This review assesses the overall investment climate in the Philippines, looking at investment policy, investment promotion and facilitation, competition policy, infrastructure investment and responsible business conduct. The Review documents successful reform episodes over the past 25 years in the Philippines, assesses their impact and suggests areas for further reforms. It looks at how to raise investment levels by both foreign and domestic enterprises and at how to ensure that such investment contributes to sustainable and inclusive growth. The current macroeconomic situation in the Philippines is favourable, remittances are high, the business process outsource industry is booming, and the new Competition Act will help to make the domestic market more competitive. The Review argues for one further reform push to ease the many restrictions on foreign investors in the Philippines so as to provide an investment climate where all firms can invest and grow.
Innovative approaches such as social impact investment - the provision of finance to organisations addressing social needs with the explicit expectation of a measurable social, as well as financial, return - can help to further drive economic development and improvement in achieving social outcomes.
Two numbers convey the dramatic truth and enormous challenge behind the Agenda for 2030 and the Sustainable Development Goals (SDGs): One billion people live on less than USD 2 a day. 1% of the world’s population consumes roughly 30% of its resources. Think about those numbers. They are absurd. But they can be changed if the world comes together to achieve the SDGs set forth by the United Nations in September 2015.
Le rapport Typology of risks, mitigation measures and incentives in the extractive chain est le premier outil analytique qui propose une analyse factuelle visant à mieux comprendre de quelle manière la corruption – définie comme l’abus de fonctions publiques ou privées pour un bénéfice personnel – fonctionne sur l’ensemble de la chaîne de valeur des industries extractives -mines, pétrole et gaz.
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Despite the progress observed by PISA over the last decade, Latin American education systems still have a long way to go to reach world class standards. Ibero-American countries will also need to rethink their instructional system to better anticipate the knowledge and skills it will need to reignite its economy.
Migration can have benefits for everyone involved, but this is far from automatic. It requires new institutions, institutions designed for a world that moves. We propose Global Skill Partnerships (GSP) as a new way to make skilled migration more beneficial to migrant-destination countries, origin countries and migrants.
Global development aid reached a record high in 2015. Being inspired to do even better, we should also focus on the main purpose of aid. Is it to be the salt or the oil in the water?
Les pays non membres du CAD qui communiquent au CAD leur assistance au developpement
With the right approach and policies, all countries ─ origin, transit and host ─ can harness the benefits of migration and open up new opportunities for economic and social growth at national, regional and international levels. The OECD remains fully committed to advancing an ambitious, comprehensive and coordinated global agenda to help navigate the current refugee crisis and better harness the strengths and skills of migrants.
I am delighted to co-host this event on competition as a tool for helping markets to perform better. Today, I will share with you some of the highlights from the OECD’s joint work with the World Bank to promote effective competition policies in pursuit of stronger, more inclusive, economic growth.