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Public consultation on updating the Policy Framework for Investment

This public consultation was held to gather interested stakeholders' comments on the draft chapters of the Policy Framework for Investment currently being updated. The consultation ran until 31 December 2014.




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OECD maps location of skilled U.S. workers and the employers who seek them

U.S. employers are demanding skilled workforces, but are not always able to find a local supply, says a new OECD study looking at Job Creation and Local Economic Development.




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OECD/South Africa workshop on Steelmaking Raw Materials

Steel is one of the most widely produced industrial products in the world, and the sector depends heavily on a range of raw materials for its production. The aim of this workshop was to better understand the impacts of trade-restrictive raw material policies on the global steel industry and to explore policy approaches that would improve the longer-term efficiency and functioning of these markets.




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Peer Review of the Korean Shipbuilding Industry and Related Government Policies

The Korean shipbuilding industry is one of the top global players, leading by value and second only to China by volume. However, the global economic crisis has dented its finances and it now faces serious challenges to set itself back on a solid footing.




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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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2nd Online public consultation on updating the Policy Framework for Investment

This online public consultation was held to gather interested stakeholders' comments on the draft Policy Framework for Investment currently being updated. The consultation ran until 25 February 2015.




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Colombia: Supporting the development of local innovation systems – Policy review

The project provided recommendations to the city of Medellin and Antioquia to support the development of the local economy and includes a focus on how the innovative environment can be strengthened to support inclusion, entrepreneurship, SME, and local developmentto and how to better coordinate and integrate its policies with the national level.




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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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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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OECD Ministers launch new framework to boost sustainable investment

OECD Ministers have endorsed updated guidelines to help national governments and regional groups create the right conditions to attract domestic and foreign investment.




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OECD Ministers reinforce importance of investment for strong, green and inclusive growth

The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.




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Low interest rates threaten solvency of pension funds and insurers

The current low interest rate environment poses a significant risk for the long-term financial viability of pension funds and insurance companies, as they seek to generate sufficient returns to meet promises, according to a new OECD report.




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The Use of Patent Statistics for International Comparisons and Analysis of Narrow Technological Fields

Patent data provide an increasingly used means to analyse innovation performance worldwide including in countries with incomplete data coverage, such as some developing countries. This paper discusses the specific issues associated with using patent data for measuring and analysing innovation in narrow technological fields, such as many environment-related 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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Business start-up rates continue to recover but remain relatively weak in Euro area

Business start-up rates in OECD countries have generally risen since the crisis - particularly in Australia and the United Kingdom - but they remain below pre-2008 levels in many Euro area economies.




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Implementing new international standards for compiling FDI statistics

In 2014, many countries implemented the latest international guidelines for compiling FDI statistics. The new standards have resulted in significant changes in FDI statistics, including new measures of FDI at the global level.




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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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Workshop in Ukraine on responsible business conduct

The purpose of this workshop was to share information with the Ukrainian authorities about the obligations of governments under the OECD Declaration on International Investment and Multinational Enterprises related to the OECD Guidelines for Multinational Enterprises, one of four instruments of the Declaration.




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Women taking risks: closing the gender gap in entrepreneurship

Women entrepreneurship is increasingly recognised as a key source of employment creation and innovation, and for addressing inequalities.




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Korea leading in technologies that have potential for future growth, says OECD

Thanks to robust skills and investment in R&D, Korea is leading in the development of frontier technologies with potential to transform production processes, stimulate the entry of new firms, and the launch of ground-breaking products and applications, according to a new OECD report.




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OECD Technical Workshop on Foreign Direct Investment and Global Value Chains

The workshop will discuss the first results of the OECD Secretariat’s work on integrating FDI statistics into the analysis of Global Value Chains (OECD-WTO Trade in Value Added Initiative) to better account for foreign ownership.




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2015 International Workshop on Responsible Mineral Supply Chains

This meeting will provide the opportunity to discuss the role of governments, international partners and businesses in promoting responsible mineral supply chains from conflict-affected and high-risk areas. Participants will learn first hand about international standards and approaches, and be able to ask questions to experts in supply chain due diligence implementation.




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Green Growth and Sustainable Development Forum 2015 - Enabling the next industrial revolution: Systems innovation for green growth

Achieving green growth requires ambitious transition management policies in key sectors such as energy, transport, water and agriculture. Provided that the pace of innovation in a number of these key areas is growing faster than ever before, the Forum examined how to foster the "next industrial revolution" by harnessing the potential of systems innovation policies to support green growth.




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Learning from Firms in East Asian Production Networks - Insights Blog

Slowing growth in the Peoples Republic of China (PRC) is grabbing the headlines with some suggesting a third wave of the 2008 global financial crisis. While this topic deserves attention because of its global economic implications, there is insufficient analysis of firms in global production networks (GPNs), which were at the forefront of the economic transformation in PRC and the rest of East Asia, and lessons for latecomers to GPNs.




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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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Peer Review of the Japanese Shipbuilding Industry

Data from the Japanese government suggest there are currently over 1 000 shipyards in Japan. Some of these yards are privately owned individual enterprises, while others form part of larger private or public companies that operate multiple yards. Japan’s shipbuilders exist within a wider maritime cluster that provides crucial upstream and downstream products and services.




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Conference on investment treaties: The quest for balance between investor protection and governments’ right to regulate

Paris, 14 March 2016: Organised by the OECD-hosted Freedom of Investment Round-table, this conference will explore how governments are balancing investor protection and how to improve balance through new institutions.




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Global trade in fake goods worth nearly half a trillion dollars a year - OECD & EUIPO

Imports of counterfeit and pirated goods are worth nearly half a trillion dollars a year, or around 2.5% of global imports, with US, Italian and French brands the hardest hit and many of the proceeds going to organised crime, according to a new report by the OECD and the EU’s Intellectual Property Office.




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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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Report on Due diligence in Colombia's Gold Supply Chain: Overview

This report is the first of a series of assessments on Colombian gold supply chains and aims to develop an initial approach and analysis for how risks outlined in Annex II of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas are relevant in the Colombian context.




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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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A new boost to transparency in international tax matters: 6 new countries sign agreement enabling automatic sharing of country-by-country reporting

As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Canada, Iceland, India, Israel, New Zealand and the People’s Republic of China signed today the Multilateral Competent Authority agreement for the automatic exchange of Country-by-Country reports (“CbC MCAA”), bringing the total number of signatories to 39 countries. The signing ceremony took place in Beijing, China.




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The economic empowerment of women for more productive and inclusive societies

This year’s OECD Ministerial Council Meeting (MCM), chaired by Chile, is devoted to productivity. Ministers will discuss what governments, firms and individuals can do to improve productivity with the aim of fostering inclusive growth.




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Towards a more productive, inclusive world

Despite nearly a decade of policy efforts, the global economy remains in the repair shop. The legacies of the crisis are still very much present: weak growth, persistently high unemployment in several countries, faltering trade and investment and a profound loss of public confidence and trust. Any prospect of a strong upturn in advanced or emerging economies has dimmed in the past year.




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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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How to implement Social Impact Bonds (SIB) in Poland?

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.




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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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The Policy Framework for Investment (PFI)

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.




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Roundtable on the OECD Guidelines for Multinational Enterprises and the Law

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.




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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

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.




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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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Lower public R&D spending and protectionist risks may pose a threat to innovation

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.