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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.
Organised in Paris back-to-back with the 19th Annual OECD Global Forum on Public Debt Management, discussions focused on an exchange of information on ongoing activities regarding African Public Debt Management and Bond Markets.
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.
Taking place in Paris, discussions at the Forum focused on the impact of the global financial crisis on funding needs and borrowing strategies in different regions, new policy challenges for Asian debt managers and urgent policy changes in the new borrowing landscape.
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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.