Monday, October 31, 2005
Risk Management Tool for Investors in Weak Governance Zones: Public Consultation
The OECD Investment Committee is seeking the public’s views on its draft Risk Management Tool for Investors in Weak Governance Zones through an online consultation. Comments of all sorts would be welcome -- from a general assessment of only a few lines to detailed, point-by-point remarks.
A weak governance zone is an investment environment where the government is not working – public officials are unable or unwilling to assume their roles in protecting rights, providing basic public services and ensuring that public sector management is efficient and effective. These “government failures” lead to broader failures in political, economic and civic institutions that, in turn, create the conditions for endemic violence, crime and corruption and that block economic and social development.
See full Press Release.