Since the start of the economic reform process in the 70s China has been able to generate a large volume of investment, both from domestic and foreign sources. This high volume of investment was instrumental in sustaining strong economic growth and related improvements in living standards. However, this growth model is not longer sustainable. Returns on investment have fallen, excessive capacity is plaguing several sectors and the negative externalities have been very onerous, notably in terms of environmental degradation and rising income inequality. A key objective of the Chinese government is therefore to move the economy towards a more balanced, sustainable and inclusive growth path as envisaged by the 13th Five-Year Plan. In this adjustment process, the country is seeking new approaches for smarter, greener and more productive investment. This will require mutually reinforcing reforms to improve investment planning, rebalance the role of government and market forces, mainstream responsible business conduct and encourage greater private investment, especially in green infrastructure. China’s growing role as an outward investor may act as catalyser for the required reforms at home, as Chinese private and state-owned enterprises have to adopt internationally recognised practices and standards .
English, PDF, 900kb
An open and transparent international system of orderly capital flows can underpin global growth and stability. This paper explains the benefits of adhering to the OECD Code of Liberation of Capital Movements which is open for adherence by all countries with equal rights, privileges, and responsibilities.
Paris, 14 March 2016: Organised by the OECD-hosted Freedom of Investment Round-table, this conference will explore how governments are balancing investor protection and how to improve balance through new institutions.
11 March, Paris, France: This high-level launch event included a panel discussion that addressed the potential impacts of companies operating in agricultural supply chains on human, labour and tenure rights.
English, PDF, 6,480kb
This OECD report lays an empirical foundation for structuring economic policies to facilitate Chile’s participation in global value chains and to maximise the associated benefits for national firms and workers.
Why do financial markets see so little risk, while companies that invest in the real economy appear to be much more prudent? How will we fund future pensions when interest on the products that finance them are so low? Where will the trillions of dollars needed to improve and extend infrastructures come from? How should international capital flows be regulated? These and other challenges are discussed in this collection of expert opinions on the social, economic and policy perspectives facing international investors, governments, businesses, and citizens worldwide.
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This update report by the IMF and the OECD was delivered to G20 in February 2016.
Most investment treaties do not expressly address joint interpretations and thus leave the issue to more general rules. This paper addresses the general legal framework applicable to joint agreements by treaty parties about the interpretation of treaties. It outlines key concepts and distinctions, and considers effects on third parties.
Cette publication fournit aux gouvernements des conseils sur les options politiques qui sont disponibles pour tirer le meilleur parti des opportunités d'investissement privé dans une infrastructures énergétique propre, appuyant sur l'expertise des communautés du climat et de l'investissement, entre autres. Elle propose aux décideurs une liste de questions à prendre en considération, notamment dans les domaines suivants : politique d’investissement, promotion et facilitation de l’investissement, politique de la concurrence, marchés financiers et gouvernance publique. D' autres questions transversales sont également abordées, comme la coopération régionale et le commerce international pour les investissements dans les énergies propres.
English, PDF, 660kb
For over 50 years, the OECD Code of Liberalisation of Capital Movements (the Code) has provided a balanced framework for countries to progressively remove unnecessary barriers to the movement of capital, while providing flexibility to cope with situations of economic and financial instability. This brochure outlines the various aspects of this Code.