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High-Level Meeting on Tourism Policies for Sustainable and Inclusive Growth

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.




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Rethink tourism policy for sustainable and socially inclusive growth, says OECD as ministers meet

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.




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OECD Workshop on corporate disclosure and responsible business conduct

7 December 2017, Paris - This workshop addressed the growing demand for transparency and information on how companies deal with human rights, environmental, social and other "non-financial" issues with a particular focus on how companies are identifying and addressing impacts in their supply chains.




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China and the OECD partner to promote responsible business in global textile and apparel supply chains

30/01/2018 - The China National Textile and Apparel Council (CNTAC) and the OECD today signed a Memorandum of Understanding (MoU) that sets out their commitment to intensify co-operation to promote responsible business in global textile and apparel supply chains.




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Due diligence guidance on stakeholder engagement in extractive industries

When companies involve stakeholders, such as local communities, in their decision making, it enables them to identify, and account for the impacts of their activities, and contribute to positive social and economic development. To address the challenges raised when engaging with stakeholders, the OECD is preparing a user guide on how to undertake due diligence in engaging with stakeholders for mining, oil and gas enterprises.




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Small business access to alternative finance increasing as new bank lending declines

Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report.




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Industrial robotics and the global organisation of production

In order to safeguard their competitiveness in an increasingly digitalised global economy, governments across OECD and emerging economies are implementing a range of policy measures/programmes to support investment in and use of robotics. This paper assesses the extent to which robotics impact the organisation of production through offshoring and backshoring.




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OECD highlights serious weaknesses in the fight against illicit trade

Inconsistent penalties, insufficient checks on small parcels, and a lack of information on shipments in free trade zones allow criminal networks to traffic billions of dollars worth of fake and prohibited goods each year. Today, the OECD introduced a new phase in its efforts to help governments counter these enforcement gaps and better protect consumers and businesses.




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Avoid escalation and rely on dialogue to resolve excess capacity in the global steel industry

The OECD Secretary-General Angel Gurría called on the governments of steel-producing economies to address the root causes of today’s steel crisis through multilateral approaches, and in particular through the Global Forum on Steel Excess Capacity.




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Free trade zones are being used to traffic counterfeit goods

Rapid growth in free trade zones – where economic activity is driven by reduced taxes and customs controls, light regulation and limited oversight – is unintentionally fostering growth in counterfeit goods trafficking, according to a new report by the OECD and the EU’s Intellectual Property Office.




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Call for candidates: OECD Working Party on Responsible Business Conduct seeks a new Chair

29/03/2018 - The OECD Working Party on Responsible Business Conduct is seeking candidates for a new Chairs to assist in implementing and promoting the OECD Guidelines for Multinational Enterprises.




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Alignment assessment of industry programmes with the OECD minerals guidance

The OECD Due Diligence Guidance is being used as the basis and benchmark by many industry initiatives created to ensure the responsible sourcing of minerals. This report presents the findings of a pilot alignment assessment of five industry programmes against the recommendations of the OECD Guidance to gauge the coherence, effectiveness and credibility of these initiatives.




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Countries commit to step up efforts to drive more responsible business conduct through new OECD instrument

Ministers from OECD and developing economies have committed to step up their efforts to promote responsible business conduct by companies in order to drive more inclusive and sustainable economic growth.




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Further reforms will promote a more inclusive and resilient Indonesian economy

A steady economic expansion in Indonesia is boosting living standards, curbing poverty and offering millions of people greater access to public services.




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Raw materials use to double by 2060 with severe environmental consequences

The world’s consumption of raw materials is set to nearly double by 2060 as the global economy expands and living standards rise, placing twice the pressure on the environment that we are seeing today, according to a new OECD report.




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OECD, BSR and Danone launch 3-year initiative to strengthen inclusive growth through public-private collaboration

Business and government should work more closely together to reduce inequality and foster inclusive growth. To help achieve this, at the Paris Peace Forum, Gabriela Ramos, OECD Chief of Staff, G7/G20 Sherpa and leader of the OECD’s Inclusive Growth Initiative, and Emmanuel Faber, Chairman & CEO of Danone, launched the Business for Inclusive Growth (B4IG) Platform.




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Responsible business conduct and human rights

70 years after the Universal Declaration of Human Rights, our recognition of the “inherent dignity of all members of the human family as the foundation of freedom, justice and peace in the world” has further strengthened the alignment between responsible business conduct and human rights.




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Science-industry knowledge exchange: A mapping of policy instruments and their interactions

Countries deploy a variety of policy instruments to promote science-industry knowledge exchange. While these instruments are often discussed in isolation, they are implemented collectively and may negatively affect each other or add excessive complexity. This paper develops a conceptual framework to map policy instruments for knowledge exchange and assess interactions.




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Top global firms commit to tackling inequality by joining Business for Inclusive Growth coalition

A group of major international companies has pledged to tackle inequality and promote diversity in their workplaces and supply chains as part of an initiative sponsored by the French Presidency of the G7 and overseen by the OECD.




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Innovation support in the enterprise sector: Industry and SMEs

This paper outlines major policy trends in public support of innovation activities in industry and SMEs across OECD countries. It discusses the policy mix to strengthen business R&D and innovation, and possible avenues to improve this mix in response to evolving needs, driven new trends in technology and other factors.




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FDI Qualities Indicators: Measuring the sustainable development impacts of investment (PDF)

This report presents a new set of indicators that measure the sustainable development impacts of foreign direct investment (FDI) in host countries. The new metrics focus on five clusters derived from the 17 Sustainable Development Goals (SDGs): productivity and innovation; employment and job quality; skills; gender equality; and, the carbon footprint.




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Responsible business conduct in the financial sector

Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. Although the Guidelines’ due diligence recommendations can help financial institutions, the inherent complexities in the sector create challenges. This paper highlights key considerations for institutional investors in carrying out due diligence that will help to identify and respond to environmental and social risks.




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Industrial robotics and product(ion) quality

Governments in OECD and emerging economies are betting heavily on robotics to safeguard the competitiveness of their manufacturing industries. This paper examines the importance of industrial robotics as a driver of production and trade quality.




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From G7 announcement in August to Paris Peace Forum, Business for Inclusive Growth (B4IG) coalition gains momentum

Powered by the OECD, spearheaded by Danone, and driven forward at the G7 Leaders’ Summit in Biarritz in August 2019, B4IG, the ambitious initiative against inequality sponsored by French President Emmanuel Macron, is a coalition of leading multinational enterprises committed to tackling inequalities and promoting inclusive growth: economic growth that is distributed fairly across society and creates opportunities for all.




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Global value chains and the shipbuilding industry

This paper presents new descriptive evidence on value added generation and sourcing patterns of intermediate inputs for ship construction of major shipbuilding economies. The findings reveal that shipbuilding relies heavily on intermediate inputs as around 70-80% of the final output value of ship production is generated through supplier sectors.




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Conference on business responsibilities and investment treaties

Postponed until further notice - The 6th annual OECD Investment Treaty Conference will explore how governments are integrating policies relating to business responsibilities into their trade and investment treaties, and potential policy options.




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OECD Due Diligence Guidance for Responsible Business Conduct

The OECD Guidelines for Multinational Enterprises recommend that enterprises conduct due diligence in order to identify, prevent or mitigate and account for how actual and potential adverse impacts are addressed. This Due Diligence Guidance provides practical support to enterprises by providing plain language explanations of due diligence recommendations and associated provisions.




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2020 Global Forum on Responsible Business Conduct

19 May 2020: The 2020 Global Forum will be held virtually and in two parts. The first part on 19 May 2020 will focus on how governments and businesses can use an responsible business conduct approach to address the COVID-19 crisis and build more resilient supply chains.




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Hungary must stabilise its economy for a durable recovery, OECD says

Swift action is needed to stabilise the Hungarian economy and put growth on a sound footing for a durable recovery, according to the latest Economic Survey of Hungary. Strengthening the credibility and predictability of domestic policies and undertaking much-needed fiscal consolidation will be key.




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Hungarian economy expanding but reforms needed to boost skills, business investment and incomes

The Hungarian economy has expanded strongly in recent years, helped by robust exports and firm domestic demand. But incomes are among the lowest in the OECD and structural reforms will be needed to sustain growth over the medium term, strengthen business investment and better match skills to labour market needs, according to a new OECD report.




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OECD Science, Technology and Industry Scoreboard 2017 - Hungary highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Taxation of household savings: Key findings for Hungary

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.




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Further reforms will promote a stronger and more inclusive Hungarian economy

The Hungarian economy is in the midst of a strong recovery, driven by high levels of employment that are boosting wages, consumer confidence and domestic demand. Policy should aim to prolong the economic expansion, ensure that growth is greener and that the benefits are shared amongst all Hungarians, according to a new report from the OECD.




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Hungary must enforce its foreign bribery offence against companies, including foreign subsidiaries

The Working Group is concerned that Hungary has not commenced any foreign bribery investigations or prosecutions in over nine years since the Phase 3 evaluation of implementation of the OECD Anti-Bribery Convention.




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Taxing Energy Use: Key findings for Hungary

This country note explains how Hungary taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.




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Top global firms commit to tackling inequality by joining Business for Inclusive Growth coalition

A group of major international companies has pledged to tackle inequality and promote diversity in their workplaces and supply chains as part of an initiative sponsored by the French Presidency of the G7 and overseen by the OECD.




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Mr. Angel Gurría, Secretary-General of the OECD, in Biarritz on 25-26 August 2019

Mr. Angel Gurría, Secretary-General of the OECD, will be in Biarritz on 25-26 August 2019 to attend the G7 Leaders’ Summit.




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Taxing Energy Use: Key findings for France

This country note explains how France taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.




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Iceland must balance growth in power and tourism industries with nature conservation, OECD says

Iceland must balance growth in power and tourism industries with nature conservation, OECD says Iceland has one of the world’s most pristine natural environments and its glaciers, volcanoes and hot underground springs bring major economic benefits via renewable energy and tourism.




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Iceland’s Inter-Ministerial Steering Group Must Make Prompt Progress in Fighting Foreign Bribery

The OECD Working Group on Bribery has serious concerns about Iceland’s lack of progress in combatting the bribery of foreign public officials, and to implement the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.




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OECD Science, Technology and Industry Scoreboard 2017 - Iceland highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Taxation of household savings: Key findings for Iceland

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.




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Taxing Energy Use: Key findings for Iceland

This country note explains how Iceland taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.




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Taxing Energy Use: Key findings for Greece

This country note explains how Greece taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.




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Taxing Energy Use: Key findings for Italy

This country note explains how Italy taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.




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Internet traffic exchange: 2 billion users and it’s done on a handshake

Every day one exabyte of data is said to travel over the Internet – enough data to fill 300,000 of the world’s biggest hard disks or 212 million DVDs. And astonishingly, according to a new OECD report on Internet traffic exchange, most of the thousands of networks that exchange this traffic do so without a written contract or formal agreement.




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The Development and Diffusion of Digital Content

Viewers are watching a growing share of video via Internet-based distribution systems. New digital content distribution services are having appreciable impacts on established media industries and network service providers in many OECD countries. This paper argues that convergence should be taken as the rule, rather than the exception. Careful application of best practices can address most policy concerns.




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Connected Televisions: Convergence and Emerging Business Models

Connected television allows the provision of certain new and valuable services to end-users that will also have implications for the activities of all players in the content distribution ecosystem. In addition to identifying the new services that connected TV enables, this report analyses their effects and includes a discussion of policy implications raised for the actual connected television devices and for network infrastructure.




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The Internet in Transition: The State of the Transition to IPv6 in Today's Internet and Measures to Support the Continued Use of IPv4

This report considers the transition from IPv4 to IPv6 alongside the use of network technologies to prolong IPv4 use in the face of depletion of further IPv4 protocol addresses.




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Industry Self Regulation - Role and Use in Supporting Consumer Interests

The report notes that industry self-regulation (ISR) can play an important role in addressing consumer issues, particularly when business codes of conduct and standards are involved. It draws on 23 case studies covering notably advertising, financial services, telecommunications, video games and software applications (apps), toys, and direct selling.