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The Directorate for Financial and Enterprise Affairs (DAF, www.oecd.org/daf) helps governments to improve the domestic and global policies that affect business and markets. DAF identifies policies and best practices designed to keep markets open, competitive and sustainable while combating market abuses and economic crime through international co-operation. It works in the fields of anti corruption, corporate governance, competition law and policy, investment, financial markets, insurance, private pensions, and private sector development.
What's new
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18-Dec-2008
Most OECD countries have extended their financial safety nets for banks and financial institutions over recent months. While a helpful step for restoring market confidence, this OECD article highlights the need for policy makers in the coming months to focus on “exit strategies”, especially where unlimited guarantees have been extended.
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16-Dec-2008
Led by the President of the Republic of Uganda, African ministers and high-level representatives from African and OECD countries met to discuss strengthening investment policy reform in Africa and enhancing private investment in transport infrastructure.
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11-Dec-2008
The ongoing financial crisis has dealt a heavy blow to private pension systems. The latest issue of Pension Markets in Focus takes a close look at the impact of the crisis and discusses possible policy interventions, both immediate and longer term.
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09-Dec-2008
Israel has officially joined the OECD Working Group on Bribery, an important step in its accession to OECD membership. OECD has also launched a partnership with the African Development Bank (AFDB) to support the efforts of African governments and business to fight bribery and corruption and boost corporate integrity.
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01-Dec-2008
Governments should crack down on tax evasion to raise tax revenues as part of broader efforts to help maintain the flow of aid to developing countries during the global economic downturn, said OECD Secretary-General Angel Gurría in a speech at the UN International Conference on Financing for Development.
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26-Nov-2008
This publication reviews Chinese government efforts to encourage responsible business conduct against the backdrop of recent regulatory changes and China's increasing outward investment. It assesses the extent to which China's legal and regulatory framework for investment has been improved since the 2006 Review and evaluates recent improvements in China's FDI statistics.
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21-Nov-2008
This Review, undertaken as a part of Peru's adherence process and in co-operation with Peruvian authorities, shows the country's achievements in establishing an open and transparent investment regime with a limited number of restrictions, enabling Peru to rank among the most open economies.
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18-Nov-2008
As the financial crisis has evolved into a global economic crisis, the outlook for FDI has likewise darkened. On current trend, inflows will be down 13% and outflows by 6% by the end of the year. But, given the speed with which the global economic crisis deepened during Q3 and into Q4 of 2008, it seems likely flows will fall sharply in the second half of 2008 and continue to decline into 2009.
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06-Nov-2008
OECD and Central Asian countries are to work together on a regional initiative to boost the business climate, drawing on OECD countries’ experience in policy reforms aimed at spurring investment and competitiveness.
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30-Oct-2008
El Salvador’s first competition law took effect on 1 January 2006. Jointly published by OECD and the IDB, this report reviews competition laws and policies in El Salvador since that date and provides recommendations for further reforms. This report is also available in Spanish.
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17-Oct-2008
The OECD's Working Group on Bribery sharply criticized the United Kingdom's failure to bring its anti-bribery laws into line with its international obligations under the OECD Anti-Bribery Convention and urged the rapid introduction of new legislation. In light of numerous issues of serious concern, the Working Group has requested the UK to provide quarterly reports on legislative progress for each Working Group meeting.
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05-Dec-2008
“OECD and partner countries welcome investments from SWFs as a positive force for development and global financial stability”, Mr. Gurría said in Washington on 11 October. “Taken together, the OECD guidance for recipient countries and the Santiago Principles for SWFs provide the international community with a robust framework for promoting mutual trust and confidence and reaping the full benefits of SWFs for home and host countries.”
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