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China's Belt and Road Initiative (BRI) development strategy aims to build connectivity and co-operation worldwide. This report explores and quantifies parts of the BRI strategy, the impact on other BRI-participating economies and some of the implications for OECD countries. It reproduces Chapter 2 from the 2018 edition of the OECD Business and Financial Outlook.
Ana Novik offers her thoughts on the potential of global value chains (GVCs) for driving structural change. The 2018 Forum on Globalisation and Industrialisation took place on 18 June 2018 in Vienna, Austria. The participants looked into how GVCs can lead to inclusive and sustainable development and how countries at different stages of development can ensure their participation in those value chains.
La Convention prévoit la réalisation d’un suivi systématique de l’application par les pays signataires de la Convention. Ce processus de suivi, qui repose sur un processus rigoureux d’examen mutuel, débouche sur des recommandations que l’on trouve dans les rapports par pays.
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In the first quarter of 2018, global FDI outflows fell to USD 136 billion from USD 242 billion in the previous quarter. This precipitous drop was largely due to a switch to negative outward FDI from the United States. US outward FDI fell to USD -145 billion, registering negative for the first time since the fourth quarter of 2005.
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The digitalisation of financial products and services, and the consequent need to strengthen digital financial literacy has become an important component of the global policy-making agenda. This guidance aims to identify and promote effective initiatives that enhance digital and financial literacy in light of the unique characteristics, advantages, and risks of digital financial services and channels.
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The increasingly digital environment for financial products and services and the potential for digitalisation to support greater financial inclusion and inclusive growth, makes effective financial consumer protection more important than ever. This policy guidance focuses on areas related to the role of oversight bodies and disclosure and transparency.
I want to congratulate the Argentinian Presidency for developing the Roadmap to Infrastructure as an Asset Class. The OECD strongly supports this important initiative and has actively contributed to its development over the past months.