The economic crisis has generated an urgent need to restore confidence in our future and make the world economy stronger, cleaner and fairer. There is growing political consensus on the need to develop a set of common principles and standards in order to ensure a more stable and sustainable development of the global economy, according to the OECD Secretary-General.
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Building a workable framework for international investment policy requires developing a mutually-understood vocabulary for key policy terms. This fact-finding study, prepared in support of discussions at a March 2009 “Freedom of Investment” Roundtable hosted at the OECD, explores the meaning of three terms – essential security interests, public order and national security – that are used frequently in international policy dialogue,
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This statement outlines OECD's response to the crisis and OECD perspectives on the Development Committee agenda. It was presented at the joint World Bank-IMF Development Committee meeting in Washington on 26 April 2009 by Mr. Angel Gurria, OECD Secretary-General, and Mr. Eckhard Deutscher, Chair of the OECD Development Assistance Committee (DAC).
In the midst of the deepest and most synchronised recession in our lifetimes, OECD's Gurría encourages a policy response which addresses the social impact of the crisis and repairs the financial system.
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The present crisis, the deepest and most widespread in our lifetimes, is causing economic hardship worldwide. This paper reviews the experience of earlier crises – whether national, international or sectoral – to understand better both the nature of the various investment policy responses and their implications for international investment and long-term sustainable growth. These policy responses are then compared with recent measures
Countries participating in a “Freedom of Investment” initiative, which together represent four fifths of the world economy, have pledged to resist discriminatory policies and new forms of protectionism towards investment.
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At the 10th roundtable on Freedom of Investment on 26 March, OECD and non-OECD governments reviewed recent policy measures and found no trend to date towards protectionism. They issued a report on building trust and confidence in international investment, that calls for renewed vigilance in resisting protectionist pressures and continued peer monitoring at the OECD. This report is intended for OECD and non-OECD Ministers at the
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Investment Newsletter No.9 focuses on OECD support for G20 objectives on international investment, lessons from previous crises for investment policy today, the investment policy review of China, the PFI user's toolkit, guidance for engaging the private sector in water infrastructure and investment news from Africa.
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As a global economic crisis risks becoming a crisis of globalisation, this policy brief looks at the recent performance of trade and FDI, protectionist risks, appropriate policies and the role of the OECD.
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Organised in Paris on 26 March 2009, discussions at this roundtable focused on a review of recent investment policy developments in participating countries, investment policies and past economic crises, recipient country investment policies relating to national security, and finalising the report for the 2009 OECD ministerial meeting.