4th OECD Parliamentary Days - Agenda

Wednesday 3 February 2016

 OECD Conference Centre
2 rue André Pascal, Paris (16th arrondissement) 

 

All day

Bilateral meetings with OECD experts and OECD member country delegations (upon request) 

15.00-16.00

Information session on OECD iLibrary
Room CC16
Giulia Buson, Marketing Specialist OECD iLibrary

 

Meeting of the OECD Global Parliamentary Network

jointly with the NATO Parliamentary Assembly annual meeting at the OECD 
and the participation of the Women in Parliaments Global Forum

 

Thursday 4 February 2016

OECD Conference Centre, room CC9

Presentations

 

Chair: Anthony GoochDirector, OECD Directorate for Public Affairs and Communications
   
08:30 Arrival and coffee
   
09:00–10:15

A conversation with
Angel Gurría
OECD Secretary-General - remarks

 
 

SPECIAL SESSION: LAUNCH OF "FINANCING DEMOCRACY"

10:15–10:45

Presentation of "Financing democracy"
Angel Gurría
OECD Secretary-General - remarks
Rolf Alter, Director, OECD Public Governance and Territorial Development

Money plays a role both as a channel for citizens to support their candidates or political parties, and as a means for candidates and political parties to reach out to their constituencies. Access to resources for political parties and candidates also shapes political competition. Parliamentarians have an important stake in advancing the global debate on the role of money in politics. There are still many loopholes in political party funding regulations that are open to exploitation by powerful special interests. Loans, membership fees, and third party funding are all used to circumvent spending limits and other regulations. Many countries struggle to define and regulate third-party campaigning leaving them ill-equipped to prevent the channelling of election spending through supposedly independent committees and interest groups. Only a handful of countries have regulations in place for third-party campaigning and globalisation is complicating the regulation of private funding of political parties as foreign companies and wealthy individuals are often deeply integrated with domestic business interests. This OECD  report finds that 29% of OECD countries have an independent electoral management body and there is no one-size-fits all model. But whatever the structure, the institutions responsible for enforcing political finance regulations should have a clear mandate, legal power and the capacity to deal with large volumes of work. While data clearly shows that sanctions are effective in improving compliance with the rules, many countries struggle to ensure sanctions that are both proportionate and dissuasive. One clear-cut lesson is that ensuring the effective implementation of political finance regulations still remains challenging in many countries.  The Framework on Financing Democracy presented in this report shapes the global debate on risks and policy options, and provides tangible advice for the funding of political parties and electoral campaigns. The report also features detailed case studies of Canada, Chile, Estonia, France, Korea, Mexico, United Kingdom, Brazil and India.

10:45–11:00

Coffee break

11:00–12:15

Discussion

12:15–12:30

Closing remarks
Mari Kiviniemi, OECD Deputy Secretary-General

 
12:30

Family photo
Steps outside OECD Château (garden side)

12:35–14:00

Lunch - OECD Château

 
14:00–15:45

World Energy Outlook and next steps after COP21
Paul Simons, Deputy Executive Director, International Energy Agency 
Simon Upton, Director, OECD Environment Directorate

Signs of change in global energy have multiplied in the 12 months. Oil prices fell sharply, with the prices of other fuels moving in tandem in many parts of the world. Amid turmoil in parts of the Middle East, a clear pathway opened up for the return of Iran, one of the world’s largest hydrocarbon resource-holders, to oil markets. China’s role in driving global trends continues to change as it enters a much less energy-intensive phase in its development. Renewables contributed almost half of the world’s new power generation while the coverage of mandatory energy efficiency regulation expanded to more than a quarter of global consumption. And the Paris Agreement reached at COP21 has provided a catalyst to accelerate investments in cleaner technologies and energy efficiency. The session will address these and other developments, the associated risks and opportunities that might lie ahead – and what can be done to put the energy system on a more secure and sustainable footing. The session will also present the outcomes of COP21, main challenges in implementing the Paris Agreement and implications for future policy priorities on climate. COP21 represents an important milestone in the international community’s fight against climate change, but the true measure of success will be in how countries implement the Paris Agreement to move to low-carbon growth. Meeting the ambition of the Paris Agreement will require effective policy alignment and cost-effective action to implement country emissions reduction commitments, and dynamism to ensure nationally determined contributions (NDCs) evolve to become more stringent over time. Governments will also need to undertake and strengthen adaptation measures to protect the most vulnerable, continue efforts to build greater transparency on progress towards NDCs and means of implementation, and scale-up climate finance resources, addressing residual methodological challenges on measuring, monitoring and tracking climate finance as they go. 

15:45–16:00

Coffee break

16:00–17:15

P2P or the "Uberisation" of the economy?
Dirk Pilat, Deputy Director, OECD Directorate for Science, Technology and Innovation

The recent development of Web 2.0 has turned the Internet into a platform on which digital content and other products can be exchanged directly among peers (P2P), and where the “crowd” has become as an important source of inputs - from knowledge and ideas to money as well as skills and labour. In recent years, new platforms have emerged that enable individuals to sell their services, often to peers. On such platforms, individuals are selling an increasing variety of services by either exploiting personal assets, such as homes, cars or money, or by selling their time and skills: from physically delivered services like accommodation (Airbnb), mobility (Uber), handyman and delivery (TaskRabbit, Youpijob) to a large variety of services delivered online, including coding, marketing or admin (Upwork, Freelancer), legal services (Upcounsel) and credit (Lending Club). While these platforms are often discussed under the label "sharing economy", they almost exclusively facilitate commercial transactions, including P2P, B2C, and B2B. Only few platforms incentivise actual sharing (Couchsurfing) for non-commercial purposes. The OECD is currently exploring the features of these new platforms, their emerging impacts on growth, jobs, work and innovation, and the potential implications for policy.

17:15–18:30

Combating terrorist financing
David Lewis, Executive Secretary, Financial Action Task Force

Recent events and the evolution of the terrorist threat, not least from ISIL, have highlighted the importance of cutting off terrorist finances. The Financial Action Task Force is the intergovernmental body responsible for understanding terrorist financing risks, developing global standards to mitigate those risks and evaluating countries compliance with those standards. It is the first international body to attempt to assess how effective countries are in dealing with the problem the standards are designed to address; going beyond whether countries have the appropriate laws, regulations, institutional arrangements and international agreements, etc. in place. As a result of the work of the FATF since 9/11, the vast majority of countries globally now have the frameworks in place to be able to cut off terrorist financing. However, as the FATF reported to the G20 in November, most countries have never prosecuted anyone for terrorist financing or used financial sanctions against individuals and organisations involved in terrorist financing. Of the small number that have frozen terrorist assets, this has been much too slow to be effective.  Governments need to make more effective use of financial intelligence, enabled and improve better sharing of this information and make more use of the powers they have to cut off terrorist financing.

18:30

Reception - OECD L'Expresso


 

Friday 5 February 2016

OECD Conference Centre, room CC9 

 

08:30 Arrival and coffee
09:00–10:30   

Finance and inclusive growth
Christian Kastrop
, Director, Policy Studies Branch, OECD Economics Department
Adrian Blundell-Wignall, Acting Director, Special Advisor to the Secretary General for Financial Markets, OECD Directorate for Financial and Enterprise Affairs

The OECD’s research on Finance and Inclusive Growth has shown that over the past fifty years, credit by banks and other intermediaries to households and businesses has grown three times as fast as economic activity. While greater levels of stock market financing can boost growth, at today’s level of financial development further expansion of bank credit to the private sector is shown to not only slow growth in most OECD countries but also contribute to inequality as better-off households tend to benefit more from financial leverage. Therefore, policy makers should i.a. implement measures to reduce explicit and implicit subsidies to too-big-to-fail financial institutions and reduce the tax bias against equity. To make the financial sector more inclusive and work for people, we must also ensure that companies invest in the real economy. Data analysis of 11 000 of the world’s largest companies has shown that there is a misallocation of capital that needs to be improved in order to foster productivity growth and long-term value creation that can allow for inclusive growth. Promoting competition can support such efforts and also limit unproductive concentration of profits and wealth. New analysis also shows a fragmentation of productivity that needs to be addressed, with a majority of companies sitting in a ‘trough’ of low productivity levels and moderate growth from which it is hard to exit. The current low-interest, low-growth environment makes it also more difficult for pension funds and life insurers to keep their financial promises of providing adequate retirements incomes. These institutional investors are thus driven to pursue higher-risk investment strategies that could ultimately undermine their solvency. This potentially jeopardises the secure retirement especially of the poorest of our citizens. 

10:30–11:00

Coffee break

11:00–12:30

Using megatrends to prepare for the future already in the present
Angela Wilkinson
, OECD Counsellor for Strategic Foresight

Megatrends are deep-set trajectories of change often with decadal timeframes. They represent the momentum of the past and encourage decision making to attend to what has already happened but yet to fully manifest in multiple policy domains. A megatrends analysis supports policy makers to address the question: what will catch up with us from the past? Examples of megatrends holding the attention of policy makers worldwide include mass migration, urbanisation, climate change, and rising inequality. This session will introduce the concept of megatrends and demonstrate how they can be used to inform a policy discussion about preparedness for possible future contexts.

12:30–12:45

Closing remarks
Anthony GoochDirector, OECD Directorate for Public Affairs and Communications

   
12:45–14:00

Lunch break

   
Afternoon

Bilateral meetings with OECD experts and OECD member country delegations (upon request)

14:00–15:00

Peer-learning session on open government and open parliament
Room CC MZ 04
Stav Shaffir, Member of Parliament, Israel

15:30–16:30

Information session on OECD iLibrary
Room CC MZ04
Giulia Buson, Marketing Specialist OECD iLibrary

 

Practical information

Programme en français

 

Presentations 

 

Background reading

Read more about OECD's work on the policy areas covered in the programme

 

Contact

For any questions or comments, please send an email to: parliamentarians@oecd.org.

 

Venue

OECD Conference Centre (www.oecd.org/conferencecentre)

2, rue André Pascal
75016 Paris, France
Tel: 33 (0)1 45 24 82 00

 

Travel / Accommodation 

As the OECD is unable to cover travel or accommodation costs, participants are kindly asked to make their own arrangements.

Browse the list of hotels close to the OECD.

 

Languages

Simultaneous interpretation in

  • English
  • French
  • Italian
  • Spanish (passive)