pr OECD and National Human Rights Institutions join forces to promote respect of human rights by multinational companies By www.oecd.org Published On :: Wed, 07 Nov 2012 17:53:00 GMT 07/11/12 - the OECD and the International Coordinating Committee of National Human Rights Institutions concluded a Memorandum of Understanding to promote respect by multinational enterprises of the new human rights chapter of the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles for Business and Human Rights upon which the OECD Guidelines are based. Full Article
pr 2012 Annual Report on the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Wed, 12 Dec 2012 00:00:00 GMT The 2012 annual report on the OECD Guidelines for Multinational Enterprises provides an account of the actions taken by the adhering governments over the 12 months to June 2012 to enhance the contribution of the Guidelines to the improved functioning of the global economy and focuses on how NCPs are working to improve their mediation skills. Full Article
pr Panel on private investment in the food and agriculture sectors By www.oecd.org Published On :: Fri, 18 Jan 2013 16:46:00 GMT Private investment in the food and agriculture sectors can enhance productivity, drive job creation and income growth, increase food supply and improve food security, according to panel participants. The panel also recognised the need to attract more private private investment in the food and agriculture sectors, and called on governments to design coherent policy frameworks and implement reforms to improve the investment climate. Full Article
pr New Entrepreneurs and High Performance Enterprises in the Middle East and North Africa By dx.doi.org Published On :: Wed, 06 Feb 2013 18:26:00 GMT The book assesses the current policy context for young enterprises in the MENA region and outlines policy tools and instruments, both indirect and direct, that governments can implement to support new enterprise development. Full Article
pr OECD to assist Tunisia in investment reform and infrastructure projects By www.oecd.org Published On :: Thu, 28 Feb 2013 11:44:00 GMT The OECD, together with the African Development Bank and International Finance Corporation, will assist the Tunisian authorities in implementing a new law on public-private partnerships(PPPs)and a new investment code in order to increase transparency, openness and predictability for investors. Full Article
pr Denmark must investigate foreign bribery more proactively By www.oecd.org Published On :: Thu, 21 Mar 2013 15:58:00 GMT Denmark’s enforcement of its foreign bribery laws has been weak. Only 13 foreign bribery allegations have surfaced, and sanctions have been imposed in just one case that falls under the Convention. Law enforcement authorities have not been sufficiently proactive, and cases have been prematurely closed without complete investigations. Denmark must take more investigative steps and make greater efforts to gather evidence from abroad. Full Article
pr Regrettably low awareness in the private sector is an obstacle to the fight against foreign bribery in the Czech Republic By www.oecd.org Published On :: Thu, 21 Mar 2013 16:09:00 GMT The Czech government must urgently engage with the private sector to raise awareness, says a new OECD report. The awareness of the Czech foreign bribery offence remains regrettably low among companies, despite the recent adoption of a comprehensive corporate liability regime that holds Czech companies liable for this crime. Full Article
pr FDI in Figures, April 2013 By www.oecd.org Published On :: Tue, 16 Apr 2013 00:00:00 GMT Despite a 22% increase in the last quarter, global FDI flows in 2012 declined by 14% to USD 1.4 trillion compared to 2011 figures, according to preliminary estimates in the April 2013 issue of FDI in Figures. Full Article
pr OECD-SADC-IFC-JICA seminar on private sector participation in Africa's infrastructure By www.oecd.org Published On :: Fri, 31 May 2013 18:09:00 GMT This seminar focused on overcoming challenges to private sector participation in infrastructure in Southern Africa. Full Article
pr Portugal needs proactive enforcement to tackle severe foreign bribery risks, says OECD By www.oecd.org Published On :: Thu, 20 Jun 2013 11:00:00 GMT Portugal’s enforcement of its foreign bribery laws has been extremely low. Not a single prosecution has resulted from 15 allegations of Portuguese companies bribing foreign officials in high-risk countries. Full Article
pr Leaders endorse new G20/OECD principles on long-term investment financing By www.oecd.org Published On :: Fri, 06 Sep 2013 14:00:00 GMT G20 Leaders today endorsed an OECD-launched initiative to encourage the flow of institutional investment towards longer-term assets, such as infrastructure and renewable energy projects, in order to strengthen the global economy. Full Article
pr Global Value Chains offer major opportunity for growth and progress in advanced and developing economies, according to OECD-WTO-UNCTAD report to G20 By www.oecd.org Published On :: Fri, 06 Sep 2013 22:53:00 GMT Global value chains (GVCs) have become a dominant feature of world trade and investment, offering new prospects for growth, development and jobs, according to a new joint report by the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD). Full Article
pr Despite certain progress, the OECD remains concerned with Russia’s compliance with key provisions of the OECD Anti-Bribery Convention By www.oecd.org Published On :: Thu, 17 Oct 2013 11:00:00 GMT Russia has yet to address key provisions of the OECD Anti-Bribery Convention, which entered into force in Russia in April 2012. It has not yet fully implemented recommendations for strengthening its framework for combating foreign bribery and should be more proactive in detecting, investigating and prosecuting foreign bribery cases. Full Article
pr Myanmar pledges further investment climate reforms; welcomes OECD efforts to promote responsible investment By www.oecd.org Published On :: Mon, 21 Oct 2013 21:17:00 GMT Deputy Minister of National Planning and Economic Development, Dr. Khin San Yee, presented her country’s ambitious efforts to improve the investment climate at meetings of the OECD Investment Committee and Advisory Group on Investment and Development from 15-17 October 2013 in Paris. Full Article
pr Georgia should strengthen civil service and independent judiciary to build on anti-corruption progress By www.oecd.org Published On :: Thu, 31 Oct 2013 16:43:00 GMT Georgia has achieved significant progress in reducing corruption over the past decade. To build on this progress, the Government should focus on strengthening its professional civil service and ensure independence of the judiciary, according to a new OECD report. Full Article
pr Azerbaijan should be more proactive against corruption By www.oecd.org Published On :: Thu, 31 Oct 2013 17:24:00 GMT Azerbaijan must do more to enforce recently introduced anti-corruption laws and to ensure law enforcement has the resources to prosecute complex corruption crimes, says a new OECD report. Full Article
pr Trade and Investment Week kicks off with responsible business practice conference By www.oecd.org Published On :: Mon, 18 Nov 2013 14:18:00 GMT 18 November 2013 - Asia-Pacific Trade and Investment Week 2013 opened in Bangkok today with a regional conference on responsible business practices jointly organised by the United Nations Economic and Social Commission of Asia and the Pacific (ESCAP) and the Organisation for Economic Co-operation and Development (OECD). Full Article
pr Conference on advancing responsible business practices in the Asia-Pacific region By www.oecd.org Published On :: Mon, 18 Nov 2013 18:09:00 GMT Jointly organised by the OECD and ESCAP, this conference focused on the role of governments in supporting and facilitating more sustainable and inclusive business practices in the Asia-Pacific region. Full Article
pr 2013 Annual Report on the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Wed, 04 Dec 2013 00:00:00 GMT The 2013 Annual Report describes the activities undertaken to promote the observance of the Guidelines during the implementation cycle of June 2012-June 2013. This includes the launch of the Global Forum on Responsible Business Conduct (RBC), the establishment of a Working Party on RBC, and the elaboration of a robust multi-stakeholder proactive agenda to promote the observance of the principles and standards found in the Guidelines. Full Article
pr Conference on promoting responsible investment in Myanmar By www.oecd.org Published On :: Tue, 04 Mar 2014 16:46:00 GMT This conference focused on recent reforms undertaken by the government to improve the investment climate in Myanmar, and the ways that the international community can help ensure that renewed investor interest contributes to sustainable and inclusive development. It featured a discussion of the detailed finding of the recently released OECD Investment Policy Review of Myanmar. Full Article
pr Progress made but Chile should better detect and thoroughly investigate foreign bribery, says OECD By www.oecd.org Published On :: Tue, 18 Mar 2014 11:00:00 GMT Chile has made positive efforts to implement the Convention, but there has not been a single foreign bribery conviction. Chile did not sufficiently investigate several of the six foreign bribery allegations that have surfaced since 2001. Chile should improve its investigative and detection efforts, says OECD Full Article
pr Proposed EU responsible trading strategy for minerals from conflict zones By www.oecd.org Published On :: Fri, 21 Mar 2014 14:22:00 GMT The European Commission has proposed an integrated EU approach to stop profits from trading minerals being used to fund armed conflicts. The package of measures aims to make it more difficult for armed groups in conflict-affected and high-risk areas to finance their activities through the mining of and trade in minerals. Full Article
pr FDI in Figures, April 2014 By www.oecd.org Published On :: Wed, 30 Apr 2014 15:51:00 GMT Global FDI flows increased by only 4.5% in 2013 and international mergers and acquisitions, an important component of FDI, were down sharply in the first quarter of 2014 according to preliminary estimates in the April 2014 issue of FDI in Figures. Full Article
pr 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
pr 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
pr 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
pr 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
pr 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
pr 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
pr 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
pr 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
pr 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
pr 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
pr 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
pr 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
pr FDI in Figures, April 2015 By www.oecd.org Published On :: Wed, 29 Apr 2015 08:35:00 GMT Global FDI flows picked up in the second half of 2014, increasing 17% in Q3 and 3% in Q4, representing an overall 9% increase in the second half of 2014 compared to a year earlier. The volume of flows in 2014 was USD 1.3 trillion, 2% lower than 2013, but this decrease was due to... Full Article
pr The OECD's approach to capital flow management measures used with a macro-prudential intent By www.oecd.org Published On :: Wed, 29 Apr 2015 11:22:00 GMT This report responds to a request from the G20 that the IMF and OECD assess whether further work is needed on their respective approaches to measures which are both macro-prudential and capital flow measures, taking into account their individual mandates. The report was transmitted to G20 Finance Ministers and Central Bank Governors at their meeting on 16-17 April 2015 in Washington D.C. Full Article
pr Prevention of Corruption in the Public Sector in Eastern Europe and Central Asia By www.oecd.org Published On :: Mon, 18 May 2015 15:43:00 GMT This cross-country report on prevention of public sector corruption analyses the preventive measures that have proven to be effective and successful in Eastern Europe and Central Asia. The review focuses on twenty-one countries in Eastern Europe and Central Asia and includes examples from OECD countries. Full Article
pr Economic Outlook: Projections for Latin American countries By www.oecd.org Published On :: Wed, 03 Jun 2015 11:29:00 GMT Latin American economic growth is set to recover during the second half of 2015 and gain further speed in 2016, though with notable differences across countries. Full Article
pr Measuring International Investment by Multinational Enterprises By www.oecd.org Published On :: Wed, 05 Aug 2015 11:50:00 GMT This brochure explains the major changes introduced in the OECD’s 4th Benchmark Definition of Foreign Direct Investment (FDI), which saw widespread implementation in 2014, and assesses the impact on FDI statistics. Full Article
pr Mongolia should make combating nepotism and political corruption a priority By www.oecd.org Published On :: Fri, 20 Nov 2015 17:44:00 GMT Mongolia’s rapid economic and social development, fuelled by the discovery of significant mineral resources, has exacerbated governance and corruption challenges. Full Article
pr The problem: Clean energy does not have enough profitable projects By www.oecd.org Published On :: Wed, 09 Dec 2015 08:28:00 GMT OECD's Adrian Blundell-Wignall explains why clean energy projects are not attracting investors despite the availability of fund for investment. This paper was presented at a high-level breakfast event on institutional investors and the low-carbon transition hosted by the OECD Secretary-General during COP21 on 9 December 2015. Full Article
pr The legal framework applicable to joint interpretive agreements of investment treaties By dx.doi.org Published On :: Wed, 10 Feb 2016 18:32:00 GMT Most investment treaties do not expressly address joint interpretations and thus leave the issue to more general rules. This paper addresses the general legal framework applicable to joint agreements by treaty parties about the interpretation of treaties. It outlines key concepts and distinctions, and considers effects on third parties. Full Article
pr Co-operation on approaches to macro-prudential and capital flow management measures: Update by the IMF and the OECD By www.oecd.org Published On :: Tue, 16 Feb 2016 09:46:00 GMT This update report by the IMF and the OECD was delivered to G20 in February 2016. Full Article
pr Conference on investment treaties: The quest for balance between investor protection and governments’ right to regulate By www.oecd.org Published On :: Mon, 14 Mar 2016 12:19:00 GMT Paris, 14 March 2016: Organised by the OECD-hosted Freedom of Investment Round-table, this conference will explore how governments are balancing investor protection and how to improve balance through new institutions. Full Article
pr FDI in Figures, April 2016 By www.oecd.org Published On :: Fri, 29 Apr 2016 17:41:00 GMT In 2015, global FDI flows increased by 25% to USD 1.7 trillion, reaching their highest level since the global financial crisis began in 2007. Corporate and financial restructuring played a large role. Full Article
pr Organising sporting events: Preventing corruption and promoting responsible business conduct By www.oecd.org Published On :: Thu, 12 May 2016 08:13:00 GMT This brochure looks at the corruption, labour, human rights and environmental risks associated with the organisation of large sporting events. It describes how OECD instruments and expertise in implementation of complex projects can help host governments, event organisers and their business partners ensure that the world of sport remains associated with the traditional values of excellence and fair play. Full Article
pr Tackling policy fragmentation: the key to getting onto a path of rapid and sustainable productivity growth By www.oecd.org Published On :: Thu, 09 Jun 2016 11:32:00 GMT Further structural reforms are needed to help the business sector boost productivity growth and overcome the key challenges of sluggish investment in advanced economies and excess capacity in emerging economies, according to a new OECD report. Full Article
pr International Anti-Corruption Practitioner Conference By www.oecd.org Published On :: Tue, 14 Jun 2016 17:37:00 GMT 14-16 June 2016, Paris: The OECD hosted an International Anti-Corruption Conference organised by the French Ministry of Justice, and with the support of the World Bank and the United Kingdom. This conference brought together representatives from anti-corruption authorities worldwide responsible for investigating and prosecuting corruption. Full Article
pr Japan must make fighting international bribery a priority By www.oecd.org Published On :: Thu, 30 Jun 2016 07:02:00 GMT The OECD Working Group on Bribery in International Transactions has continuously urged Japan since 2002 to strengthen its efforts to fight bribery by Japanese companies in their foreign business activities, and implementation of the Convention on Combating the Bribery of Foreign Public Officials in International Business Transactions. Full Article