The OECD is supporting Malaysia to implement regulatory reforms supporting the country’s economic, social and environmental goals, as well as regional and global competitiveness.

Knowledge sharing is critical in fostering urban green growth. Cities in dynamic Asia urgently need to adopt and strengthen green growth models that take into account rapid urbanisation, industrialisation, and motorisation.

The government’s current review of the federal system, focusing on both spending and tax responsibilities, is welcome, as is the “whole of government” approach to the process.

This review particularly recommends shifting away from income taxation to indirect taxation, for instance by raising more revenue from the Goods and Services Tax.

The main objective of this meeting was to create a Latin American Network to contribute to the better functioning of markets and the improvement of public services in Latin American countries.

Measuring regulators’ performance can strengthen the contribution of regulatory policies to sustainable growth and development. While measuring a regulator’s performance is a fundamental function of a “world class” regulator, it is challenging, starting with the definition of what should be measured and including the attribution of outcomes to regulators’ actions and the availability of robust and evidence-based evaluation

Despite progress in the past decade, financial markets in Colombia remain relatively small and shallow. In particular the banking system suffers high intermediation costs, which limit constrains access to finance by households and firms.

The Colombian corporate tax system is highly complex and distortive. The effective tax burden on businesses is very high due to the combined effect of the corporate income tax, the corporate surtax introduced in 2012 (CREE), the net wealth tax on business assets and the value added tax (VAT) on fixed assets.

Financial crises do more than impose huge costs: they have bigger and more insidious effects. We face big challenges in maintaining the supply of global public goods as the world integrates. But these challenges will not be managed successfully if we do not first overcome the legacy of the crisis.

Colombia has engaged in a sustained process of fiscal decentralisation over the past decades. Evidence is presented that the current framework is conducive to fiscal sustainability, especially after the reforms in the late 1990s and early 2000s.

Colombia needs a comprehensive tax reform that boosts revenues and shifts the tax burden to support more inclusive and green growth. Tax loopholes and exemptions that reduce the tax base and favour mainly the rich should be reduced significantly.

Better access to and use of public sector information (PSI), including open government data, are inter-related parts of the shift towards knowledge-based economies, and drivers of innovation, growth and employment. PSI can be used directly to generate products and services, and it contributes in a wide variety of ways to improving efficiency and productivity across the economy (including within the public sector).

The Public Governance Review of Lithuania was launched in Vilnius on 19 June 2015 as part of the closing event of Lithuania’s Open Progress Forum "Innovative Public Sector – Mission (Im)possible?".

Blog post reviewing the recent trends in the use of social media by governments. The article includes a look at the the top 30 government Twitter a/c's and the fastest growing accounts.

This working paper explores avenues to improve public sector efficiency in Latvia, a catching-up and ageing economy where spending needs are large.

With gross government debt of 226% of GDP, Japan’s fiscal situation is in uncharted territory and puts the economy at risk. Japan needs a detailed and credible fiscal consolidation plan, including specific revenue increases and measures to control spending to restore its fiscal sustainability.

The FAO, OECD and UNCDF launched a joint multi-year initiative to assess Food Security and Nutrition (FSN) policies from a territorial perspective. This joint initiative will assess, scale up, and pilot innovative policy approaches and governance mechanisms to improve food security and nutrition in rural areas, in both emerging and developing countries.

Ministers and cabinet-level officials from OECD countries and beyond will participate to help determine how we shape the policy cycle to deliver inclusive outcomes.

The Regional Development Policy Division was honoured to have been selected by the Regional Studies Association (RSA) to receive the Institutional Ambassador Award 2015 on 18 November. The award is in recognition of the high calibre of reports and measurement tools produced by the Regional Development Policy Committee and its supporting Working Parties.

This report analyses the strengths and weaknesses of Ireland’s system of parliamentary engagement in budgeting, and outlines a number of proposals for reform.

16 March 2016, Paris: Chaired by the Italian Minister of Justice, Andrea Orlando, the OECD will host a Ministerial Meeting on the Anti-Bribery Convention to discuss measures to strengthen implementation of the Convention and to exchange ideas on combating foreign bribery and emerging issues.

Discussion of progress to enhance regulatory quality and promote inclusive economic growth in the Latin American region.

Governments must act faster help people and firms to make greater use of the Internet and remove regulatory barriers to digital innovation or else risk missing out on the potentially huge economic and social benefits of the digital economy, the OECD told ministers and high-level officials from almost 40 countries today.

Ministers and high-level representatives from 41 countries and the European Union committed today at the closure of the OECD’s 2016 Digital Economy Ministerial Meeting in Cancun, Mexico, to work together to preserve an open Internet, close digital divides, promote digital skills and generally do more to seize the potential of the digital economy.

The global economy remains in a low-growth trap. In our latest Interim Economic Outlook global GDP growth is set to remain flat around 3% in 2016 and improve modestly to 3.2% in 2017.

La inversión pública en Colombia ha aumentado sustancialmente en los últimos años hasta alcanzar casi el 4% del PIB, una cifra superior a la media OCDE de 3.2%. Sin embargo, según indica un nuevo informe de la OCDE, para hacer frente a la brecha en infraestructuras y para superar las desigualdades territoriales será necesario que el país mantenga y amplíe sus esfuerzos en materia de inversión.

OECD will measure the impact of digitalising the Mexican Social Security Institute formalities and guide future efforts on simplification

"Indonesia is well placed to be a strong advocate for open government reforms, and to link such reforms to other multi-lateral reform efforts" - OECD Insights Blog by Luiz De Mello.

The Centres of Government meetings review issues on how to make the centre of national government work more effectively. They are held annualy by a member of the network.

An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on potential output for a panel of OECD countries is augmented with public investment and its components.

For the last five years the global economy has been in a low-growth trap, with growth disappointingly low and stuck at around 3 per cent per year. Persistent growth shortfalls have weighed on future output expectations and thereby reduced current spending and potential output gains.

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly reduced ethnic inequality.

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly reduced ethnic inequality.

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.

OSINERGMIN, the Supervisory Agency for Investment in Energy and Mining of Peru, advances in transparency and accountability to improve its regulation.

Women’s representation in parliaments remains a global issue. In 2016, women constituted 23% of parliamentarians over both upper and lower houses combined, with the Pacific, Arab States and Asia having the lowest representation (16.4%, 18.2%, and 19.2% respectively).

As part of efforts to deepen co-operation between the OECD and Argentina and contribute to the country’s public policy and reform agenda, Argentina’s Finance Minister Nicolás Dujovne has presented an Action Plan to OECD Secretary-General Angel Gurría.

OECD promotes the exchange of experiences and good practices for the improvement of regulation among Latin American countries

In 1998 Indonesia embarked on an ambitious course of decentralisation. Over a period of a few years, facilitated by financial transfers from the central government, responsibility for many public services and administrative tasks were devolved to local authorities.

Indonesia's fiscal position is generally sound and policy making prudent. However, the country still faces important challenges in terms of economic and social development.

Tax reforms are crucial to promoting inclusive growth in India.

Business taxation in India is characterised by high effective tax rates, a narrow tax base, and an uncertain tax environment for potential investors.

In relation to GDP, India's public debt and interest payments are high compared with most other emerging economies and rating agencies have put India's sovereign debt at the lowest investment grade.

Training Workshop on the elaboration and evaluation of regulatory impact assessment (RIA)

The OECD is working with Tunisia to develop a system of subnational indicators.

Tokyo, Japan - 24-25 October 2012 - Participants at this meeting shared practical experiences taking into account the concentrated ownership structure of companies in the region.

Moscow, Russia - 25-26 October 2012 - discussions at this meeting addressed topics related to corporate governance and listing requirements in Russia.

Kuala Lumpur, Malaysia - 5-6 June 2013 - This meeting served as an opportunity to better understand the particular features and challenges associated with equity market developments worldwide and in particular, corporate governance policies and practices and their relationship to equity market growth in Asia.

Slovenia is facing the legacy of a boom-bust cycle that has been compounded by weak corporate governance of state-owned banks. The levels of non-performing loans and capital adequacy ratios compare poorly in international perspective and may deteriorate further, which could require significant bank recapitalisation.