Georgia has achieved remarkable progress in eliminating petty corruption in the public administration and should now focus on combating high-level and complex corruption, according to a new 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.

Co-organised by the OECD and the German Federal Ministry of Finance, the seminar focused on the policy implications of the increasingly interconnected global financial and economic system and the need for an open and orderly regime for capital flows in the context of the review of the OECD Code of Liberalisation of Capital Movements.

Brandon L. Garrett is the Justice Thurgood Marshall Distinguished Professor of Law at the University of Virginia School of Law and author of Convicting the Innocent (2011) and Too Big to Jail (2014). These comments on corporate criminal liability are a contribution to a public consultation conducted by the OECD Working Group on Bribery.

New guidance from the AfDB and the OECD will help African companies of all sizes set up measures to prevent bribery and improve the quality of corporate compliance and anti-bribery policies.

9 November 2016, Marrakesh - This COP22 side event will focus on the role of policies and domestic enabling conditions to encourage private investment in green infrastructure in developing countries, drawing on lessons learned from country-specific experiences in Jordan and Viet Nam.

Funded Pension arrangements, in particular defined contribution ones, are playing a growing role in complementing retirement income from public sources in OECD countries and worldwide. However, their design needs to be improved, according to a new OECD report.

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.

The paper summarises views expressed by practitioners at a workshop in Beijing on 13-14 April 2016 with respect to contemporary challenges in international co-operation in corruption cases and possible solutions to mitigate these challenges. It has a practical orientation and is intended to contribute to ongoing dialogue at national and multilateral levels on enhancing international co-operation.

Paris, 6 March 2016 - The 2017 Global Forum contributed to the broader policy debate about how to address globalisation failures from an international investment perspective. Debates addressed options for reforming the international investment policy regime across three dimensions: openness, responsibility and inclusiveness.

The OECD Working Group on Bribery commends Italy for the adoption of a Bill on 15 March, by the Italian Senate, which, if adopted by the Chamber of Deputies, would significantly extend the statute of limitations to allow more time to prosecute and sanction foreign bribery cases.

Foreign bribery enforcement in the UK has increased significantly since 2012 notably thanks to the pragmatic and effective approach taken by the Serious Fraud Office (SFO) to investigate and resolve foreign bribery cases.

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

The FDI Regulatory Restrictiveness Index (FDI Index) measures statutory restrictions on foreign direct investment in 58 countries, including all OECD and G20 countries, and covers 22 sectors.

27/03/2017 - Ukraine has become the 47th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. The Declaration commits Ukraine to provide an open and transparent environment for international investment and to encourage the positive contribution foreign investment can make to economic and social progress.

Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios.

An independent group of leading anti-corruption and integrity experts recommends doing more to enforce and develop anti-corruption standards and enhancing collaboration with other international organisations in a report on ways the OECD can strengthen its vital work in combating bribery and promoting integrity.

Lending volumes and credit conditions for small and medium-sized enterprises (SMEs) have gradually improved, according to a new report from the OECD, but demand-side obstacles such as a lack of financial knowledge are contributing to holding back a stronger recovery.

The OECD Business and Finance Newsletter keeps you up-to-date on the latest highlights, information and analysis on business, finance and investment work led by the OECD.

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.

The slowdown in productivity growth - already underway before the crisis – combined with sluggish investment, continued to undermine rises in economic output and material living standards in recent years in many of the world’s economies, according to a new report released today by the OECD.

Lithuania has taken an important step on the road to OECD membership by completing the process to become a member of the OECD Anti-Bribery Convention. Lithuania will become the 42nd Party to the OECD Anti-Bribery Convention on 15 July 2017, 60 days after the deposit of its instrument of accession.

Costa Rica has taken an important step on the road to OECD membership by completing the process to become a member of the OECD Anti-Bribery Convention. Costa Rica will become the 43rd Party to the OECD Anti-Bribery Convention on 23rd July 2017, 60 days after the deposit of its instrument of accession.

The Czech Republic must strengthen its efforts to detect, investigate and prosecute foreign bribery. Seventeen years after ratifying the OECD Anti-Bribery Convention, the Czech Republic has yet to prosecute a case involving the bribery of foreign public officials.

This collection compiles the contributions of senior policy experts, academics, and economic practitioners on developments in the financial integration and financial regulation of cross-border capital flows since the 2008 global financial crisis at the OECD High-Level Seminar “Open and Orderly Capital Movements” held in October 2016.

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.

This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Costa Rica.

Kyiv, 24-27 July 2017: The OECD, within the framework of the OECD Anti-Corruption Project for Ukraine, and in cooperation with Ukraine's Asset Recovery and Management Agency (ARMA) and the Council of Europe (CoE), has conducted a four-day training for the first recruits of ARMA.

Successfully attracting investment and innovation in renewable energy requires not only core climate policies, such as pricing carbon, but also a focus on the broader investment environment. Based on new research from the OECD, this article reviews some of the main factors holding back investment and innovation in renewable energy and looks at what governments can do to take action.

Evidence on the role played by investment in global value chains (GVCs) can assist policy work on GVCs, trade, investment and development. Drawing on new and improved measures of trade and investment, these country notes provide relevant statistical information from OECD databases on trade, investment, the activities of multinational enterprises and global value chains.

Chile must make further progress on key recommendations of the OECD Working Group on Bribery in International Business Transactions, more than three years after its Phase 3 evaluation in March 2014.

This web page presents the 10 dimensions of the framework for the governance of public infrastructure. The dimensions relate to how governments prioritise, plan, budget, deliver, regulate and evaluate infrastructure investment. Each area covers the principal objective of policy in each area, followed by key questions decision makers need to address and indicators identifying the enabling factors.

G20 Leaders are firmly committed to open trade and investment and to resisting protectionism in all its forms. They have mandated WTO, OECD and UNCTAD – the leading international organisations in the area of international trade and investment policies – to monitor policy developments and report publicly on these commitments.

The “Freedom of Investment" (FOI) process hosted by the OECD Investment Committee monitors investment policy developments in the 58 economies that participate in the process. This report covers investment measures taken between 16 February 2017 and 15 September 2017.

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.

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.

Compensation for adjudicators is generally considered as a core issue for judicial independence and for attracting good judges in the institutional design for courts. This paper examines compensation systems for adjudicators and dispute settlement administrators in investor-state dispute settlement. The paper uses in part a comparative perspective based on approaches in domestic courts in advanced economies.

The OECD Working Group on Bribery is leading global efforts to fight bribery of foreign public officials in international trade and investment. The fight against foreign bribery is a core shared value that unites all 43 Parties to the Anti-Bribery Convention. This brochure provides a snapshot of 18 years of implementation and enforcement of the Anti-Bribery Convention.

On the occasion of the 20th Anniversary of the OECD Anti-Bribery Convention, this roundtable focused on the impact of the Convention 20 years on, the impact of the Convention on major emerging economies not yet party to the Convention, and the detection of foreign bribery.

This consultation with the private sector and civil society will focus on topics suggested by the stakeholders themselves as well as the WGB's new cross-country project on settlement arrangements.

This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Lithuania.

Lithuania has taken significant steps to strengthen its legislative framework to combat foreign bribery. Yet further efforts are needed to ensure effective enforcement of anti-bribery laws with regard to corporate liability and imposing sanctions for foreign bribery, including confiscation, according to a new report by the OECD Working Group on Bribery.

The next review of Sweden’s implementation of the OECD Anti-Bribery Convention, which was scheduled for October 2018, has been delayed until 2019. This is due to the fact that Sweden has not yet enacted legislation to urgently address remaining recommendations to reform its laws on corporate liability for the bribery of foreign public officials.

This paper reviews alleged societal benefits and costs of International Investment Agreements (IIAs) as suggested by academia, governments, business and civil society. It sets out the wide range of issues that diverse actors have proposed in the context of assessing the societal benefits and costs of IIAs.

25-26 January 2018 - The first annual meeting of the G20 Global Infrastructure Connectivity Alliance will bring together policy makers and practitioners to discuss the state of play in global connectivity, innovative practices and the outlook for connectivity.

In 2018, the OECD Working Group on Bribery launched its fourth phase of monitoring of Chile, Korea and Mexico's implementation of the OECD Anti-Bribery Convention. To assist this evaluation process, the OECD calls for interested parties to provide written submissions on the evaluated countries.

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.

16 February 2018 - OECD and the Food and Agriculture Organization of the United Nations (FAO) launched a pilot project in Paris today to kick-start the practical application of the OECD-FAO Guidance for Responsible Agricultural Supply Chains with 30 leading 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.