The Role of Economic Regulators in the Governance of Infrastructure

Economics and Business

AICPA, “Audit Risk Alert: Understanding the Responsibilities of Auditors for Audits of Group Financial Statements”
OECD Compendium of Productivity Indicators 2017
Beyond Shifting Wealth: Perspectives on Development Risks and Opportunities from the Global South
OECD Integrity Scan of Kazakhstan: Preventing Corruption for a Competitive Economy
The Role of Economic Regulators in the Governance of Infrastructure

AICPA, “Audit Risk Alert: Understanding the Responsibilities of Auditors for Audits of Group Financial Statements”

English | ISBN: 1937352447 | 2017 | 96 pages | PDF | 2 MB

This Audit Risk Alert is intended to help auditors understand and implement the requirements of the new AU–C section 600, Statement on Auditing Standards –Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors)
It was developed to present issues that auditors may face in their current audits; focusing on emerging practice issues and current auditing developments.
The new AU–C section 600 is much more broad than previous guidance and introduces a number of new terms, concepts, and requirements related to group audits that will significantly affect current practice.
To assist auditors in implementing the provisions of AU–C section 600, this alert includes a variety of useful resources including:
Technical Questions & Answer sections
An analysis of applicability
A breakdown of new terminology
An exploration of how practice will be affected
Special considerations for state and local governments
Implementation case studies
This alert has been updated for the issuance of SAS No. 127, Omnibus Statement on Auditing Standards.

OECD Compendium of Productivity Indicators 2017

English | 2017 | ISBN: 9264273255 | 124 Pages | PDF | 8.0 MB

This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in Oecd countries, accession countries, key partners and some G20 countries. It includes measures of labour productivity, capital productivity and multifactor productivity, as well as indicators of international competitiveness. A special chapter analyses how productivity and wages have evolved in the post-crisis period, while describing the major challenges in measuring the wage-productivity gap and the labour income share.

Beyond Shifting Wealth: Perspectives on Development Risks and Opportunities from the Global South

English | 2017 | ISBN: 926427314X | 92 Pages | PDF | 8.2 MB

Emerging and developing countries have grown faster than advanced countries since the 2000s. This shifting weight of global economic activity from “the West” to “East and South” is referred to as “shifting wealth”. But in recent years, a number of factors, such as lower commodity prices, seem to have brought this movement to a pause. Is the period of rapid growth in the emerging world over? This anthology takes stock of the situation and goes beyond the “shifting wealth” narrative. It offers a forward-looking perspective on global risks and development opportunities over the next 15 years. It collects the perspectives of thought leaders from developing and emerging economies, offering their views and solutions on the most pressing global development challenges.
The first chapter provides the Oecd Development Centre’s analysis of major development trends. These trends include: slowing growth in China, the end of the commodity super cycle, increasing difficulty accessing global financial markets, demographic transitions, faltering job creation, rapid urbanisation, the negative effects of climate change and conflict and security. These challenges also provide development opportunities. Twelve thought leaders and development practitioners from the global South explore these opportunities in four thematic chapters. They deal with issues such as: structural transformation in a new macro environment; inclusive societies; energy and the environment; and new forms of development co-operation.
The anthology provides a starting point for dialogue and exchange on these risks and challenges as well as potential solutions to them.

OECD Integrity Scan of Kazakhstan: Preventing Corruption for a Competitive Economy

English | 2017 | ISBN: 9264272879 | 312 Pages | PDF | 7.2 MB

This report looks at how to curb corruption and build a more competitive economy in the Republic of Kazakhstan by assessing four crucial factors: governance, prevention, detection, and prosecution and recovery. In its analysis, it draws on good international practices as well as Oecd instruments and tools in 15 policy areas: regulatory governance, competition policy, public financial management, development co-operation, public sector integrity, public procurement, tax administration and transparency, export credits, lobbying, whistleblower protection, business sector integrity, criminalising bribery, civil society, and media. The report provides recommendations for improving Kazakhstan’s laws and policies as well as effectively implementing them in each of these areas.

The Role of Economic Regulators in the Governance of Infrastructure

English | 2017 | ISBN: 9264272658 | 64 Pages | PDF | 3.1 MB

Economic regulators are responsible for ensuring that infrastructure services are delivered efficiently, where competition on its own is unable to achieve this outcome. Based on a survey of 34 economic regulators covering 77 sectors and subsectors including energy, transport, communications and water, this report explores how economic regulators carry out this task, and suggests how this experience can be usefully applied in the governance of infrastructure more broadly.