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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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The Routine Content of Occupations

This work proposes a novel measure of the routine content of occupations, built on data from the OECD PIAAC survey of adult skills mirroring the extent to which workers can modify the type and sequence of tasks performed on the job.




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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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Organising sporting events: Preventing corruption and promoting responsible business conduct

This brochure looks at the corruption, labour, human rights and environmental risks associated with the organisation of large sporting events. It describes how OECD instruments and expertise in implementation of complex projects can help host governments, event organisers and their business partners ensure that the world of sport remains associated with the traditional values of excellence and fair play.




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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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For an optimistic revolution

The world has seen more than one industrial revolution and another one is already upon us. We should face it as optimists.




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The MNE Guidelines at 40: Implementation still matters

Four decades after their adoption, the OECD’s Guidelines for Multinational Enterprises have never been more relevant to ensuring that businesses behave responsibly, wherever they operate.




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OECD Action Plan on the Sustainable Development Goals

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.




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International Economic Forum on Latin America and the Caribbean

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.




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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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15 years of the National Contact Points

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.




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Annual Report on the OECD Guidelines for Multinational Enterprises 2015

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.




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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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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.




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Roundtable on 40 years of the OECD Guidelines for Multinational Enterprises

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.




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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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Anti-Corruption Strategies for Small and Medium-sized Enterprises

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.




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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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Investment governance and the integration of environmental, social and governance factors

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.




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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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US manufacturing decline and the rise of new production innovation paradigms

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.




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Can better international co-operation help build a fairer global economy?

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.




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Increased international co-operation on financial and corporate issues essential to making globalisation work for all

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.




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For business and globalisation, people hold the key

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.




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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.




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The government role in mobilising investment and innovation in renewable energy

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.




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OECD Steel Committee sees tentative and vulnerable recovery amid excess capacity and market distortions

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.




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Investing in innovation and skills: Thriving in global value chains

This paper synthesises the main policy implications of OECD work focusing on the interplay between participation and positioning in global value chains (GVCs), employment demand and supply, and workforce skills endowment.




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International trade, foreign direct investment and global value chains

Evidence on the role played by investment in global value chains (GVCs) can assist policy work on GVCs, trade, investment and development. Drawing on new and improved measures of trade and investment, these country notes provide relevant statistical information from OECD databases on trade, investment, the activities of multinational enterprises and global value chains.




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Economic shocks and changes in global production structures: Methods for measuring economic resilience

When economic shocks occur, economic agents are expected to react to reduce the negative impact or amplify the positive effects. The ability of a country to contain economic losses can be defined as the resilience to economic shocks. Using the OECD Inter-Country Input-Output tables, this paper investigates the relationship between changes in final demand and production structures for 61 economies.




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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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Appointing authorities and the selection of arbitrators in investor-state dispute settlement

The consultation on appointing authorities and the selection of arbitrators in investor-state dispute settlement paper and comments received are being made available in order to foster informed public and inter-governmental debate.




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Towards an international framework for investment facilitation

Many governments seek to promote and facilitate inward investments that they expect will benefit their economy. This paper looks at the merits of an international framework to facilitate investment in support of sustainable and inclusive growth.




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The digital economy, multinational enterprises and international investment policy

This paper examines the implications of digitalisation and digital technologies for international investment and investment policy, with a particular focus on digital policies relating to national security and digital policies directed at business operations.




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Examen des statistiques d'investissements directs internationaux au Maroc

L’OCDE a mis au point un cadre pour l’évaluation de la qualité des statistiques macroéconomiquesqui se concentre sur sept dimensions de la qualité : la pertinence, la précision, la crédibilité, l’actualité, l’accessibilité, l’interprétabilité et la cohérence. Le présent rapport utilise ce cadre pour évaluer les statistiques d’IDI du Maroc.




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OECD Guidelines for Multinational Enterprises National Contact Point Peer Reviews: Chile

Governments adhering to the OECD Guidelines for Multinational Enterprises are required to set up a National Contact Point (NCP) that functions in a visible, accessible, transparent and accountable manner. This report contains a peer review of the Chilean NCP, mapping its strengths and accomplishments and also identifying opportunities for improvement.




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OECD Guidelines for Multinational Enterprises National Contact Point Peer Reviews: France

Governments adhering to the OECD Guidelines for Multinational Enterprises are required to set up a National Contact Point that functions in a visible, accessible, transparent and accountable manner. This report contains a peer review of the French NCP, mapping its strengths and accomplishments and also identifying opportunities for improvement.




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OECD Guidelines for Multinational Enterprises National Contact Point Peer Reviews: Germany

Governments adhering to the OECD Guidelines for Multinational Enterprises are required to set up a National Contact Point (NCP) that functions in a visible, accessible, transparent and accountable manner. This report contains a peer review of the German NCP, mapping its strengths and accomplishments and also identifying opportunities for improvement.




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Facilitating social dialogue under the OECD Guidelines for Multinational Enterprises

This study explores the role of the National Contact Points in dealing with cases relating to the implementation of the OECD Guidelines for Multinational Enterprises with a particular focus on labour issues and social dialogue.




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Trade in fake Italian goods costs economy billions of euros

Global trade in fake Italian goods such as luxury handbags, watches, foodstuffs and car parts is taking a bite out of Italy’s economy equivalent to around 1-2% of GDP in terms of lost sales, according to a new OECD report.




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OECD Guidelines for Multinational Enterprises: a Glass Half Full

20 June 2018 - This Liber Amicorum was prepared for Roel Nieuwenkamp. It offers a wide-ranging and comprehensive message to governments, business, civil society organisations and other stakeholders to collectively widen and deepen the adherence and practice of the OECD Guidelines for Multinational Enterprises worldwide.




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Evaluation of the Italian "Start-Up Act" - policy note

As only a tiny proportion of new firms eventually grow, policy makers face two alternatives: target specific firms predicted to be highly innovative in the future, or foster experimentation among firms and streamline both entry and exit. The Italian "Start-Up Act" combines these two approaches with an eclectic mix of policy tools.




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La valutazione dello "Startup Act" italiano - policy note

Considerato che solo una minima parte delle nuove imprese riesce a svilupparsi, i decisori pubblici si trovano di fronte a un'alternativa: concentrarsi sulle imprese che presentano un alto potenziale di innovazione, o favorire la sperimentazione e semplificare sia l'ingresso che l'uscita delle imprese dal mercato. Lo "Startup Act" combina i due approcci con un mix eclettico di strumenti di policy.




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Mapping of investment promotion agencies in OECD countries (pdf)

This report provides an inventory of existing practices in Investment Promotion Agencies across 32 OECD countries. It covers a wide range of areas pertaining to investment promotion and facilitation with a view to enhancing peer-learning amongst practitioners.




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Mapping of investment promotion agencies in OECD countries

This report provides an inventory of existing practices in Investment Promotion Agencies across 32 OECD countries. It covers a wide range of areas pertaining to investment promotion and facilitation with a view to enhancing peer-learning amongst practitioners.




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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.