State-owned enterprises (SOEs) are important elements of many national economies. They are also increasingly active internationally, which has led to renewed concerns in recent years about whether their competitive conditions in home markets might adversely impact “fair” competition with companies abroad. Many of the concerns held by national policy makers and businesses surrounding foreign SOEs’ competitive conditions stem from limited transparency and information on SOEs. This report seeks to bolster the factual information base by presenting the main findings of the most comprehensive and internationally comparable dataset currently available on the size, sectoral distribution and corporate forms of national SOE sectors in 40 countries.
For over 50 years, the Code has provided a balanced framework for countries to progressively remove unnecessary barriers to the movement of capital, while providing flexibility to cope with situations of economic and financial instability. In March 2016, adhering countries adopted terms of reference for a review of the Code with a view to strengthening it and ensuring its continued relevance.
This review of Corporate Governance in Colombia was prepared as part of the process of Colombia's accession to OECD Membership. The report describes the corporate governance setting for both listed companies and the state-owned sector (SOEs). The review then examines the legal and regulatory framework and company practices to assess the degree to which the recommendations of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises have been implemented. The review finds that Colombia's framework for the corporate governance oflisted companies is largely consistent with the Principles, although some companies have been reluctant to implement some of the good practices recommended in Colombia's national corporate governnace code. For SOEs, the report recognises substantial reforms undertaken during the review process to adopt an ambitious national ownership policy. Reforms have included establishing an ownerhsip co-ordination unit and more transparent reporting on SOE performance, and removin g ministers from SOE boards and establishing more transparent board nomination processes aimed at enhancing the qualifications of board members. The report seeks continuing efforts to consolidate these reforms and to implement plans announced in the national ownership policy.
OECD-GVH Regional Centre for Competition in Budapest website
As countries are increasingly concerned with the future of globalisation and industry and their role in global production networks, defining and implementing policies for economic transformation that deliver on the competitive, social, and environmental goals has become paramount. The complex and fast-changing global economic landscape calls for a better understanding of the ongoing technological and industrial re-organisation, to enable policy makers to better plan and act for the present and the future. The Production Transformation Policy Reviews (PTPRs) are the policy tool for assessment and guidance on strategies for economic transformation. Developed within the framework of the OECD Initiative for Policy Dialogue on Global Value Chains, Production Transformation and Development, the PTPRs provide a guiding framework to inform policy choices on competitiveness.
This document clarifies the rationale for the PTPRs as a policy assessment and guidance tool, presents the conceptual framework, clarifies the value proposition, and provides information about the review process.
Making investment and environment policy goals mutually supportive creates both challenges and opportunities for governments and other stakeholders. The OECD analyses key issues of the relationship between investment and environment to help policy makers address these challenges and opportunities.
This project supports Ukraine in its fight against corruption with a view to to strengthening the country's legal and institutional capacity to effectively detect, investigate and prosecute high-profile and complex corruption.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Costa Rica.