On 17 July 2012, the OECD Council adopted a Recommendation on Fighting Bid Rigging in Public Procurement, which together with the Guidelines, will help sensitise governments to assess their public procurement laws and practices at all levels in order to promote more effective procurement and reduce the risk of bid rigging in public tenders.
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The OECD Code of Liberalisation of Capital Movements is the only multilateral legal instrument with comprehensive coverage of capital movements, including inflows and outflows, long-term and short-term operations. For 50 years, the Code has provided a balanced framework for capital account openness.
Competition is about increasing choice and efficiency to benefit consumers and make the economy more productive. This applies also to utilities which in many countries have been liberalised (such as electricity, water, railways and telecoms), are subject to regulation (banking and other financial services) or where the government plays an important role (healthcare, education and local public services).
The National Contact Points for the OECD Guidelines for Multinational Enterprises (the Guidelines) are set up by governments adhering to the Guidelines. One of their main roles is to assist in the resolution of issues arising from alleged non-observance of the Guidelines. This manual explains this role.
This report illustrates how MENA exchanges have been promoting good corporate governance outcomes in order to facilitate the sharing of experience among policymakers in the region.
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Prepared for the G20 Los Cabos Summit, this policy note discusses the potential for and the barriers to pension funds investing in green infrastructure projects.