The links and interactions between trade and competition are at the forefront of the international policy debate as governments seek to recover from the human and economic impacts of the COVID-19 pandemic. OECD’s Ruben Maximiano and Lorena Giuberti Coutinho share their views on the implications state intervention can have on competition and trade policy.
As the fourth review of the OECD/G20 Principles of Corporate Governance gets underway, OECD’s Daniel Blume and Serdar Çelik take a look at what is in store for corporate governance frameworks
Instances of abuse of force by private and public security forces in artisanal, small-scale and large-scale mining operations around the world are increasingly being reported. Companies in mineral supply chains are expected to identify such risks and take action. DCAF, ICRC and OECD have developed a number of tools and initiatives to support this.
Digital technologies and data – including Artificial Intelligence (AI) – hold the potential to automate and thus improve the efficiency and effectiveness of regulatory, supervisory and enforcement activities, which have become increasingly complex in recent years. Looking at the most common uses of supervisory technology (SupTech) by competition authorities, securities regulators and anti-corruption agencies to date, the OECD’s Emeline Denis identifies associated benefits, risks and challenges, and outlines considerations for devising adequate SupTech strategies across policy areas
Artificial Intelligence (AI) promises to bring significant procompetitive consumer benefits but these developments are accompanied by a number of potential risks relating to competition. The OECD's James Mancini highlights some of these risks and looks at competition policy options that can help to ensure that AI reaches its procompetitive potential.
Behind every deforestation struggle is a global supply chain. The demand for commodities in one place can lead to the loss of forest in another, particularly when forest area is converted to other land uses such as agricultural production. This column looks at how the OECD Guidelines for Multinational Enterprises and related due diligence guidance can help companies understand how they can help address biodiversity challenges, amongst other environmental risks, in their business operations, supply chains and relationships.
The rapidly increasing use of Artificial Intelligence (AI) is accompanied by a number of potential risks related to human rights. Focusing on relevant areas such as the right to privacy, non-discrimination, fair trials and freedom of expression, the OECD’s Rashad Abelson looks at how OECD guidance can be applied to AI systems throughout their lifecycle and provide a framework for considering these issues holistically.
The deployment of Artificial Intelligence (AI) in the financial sector is bringing both benefits and new or amplified risks. While supporting AI-driven innovation in finance, the OECD’s Iota Nassr looks at some of these risks and the different tools policy makers can use to address them.
By Mariia Melnyk One of the biggest risks to the integrity and lawfulness of public procurement is bidder collusion, also called bidder conspiracies or cartels. Cartels engage in price fixing and this is often accompanied by a decline in quality and innovation. OECD research shows that public procurement averages around 12% of GDP across OECD … Continue reading Ukraine’s e-procurement system can help Ukrenergo to foster competition and fight bid rigging
Emerging markets have increasingly been using macroprudential policy to mitigate risks from high currency exposures in both banks’ and firms’ balance sheets. One widely-used tool is foreign exchange (FX)-differentiated reserve requirements.