Slowing growth in the Peoples Republic of China (PRC) is grabbing the headlines with some suggesting a third wave of the 2008 global financial crisis. While this topic deserves attention because of its global economic implications, there is insufficient analysis of firms in global production networks (GPNs), which were at the forefront of the economic transformation in PRC and the rest of East Asia, and lessons for latecomers to GPNs.
Everybody is interested in the impacts of what companies are doing and the environmental practices and impacts of doing business are coming under increasing scrutiny. OECD Secretary-General Angel Gurría looks at how both governments and investors are ready to scale up climate disclosure and the use of climate information.
2 December 2015 - The global financial and economic crisis of 2008 left the international monetary system with vulnerabilities caused by volatile capital flows and spillovers from national policy responses. The current policy environment has moved multilateral co-operation, openness and transparency to the top of the capital flow policy agenda.
Conventional wisdom holds that countries with lower taxes attract higher levels of foreign direct investment (FDI). At first glance, this intuitive assumption seems to be supported by the evidence but is this true?. Pierre Poret, Deputy Director of the OECD Financial and Enterprise Affairs Directorate takes a closer look.
Let’s start with a quiz. Which country is the second biggest direct investor in China? Who are the largest investors in India and Russia? You probably won’t believe it, but the answers are
Le changement climatique et, plus généralement, les atteintes à l’environnement entraînent des coûts économiques et sanitaires quantifiables qui pèsent sur la croissance et le bien-être à long terme. Si rien n’est fait, le changement climatique pourrait faire baisser le PIB mondial de 0,7 % à 2,5 % d'ici 2060, avec des disparités suivant les régions.
Mounting fears of another slowdown in the global economy call for bolder policy responses. Trade and investment are a case in point. The latest WTO forecasts suggest 2015 will be the fourth year running that global trade volumes grow less than 3%, barely at—or below—the rate of GDP growth. Before
Women entrepreneurship is increasingly recognised as a key source of employment creation and innovation, and for addressing inequalities.
The private sector plays an important role in economic development. However to be beneficial to local populations, business must act responsibly. Part 2 of this blog focuses on how community engagement can help business achieve this, in harmony with the OECD Guidelines for Multinational Enterprises, and reinforce the link between responsible business and inclusive growth.
The private sector plays an important role in economic development. However to be beneficial to local populations, business must act responsibly. Part 1 of this blog discusses how business can do this, as laid out in the OECD Guidelines for Multinational Enterprises, and make a positive contribution to economic, environmental and social progress with a view to achieving sustainable development.