This publication is a first response of the OECD to the issue of what role is, or can be, assigned to SOEs as part of national development strategies. The first part of the publication overviews the experiences of five countries (Brazil, China, India, Singapore and South Africa) with using SOEs, and other government-controlled entities as agents of their development strategies. The second part reviews the growing internationalisation of SOEs through foreign trade and investment. These show implications that the usefulness of SOEs in promoting economic development hinges on a number of factors, not least the level of economic development at the beginning of the process. Indeed, if the government’s ambition is to follow a development path already trod by numerous comparable nations it is relatively easy to hammer out a strategy and provide the SOEs with company-specific objectives toward the fulfilment of the strategy. However, experience also shows that some crucial conditions generally need to be met for such SOE-based strategies to be successful, taking into account the capacity of national bureaucracies and avoiding possible adverse impacts on international trade and investment.
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Poor corporate governance was identified as a major factor in Indonesia’s economic crisis in 1997. Since then a wide range of laws and regulations have been introduced and standards developed. Sound corporate governance will reassure stakeholders that their rights are protected, thus building confidence and trust in doing business in Indonesia.
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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.
This report evaluates the corporate governance framework for the Latvian state-owned enterprise sector relative to the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The report was prepared at the request of the Republic of Latvia. It is based on a review involving all OECD countries.
This Network provides a forum for regional dialogue and co-operation. It mainly covers the member economies of the Southern Africa Development Community (SADC) to support regional and national reformers in their efforts to improve the performance of SOEs.
This public consultation was held to gather comments on the draft FAO-OECD guidance for responsible agricultural supply chains which is designed to help enterprises observe standards of responsible business conduct along their agricultural supply chains. The deadline for comment was 20 February 2015.
This programme focuses on the pivotal role that corporate governance plays for ensuring that the financial sector can serve the needs of non-financial companies in terms of access to capital for innovation, value creation and growth.
This report provides a comprehensive global overview of corporate bond markets since 2000 and experiences of governance engagement by bondholders. The report also analyses trends in secondary bond markets. It ends with a discussion about the scope for institutional changes that may build a larger community of truly informed and motivated bond investors.
The German Federal Institute for Geosciences and Natural Resources (BGR), supported by the OECD, has initiated a study to assess the contribution of small and medium-scale enterprises (SMEs) to due diligence for responsible mineral supply chains. To gather information for this study, SMEs were invited to take part on a confidential survey of due diligence activities by SMEs.
This 14th annual report on the OECD Guidelines for Multinational Enterprises describes the activities undertaken to promote the observance of the Guidelines during the implementation cycle of June 2013-June 2014. This includes work on due diligence in the financial and extractive sectors, as well as along agricultural supply chains, strengthened co-operation with non-adhering countries, the outcomes of the 2nd Global Forum on Responsible Business Conduct, as well as the activities of National Contact Points who promote the observance of the Guidelines' principles and standards in the 46 adhering countries.