News & Events

The elephant in the room: The need to deal with what banks do

08-Jan-2010

Banks need to properly address contagion risk and counterparty failure that have been the main hallmarks of the current crisis. This article outlines the reforms essential to dealing with contagion and counterparty risk, as well as emphasising the need for transparent and comparable accounting rules and improvements in corporate governance.

Responding to the crisis: OECD governments are coping with exploding borrowing needs

07-Jan-2010

Most OECD governments are facing a surge in budget deficits, borrowing needs and debt. A new article (The Surge in Borrowing Needs of OECD Governments ) projects that gross borrowing needs of OECD governments are expected to reach around  USD 16 trillion in 2009 and 2010. An accompanying article (Changes in OECD Primary Market Procedures and Portfolio Risk Management ) shows that tougher issuance conditions prompted debt management offices to review existing issuance procedures and the use of indicators relating to the key risks of the maturity structure.

Israel should ensure that remaining concerns do not undermine its progress on foreign bribery, says OECD

16-Dec-2009

Israel should be more proactive in detecting, investigating and prosecuting foreign bribery cases, notably those involving the defence industry, according to a new report by the OECD Working Group on Bribery.

Are the OECD Guidelines on Corporate Governance still relevant when SOEs operate abroad?

16-Dec-2009

This report identifies the concrete guidance provided by the OECD Guidelines on Corporate Governance when SOEs operate in foreign jurisdictions.

Defining effective policies in the area of corporate governance

15-Dec-2009

The financial crisis has led to a strong demand for new regulation and for this to be implemented rapidly. To avoid excessive regulation, a new publication calls for increased use of Regulatory Impact Assessment in the area of corporate governance and gives a number of examples of how the technique has been applied to promote more efficient policy. Examples include both ex-ante and ex-post analysis, the approach to defining policy needs and the role of quantification.

Governments agree to step up fight against bribery

09-Dec-2009

OECD countries and the eight others who have signed the OECD Anti-Bribery Convention have committed to stepping up their fight against corruption, putting in place new measures that will reinforce their efforts to prevent, detect and investigate foreign bribery.

Journal of Pension Economics and Finance enters new phase

08-Dec-2009

The Journal of Pension Economics and Finance (JPEF), the only academic journal focusing on the economics and finance of pensions and retirement income programs, announces a new editorial structure and a broadening of its mission effective January 2010. Since 2002, the JPEF has provided an invaluable and influential forum for original research and international policy debate in the pensions area.

India needs to cut red tape, spend more on infrastructure in order to boost growth

04-Dec-2009

India needs to strengthen and liberalise its regulatory framework and invest more in infrastructure in order to attract increased foreign direct investment (FDI), according to a new OECD report.

OECD sets out framework for overhaul of financial regulation

03-Dec-2009

The OECD has established a set of key principles to guide financial policy makers as they look to fundamental reform that will achieve strong, resilient financial systems that play their part in driving economic growth. 

Study of temporary government ownership / control in the Financial Crisis

24-Nov-2009

The corporate governance landscape has changed significantly through increased state ownership as governments had to recapitalize financial and other institutions during the crisis. OECD has examined national practices and published its conclusions. 

High-level meeting on economic and governance policy reforms in Iraq

from 08-Jul-2008 to 10-Jul-2008

High-level representatives from the Government of Iraq and OECD-member countries met in Paris on 08-10 July 2008 to discuss Iraq's investment climate, anti-corruption policies and aid management -- three issues identified as priorities by Iraqi officials during prior meetings held under the framework of the International Compact with Iraq. The meeting was organised by the MENA-OECD Initiative on Governance and Investment for Development and the United Nations Development Programme (UNDP) Iraq.

OECD/IOPS Global Forum on Private Pensions: Mombasa, Kenya, 30-31 October 2008

from 30-Oct-2008 to 31-Oct-2008

The OECD/IOPS Global Forum addressed a wide range of issues of high relevance to national policy debate on retirement savings in both developed and emerging economies. Special attention was devoted to developments in the pension industry on the African continent.

Keynote presentation by Professor John G. Ruggie

from 24-Jun-2008 to 25-Jun-2008

Professor John G. Ruggie, Special Representative of the UN Secretary-General for Business and Human Rights, delivered the keynote presentation on the occasion of the 8th annual meeting of National Contact Points in Paris on 24 June 2008.

Eastern European and Central Asian countries gather in Tbilisi to step up their fight against corruption

Senior government officials, non-governmental and business groups from almost 30 countries will meet on 25-27 June 2008 in Tbilisi, Georgia, at the 7th General Meeting of the OECD Anti-Corruption Network for Eastern Europe and Central Asia (ACN) to step up their fight against corruption.

OECD Secretary-General opens the 2008 International Corporate Goverance Network (ICGN) Conference

from 18-Jun-2008 to 20-Jun-2008

This event, which took place in Seoul, focused on the globalisation of capital markets and its impact on corporate governance. Angel Gurría, Secretary-General of the OECD, gave a keynote address on the progress of international corporate governance reform and next steps.

2008 OECD Asian Roundtable on Corporate Governance

from 13-May-2008 to 14-May-2008

Senior decision makers from OECD and Asian economies met on 13-14 May 2008 in Hong Kong, China, to discuss improving monitoring and disclosure of related party transactions as a key corporate governance enforcement challenge.

OECD-ILO Conference on Corporate Social Responsibility

from 23-Jun-2008 to 24-Jun-2008

Jointly organised by OECD and ILO, this conference was devoted to the theme of "Employment and Industrial Relations: Promoting Responsible Business Conduct in a Globalising Economy". Discussions focused on wider dissemination of good corporate labour practices and better understanding and use of the OECD and ILO instruments.

OECD Global Forum on International Investment

from 27-Mar-2008 to 28-Mar-2008

Organised in Paris on 27-28 March 2008, this year's Global Forum focused on best practices in promoting investment for development. The opening session was a ministerial roundtable discussion on the political economy of investment policy reform co-chaired by the Secretaries-General of the OECD and UNCTAD. This event brought together the global network of policy makers, academics, business leaders, labour representatives, and members of civil society dealing with the policy challenges of international investment.

Ninth roundtable on Capital Market Reform in Asia

from 26-Feb-2008 to 27-Feb-2008

This year’s Roundtable focuses on: Ten years after: Implications of the Current Financial Market turmoil; Enhancing Regulatory Framework; Bond Markets Development; Equity Markets Development; Roles of Capital Market in Infrastructure Financing; Corporate Governance and Capital Market Developments.

First Meeting of the Task Force on Corporate Governance of Banks in Eurasia

on 17-May-2007

The Eurasian Corporate Governance Roundtable established a task force to develop a policy options paper (“policy brief”) addressing corporate governance challenges shared by commercial banks in Eurasia. Based on some existing norms developed by the OECD or the Basel Committee on Banking Supervision, the policy brief is to be developed through active discussion within the Task Force that includes experts from Eurasian countries, OECD member countries and international organisations.  The Task Force has its meeting to discuss the draft policy brief in Tbilisi, Georgia, on 17 May 2007.