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The financial crisis revealed serious shortcomings in corporate governance around the world. What lessons can companies and regulators learn from the crisis? And what role can they play in improving global governance standards to help rebuild trust and confidence in financial markets?
Today, on the eve of the Pittsburgh G20 meeting, the Global Forum on Transparency and Exchange of Information dealing with tax matters, took major steps to confirm the end of the era of banking secrecy as a shield for tax evaders.
Governments should invest more money on children in the first six years of their lives to reduce social inequality and help all children, especially the most vulnerable, have happier lives, according to the OECD’s first ever report on child well-being in its 30 member countries.
Representatives of almost 100 governments have been invited to meet in Los Cabos, Mexico, on 1-2 September to decide next steps in a global campaign to improve transparency and exchange of banking and ownership information for tax purposes.
Gross domestic product (GDP) in the OECD area stabilised in the second quarter of 2009 (minus 0.002%), according to preliminary estimates, following a fall of 2.1% in the previous quarter.
The OECD welcomes the announcement today of a package of measures between Liechtenstein and the United Kingdom intended to ensure effective exchange of information for tax purposes between the two countries and to address the important issue of undeclared funds in a cooperative way.
Finland, the Netherlands and Sweden have the lowest prices for mobile phone calls among OECD countries, according to the latest OECD Communications Outlook. The highest were found in Canada, Spain and the United States.
The OECD’s latest economic survey of Mexico, to be published on Thursday 30 July 2009, looks at the challenges posed by the global economic crisis. It also discusses longer-term reform in areas such as health and education.
An OECD Territorial Review of Chile recommends that Chile adopt a stronger regional approach to economic development in order to better exploit opportunities and improve the country’s overall performance.
El Estudio Territorial de Chile de la OCDE recomienda que Chile adopte una perspectiva regional más firme con respecto al desarrollo económico con el fin de aprovechar al máximo las distintas oportunidades de las regiones y mejorar el desempeño del país en su conjunto.