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  • 16-December-2020

    English

    Blended Finance in the Least Developed Countries

    The least developed countries (LDCs) are the furthest from achieving the Sustainable Development Goals (SDGs). They are also likely to be hit the hardest by the COVID-19 crisis and badly need the type of additional commercial resources that blended finance can unlock. Yet evidence shows that they are still missing out and these commercial resources flow to middle-income countries instead. How can this be fixed? Blended Finance in the Least Developed Countries 2020, the third edition of the joint OECD-UNCDF report, draws from consultations with and contributions by blended finance experts, LDC governments, UN missions, donors, civil society and research institutions and builds on OECD data and analysis on private finance mobilised by official development finance. The report provides an update on the deployment of blended finance in LDCs. It also analyses its potential role in helping those countries recover from the COVID-19 crisis, and provides recommendations for unlocking capital for the achievement of the SDGs in LDCs, as called for in the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda.
  • 15-December-2020

    English

    Local Public Finance and Capacity Building in Asia - Issues and Challenges

    Subnational governments’ capacity to effectively fund and deliver public services are crucial for the realisation of the potential benefits of decentralisation. However, subnational capacities often suffer from significant weaknesses, ranging from inadequate assignments of own-revenues, through to flaws in tax administration, the design of intergovernmental transfers, spending assignments, and various aspects of public financial management. The volume discusses how better diagnostics and more strategic reforms can contribute to easing the resource constraints on subnational governments, as well as creating appropriate incentives for these governments to improve performance. The volume includes studies of the enabling conditions for subnational capacity-building in Asia, as well as focused studies of China and India's fiscal relations challenges.
  • 14-December-2020

    English

    Linking Indigenous Communities with Regional Development in Australia

    There are approximately 800,000 Indigenous Australians, which is 3.3% of Australia’s total population. Indigenous Australians are custodians of the world’s oldest living continuous culture and make a vital contribution to contemporary Australian society. Indigenous Australians are also important for the future of the national economy. For example, the amount of land with Indigenous ownership and interest has increased significantly in the last 50 years and now covers approximately half of Australia’s land mass. Indigenous Australians play an important role in the development of regional economies. Compared to the non-Indigenous population, Indigenous peoples are more likely to be located in predominantly rural regions. However, significant gaps in socio-economic outcomes with non-Indigenous Australians remain and these gaps are larger in rural regions. The report provides three key recommendations to improve economic outcomes for Indigenous Australians: improving the quality of the statistical framework and the inclusion of Indigenous peoples in the governance of data; promoting entrepreneurship to provide opportunities for Indigenous peoples to use assets and resources in ways that align with their objectives for development; and, implementing an approach to policies that is adapted to places, and empowers Indigenous institutions and communities.
  • 14-December-2020

    English

    Production Transformation Policy Review of Shenzhen, China - A Journey of Continuous Learning

    Shenzhen is a stellar case of growth and economic transformation. Since its establishment as one of China’s first four Special Economic Zones in 1980, it has evolved at breakneck speed. Shenzhen transformed from a fishing village to a major world trade hub and is now home to global innovators in electronics. The Production Transformation Policy Review (PTPR) of Shenzhen, China reviews the city’s changing policy approaches, focusing on the shift from an assembly to a manufacturing centre and more recently to an innovation and start-up hub. Through a comprehensive assessment of Shenzhen’s experience, this review offers insights into the range of policies and strategies employed to stimulate industrial upgrading and learning in China. It provides lessons and actionable policy recommendations for the growth of cities and emerging economies in their catching-up journey. The PTPR of Shenzhen, China has been carried out in the framework of the OECD Initiative for Policy Dialogue on Global Value Chains, Production Transformation and Development and has benefitted from government-business dialogues and international peer learning (University of Seoul, Korea; University of Georgetown, USA and Digital India Foundation, India).
  • 9-December-2020

    English

    Guiding Principles for Durable Extractive Contracts

    The Guiding Principles for Durable Extractive Contracts (the Guiding Principles) provide guidance on how resource projects can be developed to reflect the balance of risks and rewards that underpins durable contracts, while taking into account community interests and concerns since the very beginning. The Guiding Principles offer a blueprint for the content and negotiation of durable extractive contracts that can reduce the drivers of renegotiation and can provide adaptive and flexible provisions that, for example, can automatically adjust to prevailing market conditions. They also aim to assist host governments and investors in explaining the content of the contract to the public, thereby helping to overcome tensions between stakeholders. The Guiding Principles set out eight principles and supporting commentary that host governments and investors, as well as negotiation support providers and legal practitioners, can use as a common reference for future negotiations of enduring, sustainable and mutually beneficial extractive contracts.
  • 7-December-2020

    English

    Africa’s Development Dynamics 2020 - Digital Transformation for Quality Jobs

    Africa’s Development Dynamics uses lessons learned in the continent’s five regions – Central, East, North, Southern and West Africa – to develop policy recommendations and share good practices. Drawing on the most recent statistics, this analysis of development dynamics attempts to help African leaders reach the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national and local. The 2020 edition explores how digitalisation can create quality jobs and contribute to achieving Agenda 2063, thereby making African economies more resilient to the global recession triggered by the COVID-19 pandemic. The report targets four main policy areas for Africa’s digital transformation: bridging the digital divide; supporting local innovation; empowering own-account workers; and harmonising, implementing and monitoring digital strategies. This edition includes a new chapter examining how to finance Africa’s development despite the 2020 global economic crisis. Africa’s Development Dynamics feeds into a policy debate between the African Union’s governments, citizens, entrepreneurs and researchers. It aims to be part of a new collaboration between countries and regions, which focuses on mutual learning and the preservation of common goods. This report results from a partnership between the African Union Commission and the OECD Development Centre.
  • 4-December-2020

    English

    How to Select Buyers of Oil, Gas and Minerals - Guidance for State-Owned Enterprises

    The sale of publicly-owned oil, gas and minerals can have a significant impact on the development trajectory of resource-rich developing and emerging economies due to the large volume of commodities sold and the amount of money involved. Therefore, getting the buyer selection process right is a crucial step to prevent potential public revenue losses that can arise through sub-optimal allocation and corruption. This Guidance is intended to strengthen state-owned enterprises (SOEs)’ capacity to market commodities and optimise the value of resources sold. It explains how SOEs can set up transparent and competitive buyer selection procedures that reduce discretion, close opportunities for favouritism and corruption, ultimately leading to increased revenues for improved development outcomes. Based on the review of existing selection and procurement processes, the Guidance provides recommendations for countering key corruption challenges at each step of the buyer selection process, and identifies examples of best practices. This Guidance complements the work of the Extractive Industries Transparency Initiative (EITI) on recommended disclosures of buyer selection procedures by SOEs.
  • 27-November-2020

    English

    Civil service pension reform in developing countries - Experiences and lessons

    This study examines reforms to civil service pension arrangements in a number of developing countries across Africa, Asia and Latin America. These arrangements are a significant component of public-sector remuneration in many developing countries and they can carry substantial risks, not only financial but also political and social. This study takes a long-term and systemic approach to civil service pensions, charting their evolution as part of a country’s social protection provision and with reference to public-sector remuneration as well as broader institutional developments. It demonstrates the short- and long-term costs of these arrangements against spending on other social protection interventions, notably poverty-targeted social assistance. Through a series of case studies, it examines the motivation behind countries’ decision to reform their civil service schemes, as well as the challenges they faced when undertaking these reforms and their overall impact. The study is intended to support countries planning to reform their civil service pension schemes by identifying key principles and specific policies they might consider in this process; it can also support governments not planning such reforms to better understand the financial dynamics of their civil service schemes.
  • 24-November-2020

    English

    Climate Change: OECD DAC External Development Finance Statistics

    The OECD DAC measures and monitors development finance targeting climate change objectives using two Rio markers: Climate Change Mitigation and Climate Change Adaptation.

  • 24-November-2020

    English

    OECD Development Co-operation Peer Reviews: Belgium 2020

    The OECD’s Development Assistance Committee (DAC) conducts reviews of the individual development co-operation efforts of DAC members once every five to six years. DAC peer reviews critically examine the overall performance of a given member, not just that of its development co-operation agency, covering its policy, programmes and systems. They take an integrated, system-wide perspective on the development co-operation activities of the member under review and its approach to fragility, crisis and humanitarian assistance. Belgium is a powerful voice for the cause of the least developed countries and fragile contexts, and a strong humanitarian partner. Committed to the principles of partnership, it empowers multilateral, civil society and private sector organisations to achieve their mandates. As Belgium emerges from a period of institutional reforms, this peer review provides recommendations to strengthen the management of its development co-operation policy. It also advises on how to take advantage of recent changes to reinforce the humanitarian-development-peace nexus, and improve the management of human resources.
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