This series helps countries to identify and overcome binding constraints to achieving higher levels of well-being and more equitable and sustainable growth. The Development Pathways are based on Multi-dimensional Country Reviews, which take into account policy interactions and the country-specific policy environment through three phases. The first phase comprises an initial assessment of the constraints to development. The second phase involves an in-depth analysis of the main issues resulting in detailed policy recommendations. The third phase is designed to move from paper to action and to support government efforts in developing strategies and implementing policy recommendations.
Globalisation, the increasing significance of emerging economies, the borderless nature of the growing digital economy, and the proliferation of competition regimes have caused a significant increase in the complexity of cross-border competition law enforcement co-operation. The OECD and its Competition Committee take a leading role in shaping the framework for international co-operation among competition enforcement agencies.
The OECD works on advancing consumer finance protection through informed choice that includes disclosure, transparency and education; protection from fraud, abuse and errors; and, recourse and advocacy.
The OECD Trust and Business (TNB) Project is a multidisciplinary and multi-stakeholder initiative that bridges the gap between international rules and standards for business and their implementation.
A joint venture between the Korean government and the OECD, the Centre works with competition authorities in the Asian region to develop and implement effective competition law and policy. Read more about the Centre's work.
Governments can affect the way markets function, sometimes to the detriment of free competition. Ensuring a level playing field is therefore essential to allow competition to work properly. In June 2015, competition experts and delegates debated the challenges arising from state interventions in the market and what competition authorities can do to address the distortions that such interventions can create.
Since the return to democracy in 1999, Nigeria has embarked upon an ambitious reform programme towards greater economic openness and liberalisation. As a result, gross domestic product growth picked up consistently, never going below 5% since 2003. Nigeria has become a top recipient of foreign direct investment in Africa, with inflows having surpassed those to South Africa since 2009. The federal government’s Transformation Agenda recognises private sector development as the main engine for economic growth and includes bold investment reforms. Growth has however not yet been translated into inclusive development and the investment climate still suffers from severe challenges.
This Investment Policy Review examines Nigeria’s investment policies in light of the OECD Policy Framework for Investment (PFI), a tool to mobilise investment in support of economic growth and sustainable development. It provides an assessment and policy recommendations on different areas of the PFI: investment policy; investment promotion and facilitation; trade policy; infrastructure investment; competition; corporate governance and financial sector development. It also includes a special chapter analysing the PFI in Lagos State. The Review follows on the request addressed by the Minister of Industry, Trade and Investment of Nigeria to the OECD Secretary-General in December 2011. It has been prepared in close co-operation with the Federal Government of Nigeria and Lagos State Government.
English, PDF, 367kb
Recent structural reforms have improved Portugal’s competitiveness and long-term growth prospects. However, this generally positive message conceals significant variations between sectors and also obscures the very substantial opportunities that further reforms can bring.
Market studies provide competition authorities with an in-depth understanding of how sectors and markets work. The OECD and the UK Foreign and Commonwealth Office are providing support to Chile, Colombia, Costa Rica, Mexico, Panama and Peru in their use of market studies as an important competition tool.
This OECD report presents market studies practices in the six Latin America countries and provides areas for improvement on how to improve their legal and institutional set-up based on competition agencies’ practices.