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This meeting focused on issues related to implementation, monitoring and enforcement of the new Russian Corporate Governance Code.
Deputy Minister of National Planning and Economic Development, Dr. Khin San Yee, presented her country’s ambitious efforts to improve the investment climate at meetings of the OECD Investment Committee and Advisory Group on Investment and Development from 15-17 October 2013 in Paris.
SOEs are an important feature of the economic landscape in the MENA region. This report examines their contribution to industrial development, diversification, poverty elimination and the provision of goods and services. It assesses ownership and governance practices and makes recommendations to policymakers, managers and boards.
An effective procurement policy must be designed to obtain goods and services at the lowest possible price or, more generally, to achieve the best value for money. Vigorous competition among suppliers helps governments realise this objective.
The OECD welcomes the initiative by the Mexican Institute for Social Security (IMSS) to organise reverse auctions for the procurement of medicines. This is a further step forward in the fight against collusion in public procurement and the latest in a series of improvements in procurement by IMSS that have already saved the taxpayer billions of pesos.
New technologies and the dynamic effects of convergence are changing the way consumers access audio-visual content. This adds considerable uncertainty to business planning and implies the need to ensure a cautious and technology neutral approach in the design of regulation and the application of competition law. Finding ways of coping with such challenges is part of the agenda of competition policy makers.
This survey monitors and compares the investment behaviour, operating costs, and performances of the largest institutional investors in each region or country covered and analyses in greater depth the general trends observed at a national level.
New Zealand must significantly increase its efforts to detect, investigate and prosecute foreign bribery. Since joining the Convention over 12 years ago, New Zealand has not prosecuted any cases of foreign bribery and only four allegations have surfaced to date. Outdated perceptions that New Zealand individuals and companies do not bribe may have also undermined detection efforts.
Russia has yet to address key provisions of the OECD Anti-Bribery Convention, which entered into force in Russia in April 2012. It has not yet fully implemented recommendations for strengthening its framework for combating foreign bribery and should be more proactive in detecting, investigating and prosecuting foreign bribery cases.
Fighting foreign bribery is not a priority in Belgium. Together with the flagrant lack of resources for Belgian law enforcement authorities, this has resulted in very few foreign bribery investigations and prosecutions. In the 14 years since the entry into force of the foreign bribery offence in Belgium, only one case of bribery of foreign public officials has been concluded.