Lobbying can improve policy making by providing valuable insights and data, but it can also result in unfair advantages for vested interests if the process is opaque and standards are lax. Lobbying is resource intensive. The financial services sector in the United States spent USD 3.4 billion lobbying the federal government between 1998 and 2008, principally promoting the deregulation of the financial sector. Legions of lobbyists
The OECD will host a high-level roundtable debate entitled “Foreign Bribery: Who Pays the Price?” on Wednesday 9 December 2009, International Anti-Corruption Day.
In 2008, ten years after their adoption, the Working Group on Bribery undertook a review of the OECD Instruments on Combating Bribery of Foreign Public Officials in International Business Transactions.
The OECD and the European Investment Bank have agreed to share their expertise in support of economic co-operation and sustainable development. OECD Secretary-General Angel Gurría and EIB President Philippe Maystadt signed a co-operation agreement to that effect today in Paris.
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This report outlines Chile's response to the recommendations and follow-up issues identified by the Working Group at the time of Chile's Phase 2 examination in October 2007.
The global economy is recovering faster than expected but remains fragile. How quickly will global trade and investment bounce back after the sharp falls of the past year? What role can international investment play in building a stronger, cleaner, fairer global economy?
The OECD is pleased to see the commitment being made by the UK government to the fight against foreign bribery,” Mr Gurría said.
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OECD Anti-Bribery Convention and Luxembourg: Report on Progress of the implementation of the Phase 2bis Recommendations since March 2008.
Speaking at the Institute of International and European Affairs, Mr. Gurría emphasized the OECD’s continued support of the G20, outlining our work on trade and investment, unemployment, and climate change in the wake of the financial crisis.
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OECD Anti-Bribery Convention and Slovenia: Report on Progress of the implementation of the Phase 2 Recommendations since June 2007.