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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 Working Party on Shipbuilding provides an international platform for the exchange of information as well as the elaboration of economic and policy analysis on several aspects of the shipbuilding sector. WP6 aims to establish normal competitive conditions in the shipbuilding industry notably by encouraging transparency and consulting widely with both non-OECD economies as well as relevant industry groups.
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.
Steel is one of the most widely produced industrial products in the world, and the sector depends heavily on a range of raw materials for its production. The aim of this workshop was to better understand the impacts of trade-restrictive raw material policies on the global steel industry and to explore policy approaches that would improve the longer-term efficiency and functioning of these markets.
The purpose of this workshop was to better understand this increasingly important market segment for the shipbuilding industry and particularly the scope and limitations for reorientation of shipyards towards offshore vessels and the lessons learnt from recent diversification strategies.
The OECD Science, Technology and Industry Outlook 2014 reviews key trends in science, technology and innovation (STI) policies, and performance in more than 45 economies, including OECD countries and major emerging economies. The report draws on the latest OECD work on science and innovation policy analysis and measurement.
Following an overview of the STI global landscape and policy trends, key policy issues are discussed across a series of thematic policy profiles. The third section examines individual STI country performances, along with the most recent national policy developments. These global and national policy trends are monitored by a unique international policy survey conducted by the OECD every two years.
The emergence of GVCs challenges our conventional wisdom on how we look at economic globalisation and in particular, the policies that we develop around it. The OECD is preparing a broad range of work to help policy makers understand the effects of GVCs on a number of policy domains.
The study assesses the role of feed-in tariffs (FITs) and renewable energy certificates (RECs) in creating incentives for cross-border investments and for investments in particular technological portfolios via M&A. The analysis explores the dataset on M&As in alternative energy sources worldwide over 2005-2011.
Despite large and growing investments in knowledge and innovation, productivity growth in many countries has slowed in recent years. At the same time, the urgent need for more rapid innovation (including its uptake and diffusion) in several key areas, such as in environment. This joint OECD-NBER workshop on 25-26 September 2014 will bring together academic experts to consider these challenges.
The AMNE database presents detailed data on the activities of foreign affiliates in OECD countries (inward and outward activity of multinationals). The data indicate the increasing importance of foreign affiliates in the economies of host countries, particularly in production, employment, value added, research and development, labour compensation and exports.