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This note describes work undertaken by the OECD to support the implementation of the 2015 G7 Leaders’ Declaration in the area of responsible business conduct. Four areas of action are covered: outreach on responsible business conduct (RBC) standards to other countries; development of guidance for supply chain due diligence; monitoring of multi-stakeholder initiatives; and strengthening National Contact Points.
27/05/2016 - The real economy will always seem to be disconnected from the financial economy during periods when the need for structural change is so overwhelming that it can hardly be otherwise. We have had the easiest monetary policy of any historical era outside of hyperinflations, and productivity fails to grow, economic activity is weak...
Four decades after their adoption, the OECD’s Guidelines for Multinational Enterprises have never been more relevant to ensuring that businesses behave responsibly, wherever they operate.
A young boy named Kalu, who had been rescued from a carpet-weaving unit in Bihar, once raised a compelling and very significant question when he met then-President Bill Clinton. In conversation with the President, Kalu politely inquired about his plans and policies with regard to the world’s children and their condition.
21/05/2016 - It is seven years since the global crisis and despite easy monetary policy, financial regulatory reform, and G20 resolutions favouring structural measures, the world economy is not making a lot of progress. Adrian Blundell-Wignall gives a preview of what’s in the 2016 edition of the OECD Business and Finance Outlook.
10-12 May, Paris: The 2016 forum focused on compliance and implementation of the OECD Due Diligence Guidance, including how to maximise the positive impacts on livelihoods through due diligence; viable options for trade in artisanal and small-scale mined gold; and identifying and preventing the worst forms of child labour in the mineral supply chain.
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In 2015, global FDI flows increased by 25% to USD 1.7 trillion, reaching their highest level since the global financial crisis began in 2007. Corporate and financial restructuring played a large role.
From the early 2000s, sustainability has emerged as a central policy-making consideration as climate change and population growth have heightened concerns about already-stretched natural resources.
Paris, 26 April 2016: OECD Deputy Secretary-General Douglas Frantz and Adrian Cristobal, Secretary, Department of Trade and Industry, Philippines, OECD Deputy Secretary-General Douglas Frantz and Adrian Cristobal, Secretary, Department of Trade and Industry, Philippines, will present reform successes and remaining challenges as well as strategies for promoting and supporting the recommendations in the report.
Is there a role for trade liberalisation and facilitation in zeroing in on corruption and supporting integrity in trade? Yes – and a greater one than you might think.