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Boosting the productivity and competitiveness of the economy would help Costa Rica to progress further and take full advantage of its integration into GVCs. Improving the competitiveness of services sectors is particularly pertinent.
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Data from the Japanese government suggest there are currently over 1 000 shipyards in Japan. Some of these yards are privately owned individual enterprises, while others form part of larger private or public companies that operate multiple yards. Japan’s shipbuilders exist within a wider maritime cluster that provides crucial upstream and downstream products and services.
Why do financial markets see so little risk, while companies that invest in the real economy appear to be much more prudent? How will we fund future pensions when interest on the products that finance them are so low? Where will the trillions of dollars needed to improve and extend infrastructures come from? How should international capital flows be regulated? These and other challenges are discussed in this collection of expert opinions on the social, economic and policy perspectives facing international investors, governments, businesses, and citizens worldwide.
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This update report by the IMF and the OECD was delivered to G20 in February 2016.
Most investment treaties do not expressly address joint interpretations and thus leave the issue to more general rules. This paper addresses the general legal framework applicable to joint agreements by treaty parties about the interpretation of treaties. It outlines key concepts and distinctions, and considers effects on third parties.
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.
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For over 50 years, the OECD Code of Liberalisation of Capital Movements (the Code) has provided a balanced framework for countries to progressively remove unnecessary barriers to the movement of capital, while providing flexibility to cope with situations of economic and financial instability. This brochure outlines the various aspects of this Code.
The Tourism Satellite Account (TSA) is a standard statistical framework and the main tool for the economic measurement of tourism.
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The purpose of a Tourism Satellite Account is to analyse in detail all the aspects of demand for goods and services associated with the activity of visitors; to observe the operational interface with the supply of such goods and services within the economy; and to describe how this supply interacts with other economic activities.
The news that companies in OECD economies are increasingly bringing manufacturing activities back home has attracted a lot of attention in recent years. But considerable disagreement exists about how important this trend actually is for economies in particular the number of jobs that reshoring is supposed to bring back.