The Network for Open Economies and Inclusive Societies (NOEIS) – launched in 2017 by the Netherlands – consists of 24 countries committed to advancing a well-functioning open global economy while reducing excessive inequalities: Argentina, Austria*, Belgium, Canada, Chile, Colombia, Costa Rica, Czech Republic, Finland, Germany, Hungary, Ireland*, Japan, Latvia, Luxembourg, Mexico, the Netherlands, New Zealand*, Norway, Peru, Poland, Spain, Sweden and Turkey*.
Read the full 2019 NOEIS Ministerial Statement
Read the full 2018 NOEIS Ministerial Statement
During the Ministerial NOEIS Meeting of 30 May 2018 (on the margins of the OECD Ministerial Council Meeting), NOEIS Ministers committed to fighting protectionism in all of its forms with intensified efforts. The range of global challenges requiring multilateral cooperation has expanded considerably, while international dialogue and evidence are increasingly useful to address common domestic policy issues.
The Network demonstrates the importance of working together, providing a better understanding of how to link actions at the domestic and international level to form a coordinated response, thinking of effective ways to anticipate solutions for common challenges.
Since its launch the Network has held useful thematic expert meetings fostering peer learning and knowledge sharing, also benefiting from inputs by stakeholders such as BIAC, TUAC and OECD Watch (a vital part of the NOEIS dialogue and feedback mechanism). NOEIS countries share good practices and lessons learned, reflecting both dimensions of economic openness and inclusiveness, an essential purpose and added value of the Network. Some of the most open economies in the OECD are represented in the Network, with high trade and FDI exposure and a strong participation in GVCs. On the other hand, challenges remain. Obstacles to trade can prevent countries from reaping the full benefits of economic openness. In terms of inclusive societies, inequality of opportunities can have long term consequences for many generations, if unaddressed.
(*) indicates members that joined in 2019.