News of investment by a foreign multinational is usually celebrated but corporate divestments – just as break-ups – are less frequently advertised.
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
Since the Global Financial Crisis, challenges related to capital flow management and financial stability have evolved, leading policymakers to broaden the policy toolkit available to deal with those challenges. In this context, the time was ripe for a review of the OECD Code of Liberalisation of Capital Movements, the only multilateral agreement covering the full capital account. The updated Code was adopted by OECD Ministers in May 2019 and launched at the G20 Finance meeting in Fukuoka. It is not only more flexible, to better deal with current financial stability requirements, but it also makes an important contribution to the global debate on the international financial architecture.
Only one hundred companies produce over 70% of greenhouse gas emissions so they should also be responsible for taking action to address the impacts of climate change. On the occasion of the 2019 Responsible Business and Human Rights Forum, OECD's Cristina Tébar Less, looks at the actions business is expected to take. It is widely … Continue reading How can business meet its responsibility to address climate change?
International investment, and in particular foreign direct investment, has an important role to play in helping to achieve the Sustainable Development Goals. Karl Sauvant looks at what it takes.
While the potential benefits of foreign direct investment are widely accepted by policy makers, many governments impose restrictions on the activities of foreign investors. The OECD’s Stephen Thomsen asks whether these restrictions can have an impact on FDI inflows into an economy.
The World Bank’s Doing Business indicators have drawn attention to the regulatory burdens on business, leading to hundreds of reforms worldwide to improve the business environment. The OECD’s Stephen Thomsen looks at the pros and cons of this approach.
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.
In the third post of his Legacy Blog Series, Roel Nieuwenkamp encourages the responsible business conduct community to start planning for the next update of the OECD Guidelines for Multinational Enterprises.