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Governments have long been engaged in providing goods or services to their citizens that could, in some form, be provided by the private sector. The trend over the past few decades, however, has been to transfer these functions, and the state-owned assets used to provide them, to private hands. The most common method, and the one usually preferred, is privatisation, or outright sale or transfer of ownership of the relevant assets to
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Cartels are agreements among competitors fixing prices, allocating markets or rigging tenders (bids). They are the most harmful of all types of competition law violations and should be sanctioned severely. Cartel cases are unique. The most important part of a cartel case is simply proving that such an agreement existed. But getting direct evidence of a cartel agreement can be difficult. Cartel operators work in secret and often do not
Given the growing complexity of bribe schemes in today’s globalised markets, the problem is how to identify corruption in public procurement so governments can work toward effective prevention and apply sanctions if necessary. This report throws light on the shadowy mechanisms and patterns of bribery in public procurement, and offers insider expertise that governments and international organisations can use to improve their
Organised in Helsinki on 21-22 May 2007, this seminar focused on recent developments in Russia’s business climate and investment policy, international investment in the energy sector and policies to promote responsible business conduct and the role of the OECD Guidelines for Multinational Enterprises.
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These guidelines, approved as an OECD Recommendation by the Council, set out good practices in the area of pension funding and benefit security. They cover regulatory issues such as the valuation of pension liabilities, funding rules, the role of insolvency guarantee arrangements and creditor rights of pension plan beneficiaries in case of insolvency of the company that sponsors the pension plan.
G8 Labour and Employment Ministers met in Dresden on 6-8 May 2007 to discuss the opportunities and challenges that globalisation brings with it for the working world. In referring to the contribution companies can make to shaping the social dimension in a world economy of ongoing globalisation, the G8 Chair's conclusions strongly emphasised the role of the OECD Guidelines for Multinational Enterprises.
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This overview of the OECD Guidelines for Multinational Enterprises was prepared for the meeting of G8 Labour and Employment Ministers which took place on 6-8 May 2007 in Dresden, Germany,
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Follow-up Report on the Implementation by Mexico of the Phase 2 Recommendations on the Application of the OECD Convention and the 1997 Revised Recommendation on Combating Bribery of Foreign Public Officials in International Business Transactions.
Organised in Paris on 30 March 2007, this Roundtable examined the challenge of identifying ultimate beneficiary ownership and control in the case of cross-border investment and procedural considerations for authorities when choosing their model of investment regulation.
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This OECD report finds that new laws on enterprise income tax and property rights passed by China’s National People’s Congress (NPC) on 16 March 2007 are a positive step towards attracting more and better investment in China. It updates the analysis of the country's regulatory framework for investment in the 2006 OECD Investment Policy Review of China.