Fri, 31 Oct 2014 15:15:00 GMT This public consultation was held to gather interested stakeholders' comments on the draft chapters of the Policy Framework for Investment currently being updated. The consultation ran until 31 December 2014. Full Article
business and finance 8th Forum on responsible mineral supply chains By www.oecd.org Published On :: Mon, 03 Nov 2014 16:08:00 GMT This meeting provided the opportunity to review and discuss implementation of the OECD Due Diligence Guidance, the ICGLR Regional Certification Mechanism, and other initiatives to enable responsible mineral supply chains. Issues pertinent to the tin, tantalum and tungsten (3Ts) and gold supply chains were also addressed during the Forum. Full Article
business and finance Public Financial Institutions and the Low-carbon Transition: Five Case Studies on Low-Carbon Infrastructure and Project Investment - Environment Working Paper By dx.doi.org Published On :: Thu, 06 Nov 2014 10:41:00 GMT Public financial institutions (PFIs) are well-positioned to act as a key leverage point for governments’ efforts to mobilise private investment in low-carbon projects and infrastructure. This study identifies the tools, instruments and approaches used by five PFIs to directly support and scale-up domestic private sector investment in sustainable transport, energy-efficiency and renewable energy in OECD countries. Full Article
business and finance International investment in Europe: A canary in the coal mine? By www.oecd.org Published On :: Mon, 10 Nov 2014 15:57:00 GMT Global FDI flows collapsed with the global financial crisis in 2008 and remain 40% below pre-crisis levels. A major reason for this is the EU. While FDI flows in the rest of the world recovered by 2010, the EU continues to struggle due to structural factors that are undermining the quality of the EU’s investment environment. The paper analyses why and puts forward policy options. It is part of the Investment Insights series. Full Article
business and finance Strengthening Global Growth: The G20 Brisbane Summit’s Challenges and Contributions By www.oecd.org Published On :: Thu, 13 Nov 2014 09:41:00 GMT The G20 needs to go structural, social, and green! With fiscal and monetary policy room nearly exhausted, structural reforms are the best choices, sometimes the only choice. The OECD battle cry in this regard has been unchanged since 2008: “go structural!”. Full Article
business and finance How world trade can spur a recovery By www.oecdobserver.org Published On :: Thu, 13 Nov 2014 12:00:00 GMT A little over a year ago the OECD and the World Trade Organization (WTO) launched Trade in Value-Added (TiVA), a new database on trade measured in value-added terms. The evidence that we have unlocked using TiVA has begun to revolutionise our understanding of what is happening in global trade, investment and production. Full Article
business and finance Scale of international bribery laid bare by new OECD report By www.oecd.org Published On :: Tue, 02 Dec 2014 10:00:00 GMT Most international bribes are paid by large companies, usually with the knowledge of senior management, according to new OECD analysis of the cost of foreign bribery and corruption. Full Article
business and finance Launch of the OECD Foreign Bribery Report By www.oecd.org Published On :: Tue, 02 Dec 2014 23:58:00 GMT The OECD Foreign Bribery Report was launched by the OECD Secretary-General in Paris on 2 December 2014. This ground breaking report analyses data emerging from all foreign bribery enforcement actions concluded since the entry into force of the OECD Anti-Bribery Convention and for the first time ‘measures’ the crime of corruption. Full Article
business and finance Public consultation on Phase 4 monitoring of the OECD Anti-Bribery Convention By www.oecd.org Published On :: Thu, 04 Dec 2014 12:22:00 GMT The OECD Working Group on Bribery invited public comments on the next phase of country monitoring under the OECD Anti-Bribery Convention between 5 November and 1 December 2014. The call for comment is now closed. Full Article
business and finance International investment continues to struggle: Foreign direct investment in figures - December 2014 By www.oecd.org Published On :: Fri, 05 Dec 2014 11:02:00 GMT Global FDI flows for 2014 have stalled at levels substantially below the peak levels reached before the financial crisis and ensuing global recession that began in 2008 according to preliminary estimates in the December 2014 issue of FDI in Figures. Full Article
business and finance International Anti-Corruption Day - 2014 By www.oecd.org Published On :: Tue, 09 Dec 2014 18:00:00 GMT As part of the International Anti-Corruption Day, the OECD has joined Member and Partner countries and other International Organisations in raising awareness about the costs and detrimental effects of corruption. Full Article
business and finance Consultation on Phase 4 monitoring of the OECD Anti-Bribery Convention By www.oecd.org Published On :: Tue, 09 Dec 2014 22:55:00 GMT On the occasion of International Anti-Corruption Day, this Working Group on Bribery consultation with the private sector and civil society focused on the development of the Phase 4 evaluation process of the OECD Anti-Bribery Convention. Full Article
business and finance 2014 ASEAN-OECD Conference on investment policy in Southeast Asia By www.oecd.org Published On :: Wed, 10 Dec 2014 12:49:00 GMT This conference showcased ASEAN’s regional investment integration achievements and efforts. Practitioners highlighted policy reforms at the national and regional levels and considered practical measures to enhance integration. Ways to successfully attract investment that will strengthen ASEAN supply chains were identified. Full Article
business and finance Argentina seriously non-compliant with key articles of Anti-Bribery Convention, says OECD By www.oecd.org Published On :: Thu, 18 Dec 2014 11:00:00 GMT The OECD Working Group on Bribery doubts Argentina’s commitment to fight foreign bribery. Argentina still has no law to punish companies for foreign bribery or prosecute its citizens who commit this crime abroad. Widespread delays continue to plague complex economic crime investigations. Full Article
business and finance France - OECD Anti-Bribery Convention By www.oecd.org Published On :: Mon, 22 Dec 2014 11:46:00 GMT This page contains all information relating to implementation of the OECD Anti-Bribery Convention in France. Full Article
business and finance Infrastructure versus other investments in the global economy and stagnation hypotheses: What do company data tell us? By www.oecd.org Published On :: Fri, 16 Jan 2015 11:36:00 GMT “Why do financial institutions and investors see so little risk, while companies investing in the real economy see so much risk?” This is perhaps the most important question facing policy makers today. This paper sets out some of the possible hypotheses for lack of investment in the world economy. It uses data drawn from 10 000 global companies in 75 advanced and emerging countries. Full Article
business and finance Escaping the Stagnation Trap: Policy Options for the Euro Area and Japan By www.oecd.org Published On :: Wed, 21 Jan 2015 16:00:00 GMT The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth. Full Article