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Small businesses continue to face finance constraints despite economic recovery

Financing conditions for small and medium-sized enterprises (SMEs) remain a pressing concern in many countries, according to a new OECD report.




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Global value chains offer opportunities for growth, jobs and development, but more must be done so all countries and firms can participate equally, according to a new OECD-WTO-World Bank Group report

Global Value Chains (GVCs) are a dominant feature of the world economy that impact growth, jobs and development, but numerous challenges remain to ensure that all countries and all firms have the opportunity to participate and benefit.




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Developments in Steelmaking Capacity of Non-OECD Economies

This publication reports on trends in the steelmaking capacity of economies that are not members of the OECD. It examines existing capacity and investments that will lead to changes by 2014, with detailed tables on equipment, starting dates of planned projects, and works ownership.




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Joint OECD-NBER Conference on Productivity Growth and Innovation in the Long Run

Despite large and growing investments in knowledge and innovation, productivity growth in many countries has slowed in recent years. At the same time, the urgent need for more rapid innovation (including its uptake and diffusion) in several key areas, such as in environment. This joint OECD-NBER workshop on 25-26 September 2014 will bring together academic experts to consider these challenges.




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Renewable Energy Policies and Cross-border Investment: Evidence from Mergers & Acquisitions in Solar and Wind Energy

The study assesses the role of feed-in tariffs (FITs) and renewable energy certificates (RECs) in creating incentives for cross-border investments and for investments in particular technological portfolios via M&A. The analysis explores the dataset on M&As in alternative energy sources worldwide over 2005-2011.




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OECD Studies on SMEs and Entrepreneurship: Italy - Key Issues and Policies

This review underlines some important points of strength with respect to Italian SMEs and entrepreneurship, notably for medium-sized firms that very often excel in their market niches, have a strong propensity to business collaboration, as well as favourable access to finance.




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OECD Steel Committee says excess capacity and trade friction risks cloud industry outlook

Excess capacity in steel as growth in investment projects outpaces demand will pose risks for the sector for the foreseeable future, according to industry and government officials at the OECD’s Steel Committee meeting in Cape Town on 12 December 2014. The risk of trade conflicts in the industry also appears to have increased of late, they said, and Committee members discussed options for closer co-operation to try and prevent disputes.




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Excess Capacity in the Global Steel Industry and the Implications of New Investment Projects

This paper examines the extent, reasons and impacts of excess capacity in the global steel industry, as well as the implications of new investment projects that continue to take place at a rapid pace in many parts of the world. By focusing on new investment projects, this study intends to help governments and industry better understand the extent to which global steelmaking excess capacity may evolve in the future.




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OECD Integrity Forum 2015

Integrity Week is an annual event organised by the OECD and its CleanGovBiz Initiative to actively support governments and organisations in their efforts to strengthen integrity, build trust, and fight corruption.




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Social Impact Bonds: Promises and Pitfalls - Expert Seminar

This expert seminar aims to get a better understanding of the features, limitations and preliminary findings from the use of SIBs, and to a lesser extent, of DIBs in developing countries from a multidimensional and multi-stakeholder perspective.




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The opportunities and challenges of greener growth: Getting the whole policy package right

Climate change and, more generally, environmental damage have quantifiable economic and health costs, which weigh on long-term growth and well-being. If left unchecked, climate change is projected to decrease global GDP by 0.7 to 2.5 % by 2060. At the same time, the costs to society of air pollution already appear substantial–equivalent to some 4% of GDP across OECD countries and even higher in some rapidly developing economies.




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SMEs and entrepreneurs need to diversify their funding amid continued credit constraints

Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports.




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The OECD's approach to capital flow management measures used with a macro-prudential intent

This report responds to a request from the G20 that the IMF and OECD assess whether further work is needed on their respective approaches to measures which are both macro-prudential and capital flow measures, taking into account their individual mandates. The report was transmitted to G20 Finance Ministers and Central Bank Governors at their meeting on 16-17 April 2015 in Washington D.C.




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OECD Steel Committee says structural challenges must be addressed urgently amid new era of low steel demand growth and rising exports

Chairman's statement of the OECD Steel Committee's 78th session, Paris, 11-12 May 2015.




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Asia-Pacific conference on aligning corporate sustainability with sustainable development goals

With a focus on the Asia-Pacific region, this conference addressed what the Sustainable Development Goals will mean for business and how business sustainability strategies can be aligned to support their implementation.




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Citizen entrepreneurship: Creating space for a more collaborative economy

Social entrepreneurs and governments speak different languages. However, understanding each other is essential to achieve quality of life through the businesses we start, grow and scale.




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Identifying and inducing breakthrough inventions - An application related to climate change mitigation

Most of the projections of the cost of meeting climate change mitigation targets hinge crucially upon assumptions made about the cost and timing of the development of breakthrough technologies. This paper seeks to uncover attributes of inventions – as reflected in patent data – which serve as "leading indicators" of subsequent technological and market development in climate change mitigation technologies.




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Global dialogue on the future of productivity: Towards an OECD productivity network

Luis Videgaray, Mexico’s Minister of Finance and Angel Gurría, OECD Secretary-General will co-host this event in Mexico City on 6-7 July 2015, with a welcoming by the President of Mexico. Participants will share their views on the key factors that will influence future productivity growth and the creation of an OECD Productivity Network.




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China signs cooperation agreements with OECD and joins OECD Development Centre

In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.




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Relaunch productivity to boost growth and well-being

The slowdown in productivity over the past decade has added to concerns about the long-term economic outlook. But new OECD research shows that policy reforms can revive the diffusion of innovation and make better use of human talent to clear the path for higher and more inclusive productivity growth.




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Policy Framework for Investment - Pocket Edition 2015

The Policy Framework for Investment (PFI) is a comprehensive and systematic tool for improving investment conditions. The pocket edition of the PFI contains the full text of the 2015 update minus the supplemental questions and reference lists. Find the integral text and other tools online at www.oecd.org/investment/pfi.htm




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Call for initiatives and policies for social enterprises

We are looking for national and sub-national policies and initiatives for social enterprise creation and development. The focus will be placed on initiatives funded by the European Social Fund, by other EU funds and programmes, by Member States and sub-national authorities and NOT on examples of successful social enterprises.




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L'OCSE e il Governo Italiano intensificano la collaborazione su occupazione e sviluppo locale

L'Organizzazione per la Cooperazione e lo Sviluppo Economico (OCSE) e il Governo Italiano hanno intensificato la collaborazione per garantire un'efficace attuazione delle strategie di sviluppo locale per promuovere l'occupazione, incoraggiare l'imprenditorialità e aumentare l'inclusione sociale.




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OECD Steel Committee says immediate action needed to address challenges of excess capacity

Immediate action is needed to address the challenge of excess global steel capacity, according to industry and government officials at the OECD’s Steel Committee meeting in Paris on 30 November and 1 December 2015.




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Reshoring: Myth or Reality?

The news that companies in OECD economies are increasingly bringing manufacturing activities back home has attracted a lot of attention in recent years. But considerable disagreement exists about how important this trend actually is for economies in particular the number of jobs that reshoring is supposed to bring back.




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Co-operation on approaches to macro-prudential and capital flow management measures: Update by the IMF and the OECD

This update report by the IMF and the OECD was delivered to G20 in February 2016.




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Benefiting from the Next Production Revolution

The more governments and firms understand the implications of new technologies for production, the better placed they will be to prepare for the risks, shape appropriate policies, and reap the benefits.




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Active policies needed for a competitive and sustainable tourism sector

The tourism industry in OECD countries continues to grow strongly despite economic weakness in advanced economies, and outperformed tourism globally in 2014. However, active, innovative and integrated policies are needed to ensure that tourism remains a competitive and sustainable sector, says OECD.




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Outcomes from the High-Level Symposium on Excess Capacity and Structural Adjustment in the Steel Sector

A High-Level Meeting on excess capacity and structural adjustment in the steel sector was convened on 18 April 2016, at the Palais d’Egmont in Brussels, co-organised by the OECD and the Belgian government.




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Local growth and development: An era of new priorities

Not so long ago, “globalisation” was a favourite paradigm in international business. It was a trend that began in the late 1970s and accelerated in the 1980s, when corporate takeovers were the order of the day and multinational companies fixated on maximising short-term profits and boosting share prices. One approach was “global sourcing”, also called outsourcing or offshoring.




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Inclusive business can help solve the sustainability equation

From the early 2000s, sustainability has emerged as a central policy-making consideration as climate change and population growth have heightened concerns about already-stretched natural resources.




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In with the in-crowd

Over the last few years there has been increased interest among start-ups in using Internet-based platforms to crowdsource a wide variety of resources, including funding, labour, design and ideas. Does this approach work?




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All on board to increase productivity for a more inclusive world

For Chile, it is a great honour and opportunity to chair the 2016 OECD Ministerial Council Meeting. It is an opportunity to celebrate Chile’s first five years as a member of the OECD and is yet another demonstration of the increasing relevance of emerging and developing economies, which today account for more than half of world GDP.




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The productivity and equality nexus

Productivity growth has slowed since the crisis and inequality of income and opportunity has been getting worse. Could they be impacting each other?




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It’s up to us all to end child labour

A young boy named Kalu, who had been rescued from a carpet-weaving unit in Bihar, once raised a compelling and very significant question when he met then-President Bill Clinton. In conversation with the President, Kalu politely inquired about his plans and policies with regard to the world’s children and their condition.




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New OECD indicators trace productivity growth slowdown pre- and post- crisis

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.




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The twin challenges of promoting productivity and inclusive growth

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.




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Forging a digital society

Digital innovation is an opportunity—for governments, for business, for the public, and for the way in which they relate to each other.




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New ‘nexus’ approach needed to tackle productivity and inequality challenges, says OECD report

Declining productivity growth and rising inequality are two of the biggest obstacles to improved economic performance, according to a new OECD report.




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Tackling policy fragmentation: the key to getting onto a path of rapid and sustainable productivity growth

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.




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OECD Steel Committee says urgent structural challenges remain unaddressed

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.




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Seminar on open and orderly capital movements

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.




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Boosting competition will help Greece’s consumers and businesses

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.




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Mayors can play a key role in making inclusive growth a reality

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.




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OECD Steel Committee says persistently high excess capacity threatens recovery

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.




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Responsible business conduct for institutional investors: Key considerations for due diligence under the OECD Guidelines for Multinational Enterprises

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.




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Lending volumes and credit conditions are improving for SMEs, but many firms continue to struggle to obtain financing that meets their needs

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.




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Improving adult skills can help countries benefit from globalisation

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.




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Continued slowdown in productivity growth weighs down on living standards

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.




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Open and Orderly Capital Movements: Interventions from the 2016 OECD High-Level Seminar

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.