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.
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.
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.
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 fourth 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.
