Fighting Illicit Financial Flows: Are Partnerships and Policy Coherence the keys to success?
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State-owned enterprises (SOEs) play an important role for economic activity and fulfil a number of public policy functions, particularly in developing countries. Ensuring that they are competitive and efficient is therefore crucial for economic and sustainable development.
Joint meeting of the OECD and Center for Global Prosperity to be held on 15 June 2015 entitled "Creating enabling environments for mobilising private financial flows for sustainable development"
The workshop will cover: shaping a measurable target for policy coherence in the SDG framework; updating tools for promoting PCSD; and addressing illicit financial flows.
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In today’s globalised economy, countries are more interconnected, which has implications for competition policy. Policy coordination and coherence are necessary in order to identify barriers to competition.
How to define, monitor and assess policy coherence for sustainable development in the Post-2015 Agenda.
“Creating enabling environments for sustainable development: How policy coherence can help curb illicit financial flows in the post-2015 era”
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This note looks at: (i) lessons learnt from the initial period of implementation; (ii) major trends, emerging challenges and global agendas that will guide follow up work of the Strategy on Development; and (iii) recommendations for Members’ consideration aimed at securing effective implementation going forward.
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Every year, huge sums of money are transferred out of developing countries illegally. This report shows that coherent policies in OECD countries in areas such as tax evasion, anti-bribery and money laundering can contribute to reducing illicit financial flows from developing countries.
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The private sector creates jobs, provides goods and services, generates income and profits, and contributes to public revenues. Companies have the ability to profoundly impact poverty reduction and sustainable development in countries in which they operate, including in areas such as energy and climate, water, agriculture and food production, gender equality and financial integrity.