International investment spurs prosperity and economic development in home and recipient countries. Policy coordination helps governments resist protectionist pressures and develop effective policies. The OECD's Freedom of Investment process brings together some 54 governments from around the world to exchange information and experiences on investment policies at regular roundtables.
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Routine Jobs, Employment and Technological Innovation in Global Value Chains
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.
This multi-stakeholder forum provides the opportunity to review and discuss implementation of the OECD Due Diligence Guidance and the ICGLR Regional Certification Mechanism. Issues pertinent to the tin, tantalum and tungsten (3Ts) and gold supply chains.
When companies involve stakeholders, such as local communities, in their decision making, it enables them to identify, and account for the impacts of their activities, and contribute to positive social and economic development. To address the challenges raised when engaging with stakeholders, the OECD is preparing a user guide on how to undertake due diligence in engaging with stakeholders for mining, oil and gas enterprises.
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.
This work addresses the role of global value chains (GVCs), workforce skills, ICT, innovation and industry structure in explaining employment levels of routine and non-routine occupations. The analysis encompasses 28 OECD countries over the period 2000-2011.