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Global FDI flows decreased by 7% in 2016, despite recovering well in the second half of the year following a weak second quarter, according to the latest issue of FDI in Figures. Flows remained below their pre-crisis peak, representing 2.2% of global GDP compared to 3.6% in 2007.
Established in 1999, the OECD-Asian Roundtable on Corporate Governance serves as a regional forum for exchanging experiences and advancing the reform agenda on corporate governance while promoting awareness and use of the OECD Principles of Corporate Governance.
This initiative supports ASEAN capital market integration in Cambodia, Laos, Myanmar, and Vietnam, benefitting from international experience, especially that of other Southeast Asian economies.
The OECD Secretary-General’s High Level Advisory Group on Anti-Corruption and Integrity (HLAG) is composed of experts on anti-corruption and integrity from a wide variety of professional backgrounds and regions. The members have provide their advice to the Secretary-General independently, without any vested interests in the outcome.
The 2017 edition of the Factbook describes corporate governance practices in 47 countries by providing an easily accessible and up-to-date, factual underpinning for understanding countries’ institutional, legal and regulatory frameworks. It complements the G20/OECD Principles of Corporate Governance by tracking how countries are actually implementing them.
The 2017 OECD Global Anti-Corruption and Integrity Forum will tackle issues related to fair competition and economic growth, the inequality gap, a level playing field for business, the public interest in policy making and trust in government and politics
Welcome to the 5th edition of the OECD Global Anti-Corruption and Integrity Forum. Let me begin by thanking the Prime Minister of Slovakia, Mr. Robert Fico, and the Vice President of Nigeria, Professor Yemi Osinbajo, for joining us for this opening.
The OECD's Integrity Review of Mexico is one of the first peer reviews to apply the new 2017 Recommendation of the Council on Public Integrity. It assesses (i) the coherence and comprehensiveness of the evolving public integrity system; (ii) the extent to which Mexico’s new reforms cultivate a culture of integrity across the public sector; and (iii) the effectiveness of increasingly stringent accountability mechanisms. In addition, the Review includes a sectoral focus on public procurement, one of the largest areas of government spending in the country and is considered a high-risk government activity for fraud and corruption. The Review provides several proposals for strengthening institutional arrangements and improving vertical and horizontal co-ordination, closing remaining gaps in various existing legal/policy frameworks, instilling integrity values and ensuring the sustainability of reforms.
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Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios.
27/03/2017 - Ukraine has become the 47th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. The Declaration commits Ukraine to provide an open and transparent environment for international investment and to encourage the positive contribution foreign investment can make to economic and social progress.