The OECD Trust and Business (TNB) Project is a multidisciplinary and multi-stakeholder initiative that bridges the gap between international rules and standards for business and their implementation.
I am delighted to open this Global Forum on Competition, which every year brings together competition authorities from all over the world. In today’s world of persistent low growth, high unemployment, rising inequality, and eroding trust, this meeting serves as an opportunity to explore how competition policy can enhance productivity, promote job creation and stimulate much-needed inclusive growth.
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Fostering competition can be a challenge given the small size of the Icelandic economy. In a number of important sectors, such as financial services, food and telecoms, only a few firms operate.
The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.
Since the return to democracy in 1999, Nigeria has embarked upon an ambitious reform programme towards greater economic openness and liberalisation. As a result, gross domestic product growth picked up consistently, never going below 5% since 2003. Nigeria has become a top recipient of foreign direct investment in Africa, with inflows having surpassed those to South Africa since 2009. The federal government’s Transformation Agenda recognises private sector development as the main engine for economic growth and includes bold investment reforms. Growth has however not yet been translated into inclusive development and the investment climate still suffers from severe challenges.
This Investment Policy Review examines Nigeria’s investment policies in light of the OECD Policy Framework for Investment (PFI), a tool to mobilise investment in support of economic growth and sustainable development. It provides an assessment and policy recommendations on different areas of the PFI: investment policy; investment promotion and facilitation; trade policy; infrastructure investment; competition; corporate governance and financial sector development. It also includes a special chapter analysing the PFI in Lagos State. The Review follows on the request addressed by the Minister of Industry, Trade and Investment of Nigeria to the OECD Secretary-General in December 2011. It has been prepared in close co-operation with the Federal Government of Nigeria and Lagos State Government.
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Recent structural reforms have improved Portugal’s competitiveness and long-term growth prospects. However, this generally positive message conceals significant variations between sectors and also obscures the very substantial opportunities that further reforms can bring.
Market studies provide competition authorities with an in-depth understanding of how sectors and markets work. The OECD and the UK Foreign and Commonwealth Office are providing support to Chile, Colombia, Costa Rica, Mexico, Panama and Peru in their use of market studies as an important competition tool.
This OECD report presents market studies practices in the six Latin America countries and provides areas for improvement on how to improve their legal and institutional set-up based on competition agencies’ practices.
This page contains information on the work of the OECD and Chile in the area of Competition Law and Policy.
This page contains information on the work of the OECD and Panama in the area of Competition Law and Policy.