We are witnessing an increasingly worrying disconnect between buoyant financial markets on the one hand and a stubbornly weak real economy leading to uncertain prospects for companies, and enduring economic hardship for people, said OECD Secretary-General.
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Despite a 22% increase in the last quarter, global FDI flows in 2012 declined by 14% to USD 1.4 trillion compared to 2011 figures, according to preliminary estimates in the April 2013 issue of FDI in Figures.
Development aid fell by 4% in real terms in 2012, following a 2% fall in 2011. The continuing financial crisis and euro zone turmoil has led several governments to tighten their budgets, which has had a direct impact on aid to poor countries. There is also a noticeable shift in aid away from the poorest countries and towards middle-income countries. A moderate recovery in aid levels is expected in 2013.
This report provides a comparative overview of common standards and key features of specialised anti-corruption institutions and comprehensive descriptions of 19 anti-corruption institutions operating in different parts of the world, presented in a comparable framework.
The Steering Committee is responsible for guiding the work of the Western Balkans Regional Competitiveness Initiative.
This report makes the case for a stronger deployment of renewable energies, especially solar and wind, in the Middle East and North Africa and identifies the appropriate support policies required to stimulate the necessary private investment.
The Czech government must urgently engage with the private sector to raise awareness, says a new OECD report. The awareness of the Czech foreign bribery offence remains regrettably low among companies, despite the recent adoption of a comprehensive corporate liability regime that holds Czech companies liable for this crime.
Denmark’s enforcement of its foreign bribery laws has been weak. Only 13 foreign bribery allegations have surfaced, and sanctions have been imposed in just one case that falls under the Convention. Law enforcement authorities have not been sufficiently proactive, and cases have been prematurely closed without complete investigations. Denmark must take more investigative steps and make greater efforts to gather evidence from abroad.
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This guidance is a government-backed multi-stakeholder initiative on responsible supply chain management of minerals from conflict-affected areas which helps companies respect human rights and avoid contributing to conflict through their mineral sourcing practices.
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Organised in Paris on 20 March 2013, the 18th Roundtable discussed recent investment policy developments including continued discussions focusing on investor-state dispute settlement and international investment law, and competitive neutrality.