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Virtually all governments are keen to attract foreign direct investment (FDI). It can generate new jobs, bring in new technologies and, more generally, promote growth and employment. The resulting net increase in domestic income is shared with government through taxation of wages and profits of foreign-owned companies, and possibly other taxes on business (e.g. property tax). FDI may also positively affect domestic income through
OECD countries have agreed on further liberalisation commitments in the areas of insurance and private pensions. The OECD Code of Liberalisation of Current Invisible Operations has been amended to broaden the insurance obligations of the Code and introduce new obligations on private pensions, thereby establishing a new, high standard for cross-border trade in insurance and private pensions services.
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This report on the Seventh Examination of Members’ Reservations to the Insurance and Private Pensions Provisions of the Code of Liberalisation of Current Invisible Operations was approved by the OECD Council on 19 February 2008. The main results and conclusions relating to the seventh examination process are given in a Note by the Secretary-General. The full set of findings is presented in the accompanying report.
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The Steering Group on Corporate Governance agreed on a common position based on the OECD Principles of Corporate Governance about the issue of whether there should be proportionality between ownership and control (also known as one-share-one-vote) in listed companies
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Following its earlier consideration of hedge funds and private equity, the Steering Group on Corporate Governance considered policy issues from the perspective of the Principles of Corporate Governance and agreed to release its findings.
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As part of its work on hedge funds and private equity, the Steering Group on Corporate Governance agreed to compile a list of private sector initiatives aimed at addressing policy issues and to update it regularly.
This publication assesses to what extent governments in the region have leveraged their assets with effective policies to attract investment and stimulate growth.
Over the past few years, most Asian jurisdictions have substantially revamped their laws, regulations and other corporate governance norms. However, enforcement remains a significant challenge and “an unfinished agenda”. This publication offers a unique snapshot of how corporate governance is being enforced in Asia. It provides policy makers, judges, investors, board members and stakeholders with cases studies and analysis that
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This roundtable examined the links between competition policy and energy security, with a focus on natural gas. The discussion began by addressing the questions of the meaning and importance of energy security; and the determinants of energy security, particularly as they relate to competition policy. It continued in dealing with gas supply, transportation, and distribution, addressing five aspects that relate to different aspects
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Between 2004 and 2006, the Competition Committee held a series of four roundtables on private enforcement in competition cases. This document summarises those discussions and focuses on general principles and policies as well as a number of specific issues related to private actions for damages.