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The OECD LAC Regional Programme builds on over 20 years of OECD engagement with the region through its Development Centre and a number of regional policy networks across range of policy areas, linked to OECD Committees. At present, a promising policy dialogue takes place within a number of Committee-supported networks on issues ranging from corporate governance, investment, and competition, to fiscal and budget issues, health, regulatory policy, open governance and water governance, among others (see table below). These OECD LAC Regional Policy Networks (RPNs) will continue to bring and adapt the discussions of OECD Committees to the region.
OECD-LAC Investment Initiative
The OECD-LAC Investment Initiative, launched in 2010, aims to increase the contribution of private investment to economic and social development in Latin America and the Caribbean by peer dialogue, between governments and investors. The Network meets multiple times per year back to back with the OECD Investment Committee, as well as through conferences and meetings in the region co-organised with other development partners, such as the IDB and ECLAC.
OECD LAC Fiscal Initiative
The OECD LAC Fiscal Initiative, launched in 2010, aims to improve taxation and public expenditure policies in LAC to support economic growth and income redistribution in the region. The Initiative is delivered through a regional forum for policy dialogue on fiscal issues (the LAC Tax Policy Forum), where senior fiscal policy officials of LAC countries engage with experts from the OECD and other regional organisations, such as the Inter-American Center of Tax Administrations (CIAT), ECLAC, the IDB, the World Bank Group and the International Monetary Fund (IMF).
Latin American Corporate Governance Roundtable
The OECD Latin American Roundtable on Corporate Governance was established in 2000 to facilitate public and private sector dialogue by providing a forum for the exchange of experiences between senior policy makers, regulators and market participants, as well as policy advice and practical input to the Roundtable's work. Stemming from these efforts, all Latin American countries with active capital markets have implemented corporate governance reforms and established corporate governance codes that take into account the G20/OECD Principles of Corporate Governance.
LAC Corporate Governance of State Owned Enterprises (SOEs) Network
The LAC Corporate Governance of State Owned Enterprises (SOEs) Network was established in 2011. Its objective is to enhance the governance of SOEs in the region through an ongoing exchange of experience and knowledge on SOE governance policies, practices and reforms, using the OECD Guidelines on Corporate Governance of State-Owned Enterprises as the main conceptual framework for discussion. It is jointly organised by the OECD and CAF-Development Bank of Latin America.
OECD/IDB Latin American and Caribbean Competition Forum (LACCF)
The OECD/IDB Latin American and Caribbean Competition Forum (LACCF) was established in 2003 with the purpose of fostering peer to peer learning, international co-operation between competition authorities, and facilitating the dissemination of OECD standards and best practices. By working with the OECD, and through the LACCF’s linkages to the OECD Competition Committee and the Global Forum on Competition, LAC countries contribute to the OECD’s competition knowledge and the development/revision of standards and guidelines.
OECD-Latin American Anti-Corruption Initiative
The OECD-Latin America Anti-Corruption Initiative, established in 2007, aims to promote and strengthen the implementation of the OECD Anti-Bribery Convention. The Initiative brings together representatives from government agencies, non-government organisations, and the private sector to compare experiences, share best practices and discuss challenges in the fight against bribery. A growing number of Latin American countries also participate in the OECD Working Group on Bribery (Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru).
Looking forward, the LAAC intends to increase enforcement of anti-corruption legislation in the region by developing expertise and capacity through training and knowledge-sharing. The inaugural meeting of the LAC Law Enforcement Network (LAC LEN) was held in October 2018. The LAC LEN was established in 2018 to promote the exchange of experiences and good practices between the different jurisdictions of the region to equip anti-corruption law enforcement officials with the tools and knowledge necessary to effectively investigate and prosecute transnational corruption cases.
OECD-IDB LAC Public Integrity Network
The OECD-IDB Network for Integrity in LAC, launched in 2017, shapes the policy debate and enables the exchange of good practices and lessons learned from policy implementation at the national, regional, and international level. Since its creation in 2017, the Network has held annual meetings in the region, including back-to-back with the 3rd High Level Meeting of the OECD LAC Regional Programme on “Integrity for Good Governance in LAC”.
LAC Regional Senior Budget Officials Network (LAC SBO)
The LAC Senior Budget Officials Network (LAC SBO) was launched in 2003 with the goal of creating a forum where budget directors from Latin America and the Caribbean can discuss common problems, challenges, and share experiences. The Network is jointly managed with the IDB, and its work includes:
- The implementation of the 2019 OECD Budget Practices and Procedures Survey in the LAC region;
- Annual dialogue between LAC budget directors and other budget officials – each year, the Network holds a meeting in the LAC region;
- Country policy reviews, such as Budgetary Governance Country Reviews of Chile, Uruguay, Argentina and Oaxaca, Mexico, and a Performance Budget Review of Chile.
This analytical work has fostered policy dialogue beyond the annual LAC-SBO meetings, promoting country-to-country engagement. The work of the network has also supported budgetary practices at the subnational level with the first budget review of a subnational government carried in the State of Oaxaca, Mexico.
Network of Health Systems for Latin America
The OECD Joint Network of Health and Budget Officials on the Fiscal Sustainability of Health Systems created a LAC regional network in 2016 as an initiative to join efforts with other key international partners (World Health Organization, Pan American Health Organization, the Global Fund, and the IDB) to strengthen engagement between national health and budgetary officials in the LAC region. In July 2016 the OECD held the First Health Systems Joint Network meeting for LAC to discuss challenges in budgeting for health, as well as identify effective policies to ensure the financial sustainability of health systems, and subsequent meetings have discussed outputs such as the OECD-IDB working paper Health systems characteristics: a survey of 21 LAC countries.
LAC Network on Regulatory Improvement
The LAC Network on Regulatory Improvement held its first meeting in 2015 - it serves to complement country-specific work that the OECD is undertaking with various LAC countries, by promoting dialogue on regulatory policy among public policy experts from the region. The Network offers a forum for countries in the region and OECD countries to exchange good practices and lessons learned on how to make regulations support growth, innovation, and the achievement of social objectives.
LAC Network on Open and Innovative Government
The LAC Network on Open and Innovative Government, launched in 2015, offers LAC countries the opportunity to engage in policy dialogue, knowledge transfer, and exchange of good practices with OECD countries. The Network was created in response to strong demand from LAC countries for OECD support for the implementation of their open government reform agendas. At their 2018 meeting in Brazil, Network members signed the “Brasilia Declaration”, committing to continue promoting policy dialogue and exchange of good practices among countries and with civil society, subnational governments and international organisations.
OECD/INFE LAC Regional Network for Financial Education
An OECD/INFE LAC Regional Network was created in 2017 to support LAC members of the OECD/INFE in designing and implementing their financial education policies and programmes. The Network meets once a year on the margins of the annual meeting of the OECD/CVM Centre on Financial Education and Literacy in LAC, which is housed at the Securities and Exchange Commission of Brazil (CVM) headquarters in Rio de Janeiro, Brazil.
Responsible Business Conduct in LAC (RBC-LAC)
The European Union is funding a new OECD project on Responsible Business Conduct in LAC, which aims to promote smart, sustainable and inclusive growth in the EU and Latin America and Caribbean by supporting the adoption of responsible business conduct (RBC) practices in line with the International Labour Organization (ILO), the United Nations Office of the High Commissioner for Human Rights (OHCHR) and OECD instruments. The RBC-LAC Project supports governments, businesses and stakeholders in their efforts to promote and uphold responsible business conduct in line with international standards, through a mix of regional and country-specific activities in Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, Mexico, Panama and Peru.