This Investment Policy Review examines Nigeria's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment.
Since the return to democracy in 1999, Nigeria has embarked upon an ambitious reform programme towards greater economic openness and liberalisation. As a result, gross domestic product growth picked up consistently, never going below 5% since 2003. Nigeria has become a top recipient of foreign direct investment in Africa, with inflows having surpassed those to South Africa since 2009. The federal government’s Transformation Agenda recognises private sector development as the main engine for economic growth and includes bold investment reforms. Growth has however not yet been translated into inclusive development and the investment climate still suffers from severe challenges.
This Investment Policy Review examines Nigeria’s investment policies in light of the OECD Policy Framework for Investment (PFI), a tool to mobilise investment in support of economic growth and sustainable development. It provides an assessment and policy recommendations on different areas of the PFI: investment policy; investment promotion and facilitation; trade policy; infrastructure investment; competition; corporate governance and financial sector development. It also includes a special chapter analysing the PFI in Lagos State. The Review follows on the request addressed by the Minister of Industry, Trade and Investment of Nigeria to the OECD Secretary-General in December 2011. It has been prepared in close co-operation with the Federal Government of Nigeria and Lagos State Government.
Cette publication phare du Programme LEED sera la première d'une série qui mettra en lumière les dernières decouvertes sur les politiques pour le soutien à la création d'emplois, dans un format conviviable et accessible aux décideurs politiques (au niveau national, régional et local), practiciens et membres de la société civile. Seront compris dans la publication un groupe de fiches pays, illustrant des nouvelles données sur l'offre et la demande des compétences au niveau des petites régions (TL3). La publication traitera d'une facon transversale les différentes thématiques du Programme LEED, avec comme objectif d'apporter un complément et une valeur ajoutée par rapport à des publications plus spécifiques et qui traitent des problématiques plus en profondeur.
Chairman's statement of the OECD Steel Committee's 78th session, Paris, 11-12 May 2015.
Cette réunion a été l’occasion de dresser un état des lieux de la mise en œuvre du Guide OCDE sur le devoir de diligence, ainsi que du Mécanisme régional de certification de la CIRGL et d’autres initiatives visant à faciliter les chaînes d’approvisionnement responsables.
English, PDF, 339kb
Seven years after the global financial crisis, lending to US small businesses is still below the precrisis levels and credit conditions remain tight for many of these firms. A more diversified set of options for SME financing should continue to be pursued to support long-term investment and reverse the trend decline in the number of start-ups.
English, PDF, 1,046kb
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.
English, PDF, 601kb
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.