The current economic crisis has exposed the deficiencies of economic global governance and the risk of having a highly integrated global economy with fragmented global economic decision-making and regulation. To improve our impact, we do need stronger, more inclusive and better coordinated international organisations, warned the OECD Secretary-General.
With the the global economic crisis, governments are now focused on restoring national economic and employment growth and financial stability which also poses risks for freedom of investment. If they all recognise that open markets will ultimately contribute to a sustainable recovery, they might be tempted to adopt “beggar thy neighbour” policies, including investment protectionism and unfair incentives to attract or retain
With the global economic crisis, governments are now focused on restoring national economic and employment growth and financial stability which also poses risks for freedom of investment.
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Government officials from ASEAN countries and investment experts gathered to discuss on various efforts to create a more attractive investment climate in Southeast Asia at the Forum. OECD’s investment instruments and peer review methods were presented and well received by participants as they can help advance their own agenda of investment policy reforms. The Forum took place in Bangkok, Thailand on 27-28 April 2009.
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Guidelines for Recipient Country Investment Policies relating to National Security have been adopted by the OECD to help governments maintain fair treatment of international investors while meeting their countries' security needs.
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