19 December 2016, Paris: Roundtable on 40 years of the OECD Guidelines for Multinational Enterprises
9 December 2016, Paris: Taking place on International Anti-Corruption Day, this roundtable will provide an opportunity for governments, the private sector, civil society, and the media, to reflect on the liability of legal persons following more than 15 years of work promoting its application for foreign bribery.
This Working Group on Bribery consultation with the private sector and civil society will focus on how best to follow-up on OECD Anti-Bribery Ministerial Meeting.
An estimated 22% of the world’s largest firms are now effectively under state control, this is the highest percentage in decades. These firms are likely to remain a prominent feature of the global marketplace in the near future. The upsurge of state-owned enterprises (SOEs) as global competitors has given rise to concerns related to a level playing field. Some business competitors and observers claim that preferential treatment granted by governments to SOEs in return for public policy obligations carried out at home can give SOEs a competitive edge in their foreign expansion. The OECD has taken a multidisciplinary approach, looking at the issue from the competition, investment, corporate governance and trade policy perspectives. The report aims to sort fact from fiction, and develop a stronger understanding, based on empirical evidence, on how to address growing policy concerns with regard to SOE internationalisation. The report concludes that although there is no clear evidence of systematic abusive behaviour by SOE investors, frictions need to be addressed, in view of keeping the global economy open to trade and investment.
This report examines the Province of Córdoba, Argentina, and provides recommendations for the design of a regional competitiveness strategy as well as the governance structure needed to implement it. Over the past decade, Córdoba has experienced sustained economic growth and widespread improvements in the standard of living. However, the provincial economy is at a pivotal point: it is still highly reliant on traditional manufacturing and commodities, a model that may no longer be sufficient for the future. Córdoba’s challenges and opportunities are the same as those found in many OECD regions and require a renewed development strategy, one that builds on key assets and focusses on closing crucial infrastructure gaps. Investments in skills, research, and innovation are essential to propel the province into higher-value-added segments of production chains. At the same time, Córdoba needs to shift from a sectoral approach to an integrated, activity-focused strategic plan, in which the entire territory (cities and regions) becomes a platform for innovation and fosters new economic opportunities.
Limiting climate change to 2°C requires a major shift in investment patterns towards low-carbon, climate resilient options. To achieve this goal requires policies that involve unprecedented economic, social and technological transformation, as economies shift towards low-carbon and climate-resilient infrastructure investments.
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This article provides an overview of the evolving investment strategies of insurers and identifies the opportunities and constraints they may face with respect to long-term investment activity. It investigates the extent to which changes in macroeconomic conditions, market developments and insurance regulation may affect the role of insurers in long-term investment financing.
This enforcement data includes the number of criminal, administrative and civil cases of foreign bribery that have resulted in a final disposition, such as a criminal conviction or acquittal, or similar findings under an administrative or civil procedure.
The liability of legal persons is a key feature of the emerging legal infrastructure for the global economy. Without it, governments face a losing battle in the fight against foreign bribery and other complex economic crimes.
Phase 4 focuses closely on enforcement of the Convention and cross-cutting issues tailored to specific country needs as well as outstanding recommendations from Phase 4 and institutional or legislative changes since Phase 3.