The Asian crisis prompted calls from several quarters for tighter controls on foreign investment and capital flows in emerging markets. However, there are several compelling arguments in favour of freeing up capital flows in these markets, provided it is done in an orderly and properly structured way.
This meeting focused on regulation, competition and privatisation. Participants included high-level privatisation officials and policy makers from non-member countries, experts from international organisations, senior privatisation officials and other representatives from OECD member countries.
More than a decade after Chile moved from a public pay-as-you-go to a private funded pension system, seven more countries in Latin America have reformed their pension systems. This study provides a detailed description of all second-generation pension reforms in Latin America to date, evaluates the first years of operations of the new systems and outlines the problems and challenges which the systems are still facing. The basic common
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This questionnaire is sent to the countries undertaking Phase 1 evaluation under the Procedure of Self- and Mutual Evaluation.
May 1998. This paper was presented at an IMF Seminar on Current Legal Issues Affecting Central Banks.
In 1995, OECD Ministers launched negotiations on a multilateral agreement on investment (MAI) with high standards of liberalisation and investment protection, with effective dispute settlement procedures, and open to non-Members. Negotiations were discontinued in April 1998 and will not be resumed.
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This report, published in April 1998, surveys the findings and conclusions of OECD work and related studies concerning the role of international investment in globalisation and its links with trade and economic development.
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This document is Book 1, Part 1, 1)c of the Insurance and Private Pensions Compendium for Emerging Economies.
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This Recommendation was adopted by the Council of the OECD on 25 March 1998.
Adopted on 25 March 1998, this Recommendation advises member countries to ensure that their competition laws effectively halt and deter hard core cartels by providing for effective sanctions and adequate enforcement procedures and institutions to detect and remedy hard core cartels.