Can development aid enhance the resilience of investment in developing countries?

The current crisis is stretching developing countries’ financing capacities to their limits. Already suffering from rising debt levels and the risk of debt distress, and insufficient domestic and external financing resources, developing countries are now struggling to mitigate the interrelated health, humanitarian and economic effects of the pandemic.

Foreign direct investment during the pandemic: A buffer for jobs?

The Covid-19 pandemic has caused a global humanitarian, social and economic crisis. Poverty will rise for the first time since 1998, with hundreds of millions of jobs lost and livelihoods affected. Many of the jobs affected by the pandemic depend on investments and operations of multinational enterprises (MNEs) and their buyers and suppliers in global value chains. But foreign direct investment (FDI) is estimated to fall by at least 30% in 2020 – meaning that fewer jobs than expected have been and will be created.

The integrity road: fighting corruption in infrastructure in Asia-Pacific

Blog by Jeroen Michels, Samuel Brown and Balázs Gyimesi, Public Sector Integrity Division, Directorate for Public Governance, OECD Corruption can derail us from going places – both in transport infrastructure and socio-economic development. Infrastructure is key to facilitating trade, but also to better health care and education, water supply systems, and waste treatment facilities. The … Continue reading The integrity road: fighting corruption in infrastructure in Asia-Pacific