The Deepwater Horizon oil spill in 2010, and the 2008 financial meltdown—whose aftershocks are still reverberating globally—have at least one trait in common: they reflected breakdowns in the regulatory process. This is not to say that the principal industry actors in both catastrophes were mere bystanders, but with better regulatory oversight, the disasters could have been prevented.

To achieve a euro area fiscal stance that fosters the recovery, countries with fiscal space under the Stability and Growth Pact rules should use budgetary support to raise growth, and existing incentives and flexibility should be taken advantage of to pursue reforms of tax and spending policies.

The Municipality of Torreon sets the foundations to address and implement the 267 recommendations delivered by the OECD in February 2016

Across the OECD, GDP per capita is converging. In contrast, regional disparities – or differences in GDP per capita across jurisdictions – are rising, mainly as a result of widening productivity differences. Fiscal decentralisation could help reduce them again. According to new OECD research, assigning more ownsource revenue to sub-national governments dampens regional GDP disparities and underpins regional convergence.

The growth pattern of OECD countries and their sub-national entities is puzzling. Between-country differences in GDP per capita are declining, yet the differences across jurisdictions within those countries tend to rise.

Your zip code matters – but not only to get your mail. It determines your chances of going to a good school, finding a well-paid job, breathing clean air or even living longer. Our day-to-day experience of life is essentially local, and this is precisely where governments and citizens can make a difference. Blog by OECD's Soo-Jin Kim.

Middle Eastern and North African countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD told ministers from the region today.

Forum promoting policy exchange on the increasing strategic approach of Innovation Procurement. This forum provided a space for policy makers and leaders in public procurement to share knowledge and good practices in transforming procurement into a strategic function.

The OECD and the Greek Government, with the support of the European Commission, today launched a collaboration project to strengthen Greece’s action plan to fight corruption.

Online resource to help implement the OECD Recommendation on Public Procurement. This website provides policy tools, country examples and indicators to measure public procurement systems.

Fiscal decentralisation can lead to a more efficient provision of local public goods and services and promote a better match between policies and citizens’ preferences.

The scale of the transition to a green, low-emissions and climate-resilient economy is enormous – it is the biggest structural adjustment ever proposed in the field of international governance. The OECD Centre will catalyse and support the transition to a green, low-emissions and climate-resilient global economy through the development of effective policies, institutions and instruments for green finance and investment.

La inversión pública en Colombia ha aumentado sustancialmente en los últimos años hasta alcanzar casi el 4% del PIB, una cifra superior a la media OCDE de 3.2%. Sin embargo, según indica un nuevo informe de la OCDE, para hacer frente a la brecha en infraestructuras y para superar las desigualdades territoriales será necesario que el país mantenga y amplíe sus esfuerzos en materia de inversión.

The Centres of Government meetings review issues on how to make the centre of national government work more effectively. They are held annualy by a member of the network.

The public consultation took place from 1 August to 31 October 2016.

The Municipality of Torreon has reached 49% progress in implementing the 267 recommendations delivered by OECD to improve its regulatory framework.

The Regional School of Public Administration (ReSPA) has devoted its 9th Annual Conference to opening direct channels of discussion on experiences, methodologies and innovative practices in the process of optimization of public administration in the Western Balkans.

Mayors and local leaders from around the world launched today a plan of action to help tackle inequality, boost job creation and harness economic development.

This paper seeks to identify the conditions under which raising public investment can sustainably lift growth without deteriorating public finances.

Public investment benefits current as well as future generations.

To what extent can public deficits increase without putting fiscal sustainability at risk, given the specific current macroeconomic situation of protracted low growth and low interest rates, combined with relatively high government debt levels?

To investigate how public finances could best be designed to promote long-run growth and address inequality, it is essential to have comprehensive, cross-country comparable data on government spending and revenues, along with structural and policy indicators.

Spending on public administration itself is relatively low and so are indicators of its performance.

Spending on public administration itself is relatively low and so are indicators of its performance.

A roundup of OECD news & events on regional issues - December 2016

OSINERGMIN, the Supervisory Agency for Investment in Energy and Mining of Peru, advances in transparency and accountability to improve its regulation.

Comments on the draft OECD Best Practice Principles on Stakeholder Engagement in Regulatory Policy are to be sent to regstakeholders@oecd.org by 15 March 2017.

This paper investigates if tax planning by large multinationals distorts competition in their favour and allows them to crowd out other firms. The competitive implications of tax planning are frequently mentioned in the tax policy debate, but not yet documented empirically to our knowledge. This paper aims to fill this gap.

This paper assesses the redistribution of foreign direct investments (FDI) and tax revenues among countries due to multinationals’ response to international differences in corporate tax systems.

Blog argues that governments should stop approaching complex challenges through the limitations of their institutions and explore innovative ways of problem solving.

This new report highlights the latest trends in government innovation. The topics identified through this review are not the only trends and examples in government innovation, but they do provide a glimpse of where government innovation stands today and where it may be going tomorrow.

Towards Gender Equality before the Law

Adopted by the OECD Council on 23 February 2017, this Recommendation provides high-level policy guidance for designing a strategy for addressing the financial impacts of disasters on individuals, businesses and sub-national levels of governments, as well as the implication for public finances.

Seminar on Innovations and challenges in the management of a regional policy held in Bratislava, Slovak Republic, 22 February 2017

Forum on competition and regulation: In pursuit of market efficiency

This paper surveys the theoretical and empirical research on the relationship between local taxation, land use regulation and land use patterns.

Women’s representation in parliaments remains a global issue. In 2016, women constituted 23% of parliamentarians over both upper and lower houses combined, with the Pacific, Arab States and Asia having the lowest representation (16.4%, 18.2%, and 19.2% respectively).

As part of efforts to deepen co-operation between the OECD and Argentina and contribute to the country’s public policy and reform agenda, Argentina’s Finance Minister Nicolás Dujovne has presented an Action Plan to OECD Secretary-General Angel Gurría.

OECD promotes the exchange of experiences and good practices for the improvement of regulation among Latin American countries

This event looked at good practices in key areas for making infrastructure deliver; such as infrastructure policy and planning, stakeholder participation, integrity, procurement, and institutional arrangements for multi-level investment projects.

OECD blog on the current dwindling levels of trust and what governments can do to help rebuild public trust.

In 1998 Indonesia embarked on an ambitious course of decentralisation. Over a period of a few years, facilitated by financial transfers from the central government, responsibility for many public services and administrative tasks were devolved to local authorities.

The third version of the Public-Private Partnerships (PPP) Reference Guide provides the most relevant examples, references and resources to help readers inform themselves on key PPP topics.

The Second International Conference on National Urban Policy was held in Paris France on 15-16 May 2017. The conference was a joint initiative of the OECD, UN Habitat and Cities Alliance.

This web page presents the 10 dimensions of the framework for the governance of public infrastructure. The dimensions relate to how governments prioritise, plan, budget, deliver, regulate and evaluate infrastructure investment. Each area covers the principal objective of policy in each area, followed by key questions decision makers need to address and indicators identifying the enabling factors.

This OECD review underlines the success of Chile’s infrastructure policies which have served as a backbone for it's rapid economic development and social welfare reforms - but also highlights the need to update public investment processes to reflect a more integrated approach to long-term development.

The United Nations Office for Disaster Risk Reduction (UNISDR) coordinates global disaster risk reduction efforts among United Nations agencies and international organisations. The OECD is hosting an event to see how governments and stakeholders can best work together to strengthen economic and social resilience through improve risk governance.

It is hardly surprising that rising inequality has translated into growing political disaffection, anti-market sentiment and disenchantment with globalisation. In such a context, we desperately need to take action to promote inclusive growth and restore public confidence in the power of policymakers to improve people’s lives.

Digitalisation has already been under way for about half a century, yet it is only now that everyone is talking about a digital revolution. Why? One reason is the spread of faster and better connectivity. In 2013, about 80% of OECD countries had complete broadband coverage, fixed or wireless.

Tax reforms are crucial to promoting inclusive growth in India.