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Composite leading indicators (CLIs) for February 2011, designed to anticipate turning points in economic activity relative to trend, continue pointing to expansion in most OECD countries.
Aid flows from OECD Development Assistance Committee (DAC) donor countries totalled USD 129 billion in 2010, the highest level ever, and an increase of 6.5% over 2009. This represents about 0.32% of the combined gross national income (GNI) of DAC member countries.
India has become the third key emerging economy to join the OECD system for the Mutual Acceptance of Data (MAD) in the Assessment of Chemicals, ensuring that the results of non-clinical chemical safety testing done there will be accepted in all other participating countries.
Bulgaria should do more to prevent, report, detect and prosecute foreign bribery cases, according to a new report by the OECD Working Group on Bribery.
We recently received assurances from the highest levels of the UK government that they would issue guidance which would allow the UK’s Bribery Act 2010 to enter into force,” said OECD Secretary-General Angel Gurría.
Although Canada has recently made progress in investigating the bribery of foreign public officials by Canadian businesses, Canada has only completed one prosecution since it enacted its foreign bribery law in 1999.
Would people invest more in clean water if they knew just how expensive dirty water is? World Water Day is an opportunity to remind governments worldwide that they have a responsibility to invest in clean water for the health of their citizens and their environments.
Germany has cracked down on the bribery of foreign public officials in recent years, prosecuting and sanctioning nearly 70 individuals and 6 companies to date. But it should do even more to prosecute companies and should apply tougher sanctions.
The OECD’s Working Group on Bribery has today received assurances from the highest levels of the UK government that the guidance necessary to implement the nation’s Bribery Act 2010 will be published shortly.
The OECD is developing a new initiative to improve coordination of anti-corruption and transparency initiatives - first within its member countries, and then with all other relevant players, including governments, international organisations, NGOs and the private sector.