As “market referees”, regulators contribute to the delivery of essential public utilities. Their organisational culture, behaviour and governance are important factors in how regulators, and the sectors they oversee, perform. The OECD Performance Assessment Framework for Economic Regulators (PAFER) looks at the institutions, processes and practices that can create an organisational culture of performance and results. The report uses PAFER to assess elements linked to both the internal and external governance of Ireland's Commission for Regulation of Utilities (CRU). The review acknowledges the achievements and good practices put in place by the regulator since its creation. It also analyses the key drivers of CRU’s performance and proposes an integrated reform package to help the regulator prepare for the future.
Significant corruption, labour, human rights and environmental risks are associated with the organisation of large sporting events. The OECD has instruments and expertise in implementation of complex projects can help host governments, event organisers and their business partners ensure that the world of sport remains associated with the traditional values of excellence and fair play.
Ce rapport répertorie les activités de 10 institutions supérieures de contrôle des finances publiques (ISC) : celles de l’Afrique du Sud, du Brésil, du Canada, du Chili, de la Corée, des États-Unis, de la France, des Pays-Bas, de la Pologne et du Portugal. Il étudie en particulier comment ces ISC évaluent les étapes clés du cycle des politiques publiques ainsi que les programmes et politiques qui en découlent. Les ISC ont la capacité d’aller plus loin que leur rôle traditionnel de supervision pour fournir des informations contribuant à l’élaboration de politiques publiques. Ce rapport présente des exemples et des études de cas d’activités d’ISC qui prennent en compte et soutiennent l’intégration de bonnes pratiques internationales dans la formulation, la mise en place et l’évaluation des politiques et programmes publics. Il donne des indications aux ISC cherchant à développer leurs activités de supervision, de conseil et de prospective tout en prenant en compte leur stratégie interne ainsi que les défis et acteurs des politiques publiques propres à leur environnement.
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This report is part of a series of assessments on Colombian gold supply chains and the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas in the Colombian context. It analyses conditions of mineral extraction and related risks in the region of South West Colombia.
This series of assessments on Colombian gold supply chains and the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High Risk Areas analyse the conditions of mineral extraction and related risks in Colombia as a whole and by region.
English, PDF, 635kb
Global FDI flows decreased by 3% to USD 788 billion in the first half of 2017 compared to the second half of 2016. The overall decrease was due to an 11% drop in Q2 after increasing 3% in Q1.Inflows to the EU decreased by 46%, partly due to a drop in the United Kingdom from the very high levels recorded in the second half of 2016, while outflows decreased by a more modest 12%.
19/10/2017 - Stock exchanges in Asia have emerged as the world's fastest growing trading venues for listed stocks and several domestic investment banks in the region are becoming global actors. This new annual review follows and analyses trends in Asian public equity markets.
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Stock exchanges in Asia have emerged as the world's fastest growing trading venues for listed stocks and several domestic investment banks in the region are becoming global actors. This new annual review follows and analyses trends in Asian public equity markets.
This report assesses the state of Armenia’s sanitation services, which are in poor shape, and proposes ways forward for reforming the sector by: ensuring equitable access by all and identifying solutions that work for the poorest and most remote communities; generating economies of scale and scope, and reducing both investment and operational costs for the efficient delivery of sanitation services; and moving towards sustainable cost recovery for the sanitation sector, by identifying how much funding can be mobilised from within the sector and how much external transfers are required. The state of Armenia’s sanitation services are inadequate, with 51% of the population in rural areas using unimproved facilities, causing direct damage to the environment and exposing inhabitants to health risks, and better access but degraded sewerage-system infrastructure in urban areas, posing health hazards due to potential cross-contamination between sewage and drinking water. According to preliminary estimates, EUR 2.6 billion of investments will be required to meet Armenia’s sanitation needs, with approximately EUR 1 billion needing to be spent in the next 7 to 10 years. Given the country’s current economic situation, this investment will have to be spread over time and targeted to avoid further deterioration of infrastructure and increase of the financing gap.
This review of Corporate Governance in Colombia was prepared as part of the process of Colombia's accession to OECD Membership. The report describes the corporate governance setting for both listed companies and the state-owned sector (SOEs). The review then examines the legal and regulatory framework and company practices to assess the degree to which the recommendations of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises have been implemented. The review finds that Colombia's framework for the corporate governance of listed companies is largely consistent with the Principles, although some companies have been reluctant to implement some of the good practices recommended in Colombia's national corporate governance code. For SOEs, the report recognises substantial reforms undertaken during the review process to adopt an ambitious national ownership policy. Reforms have included establishing an ownership co-ordination unit and more transparent reporting on SOE performance, and removing ministers from SOE boards and establishing more transparent board nomination processes aimed at enhancing the qualifications of board members. The report seeks continuing efforts to consolidate these reforms and to implement plans announced in the national ownership policy.