Regulators operate in a complex, high-risk environment at the interface between the public and the private sectors. They often share some responsibilities for the sectors and industries they regulate with other public institutions. And yet, if the lights go out, tap water stop running, trains break down or phones stop working, they are often held to account. In this challenging environment, the governance of regulators is critical. The role of the regulator and how it co-ordinates with other public institutions, the powers it is given and how it is held accountable for exercising these powers are key elements of a governance architecture that needs to be carefully crafted and appropriately implemented if the regulator is to succeed in combining effective regulation with a high level of trust. This report looks at the way in which four regulators – the Australian Competition and Consumer Commission (ACCC), the Australian Energy Regulator (AER), Portugal’s Water and Waste Services Regulation Authority (ERSAR) and the UK Office of Rail and Road (ORR) – have addressed these governance challenges. The report identifies approaches to implement accountability, transparency and co-ordination and helps identify some lessons that can help guide how these principles can be translated into practice.
L’innovation, lorsqu’elle est bien ciblée et vient au bon moment, améliore la productivité, accélère la croissance économique et aide à la résolution des problèmes sociétaux. Des questions demeurent cependant : comment les gouvernements peuvent-ils encourager les personnes à innover en plus grand nombre et plus fréquemment? Comment le gouvernement peut-il lui-même être plus innovant ?
La Stratégie de l’Innovation de l’OCDE propose un ensemble de principes pour stimuler l’innovation au sein de la population, des entreprises et du gouvernement. À partir de recherches et de données actualisées, elle analyse en détail l’étendue de l’innovation, son évolution ainsi que les endroits où elle apparaît et les formes qu’elle revêt.
Paris, 14 March 2016: Organised by the OECD-hosted Freedom of Investment Round-table, this conference will explore how governments are balancing investor protection and how to improve balance through new institutions.
11 March, Paris, France: This high-level launch event included a panel discussion that addressed the potential impacts of companies operating in agricultural supply chains on human, labour and tenure rights.
The OECD is developing a Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector. The OECD is hosting a month-long public consultation on the draft Guidance. The feedback received during the consultation will inform the final Guidance.
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This OECD report lays an empirical foundation for structuring economic policies to facilitate Chile’s participation in global value chains and to maximise the associated benefits for national firms and workers.
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Terrorists use corruption to both finance and perpetrate terrorism. This brochure looks at the links between corruption and terrorism and outlines how the OECD can help the international community respond to this threat. It proposes a basis for reflection and discussion among countries determined to stamp out terrorism.
Public investment, and particularly infrastructure investment, is important for sustainable economic growth and development as well as public service provision. However, it is also vulnerable to capture and corruption. This publication examines the direct and indirect benefits of public investment if carried out in a clean and efficient manner. It provides a Framework for Integrity in Public Investment, mapping out risks of corruption at each phase of the investment cycle. It also identifies tools and mechanisms to promote integrity in the public investment cycle and provides examples of their successful implementation in both the public and private sectors.
Most investment treaties do not expressly address joint interpretations and thus leave the issue to more general rules. This paper addresses the general legal framework applicable to joint agreements by treaty parties about the interpretation of treaties. It outlines key concepts and distinctions, and considers effects on third parties.
Both the UN Sustainable Development Goals and the OECD New Approaches to Economic Challenges explicitly recognise that trade and investment are not goals in themselves, but are a means to an end. That desired end is stronger and more inclusive growth, better jobs for more people, and improved societal well-being.