Investment is one of the central engines of growth. But we don’t just need investment, we need intelligent investment. We need investment that fosters green growth, we need investment that supports innovation and entrepreneurship.
This paper examines the extent, reasons and impacts of excess capacity in the global steel industry, as well as the implications of new investment projects that continue to take place at a rapid pace in many parts of the world. By focusing on new investment projects, this study intends to help governments and industry better understand the extent to which global steelmaking excess capacity may evolve in the future.
This STAN: OECD Structural Analysis Statistics 2014 provides analysts and researchers with a comprehensive tool for analysing industrial performance across countries. It includes annual measures of production, value added (at current and constant prices), gross fixed capital formation, number engaged and labour compensation. Data are in national currency for current price data i.e. in Euros for EMU countries; in terms of the current price value in the reference year (usually 2005) for volume data and in number of persons for employment data. Coverage is provided for 15 OECD countries and for multiple sectors, with extended coverage of service sectors according to ISIC Revision 4 classification.
New approaches are needed for addressing social and economic challenges, including new models of public and private partnership which can fund, deliver and scale innovative solutions from the ground up.
The OECD Steel Committee carries out analytical and statistical work on world steel market and industry developments, steelmaking capacity, steel trade developments, and steel-related raw materials. It holds meetings and workshops to discuss current and emerging issues.
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The growing gap between global steelmaking capacity and demand has led to a deterioration in the financial situation of steelmakers, and has raised concerns about the longer-term economic viability and efficiency of the industry. Although excess capacity has increased significantly since the financial crisis, and despite slowing demand growth in global markets, new investment projects continue in many parts of the world.
The OECD Directorate for Science, Technology and Innovation (DSTI) manages databases of internationally comparable statistics. These statistics and indicators underpin policy-related analytical work, particularly with respect to links between technology, competitiveness and globalisation. DSTI also plays a leading role in the development of international statistical standards in the STI area.
The Korean shipbuilding industry is one of the top global players, leading by value and second only to China by volume. However, the global economic crisis has dented its finances and it now faces serious challenges to set itself back on a solid footing.
This 14th annual report on the OECD Guidelines for Multinational Enterprises describes the activities undertaken to promote the observance of the Guidelines during the implementation cycle of June 2013-June 2014. This includes work on due diligence in the financial and extractive sectors, as well as along agricultural supply chains, strengthened co-operation with non-adhering countries, the outcomes of the 2nd Global Forum on Responsible Business Conduct, as well as the activities of National Contact Points who promote the observance of the Guidelines' principles and standards in the 46 adhering countries.
This 2014 edition of OECD Research and Development Expenditure in Industry provides statistical data on R&D expenditure broken down by industrial and service sectors. Data are presented in current and constant USD PPP values by main activity and product field. Coverage is provided for 28 OECD countries and four non-member economies. The coverage of ANBERD includes multiple sectors, with extended coverage of service sectors according to ISIC Revision 4 classification.This publication is a unique source of detailed internationally-comparable business R&D data, making it an invaluable tool for economic research and analysis.