By Kevin Richman, Innovation Specialist, Observatory for Public Sector Innovation, OECD Today the OECD reports Innovation Skills and Leadership in Brazil’s Public Sector and The Innovation System of the Public Service of Brazil: An exploration of its past, present and future journey were launched by Marcos Bonturi, Director of Public Governance, OECD, at the Brazilian … Continue reading Innovation skills and leadership in Brazil’s public sector
Since the Global Financial Crisis, challenges related to capital flow management and financial stability have evolved, leading policymakers to broaden the policy toolkit available to deal with those challenges. In this context, the time was ripe for a review of the OECD Code of Liberalisation of Capital Movements, the only multilateral agreement covering the full capital account. The updated Code was adopted by OECD Ministers in May 2019 and launched at the G20 Finance meeting in Fukuoka. It is not only more flexible, to better deal with current financial stability requirements, but it also makes an important contribution to the global debate on the international financial architecture.
The debate around corporate purpose intensified this year when the US Business Roundtable published a new ‘statement of purpose’ which relegated shareholders to just one of several key stakeholders. This post by Andrew Cave of Baillie Gifford examines what we mean by corporate purpose and why trust is a critical component.
Blog by Balazs Gyimesi, Jeroen Michels & Pelagia Patsoule, Public Sector Integrity Division, OECD. While no country is stranger to the harms of corruption and bribery, international co-operation can help find solutions to strengthen public integrity systems. Take the example of Thailand's partnership with the OECD. In Thailand, over 40% of surveyed citizens reported that … Continue reading International Co-operation to Strengthen Public Integrity: the Case of Thailand
By: Charles Price, Deputy Director at HM Treasury, United Kingdom In a recent talk at the UCL Institute of Innovation and Public Purpose, Brian Eno said “I like bureaucrats…They get a bad deal because they don't look as glamorous as artists. But actually what they're doing is stabilising knowledge, keeping things running, and sometimes innovating … Continue reading The knowledge economy, intangible assets and public wealth
Only one hundred companies produce over 70% of greenhouse gas emissions so they should also be responsible for taking action to address the impacts of climate change. On the occasion of the 2019 Responsible Business and Human Rights Forum, OECD's Cristina Tébar Less, looks at the actions business is expected to take. It is widely … Continue reading How can business meet its responsibility to address climate change?
The economies across the Middle East and North Africa region are looking to mobilise investment, private sector development and entrepreneurship to support economic growth and employment. The OECD's Fianna Jurdant shares some insights from a new OECD report on how sound corporate governance can help achieve this goal.
International investment, and in particular foreign direct investment, has an important role to play in helping to achieve the Sustainable Development Goals. Karl Sauvant looks at what it takes.
By: Jacopo Leone, Associate Democratic Governance Officer, OSCE Office for Democratic Institutions and Human Rights (ODIHR), Warsaw The public accountability and transparency of parliaments are keystone principles to which all OSCE participating States have subscribed. In 1990, they declared in Copenhagen that “the will of the people, freely and fairly expressed through periodic and genuine … Continue reading Taming Parliamentary Integrity: A Changing Foundation of Democracy
SOEs sit at the centre of economic decision-making in many countries worldwide. Patrick Heller discusses how open data has the potential to improve their governance.