By Romain Despalins - Pension assets rose to record levels in 2017, exceeding USD 40 trillion in the OECD area for the first time ever, according to Pension Markets in Focus.
Governments count on their Investment Promotion Agencies (IPAs) to attract international investment but relatively little is known about how they go about this. Alexandre de Crombrugghe shares some of the insights gained during a stocktaking of IPAs in OECD countries.
With citizens, communities and politicians increasingly questioning the benefits of globalisation and the multilateral trading system, the OECD's Greg Medcraft looks at what we can do to ensure foreign infrastructure investment is high quality, sustainable and works for all, with particular reference to China’s Belt and Road Initiative.
For most of the past half century, countries around the world have gradually opened up to foreign investment, and with good effect. However, since the 2000s, a new and opposing trend has emerged: the screening and review of foreign investment projects, particularly those by state-owned enterprises (SOEs), to mitigate risks to national security.
Today the debate rages about whether the decline in living standards is due to the effects of globalisation or to poor domestic policies. This article argues that key corporate and financial issues must be addressed if globalisation is to work better for all.