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This report responds to a request from the G20 that the IMF and OECD assess whether further work is needed on their respective approaches to measures which are both macro-prudential and capital flow measures, taking into account their individual mandates. The report was transmitted to G20 Finance Ministers and Central Bank Governors at their meeting on 16-17 April 2015 in Washington D.C.
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Global FDI flows picked up in the second half of 2014, increasing 17% in Q3 and 3% in Q4, representing an overall 9% increase in the second half of 2014 compared to a year earlier. The volume of flows in 2014 was USD 1.3 trillion, 2% lower than 2013, but this decrease was due to...
This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.
Two years ago today, the Rana Plaza building in Bangladesh’s capital Dhaka collapsed, killing over 1,100 people and injuring another 2,500. The dead and injured were garment workers. This blog post looks at due diligence in the apparel supply chain.
OECD and partners are promoting active use of the Guidance by companies throughout the mineral supply chain, industry associations, financial institutions, and civil society organisations.
This article by Roel Nieuwenkamp talks about the trend of hardening of soft law in the domain of responsible business conduct. It argues that legislative proposals related to existing international instruments should not seek to reinvent the wheel, but to reinforce it. Existing instruments that are widely recognised and proven to be effective and reasonable should represent a foundation for their legally-binding counterparts.
This report provides recommendations on the design and implementation of a new investment promotion strategy for the Government of Chile. The work took place in a context of a series of investment policy related reforms in Chile, which finds itself needing a modern investment promotion strategy and instruments, particularly as its competitors for foreign direct investment are sharpening their investment promotion.
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Infrastructure investment in Indonesia was seriously impaired by the 1997 Asian financial crisis. Indonesia plans to increase investment sharply through both public spending and private finance. Yet, Indonesia lacks suitable long-term investment vehicles and capital markets are still developing.
International investment is one of the main drivers of globalisation so sound policies towards investment are vital for world prosperity and stability. The OECD works with regions and economies around the world to help improve the investment climate.
Integrity Week is an annual event organised by the OECD and its CleanGovBiz Initiative to actively support governments and organisations in their efforts to strengthen integrity, build trust, and fight corruption.