This Glossary explains the key elements required to classify corruption as a criminal act, according to three major international conventions: OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions; Council of Europe Criminal Law Convention on Corruption; UN Convention against Corruption.
International investment agreements set ground rules for how host governments treat foreign investors. This publication includes the definition of investor and investment; the interpretation of umbrella clauses in investment agreements; coverage of environmental, labour and anti-corruption issues; and the interaction between investment and services chapters in selected regional trade agreements.
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Investment Newsletter, No. 6 puts the spotlight on China's outward foreign direct investment (FDI), as well as reporting on recent developments in foreign direct investment in OECD countries. It also reviews the effect of taxation on FDI, efforts to mobilise private investment in Africa's water infrastructure, and examines services trade and FDI in regional trade agreements.
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The purpose of this User's Guide is to contribute to a better understanding of the principles and procedures of the OECD Codes. It also provides detailed explanations of the coverage of the Codes and may therefore serve as a manual for Code users. First published in 2003, the 2008 version has been adjusted to take recent developments into account, specifically, revised insurance and private pensions provisions of the Code of
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Virtually all governments are keen to attract foreign direct investment (FDI). It can generate new jobs, bring in new technologies and, more generally, promote growth and employment. The resulting net increase in domestic income is shared with government through taxation of wages and profits of foreign-owned companies, and possibly other taxes on business (e.g. property tax). FDI may also positively affect domestic income through
OECD countries have agreed on further liberalisation commitments in the areas of insurance and private pensions. The OECD Code of Liberalisation of Current Invisible Operations has been amended to broaden the insurance obligations of the Code and introduce new obligations on private pensions, thereby establishing a new, high standard for cross-border trade in insurance and private pensions services.
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This report on the Seventh Examination of Members’ Reservations to the Insurance and Private Pensions Provisions of the Code of Liberalisation of Current Invisible Operations was approved by the OECD Council on 19 February 2008. The main results and conclusions relating to the seventh examination process are given in a Note by the Secretary-General. The full set of findings is presented in the accompanying report.
This publication assesses to what extent governments in the region have leveraged their assets with effective policies to attract investment and stimulate growth.
The OECD Working Group on Bribery has serious concerns about Turkey's implementation of the OECD Anti-Bribery Convention.
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Brazil should rapidly amend its legislation to make companies directly liable for the payment of bribes to foreign public officials, and to ensure that effective, proportionate and dissuasive sanctions are applicable, according to a new report by the OECD Working Group on Bribery.