Sub-subject: OECD anti-corruption measures. Syllabus:
Sample of the sub-subject: OECD anti-corruption measures
Sub-Subject Description: OECD anti-corruption measures:
The mission of the Organisation for Economic Cooperation and Development is to promote policies that will improve the economic and social well-being of people around the world. One of the activities of the OECD is the struggle against corruption.
The OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions entered into force in 1999 and had been signed by Argentina, Brazil, Bulgaria, Russia, and South Africa and all the OECD countries; Colombia had acceded to the Convention on Combating Bribery (January 19, 2013).
This Convention seeks to eliminate and penalise those companies or people who are related to some gratification to a public official in the foreign trade operations.
The Organisation for Economic Cooperation and Development also produces a series of recommendations for both multinationals and governments (accounting for 85% of foreign direct investment), the OECD Guidelines for Multinational Enterprises.
Thirty-four member countries of the OECD are Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, South Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States.