An estimated 22% of the world’s largest firms are now effectively under state control, this is the highest percentage in decades. These firms are likely to remain a prominent feature of the global marketplace in the near future. The upsurge of state-owned enterprises (SOEs) as global competitors has given rise to concerns related to a level playing field. Some business competitors and observers claim that preferential treatment granted by governments to SOEs in return for public policy obligations carried out at home can give SOEs a competitive edge in their foreign expansion. The OECD has taken a multidisciplinary approach, looking at the issue from the competition, investment, corporate governance and trade policy perspectives. The report aims to sort fact from fiction, and develop a stronger understanding, based on empirical evidence, on how to address growing policy concerns with regard to SOE internationalisation. The report concludes that although there is no clear evidence of systematic abusive behaviour by SOE investors, frictions need to be addressed, in view of keeping the global economy open to trade and investment.
The government of the Viet Nam, in partnership with the OECD and ASEAN, is undertaking a review of its investment policies as part of an active programme of investment policy reforms to make the country a more attractive destination for investors.
9 November 2016, Marrakesh - This COP22 side event will focus on the role of policies and domestic enabling conditions to encourage private investment in green infrastructure in developing countries, drawing on lessons learned from country-specific experiences in Jordan and Viet Nam.
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In the first half of 2016, global FDI flows decreased by 5%, as compared to the second half of 2015, to USD 793 billion but remain above half-year trends observed in 2013 and 2014. In Q1 2016, FDI flows rose to USD 513 billion due to large flows in the United States and, to a lesser extent, in the United Kingdom after Royal Dutch Shell bought British Gas. FDI flows then decreased 46% to USD 279 billion in the second quarter.
Co-organised by the OECD and the German Federal Ministry of Finance, the seminar focused on the policy implications of the increasingly interconnected global financial and economic system and the need for an open and orderly regime for capital flows in the context of the review of the OECD Code of Liberalisation of Capital Movements.
19 October 2016, Paris: The upsurge of SOEs as global competitors has given rise to concerns related to a level playing field. This workshop focused on the topic of SOEs as global competitors.
Paris, 18 October 2016: The workshop will bring together investment promotion agencies (IPAs) and policymakers from OECD countries and emerging economies to share their experience and discuss good practices on investment promotion and facilitation.
Programme commun UE-OCDE de soutien aux gouvernements méditerranéens pour attirer des investissements de qualité à l’appui de la création d’emplois du développement local, de la diversi ication économique et de la stabilité.
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Based on the OECD Guidelines for Multinational Enterprises and the chapter on responsible business conduct in the the OECD Policy Framework for Investment, this report provides concise and basic information to investors on the existing responsible business conduct expectations in Georgia. This 2016 edition updates a report first published in 2014.
Responsible business conduct (RBC) is recognised as an important part of the investment climate and is increasingly integrated within public policies aimed at attracting better investment and enhancing sustainable development.