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This report provides a brief overview of the OECD Anti-Bribery Convention and how it works. It also outlines how the Working Group on Bribery contributes to the global fight against corruption.
The OECD Investment Committee is a leading forum for international co-operation, policy analysis and advice to governments on how best to enhance the positive contribution of investment worldwide. This page describes the responsibilities of the Investment Committee.
Boards of directors of SOEs play a fundamental role in corporate stewardship and performance. Over the last decade, OECD governments have sought to professionalise SOE boards, ensure their independence and shield them from ad hoc political intervention. In general these approaches have worked; yet, more remains to be done. This report seeks to shed slight on good practices drawing on national practices from over 30 economies.
English, PDF, 288kb
The crisis has shown that there is no such thing as an optimal banking structure or model. The Liikanen report highlighted excessive risk taking and excessive reliance on short-term funding not matched with adequate capital protection. The French reform of the banking sector builds on this insight as well as the agreement reached by the Basel Committee on Banking Supervision and the European CRD 4 to foster financial stability.
China is increasingly interested in further advancing its investment co-operation with the OECD. This is in large part due to the fact that China wants to attract more "quality" foreign direct investment (FDI) from OECD-based companies and the perception that the OECD could provide useful best policy practices and experiences for China.
English, PDF, 587kb
The paper argues that interest rates are at extremely low levels to support banks, and the search for yield has pushed the liquidity driven speculative bubble from real estate, derivatives and structured products markets into the corporate debt market. Equities have rallied strongly too. This asset cycle is certainly helping banks reduce hidden losses on illiquid securities and could also help reduce the cost of equity.