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This Survey provides a unique consolidated snapshot of the legal, regulatory and institutional framework for the corporate governance of listed companies across 14 Asian economies: Bangladesh, China, Hong Kong (China), India, Indonesia, Korea, Malaysia, Mongolia, Pakistan, Philippines, Singapore, Thailand, Chinese Taipei and Viet Nam.
This publication identifies the main regulatory obstacles of the following transport sectors in Mexico: road transport, railways, ports, border crossing, and airway passengers. The report also offers recommendations to improve the quality of the regulatory framework of these sectors.
As part of its work to implement the OECD Guidelines for Multinational Enterprises, the OECD produces country reports that examine the role of responsible business conduct in building healthy business environments.
This stocktaking report first presents a chronology of how systems for the liability of legal persons have evolved among the 41 Parties to the Anti-Bribery Convention. It then presents a “mapping” of the features of these systems for the 41 Parties.
Competitive neutrality means that state-owned and private businesses compete on a level playing field. This is essential for the effective use of resources within the economy and thus the achievement of growth and development. While the principle of competitive neutrality is gaining wide support around the world, obtaining it in practice is a much more difficult question.
An estimated 22% of the world’s largest firms are now effectively under state control, this is the highest percentage in decades. These firms are likely to remain a prominent feature of the global marketplace in the near future. The upsurge of state-owned enterprises (SOEs) as global competitors has given rise to concerns related to a level playing field. Some business competitors and observers claim that preferential treatment granted by governments to SOEs in return for public policy obligations carried out at home can give SOEs a competitive edge in their foreign expansion. The OECD has taken a multidisciplinary approach, looking at the issue from the competition, investment, corporate governance and trade policy perspectives. The report aims to sort fact from fiction, and develop a stronger understanding, based on empirical evidence, on how to address growing policy concerns with regard to SOE internationalisation. The report concludes that although there is no clear evidence of systematic abusive behaviour by SOE investors, frictions need to be addressed, in view of keeping the global economy open to trade and investment.
ASEAN-OECD Investment Programme fosters dialogue and experience sharing between OECD members and ASEAN member states to enhance the investment climate in the region.
These country reports present an overview of investment trends and policies in the countries reviewed. This can include investment policy, investment promotion and facilitation, infrastructure, competition policy, trade policy, tax policy, corporate governance, responsible business conduct, public governance, and human resources.
A major challenge facing the Republic of Buryatia, subject of the Russian Federation, is how to balance the task of protecting Lake Baikal – a unique water object and ecological system included in the UNESCO list of World Natural Heritage Areas – with the need for dynamic and sustainable socio-economic development of the republic. This requires streamlining and improving water policy jointly with economic, administrative, information and other policy instruments. The recommendations in this report aim to help achieve this objective. They include the introduction of abstraction charges for irrigation water as a natural resource; enhancement of state support to the water sector; and improvement of economic instruments for managing risks of water-related hazards (such as compulsory insurance and differentiated land tax rates in flood prone areas). A few innovative instruments are also recommended for pilot testing such as establishing limits for discharges of certain hazardous substances in a pilot area (e.g. Selenga river basin) and progressive development of market for tradable quotas for discharges of the “capped” pollutants; and introducing a charge (tax) on toxic agricultural chemicals (pesticides, herbicides, etc.) and synthetic detergents so that to create incentives for the reduction of diffuse water pollution.
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In the first half of 2016, global FDI flows decreased by 5%, as compared to the second half of 2015, to USD 793 billion but remain above half-year trends observed in 2013 and 2014. In Q1 2016, FDI flows rose to USD 513 billion due to large flows in the United States and, to a lesser extent, in the United Kingdom after Royal Dutch Shell bought British Gas. FDI flows then decreased 46% to USD 279 billion in the second quarter.