In his remarks, Mr Gurría spoke of the work undertaken by the OECD and UNCTAD with developing countries aiming to define a shared understanding of healthy investment climates. The Secretary-General underlined that investment expands the economy’s productive capacity, drives job creation and economic growth, promotes innovation and trade, and ensures essential infrastructure.
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Working Group on Bribery Phase 2bis report on Luxembourg
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This progress report was issued following the 7th Roundtable on Freedom of Investment, National Security and ‘Strategic’ Industries which took place in Paris on 26 March 2008. Since early 2006, OECD has provided a forum for intergovernmental dialogue on how governments can reconcile the need to preserve and expand an open international investment environment with their duty to safeguard the essential security interests of their people.
This Glossary explains the key elements required to classify corruption as a criminal act, according to three major international conventions: OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions; Council of Europe Criminal Law Convention on Corruption; UN Convention against Corruption.
International investment agreements set ground rules for how host governments treat foreign investors. This publication includes the definition of investor and investment; the interpretation of umbrella clauses in investment agreements; coverage of environmental, labour and anti-corruption issues; and the interaction between investment and services chapters in selected regional trade agreements.
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Investment Newsletter, No. 6 puts the spotlight on China's outward foreign direct investment (FDI), as well as reporting on recent developments in foreign direct investment in OECD countries. It also reviews the effect of taxation on FDI, efforts to mobilise private investment in Africa's water infrastructure, and examines services trade and FDI in regional trade agreements.
Paris, 5 March 2008: Participants at this meeting reviewed and commented on the draft Implementation Guide for Transparency and Accountability in State Ownership and discussed the economic role of SOEs.
The OECD launched its Global Network on Privatisation and Corporate Governance of State-Owned Enterprises with an inaugural meeting in Paris on 5 March 2008. Participants from 45 countries agreed that the Global Network will serve as a platform for policy dialogue and exchange of experience in the areas of corporate governance of state-owned enterprises and privatisation. This meeting also provided Network members with the opportunity
Policy makers in OECD countries have increasingly come to address company law in an economic context. As company laws are being reformed, the impact of legislation on entrepreneurship, corporate competitiveness and resource allocation are becoming central issues. The OECD serves its member countries by gathering and sharing information about changes in the area of corporate governance and company law.
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Sovereign Wealth Funds (SWFs) are pools of assets owned and managed directly or indirectly by governments to achieve national objectives. These funds have raised concerns about financial stability, corporate governance and political interference and protectionism.This presentation by Adrian Blundell-Wignall, Yu-Wei Hu, and Juan Yermo was prepared for the Global Pension Summit which took place on 28-29 February 2008 at the Suzou Garden