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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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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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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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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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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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OECD welcomes outcome of Global Forum on Steel Excess Capacity Ministerial

The OECD welcomes the outcomes of today's Ministerial meeting of the Global Forum on Steel Excess Capacity, and congratulates Germany on this important achievement on the last day of its G20 Presidency. The Global Forum was created by G20 Leaders, at their Hangzhou summit in September of last year. The OECD is honoured to be serving the Global Forum as its Facilitator and to contribute to its achievements to date.




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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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Ministerial Conference on SMEs

22-23 February 2018 (Mexico City): The Ministerial Conference on SMEs will offer a crucial platform for addressing how governments can provide SMEs with the right conditions to maximise their contributions to productivity growth and social inclusion.




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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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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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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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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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The determinants of foreign Direct Investment - Do statutory restrictions matter?

This paper sheds light on their potential costs in terms of foregone investments. Applying an augmented gravity model, covering 60 advanced and emerging countries over the period 1997–2016, it estimates the elasticity of bilateral FDI positions and cross-border M&A activity to FDI restrictions as measured by the OECD FDI Regulatory Restrictiveness Index.




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Multinational enterprises in domestic value chains

Based on the OECD Analytical AMNE database, this paper analyses the domestic linkages of MNE affiliates in host economies in order to get better insights in the role MNEs play across countries.




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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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SMEs turning to alternative financing instruments as growth slows in bank lending

Small and medium-sized enterprises (SMEs) are turning to non-bank financing sources at a faster pace than in the past, as bank lending to them has risen less than expected given today’s favourable credit conditions and business environment.




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Mapping of Investment Promotion Agencies: The Mediterranean Middle East and North Africa (pdf)

This report provides an inventory of existing practices among IPAs in eight southern Mediterranean (MED) economies: Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia. Each MED country has one national IPA with the exception of Tunisia, where three agencies have investment promotion functions.




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Annual reports on the OECD Guidelines for Multinational Enterprises

The annual reports on the OECD Guidelines for Multinational Enterprises provide an account of the actions the adhering governments have taken over the previous 12 months to enhance the contribution of the guidelines to the improved functioning of the global economy.




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Promoting investment in the Mediterranean

This joint EU-OECD programme supports Mediterranean governments to attract quality investment for job creation, local development, economic diversification and stability.




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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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Mapping of Investment Promotion Agencies: The Mediterranean Middle East and North Africa (Arabic pdf)

This report provides an inventory of existing practices among IPAs in eight southern Mediterranean (MED) economies: Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia. Each MED country has one national IPA with the exception of Tunisia, where three agencies have investment promotion function




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Mapping of Investment Promotion Agencies: The Mediterranean Middle East and North Africa (French pdf)

This report provides an inventory of existing practices among IPAs in eight southern Mediterranean (MED) economies: Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia. Each MED country has one national IPA with the exception of Tunisia, where three agencies have investment promotion function




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Drivers of divestment decisions of multinational enterprises

Divestment by multinational enterprises is an important yet understudied phenomenon. The few available estimates indicate that about a fifth of all foreign affiliates are divested every five years. This working paper presents the findings from a novel cross-country firm-level dataset with financial and ownership information.




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Doing Better for Families country note - Hungary

This note highlights the most pressing issues on families and children in Hungary, as discussed in the OECD publication Doing Better for Families.




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Long-Term Care in Hungary

An overview of the long-term care situation in Hungary is available here.




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Education: Korea tops new OECD PISA survey of digital literacy

Korea tops a new OECD PISA survey that tests how 15-year olds use computers and the Internet to learn. The next best performers were New Zealand, Australia, Japan, Hong-Kong China and Iceland.




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International community continues making major progress to end tax evasion

The Global Forum on Transparency and Exchange of Information for Tax Purposes published today 9 new peer review reports, including a Phase 1 Supplementary Report for Switzerland, demonstrating continuing progress toward implementation of the international standard for exchange of information on request.




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Water Resources Allocation: Hungary Country Profile

Water resources allocation determines who is able to use water resources, how, when and where. Capturing information from 27 OECD countries and key partner economies, the report presents key findings from the OECD Survey of Water Resources Allocation and case studies of successful allocation reform.




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Special Meeting of the OECD Council – Introduction of Hungarian Prime Minister Viktor Orbán

I am delighted to welcome Prime Minister Orbán to the OECD Council, just a month before the 20th anniversary of Hungary’s accession to the OECD. Today, we discussed with the Prime Minister two decades of partnership, marked by achievements but also great challenges.




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Mr. Angel Gurría, Secretary-General of the OECD, at G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, 17-18 July 2019

Mr. Angel Gurría, Secretary-General of the OECD, will participate in the G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, on 17-18 July 2019.




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Iceland: Better coordination among authorities needed to tackle foreign bribery, says OECD

Iceland must do more to ensure its law enforcement authorities are coordinated and adequately resourced to investigate and prosecute economic and financial crime, including foreign bribery, says the OECD in a new report.




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Education: Korea tops new OECD PISA survey of digital literacy

Korea tops a new OECD PISA survey that tests how 15-year olds use computers and the Internet to learn. The next best performers were New Zealand, Australia, Japan, Hong-Kong China and Iceland.




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Teaching and Learning International Survey (TALIS)- Country profile - Iceland

Country profiles highlight some key findings from TALIS 2013 for individual countries and economies




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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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A Secure Internet as an Engine of Economic Growth

Strengthening Cybersecurity is becoming “the new comparative advantage”, as companies and customers move to countries with safer and more reliable cyber-frameworks, said Angel Gurría, OECD Secretary-General.




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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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OECD events at the Internet Governance Forum 2012 (Baku, Azerbaijan)

OECD events at the Internet Governance Forum 2012 (Baku, Azerbaijan)




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Cybersecurity: Managing risks for greater opportunities

While the nature of cyber attacks continues to include criminal activities motivated by financial gain, the main emerging threats are large-scale denial of service attacks, information leaks, targeted cyber espionage, and the disruption of critical infrastructures.




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International Mobile Roaming Agreements

This report explores principles that could form the basis for good practices in the establishment of international mobile roaming (IMR) agreements between two or more countries. Given the cross-country nature of IMR services and, especially, the fact that wholesale prices are determined by foreign operators outside the jurisdiction of domestic regulators, international co-operation is vital to address the challenges in roaming markets.




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The Internet Economy on the Rise: Progress since the Seoul Declaration

This publication reviews progress made since 2008 and identifies areas for future work. It demonstrates that the Internet economy has now reached a point where it has become a new source of growth, with the potential to boost the whole economy, to foster innovation, competitiveness and user participation, and to contribute effectively to the prosperity of society as a whole.




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ICTs and the Health Sector: Towards Smarter Health and Wellness Models

The future sustainability of health systems will depend on how well governments are able to anticipate and respond to efficiency and quality of care challenges. Bold action is required, as well as willingness to test innovative care delivery approaches. This book examines the whole new world of possibilities in using mobiles and the Internet to address healthcare challenges.




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Insights blog: Beyond the first mile - Where your Internet comes from

In OECD countries, networks look like a mesh with multiple paths that can act as each other’s backup. In developing countries, however, communication networks often resemble rivers, with small branches of regional networks delivering their traffic to a central national backbone that ends at one submarine fibre, making cable cuts a greater risk to the functioning of the economy.