business and finance New OECD indicators trace productivity growth slowdown pre- and post- crisis By www.oecd.org Published On :: Thu, 26 May 2016 17:10:00 GMT Productivity growth – the central driver of rising economic output and material living standards – has been slowing in many advanced and emerging economies in the wake of the crisis, according to new data released today in the OECD Compendium of Productivity Indicators. Full Article
business and finance The twin challenges of promoting productivity and inclusive growth By www.oecd.org Published On :: Mon, 30 May 2016 17:30:00 GMT Advanced economies remain in the doldrums. People’s incomes are rising at a very low pace, especially in the lower half of the distribution. Two global trends–the slowdown in productivity and the rise in inequality–reflect the state of policy, and point to the challenges policymakers face to change prospects for their citizens and the global economy. Full Article
business and finance Forging a digital society By www.oecd.org Published On :: Mon, 30 May 2016 17:41:00 GMT Digital innovation is an opportunity—for governments, for business, for the public, and for the way in which they relate to each other. Full Article
business and finance How to implement Social Impact Bonds (SIB) in Poland? By www.oecd.org Published On :: Tue, 31 May 2016 12:13:00 GMT The purpose of the seminar is to provide the practical information about how to implement SIBs in Poland using international experiences. The seminar is addressed to the potential applicants interested in the implementation of SIB within the call for proposals planned to be launched by the Ministry of Economic Development. Full Article
business and finance New ‘nexus’ approach needed to tackle productivity and inequality challenges, says OECD report By www.oecd.org Published On :: Tue, 31 May 2016 18:45:00 GMT Declining productivity growth and rising inequality are two of the biggest obstacles to improved economic performance, according to a new OECD report. Full Article
business and finance OECD Action Plan on the Sustainable Development Goals By www.oecd.org Published On :: Thu, 02 Jun 2016 14:59:00 GMT Sound public policies grounded in evidence – and implemented effectively – will be crucial for the achievement of the 2030 Agenda for Sustainable Development. This document outlines four broad areas for future action for the OECD, highlighting what it could do more of – or do differently – to support the achievement of the Sustainable Development Goals. C/MIN(2016)6. Full Article
business and finance International Economic Forum on Latin America and the Caribbean By www.oecd.org Published On :: Fri, 03 Jun 2016 15:06:00 GMT The theme of the 2016 Forum taking place in Paris on 3 June is "New Challenges and Innovative Partnerships in a Shifting World". Key issues on the agenda include redefining partnerships to support inclusive and sustainable growth, and innovative policies to increase productivity and tackle inequalities. Full Article
business and finance OECD Report to G7 Leaders on Responsible Business Conduct By www.oecd.org Published On :: Tue, 07 Jun 2016 11:00:00 GMT This note describes work undertaken by the OECD to support the implementation of the 2015 G7 Leaders’ Declaration in the area of responsible business conduct. Four areas of action are covered: outreach on responsible business conduct (RBC) standards to other countries; development of guidance for supply chain due diligence; monitoring of multi-stakeholder initiatives; and strengthening National Contact Points. Full Article
business and finance Tackling policy fragmentation: the key to getting onto a path of rapid and sustainable productivity growth By www.oecd.org Published On :: Thu, 09 Jun 2016 11:32:00 GMT Further structural reforms are needed to help the business sector boost productivity growth and overcome the key challenges of sluggish investment in advanced economies and excess capacity in emerging economies, according to a new OECD report. Full Article
business and finance Inclusive Entrepreneurship Policy By www.oecd.org Published On :: Wed, 15 Jun 2016 16:58:00 GMT A three-year programme of co-operation between the European Commission and LEED on self-employment and entrepreneurship in Europe. Full Article
business and finance 15 years of the National Contact Points By www.oecd.org Published On :: Tue, 21 Jun 2016 15:03:00 GMT Fifteen years after the creation of National Contact Points as a means to improve the implementation of the Guidelines, the OECD has conducted an analysis of the functioning and performance of the National Contact Points. Full Article
business and finance G20 agrees Guiding Principles for Global Investment Policymaking By www.oecd.org Published On :: Mon, 11 Jul 2016 10:27:00 GMT Shanghai, 9-10 July 2016: G20 Trade Ministers reinforced their "determination to promote inclusive, robust and sustainable trade and investment growth" with the adoption of the G20 Guiding Principles for Global Investment Policymaking. Full Article
business and finance The Policy Framework for Investment (PFI) By www.oecd.org Published On :: Wed, 13 Jul 2016 23:01:00 GMT The Policy Framework for Investment (PFI) is a non-prescriptive tool for improving investment policy for development. It helps governments to design and implement policy reforms to create a truly attractive, robust and competitive environment for domestic and foreign investment. Full Article
business and finance Annual Report on the OECD Guidelines for Multinational Enterprises 2015 By www.oecd.org Published On :: Thu, 21 Jul 2016 10:42:00 GMT This report covers the activities undertaken to promote the effective implementation of the OECD Guidelines for Multinational Enterprises by governments and National Contact Points from July 2014 to December 2015. Full Article
business and finance OECD Steel Committee says urgent structural challenges remain unaddressed By www.oecd.org Published On :: Fri, 09 Sep 2016 17:15:00 GMT The global steel industry continues to face difficult conditions due to excess capacity, weak global demand and growing trade tensions, the OECD Steel Committee said after meeting this week. While global steel trade remains relatively robust, there has been a sharp increase in steel trade actions by governments, it said, noting that trade actions should respect international obligations. Full Article
business and finance Roundtable on the OECD Guidelines for Multinational Enterprises and the Law By www.oecd.org Published On :: Sat, 17 Sep 2016 18:40:00 GMT 17 September 2016, Washington DC - This event brought together legal practitioners and experts to focus on how international standards on responsible business conduct are impacting legal practice as well as how legal tools can be used to strengthen ethical business practices throughout global supply chains. Full Article
business and finance Green shoots of recovery in entrepreneurship beginning to appear By www.oecd.org Published On :: Wed, 28 Sep 2016 14:00:00 GMT The post-crisis recovery in entrepreneurial activity remains mixed across countries, but new data released today by the OECD provides tentative signs of a turning point, with trends in enterprise creation rates pointing upwards in most economies. Full Article
business and finance OECD launches business survey on tax certainty to support G20 tax agenda By www.oecd.org Published On :: Tue, 18 Oct 2016 15:00:00 GMT The OECD received a strong endorsement from both the G20 Leaders and Finance Ministers to work on solutions to support certainty in the tax system with the aim to promote investment, trade and balanced growth. As part of a wider project, the OECD launches a Business Survey to invite businesses and other stakeholders to contribute their views on tax certainty. Full Article
business and finance Seminar on open and orderly capital movements By www.oecd.org Published On :: Tue, 25 Oct 2016 18:01:00 GMT Co-organised by the OECD and the German Federal Ministry of Finance, the seminar focused on the policy implications of the increasingly interconnected global financial and economic system and the need for an open and orderly regime for capital flows in the context of the review of the OECD Code of Liberalisation of Capital Movements. Full Article
business and finance Empowering the 40% of young Latin Americans not in formal jobs, education or training could spark new growth engines, says latest Latin American Economic Outlook By www.oecd.org Published On :: Fri, 28 Oct 2016 18:35:00 GMT Latin America and the Caribbean’s (LAC) GDP will shrink by between 0.9% and 1% in 2016, according to the latest estimates, the second consecutive year of negative growth and a rate of contraction the region has not seen since the early 1980s. According to the Latin American Economic Outlook 2017, the region should recover in 2017, but with modest GDP growth of between 1.5% and 2%, below expected growth in advanced economies. Full Article
business and finance Boosting competition will help Greece’s consumers and businesses By www.oecd.org Published On :: Mon, 07 Nov 2016 10:00:00 GMT Lifting many of the regulations stifling business competition in Greece would benefit both consumers, through lower prices, and firms, via higher turnover, according to the OECD. Full Article
business and finance Mayors can play a key role in making inclusive growth a reality By www.oecd.org Published On :: Mon, 21 Nov 2016 14:28:00 GMT Mayors and local leaders from around the world launched today a plan of action to help tackle inequality, boost job creation and harness economic development. Full Article
business and finance Lower public R&D spending and protectionist risks may pose a threat to innovation By www.oecd.org Published On :: Thu, 08 Dec 2016 09:00:00 GMT A decline in government funding of science and technology research in a number of countries could pose a threat to innovation at a time when global challenges like climate change and ageing populations demand solutions, according to a new OECD report. Full Article
business and finance Roundtable on 40 years of the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Mon, 19 Dec 2016 12:04:00 GMT 19 December 2016, Paris: On the occasion of the 40th anniversary of the OECD Guidelines for Multinational Enterprises, this roundtable convened a wide range of stakeholders from international organisations, governments, business, civil society, and academia involved in working with the Guidelines. Full Article
business and finance New approach needed to tackle rising drug prices By www.oecd.org Published On :: Mon, 16 Jan 2017 11:00:00 GMT The proliferation of high-cost medicines and rising drug prices are increasing pressures on public health spending and calling into question the pharmaceutical industry’s pricing strategies. Full Article
business and finance New OECD due diligence guidance targets the garment and footwear sector By www.oecd.org Published On :: Wed, 08 Feb 2017 09:13:00 GMT 8/2/2017 - The OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector will help enterprises to identify and prevent potential negative impacts related to human rights, labour, the environment and corruption in garment and footwear supply chains worldwide. Full Article
business and finance OECD Steel Committee says persistently high excess capacity threatens recovery By www.oecd.org Published On :: Fri, 24 Mar 2017 14:46:00 GMT There are signs of a modest return to growth in global steel demand and production and a price recovery from the lows of 2015, yet these trends could turn out to be temporary, the OECD Steel Committee said after meeting this week. Considerable structural imbalances remain unaddressed in the steel sector, it said, reiterating the urgency of tackling persistently high excess capacity. Full Article
business and finance Ukraine signs OECD agreement to strengthen investment climate By www.oecd.org Published On :: Mon, 27 Mar 2017 17:31:00 GMT 27/03/2017 - Ukraine has become the 47th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. The Declaration commits Ukraine to provide an open and transparent environment for international investment and to encourage the positive contribution foreign investment can make to economic and social progress. Full Article
business and finance One in five mobile phones shipped abroad is fake By www.oecd.org Published On :: Tue, 28 Mar 2017 16:00:00 GMT Nearly one in five mobile phones and one in four video game consoles shipped internationally is fake, as a growing trade in counterfeit IT and communications hardware weighs on consumers, manufacturers and public finances, according to a new OECD report. Full Article
business and finance Responsible business conduct for institutional investors: Key considerations for due diligence under the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Tue, 28 Mar 2017 23:08:00 GMT Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios. Full Article
business and finance Anti-Corruption Strategies for Small and Medium-sized Enterprises By www.oecd.org Published On :: Tue, 18 Apr 2017 16:23:00 GMT Organised by GOV, CFE participated in the 2017 OECD Global Anti-corruption & Integrity Forum 30-31 march 2017. The session Anti-Corruption Strategies for Small and Medium-sized Enterprises. Full Article
business and finance Lending volumes and credit conditions are improving for SMEs, but many firms continue to struggle to obtain financing that meets their needs By www.oecd.org Published On :: Fri, 21 Apr 2017 14:30:00 GMT Lending volumes and credit conditions for small and medium-sized enterprises (SMEs) have gradually improved, according to a new report from the OECD, but demand-side obstacles such as a lack of financial knowledge are contributing to holding back a stronger recovery. Full Article
business and finance FDI in Figures, April 2017 By www.oecd.org Published On :: Thu, 27 Apr 2017 09:27:00 GMT Global FDI flows decreased by 7% in 2016, despite recovering well in the second half of the year following a weak second quarter, according to the latest issue of FDI in Figures. Flows remained below their pre-crisis peak, representing 2.2% of global GDP compared to 3.6% in 2007. Full Article
business and finance Investment governance and the integration of environmental, social and governance factors By www.oecd.org Published On :: Tue, 02 May 2017 16:37:00 GMT This paper presents the findings of an international stocktaking of the regulatory frameworks that apply to institutional investment in different jurisdictions and how these frameworks are interpreted by institutional investors in terms of their ability or responsibility to integrate environmental, social and governance (ESG) factors in their governance processes. Full Article
business and finance Child labour risks in the minerals supply chain By www.oecd.org Published On :: Tue, 02 May 2017 17:56:00 GMT Practical actions for companies to identify and address the worst forms of child labour in mineral supply chains is for use by companies to help them identify, mitigate and account for the risks of child labour in their mineral supply chains. It builds on the due diligence framework of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. Full Article
business and finance Improving adult skills can help countries benefit from globalisation By www.oecd.org Published On :: Thu, 04 May 2017 11:00:00 GMT In an increasingly competitive international environment, providing workers with the right mix of skills can help ensure that globalisation translates into new jobs and productivity gains rather than negative economic and social outcomes, according to a new OECD report. Full Article
business and finance US manufacturing decline and the rise of new production innovation paradigms By www.oecd.org Published On :: Fri, 05 May 2017 14:15:00 GMT Between 2000 and 2010, US manufacturing experienced a nightmare. The number of manufacturing jobs in the United States, which had been relatively stable at 17 million since 1965, declined by one third in that decade, falling by 5.8 million to below 12 million in 2010 (returning to just 12.3 million in 2016). Certainly, the 2007–08 recession accelerated the disruption, but the causes were also structural, not simply financial. Full Article
business and finance New technology still underused by businesses By www.oecd.org Published On :: Wed, 10 May 2017 12:51:00 GMT Businesses need to step up the adoption of cutting-edge technologies, materials and processes if countries are to reap their full potential in terms of productivity gains, according to a new OECD report. Full Article
business and finance Continued slowdown in productivity growth weighs down on living standards By www.oecd.org Published On :: Thu, 18 May 2017 11:00:00 GMT The slowdown in productivity growth - already underway before the crisis – combined with sluggish investment, continued to undermine rises in economic output and material living standards in recent years in many of the world’s economies, according to a new report released today by the OECD. Full Article
business and finance OECD Business and Finance Scoreboard By www.oecd.org Published On :: Tue, 30 May 2017 09:22:00 GMT The OECD Business and Finance Scoreboard accompanies the OECD Business and Finance Outlook by providing a commented overview of selected indicators and data related to corporate performance, banking, capital markets, pensions and investments. Full Article
business and finance Can better international co-operation help build a fairer global economy? By www.oecd.org Published On :: Tue, 30 May 2017 14:12:00 GMT Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy. Full Article
business and finance Increased international co-operation on financial and corporate issues essential to making globalisation work for all By www.oecd.org Published On :: Tue, 30 May 2017 15:17:00 GMT Globalisation has failed to create a level playing field in trade, investment and corporate behaviour, being one of the factors contributing to a backlash against openness in many countries and a decline in confidence in government institutions. Full Article
business and finance Business brief: Bomare: An innovative player By www.oecd.org Published On :: Fri, 02 Jun 2017 14:21:00 GMT Bomare Company was founded in 2001. Its current capital is DA 620 million (US$5.6 million) and its production covers two major fields: the manufacture of electronic and telephone apparatus (televisions, smartphones, tablets, satellite receivers and professional display screens) under our own brand Stream System and international brands, and subcontracting for the automobile, aeronautics and renewable energy industries. Full Article
business and finance For business and globalisation, people hold the key By www.oecd.org Published On :: Wed, 07 Jun 2017 10:49:00 GMT Making globalisation work, the theme for the OECD’s annual Ministerial Council Meeting 7-8 June, is more than the culmination of one of the most debated issues today. It is also a pertinent topic for the OECD in its quest to better integrate policies that deliver growth and the participation of people behind it. Full Article
business and finance Open and Orderly Capital Movements: Interventions from the 2016 OECD High-Level Seminar By www.oecd.org Published On :: Mon, 10 Jul 2017 15:17:00 GMT This collection compiles the contributions of senior policy experts, academics, and economic practitioners on developments in the financial integration and financial regulation of cross-border capital flows since the 2008 global financial crisis at the OECD High-Level Seminar “Open and Orderly Capital Movements” held in October 2016. Full Article
business and finance The government role in mobilising investment and innovation in renewable energy By www.oecd.org Published On :: Tue, 01 Aug 2017 18:29:00 GMT Successfully attracting investment and innovation in renewable energy requires not only core climate policies, such as pricing carbon, but also a focus on the broader investment environment. Based on new research from the OECD, this article reviews some of the main factors holding back investment and innovation in renewable energy and looks at what governments can do to take action. Full Article
business and finance OECD data show pick-up in entrepreneurial activity By www.oecd.org Published On :: Thu, 28 Sep 2017 16:43:00 GMT Entrepreneurial activity appears to be recovering from the crisis as new data show that the number of new businesses created has been rising in most OECD countries. Full Article
business and finance OECD Steel Committee sees tentative and vulnerable recovery amid excess capacity and market distortions By www.oecd.org Published On :: Fri, 29 Sep 2017 16:54:00 GMT A modest recovery is under way in the global steel market but structural imbalances remain acute amid sluggish demand growth expected in the long-term demand, the OECD Steel Committee said at the end of its meeting this week. Full Article
business and finance High-Level Meeting on Tourism Policies for Sustainable and Inclusive Growth By www.oecd.org Published On :: Mon, 02 Oct 2017 16:29:00 GMT Paris, 2-3 October 2017: The meeting will bring together Ministers, high level policy makers and industry leaders to discuss ways to deliver more sustainable and inclusive tourism growth. Held to mark the occasion of the 100th meeting of the OECD Tourism Committee, the high-level meeting will facilitate an open discussion between countries on the long-term strategic objectives for tourism development. Full Article
business and finance Rethink tourism policy for sustainable and socially inclusive growth, says OECD as ministers meet By www.oecd.org Published On :: Tue, 03 Oct 2017 11:39:00 GMT Governments need to rethink their tourism policies to encourage more diversity, reduce concentration in high-density destinations and put in place long-term strategies that are ecologically sustainable and socially inclusive, according to the OECD. Full Article