Portugal’s enforcement of its foreign bribery laws has been extremely low. Not a single prosecution has resulted from 15 allegations of Portuguese companies bribing foreign officials in high-risk countries.

Global value chains (GVCs) have become a dominant feature of world trade and investment, offering new prospects for growth, development and jobs, according to a new joint report by the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD).

Fighting foreign bribery is not a priority in Belgium. Together with the flagrant lack of resources for Belgian law enforcement authorities, this has resulted in very few foreign bribery investigations and prosecutions. In the 14 years since the entry into force of the foreign bribery offence in Belgium, only one case of bribery of foreign public officials has been concluded.

Azerbaijan must do more to enforce recently introduced anti-corruption laws and to ensure law enforcement has the resources to prosecute complex corruption crimes, says a new OECD report.

18 November 2013 - Asia-Pacific Trade and Investment Week 2013 opened in Bangkok today with a regional conference on responsible business practices jointly organised by the United Nations Economic and Social Commission of Asia and the Pacific (ESCAP) and the Organisation for Economic Co-operation and Development (OECD).

Jointly organised by the OECD and ESCAP, this conference focused on the role of governments in supporting and facilitating more sustainable and inclusive business practices in the Asia-Pacific region.

This roundtable focused on the impact the Anti-Bribery Convention has had on the global anti-bribery agenda since its entry into force in 1999, as well as what should be done to ensure the Convention's continued relevance going forward.

Recommendation of the OECD Council on Effective Public Investment Across Levels of Government

South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery.

Este folleto contiene información esencial sobre las Líneas Directrices de la OCDE para empresas multinacionales, que en la actualidad constituyen las recomendaciones más exhaustivas aprobadas por los gobiernos sobre la conducta responsable de las empresas.

This Global Forum plays an important role as the tool for on-going dialogue on responsible business conduct. I am pleased to announce that today, Ministers from over 20 countries are coming together to discuss how to integrate responsibility considerations throughout government policies. Their work will contribute to protect internationally recognised fundamental rights and to ensure good governance, fair regulations, and transparency.

This statement was adopted by National Contact Points on 25 June 2014 during their 15th Meeting.

This survey was presented at the Informal ministerial meeting on responsible business conduct held in Paris on 26 June 2014.

3-4 September 2014, Phnom Penh, Cambodia: This conference focused on the key levers for restoring trust in government and building trust by and in the private sector and civil society.

Kazakhstan’s new anti-corruption strategy must be better defined, involving key stakeholders, with targeted actions and goals that address the key corruption challenges facing the country, says a new OECD report by the Istanbul Anti-Corruption Action Plan (IAP).

New approaches are needed for addressing social and economic challenges, including new models of public and private partnership which can fund, deliver and scale innovative solutions from the ground up.

The risk of Greek companies bribing foreign officials is substantial, but Greece has not given the same priority to fighting foreign bribery as it has to domestic corruption.

The promotion of responsible business conduct has taken an important step forward with the launch of a new reporting framework. Businesses now have no excuse for not explaining how they’re meeting their human rights obligations.

This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.

This report responds to a request from the G20 that the IMF and OECD assess whether further work is needed on their respective approaches to measures which are both macro-prudential and capital flow measures, taking into account their individual mandates. The report was transmitted to G20 Finance Ministers and Central Bank Governors at their meeting on 16-17 April 2015 in Washington D.C.

With a focus on the Asia-Pacific region, this conference addressed what the Sustainable Development Goals will mean for business and how business sustainability strategies can be aligned to support their implementation.

Israel is not sufficiently proactive in detecting and investigating foreign bribery, with no prosecutions over the past 7 years, despite 14 allegations of foreign bribery involving Israeli individuals or companies. The OECD Working Group on Bribery is, however, encouraged by the recently-opened investigations, and will pay close attention to how these evolve.

OECD Secretary-General Angel Gurría today called on all countries to fully engage with the new Sustainable Development Goals (SDGs) and said advanced and emerging economies had a particular responsibility to translate the global goals into national policy and to support developing countries in doing the same.

This update report by the IMF and the OECD was delivered to G20 in February 2016.

21 April 2016, Paris: The OECD will host a High-Level Meeting on boosting the impact of anti-corruption reforms in Eastern Europe and Central Asia.

Further structural reforms are needed to help the business sector boost productivity growth and overcome the key challenges of sluggish investment in advanced economies and excess capacity in emerging economies, according to a new OECD report.

14-16 June 2016, Paris: The OECD hosted an International Anti-Corruption Conference organised by the French Ministry of Justice, and with the support of the World Bank and the United Kingdom. This conference brought together representatives from anti-corruption authorities worldwide responsible for investigating and prosecuting corruption.

Fifteen years after the creation of National Contact Points as a means to improve the implementation of the Guidelines, the OECD has conducted an analysis of the functioning and performance of the National Contact Points.

Ukraine has made considerable progress in the area of anti-corruption reform but faces significant challenges to implement some important tools for combating corruption, according to a recent OECD report.

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.

Abidjan, 27-28 October 2016 - This event focused on transparency and accountability, in particular tackling illicit financial flows and combating corruption. The event provided an occasion to launch the OECD-AfDB Anti-Bribery Policy and Compliance Guidance for African Companies.

Following on from the London Anti-Corruption Summit which took place in May 2016, the OECD and the International Bar Association (IBA) have agreed to form a task force to develop professional conduct standards and practice guidance for lawyers involved in establishing and advising on international commercial structures and recommended actions for governments.

Mutual legal assistance, and international co-operation more broadly, are important issues in the investigation and prosecution of corruption crimes. This report outlines common barriers to MLA among the 31 member jurisdictions of the ADB/OECD Anti-Corruption Initiative for Asia and the Pacific, and describes best practices used to overcome these barriers.

Finland has proactively investigated seven allegations of Finnish individuals or companies paying bribes to foreign public officials since 1999 but needs to address its discouragingly high acquittal rate.

Some 16 years after joining the OECD Anti-Bribery Convention, Argentina remains in serious non-compliance.

This paper presents the findings of an international stocktaking of the regulatory frameworks that apply to institutional investment in different jurisdictions and how these frameworks are interpreted by institutional investors in terms of their ability or responsibility to integrate environmental, social and governance (ESG) factors in their governance processes.

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.

‌‌On 23-24 February 2017, at the OECD Headquarters in Paris, this Workshop discussed the foundations to measuring business impacts on well-being through the creation of new measurement standards in close collaboration with the business sector, and as part of existing reporting practices that already transcend economic performance.

There is no shortage of capital available globally to finance renewable-energy projects. The financial sector encompasses more than €100 trillion of assets. So how is it that investment in renewable energy is not flowing faster? This article by OECD policy analyst Geraldine Ang proposes responses to the trillion-dollar question.

9 November 2017, New York With the FCPA’s enactment 40 years ago and 20 years after the adoption of the OECD - Anti-Bribery Convention, the global fight against corruption has changed forever. This conference examined the major impact of these ground-breaking instruments on corporate behaviour and law enforcement priorities.

‌What is the contribution of business to people’s and communities’ well-being? How do businesses impact their environment and how sustainable are their practices? The OECD Statistics Directorate is expanding its work on measuring well-being at the country level to include the business community.

When companies involve stakeholders, such as local communities, in their decision making, it enables them to identify, and account for the impacts of their activities, and contribute to positive social and economic development. To address the challenges raised when engaging with stakeholders, the OECD is preparing a user guide on how to undertake due diligence in engaging with stakeholders for mining, oil and gas enterprises.

Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report.

As part of the implementation strategy for the recently adopted OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector, the OECD is conducting a series of surveys that target SMEs operating within the sector.

Many governments seek to promote and facilitate inward investments that they expect will benefit their economy. This paper looks at the merits of an international framework to facilitate investment in support of sustainable and inclusive growth.

Angola recorded a Current Account surplus of 1894.10 USD Million in 2019. Current Account in Angola averaged 1723.37 USD Million from 1990 until 2019, reaching an all time high of 13853.30 USD Million in 2012 and a record low of -10272.80 USD Million in 2015. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Angola Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Health spending continues to rise faster than economic growth in most OECD countries, maintaining a trend observed since the 1970s. Health spending reached 9.5% of GDP on average in 2009, the most recent year for which figures are available, up from 8.8% in 2008, according to OECD Health Data 2011.

Mental illness is a growing problem in society and is increasingly affecting productivity and well-being in the workplace, according to a new OECD report.

Though the rate of public spending on healthcare in the Asia/Pacific region is still well below the OECD average, countries there are committing more resources to improving health care quality.

Belgian companies, mutualities and employment services should be more proactive in helping people with mental health problems stay in the workplace or find a job, according to a new OECD report.