The world is becoming increasingly global. This raises important challenges for regulatory processes which still largely emanate from domestic jurisdictions. In order to eliminate unnecessary regulatory divergences and to address global challenges pertaining to systemic risks, the environment, and human health and safety, governments increasingly seek to better articulate regulations across borders and to ensure greater enforcement of rules and their application across jurisdictions.
This report gathers in a synthetic manner the knowledge and evidence available to date on the various mechanisms available to governments to promote regulatory co-operation, and their benefits and challenges. The review of evidence confirms the increased internationalisation of regulation, which takes place through a wide variety of mechanisms and multiple actors, and highlights a shift in the nature of IRC from complete 'harmonisation' of regulation to more flexible options - such as mutual recognition agreements. Despite growing regulatory co-operation, however, decision making on IRC is not informed by a clear understanding of benefits costs and success factors of the diverse IRC options.
Access to finance remains a key challenge for small and medium-sized enterprises and a stumbling block to recovery in most countries, according to a new OECD report.
Government, business, trade and civil society representatives came together at this panel session to discuss the first year of implementation following the 2011 Update of the Guidelines.
English, PDF, 352kb
Despite a 22% increase in the last quarter, global FDI flows in 2012 declined by 14% to USD 1.4 trillion compared to 2011 figures, according to preliminary estimates in the April 2013 issue of FDI in Figures.
This paper reviews the evidence on emerging thinking and new trends in the sphere of industrial policy. Using a broad and inclusive definition of industrial policy, it proposes a new typology based on the orientation of policy and the policy domain and a framework based on growth accounting, which parallels the evolution of thinking about the rationale for industrial policy interventions.
This policy paper provides new evidence on the link of labour market regulation, bankruptcy legislation, financial market development and R&D support policies with growth dynamics. The study goes beyond looking at differences in average growth rates as it analyses changes in the whole distribution of firms.
The growing awareness that knowledge-based capital (KBC) is driving economic growth is prevalent in today’s global marketplace. The creation and application of knowledge is especially critical to the ability of firms and organisations to develop in a competitive global economy and to create high-wage employment.
English, Excel, 3,595kb
This guidance is a government-backed multi-stakeholder initiative on responsible supply chain management of minerals from conflict-affected areas which helps companies respect human rights and avoid contributing to conflict through their mineral sourcing practices.
English, PDF, 324kb
Organised in Paris on 20 March 2013, the 18th Roundtable discussed recent investment policy developments including continued discussions focusing on investor-state dispute settlement and international investment law, and competitive neutrality.
The Tanzanian government, in partnership with the OECD and NEPAD, has undertaken a review of its investment policies to support its national strategy for economic reform and to improve the business climate and attract more investment in key sectors, such as infrastructure and agriculture. This page describes the review process.