Keeping markets open at times of economic crisis

As a global economic crisis risks becoming a crisis of globalisation, this policy brief looks at the recent performance of trade and FDI, protectionist risks, appropriate policies and the role of the OECD.

Policy Brief: Tax Effects on Foreign Direct Investment

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

Policy Brief: Moving up the (Global) Value Chain

Globalisation raises many important challenges and is high on the policy agenda in many OECD countries. Globalisation itself is not new – the process of international economic integration has been underway for decades – but the pace and scale of today’s globalisation is unprecedented.One reason for the speeding-up of the whole globalisation process is the rapid emergence of “global value chains”. The whole process of producing goods,

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• Staying Competitive in the Global Economy: Moving Up the Value Chain

Policy Brief: The Policy Framework for Investment

Private investment is essential for ensuring economic growth, sustainable development and poverty reduction. It increases the productive capacity of an economy, drives job creation, brings innovation and new technologies, and boosts income growth. But the amount of private investment, particularly in African and developing economies, falls short of development needs. And the benefits of investment in emerging and transition economies