Protectionism and local content requirements are holding back investment in clean energy and thus undermining the fight against climate change. This Investment Insights puts forward policy options for mobilising investment in clean energy and restoring order and confidence in international markets.

The global recovery is still hesitant and unemployment at record highs, despite ample liquidity in financial markets. OECD Secretary-General Angel Gurría will open the 10th Global Forum on International Investment with Minister of Economy, Turkey, Nihat Zeybekci, to address policy options for sparking an investment comeback.

Mounting fears of another slowdown in the global economy call for bolder policy responses. Trade and investment are a case in point. The latest WTO forecasts suggest 2015 will be the fourth year running that global trade volumes grow less than 3%, barely at—or below—the rate of GDP growth. Before

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.

Mongolia’s rapid economic and social development, fuelled by the discovery of significant mineral resources, has exacerbated governance and corruption challenges.

This OECD report lays an empirical foundation for structuring economic policies to facilitate Chile’s participation in global value chains and to maximise the associated benefits for national firms and workers.

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.

Shanghai, 9-10 July 2016: G20 Trade Ministers reinforced their "determination to promote inclusive, robust and sustainable trade and investment growth" with the adoption of the G20 Guiding Principles for Global Investment Policymaking.

Leaders of the G20 countries meeting at their Summit in Hangzhou, China, have called on the OECD to help develop an agenda to build a stronger, more innovative and inclusive world economy.

Ireland still needs to make substantial progress on key recommendations issued three times since March 2007 by the OECD Working Group on Bribery with regard to improving its domestic criminal law as it applies to bribery by Irish individuals and companies in their international business transactions.

Russia still needs to make substantial progress on key recommendations issued by the OECD Working Group on Bribery in 2012 and 2013.

Azerbaijan has made progress in preventing corruption in several sectors, such as public services delivery, traffic police and public education, and reforms have started in customs and business licencing. However, serious and complex corruption challenges have yet to be tackled, says a new OECD report.

Georgia has achieved remarkable progress in eliminating petty corruption in the public administration and should now focus on combating high-level and complex corruption, according to a new OECD report.

Following on from the London Anti-Corruption Summit which took place in May 2016, the OECD and the International Bar Association (IBA) have agreed to form a task force to develop professional conduct standards and practice guidance for lawyers involved in establishing and advising on international commercial structures and recommended actions for governments.

Paris, 6 March 2016 - The 2017 Global Forum contributed to the broader policy debate about how to address globalisation failures from an international investment perspective. Debates addressed options for reforming the international investment policy regime across three dimensions: openness, responsibility and inclusiveness.

Finland has proactively investigated seven allegations of Finnish individuals or companies paying bribes to foreign public officials since 1999 but needs to address its discouragingly high acquittal rate.

The 2017 OECD Global Anti-Corruption and Integrity Forum will tackle issues related to fair competition and economic growth, the inequality gap, a level playing field for business, the public interest in policy making and trust in government and politics

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.

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.

There is no shortage of capital available globally to finance renewable-energy projects. The financial sector encompasses more than €100 trillion of assets. So how is it that investment in renewable energy is not flowing faster? This article by OECD policy analyst Geraldine Ang proposes responses to the trillion-dollar question.

Effective international co-operation between countries is crucial for the successful investigation, prosecution and sanction of international corruption offences.

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.

Chile must make further progress on key recommendations of the OECD Working Group on Bribery in International Business Transactions, more than three years after its Phase 3 evaluation in March 2014.

9 November 2017, New York With the FCPA’s enactment 40 years ago and 20 years after the adoption of the OECD - Anti-Bribery Convention, the global fight against corruption has changed forever. This conference examined the major impact of these ground-breaking instruments on corporate behaviour and law enforcement priorities.

The next review of Sweden’s implementation of the OECD Anti-Bribery Convention, which was scheduled for October 2018, has been delayed until 2019. This is due to the fact that Sweden has not yet enacted legislation to urgently address remaining recommendations to reform its laws on corporate liability for the bribery of foreign public officials.

Australia has stepped up its enforcement of foreign bribery since 2012, when the OECD Working Group on Bribery last evaluated Australia’s implementation of the OECD Anti-Bribery Convention, with seven convictions in two cases and 19 ongoing investigations.

25-26 January 2018 - The first annual meeting of the G20 Global Infrastructure Connectivity Alliance will bring together policy makers and practitioners to discuss the state of play in global connectivity, innovative practices and the outlook for connectivity.

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.

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.

Poland must make urgent progress on carrying out key recommendations of the OECD Working Group on Bribery that remain unimplemented, more than four years after its Phase 3 evaluation in June 2013.

This study explores good practices and challenges in the detection of international corruption cases via media reporting and investigative journalism.

Banks Balance Sheet in Portugal decreased to 418685.90 EUR Million in February from 420783.90 EUR Million in January of 2020. Banks Balance Sheet in Portugal averaged 251921.96 EUR Million from 1979 until 2020, reaching an all time high of 583296.90 EUR Million in February of 2012 and a record low of 6272.30 EUR Million in January of 1980. This page provides - Portugal Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Angola recorded a trade surplus of 4933 USD Million in the third quarter of 2019. Balance of Trade in Angola averaged 9924.08 USD Million from 2002 until 2019, reaching an all time high of 42932 USD Million in the fourth quarter of 2008 and a record low of 958.33 USD Million in the first quarter of 2015. Angola exports mostly crude oil (more than 90% of total exports) and small quantities of diamonds, coffee, sisal and fish. Angola main exports partners are China (more than 40% of total exports), followed by the United States, India, France, Taiwan, South Africa and Canada. Angola imports machinery and electrical equipment, vehicles and spare parts; medicines, food, textiles and military goods. Portugal is the main supplier of the Angolan economy (18% of total imports) followed by China, United States, Brazil and South Africa. This page provides the latest reported value for - Angola Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The OECD and the ESRC Genomics Policy & Research Forum jointly organised a one-day Forum on 12 November 2012 in Paris. The event was both retrospective and forward-looking. The forum concluded that the promise of biotechnology is not set but evolves with fresh scientific knowledge, novel laws and regulations. The future of biotechnology needs to also integrate social and cultural dimensions.

Several OECD countries have published their plans for the development of a future bioeconomy, in which bio-based materials and production techniques will contribute significantly to economic and environmental sustainability. The case for support for bio-based chemicals and plastics therefore warrants serious attention.

Purchasing Power Parities (PPPs) are commonly used to convert national currencies to a common unit. The main novel feature in the 2017 report is the collection of comparable and output-based prices for hospital services that can then be applied to matching health accounts expenditure data so as to derive consistent price and volume comparisons of health and hospital goods and services consumed.

Mr. Angel Gurría, Secretary-General of the OECD, was in Sydney from 21 to 23 February 2014 to attend the G20 Finance Ministers and Central Bank Governors meetings. While in Sydney, the Secretary-General launched the 2014 OECD Going for Growth report, alongside Mr. Joseph Benedict "Joe" Hockey, Treasurer of Australia.

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.

Since the start of the crisis, a growing number of OECD countries have been reporting declining inward and outward FDI, a phenomenon that could be described as ‘investment de-globalisation’. Governments must take immediate and vigorous action to reverse such trends by removing unnecessary barriers and complexities that hinder investment, said OECD Secretary-General.

The G20 needs to go structural, social, and green! With fiscal and monetary policy room nearly exhausted, structural reforms are the best choices, sometimes the only choice. The OECD battle cry in this regard has been unchanged since 2008: “go structural!”.

Mr. Angel Gurría was in Brisbane to attend the G20 Leaders' Summit on 15-16 November. Prior to the Summit, the Secretary-General attended a G20 Finance Ministers Meeting, as well as L20 and B20 meetings.

Biographical note of Australia's Permanent Representative to the OECD.

The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today the first 10 outcomes of a new and enhanced peer review process aimed at assessing compliance with international standards for the exchange of information on request between tax authorities.

Australia has stepped up its enforcement of foreign bribery since 2012, when the OECD Working Group on Bribery last evaluated Australia’s implementation of the OECD Anti-Bribery Convention, with seven convictions in two cases and 19 ongoing investigations.

Unemployment Rate in China decreased to 5.90 percent in March from 6.20 percent in February of 2020. Unemployment Rate in China averaged 4.42 percent from 2002 until 2020, reaching an all time high of 6.20 percent in February of 2020 and a record low of 3.90 percent in September of 2002. In China, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - China Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Ukraine decreased to 2031565 UAH Million in February from 2033281 UAH Million in January of 2020. Banks Balance Sheet in Ukraine averaged 1342014.65 UAH Million from 2007 until 2020, reaching an all time high of 2033281 UAH Million in January of 2020 and a record low of 374153.94 UAH Million in February of 2007. This page provides - Ukraine Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Global economic activity is picking up, but the continuing crisis in the euro area is delaying a meaningful recovery, the OECD said in its latest Interim Economic Assessment.

OECD Secretary-General, Angel Gurría, congratulated Japanese Prime Minister Abe on his announcement today that Japan will raise its consumption tax as legislated from the current 5% to 8% next April.

Extended Producer Responsibility (EPR) is increasingly recognised worldwide as an efficient waste management policy to help improve recycling and reduce landfilling of products and materials. This Forum took place on 17-19 June 2014, in Tokyo, Japan, to identify key challenges and opportunities for further developing EPR policies.

A moderate expansion is underway in most major advanced and emerging economies, but growth remains weak in the euro area, which runs the risk of prolonged stagnation if further steps are not taken to boost demand, according to the OECD’s latest Interim Economic Assessment.