The Western Balkans Regional Competitiveness Initiative aims to strengthen the long-term competitiveness of the Western Balkan economies through improving human capital development and boosting innovation.
Participants in this multi-stakeholder meeting were updated on the findings from interim progress reports on the implementation of the OECD Due Diligence Guidance's supplement on Tin, Tantalum and Tungsten.
This forum provided the first opportunity to introduce the finalised Gold Supplement to the OECD Due Diligence Guidance, and discuss how best to implement it and tackle the unique challenges for carrying out due diligence on gold.
Small and medium-sized businesses (SMEs) requesting loans between 2007 and 2010 faced higher interest rates than for large companies. Loan conditions for SMEs included shortened maturities and increased demands for collateral, suggesting that banks considered smaller firms to be a higher risk.
This Investment Policy Review examines Colombia's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment.
This Investment Policy Review examines Colombia's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment. The Review shows that, in the past few years, Colombia has made tremendous progress in promoting investment liberalisation and improving its investment policy framework. Colombia has also recently undertaken important policy reforms in many of the areas covered by the Guidelines for Multinational Enterprises, including human rights, labour issues and bribery.
In recognition of its progress in pursuing policy reforms to promote investment liberalisation and improving the business climate, Colombia became the 43rd country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. As an adherent to the Declaration, Colombia commits to providing national treatment to foreign investors and to promoting responsible business conduct, in line with the Guidelines for Multinational Enterprises. In turn, the country benefits from similar assurances from other adherents to treat Colombian investors fairly.
Major donors’ aid to developing countries fell by nearly 3% in 2011, breaking a long trend of annual increases. Disregarding years of exceptional debt relief, this was the first drop since 1997.
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This report covers investment measures taken between 1 November 2011 and 29 February 2012. Information presented in this report has also been used for two joint reports by WTO, OECD and UNCTAD, released on 24 May and 25 October 2011, respectively, in response to the G20 Leaders' request of 2 April 2009 for quarterly public reporting on their adherence to their trade and investment policy commitments.
The United Kingdom has significantly boosted its foreign bribery enforcement efforts but needs to be more transparent when resolving cases.
Hungary’s law banning bribery of foreign public officials is relatively good on paper but lacks effective application, according to a new OECD report. Hungary must strengthen detection and prosecution of individuals and companies involved in foreign bribery.