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Organised in Paris on 27-28 March 2008, this event focused on best practice in promoting investment for development. The relationship between investment and development was a key theme during the 2007 G-8 Summit, which called upon “UNCTAD and the OECD to jointly engage industrialised countries, emerging economies and developing countries in the development of best practices for creating an institutional environment conducive to
In his remarks, Mr Gurría spoke of the work undertaken by the OECD and UNCTAD with developing countries aiming to define a shared understanding of healthy investment climates. The Secretary-General underlined that investment expands the economy’s productive capacity, drives job creation and economic growth, promotes innovation and trade, and ensures essential infrastructure.
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This progress report was issued following the 7th Roundtable on Freedom of Investment, National Security and ‘Strategic’ Industries which took place in Paris on 26 March 2008. Since early 2006, OECD has provided a forum for intergovernmental dialogue on how governments can reconcile the need to preserve and expand an open international investment environment with their duty to safeguard the essential security interests of their people.
International investment agreements set ground rules for how host governments treat foreign investors. This publication includes the definition of investor and investment; the interpretation of umbrella clauses in investment agreements; coverage of environmental, labour and anti-corruption issues; and the interaction between investment and services chapters in selected regional trade agreements.
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Investment Newsletter, No. 6 puts the spotlight on China's outward foreign direct investment (FDI), as well as reporting on recent developments in foreign direct investment in OECD countries. It also reviews the effect of taxation on FDI, efforts to mobilise private investment in Africa's water infrastructure, and examines services trade and FDI in regional trade agreements.
Short summary of the meeting of the OECD's Council Working Party on Shipbuilding held on 10-11 December 2007.
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Description of the revised Sector Understanding on Export Credits for Ships (SSU)
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The purpose of this User's Guide 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. First published in 2003, the 2008 version has been adjusted to take recent developments into account, specifically, revised insurance and private pensions provisions of the Code of
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Tourism is one of the world’s largest and fastest-growing industries and its importance for economic development is widely acknowledged. What makes tourism different from many other services is that the supplier stays where he is, and the tourist comes to him rather than the supplier taking his services to the consumer. Tourism can thus play a key role in poverty alleviation, bringing jobs for unskilled or semi-skilled workers in
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Virtually all governments are keen to attract foreign direct investment (FDI). It can generate new jobs, bring in new technologies and, more generally, promote growth and employment. The resulting net increase in domestic income is shared with government through taxation of wages and profits of foreign-owned companies, and possibly other taxes on business (e.g. property tax). FDI may also positively affect domestic income through