This article by Roel Nieuwenkamp talks about the trend of hardening of soft law in the domain of responsible business conduct. It argues that legislative proposals related to existing international instruments should not seek to reinvent the wheel, but to reinforce it. Existing instruments that are widely recognised and proven to be effective and reasonable should represent a foundation for their legally-binding counterparts.
10 April 2015 - Istanbul, Turkey. Participants debated the content and the direction of the ongoing review of the OECD Principles of Corporate Governance. It also addressed issues of systemic importance to sustainable private sector growth, including the institutionalisation of growth companies and SMEs and capital market development in emerging market economies.
Cette page contient toutes les informations se rapportant à la mise en oeuvre de la Convention de l’OCDE sur la lutte contre la corruption en Australie.
Cette page contient toutes les informations se rapportant à la mise en oeuvre de la Convention de l’OCDE sur la lutte contre la corruption en Islande.
English, PDF, 374kb
What are the economic effects of implicit bank debt guarantees and who ultimately benefits? This report sheds light on these questions
English, PDF, 929kb
Small and medium-sized enterprises (SMEs) are key contributors to economic growth and job creation. The current economic and financial crisis has reduced bank lending and has affected SMEs in particular. Capital markets will have to play a bigger role in financing SMEs in order to make them more resilient to financial shocks. This article reviews the spectrum of alternative market-based debt instruments for SME financing.
English, PDF, 302kb
More than half a decade has passed since the most significant economic crisis of our lifetimes and a plethora of different interpretations has been offered about its origins. This paper consolidates the stylised facts put forward so far into a concise and coherent meta-narrative.
This report provides recommendations on the design and implementation of a new investment promotion strategy for the Government of Chile. The work took place in a context of a series of investment policy related reforms in Chile, which finds itself needing a modern investment promotion strategy and instruments, particularly as its competitors for foreign direct investment are sharpening their investment promotion.
English, PDF, 357kb
Infrastructure investment in Indonesia was seriously impaired by the 1997 Asian financial crisis. Indonesia plans to increase investment sharply through both public spending and private finance. Yet, Indonesia lacks suitable long-term investment vehicles and capital markets are still developing.
Money remitted by international migrants is a major source of income for many countries. Yet individual migrants and their families are often amongst the most vulnerable people in society, and many face significant barriers to the access and use of appropriate financial products. This paper looks at key challenges and how governments can take measures to support migrant workers and their families and improve their financial literacy.