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This paper was prepared by the OECD in order to provide an in-depth description of the new worldwide rules which will govern trade in services as of 1 January 1995.
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Italy, which has progressively removed the obstacles to free movement of capital in the 1980s, has experienced substantial inflows of foreign direct investment. At the same time, Italian enterprises considerably reinforced their foreign presence. Under the combined effect of in- and outflow of direct investment, Italy strengthened economic ties with OECD countries, most particularly with partners in the European Union. This
This Introduction to the OECD Codes of Liberalisation was approved by the OECD Council in 1994 and published in 1995 as an OECD publication (out of print). The purpose of this Introduction is to contribute to a better understanding of the principles and procedures of the OECD Codes. It also provides detailed explanations of the coverage of the Codes and may therefore serve as a manual for Code users.
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Over the past few years, Greece has been positioning itself to become a more attractive prospect for foreign investors. These efforts to improve the foreign direct investment climate further are important, particularly if the trend towards rationalising the public sector is to be effectively pursued. This publication examines Greece's policies on foreign direct investment and the role played by foreign investment in the Greek economy.
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With one of the OECD's smallest and most open economies, Ireland welcomes foreign direct investment (FDI) and offers grants and tax incentives to attract investors. Direct investment plays a unique role in the Irish economy, accounting for a larger part of its manufacturing output, employment and exports than in most other OECD countries. Still, the cost of attracting foreign investment has come under greater scrutiny and questions
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Foreign direct investment (FDI) in Portugal has soared since the mid-1980s. Today, foreign enterprises constitute an important source of employment and exports in Portugal. The Portuguese government has taken a number of important steps to open its economy to foreign direct investment by removing a wide range of sectoral restrictions, replacing a cumbersome prior authorisation system with a streamlined prior notification system, and
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August 1993. This publication seeks to add to the understanding of the problems which policy makers of Central and Eastern European Countries (CEECs) face in designing and implementing exchange control policies.
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This report discusses New Zealand's foreign direct investment trends, the role FDI has played in the structural adjustment process since 1984, motivations behind New Zealand's liberalisation measures, and the significance of the recently announced new policy towards FDI.
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The Swedish governement has fundamentally reoriented its foreign direct investment policies, moving away from a complex system of overlapping governmental and private restrictions towards a more open and liberal regime.
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Over the last thirty years, international tourism, (as expressed in the
"travel" account in Balance of Payments statistics, which excludes
international passenger transport) has grown more rapidly than any other service sector and, in terms of ...