Economic Cooperation and Development (OECD)

Write a 1 page essay on the following:

The Organisation for Economic Cooperation and Development (OECD) Convention is an unusual international agreement in that it seeks to coordinate disparate legal and ethical systems in order to arrive at a minimum standard with respect to an important form of white collar crime. It obliges signatory countries, which now include all 30 OECD member countries plus a growing number of non-members, to make the bribery, corruption, extortion, and/or insiders trading of a foreign public official a crime under their laws. Why is this such a difficult policy to implement? Give a qualitative response.

You may go to www.imf.org and conduct a search on the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions or a peer reviewed source.

Last Updated on February 11, 2019 by EssayPro