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This study shows great progress in building a successful policy environment to encourage investment and the resulting acceleration in FDI inflows and economic growth. However, India needs to strengthen and liberalise its regulatory framework and invest more in infrastructure in order to attract increased foreign direct investment, according to the OECD Secretary-General.
The OECD has established a set of key principles to guide financial policy makers as they look to fundamental reform that will achieve strong, resilient financial systems that play their part in driving economic growth. Among the issues they address are the need for increased transparency, more effective surveillance and greater accountability to the public.
India needs to strengthen and liberalise its regulatory framework and invest more in infrastructure in order to attract increased foreign direct investment (FDI), according to a new OECD report.
The first OECD investment policy review of India is a landmark in the growing co-operation and enhanced engagement between India and the OECD. While the OECD is responsible for its contents, India participated wholeheartedly in the preparatory work at many levels of government and over the whole period from conception to completion.
The Investment Policy Review of India charts India's progress in developing an effective policy framework to promote investment for development, especially since the acceleration of economic reform from 1991 onward. It focuses on policies towards investment, trade, competition and other elements of the business environment. Finally, it outlines some of the challenges of implementing national-level reforms at state level.
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This document contains the text of the OECD Recommendation and Principles adopted by the OECD Council on 3 December 2010.
The OECD has established a set of key principles to guide financial policy makers as they look to fundamental reform that will achieve strong, resilient financial systems that play their part in driving economic growth.
Solange Berstein talks about what other countries can learn from Chile's pensions reforms of the past 12 months.
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.
Discussions at this meeting focused on 3 issues in response to the financial crisis that are high on the agenda in the Latin America region – the role of boards, including their role in risk management; corporate governance of financial institutions; and the need to ensure good governance of state-owned assets, including pension funds, sovereign wealth funds and state-owned enterprises.