The Capital Movements Code provides a balanced framework for capital account openness. It is the only multilateral legal instrument with comprehensive coverage of capital movements. This includes inflows and outflows, long-term and short-term operations.
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Presented to G20 Finance Ministers and Central Bank Governors in September 2015, this document provides an update on progress in cooperation on respective approaches to measures that are both macro-prudential measures (MPMs) and capital flow management measures (CFMs).
In 2014, many countries implemented the latest international guidelines for compiling FDI statistics. The new standards have resulted in significant changes in FDI statistics, including new measures of FDI at the global level.
Public-private partnerships (PPPs) can play an important role for inclusive and sustainable growth in Tunisia. Towards this end the Government of Tunisia is working with the OECD to operationalise the country's forthcoming PPP law, designed to promote transparency, efficiency and effectiveness of public spending, and to help the government of Tunisia meet its public policy objectives.
Most businesses are good. They pay their taxes, they create employment, they abide by the laws, and they generally contribute to the societies in which they operate. But what can be done when businesses behave badly? This blog discusses the National Contact Points, the unique grievance mechanism of the OECD Guidelines for Multinational Enterprises, and how could be improved to better fulfill their potential.
The Southern African Development Community (SADC) partnered with the OECD in 2013 to create an Investment Policy Framework (IPF) specific to the SADC region. The framework is now been finalised and this meeting set the implementation priorities for SADC member states over the coming months.
There is strength in unity but when it comes to regional co-operation to enhance development, this lesson can be lost. This blog post examines how regions such as the Southern African Community for Development (SADC) and the Association of Southeast Asian Nations (ASEAN) use the Policy Framework for Investment to enhance their investment policies and to attract investment that works for the development of the region as a whole.
Addis Ababa - Part of the 3rd International Conference on Financing for Development, this event explored strategies to leverage Africa’s pension funds and other sources of private financing to develop Africa’s infrastructure. Ways to improve the investment climate in Africa using the recently updated Policy Framework for Investment were also be addressed.
In the wake of the collapse of the Rana Plaza garment factory in Bangladesh in 2013, initiatives to strengthen regulation of global supply chains in the textile and garment sector have multiplied. Tackling the issues involved requires sustained collaboration among industry, government, worker organisations and civil society. This project aims to promote such collaboration as well as the harmonisation of existing standards in the sector.
In 2009, Zambian economist Dambisa Moyo published her book, “Dead Aid”, which shocked much of the international development community by claiming that ‘traditional’ systems of official development assistance (ODA) to Africa were not delivering, and arguing why we must find alternatives. This article looks at where we are at today.