9 November 2016, Marrakesh - This COP22 side event will focus on the role of policies and domestic enabling conditions to encourage private investment in green infrastructure in developing countries, drawing on lessons learned from country-specific experiences in Jordan and Viet Nam.
Secretary-General Angel Gurría discusses the efforts of the OECD to support Egypt, Jordan, Morocco, Tunisia and other MENA countries to restore investor confidence, tackle unemployment and foster policy conditions for strong, sustainable and balanced growth.
Governments in the Arab region should quickly step up their efforts to tackle bribery and corruption in order to boost job creation, improve living standards through achieving the MDGs and promote trust in government.
To support Morocco in boosting jobs and investment, this OECD report assesses the country’s business climate, and targets key areas for reform.
This Investment Policy Review examines Morocco’s achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment.
In the context of the economic crisis, reforms can become an effective vehicle for sustained recovery but governments must find the right balance between an effective regulatory and institutional framework and minimising unnecessary red tape. Moreover, governments cannot reset the economy on their own and the contribution of the women and the private sector will be crucial, according to the OECD Secretary-General.
Opening this event in Marrakesh, Angel Gurría underlined that the economic crisis has not spared the MENA region, with a significant economic contraction and a severe impact on the labour markets. According to the Secretary-General, the MENA-OECD Initiative can serve as a model for effective co-operation in building the global economy of the future.
The MENA-OECD Investment Programme seeks to mobilise investment—foreign, regional and domestic—as a driving force for growth, stability and prosperity throughout the Middle East and North Africa (MENA) region. This programme is part of the MENA-OECD Initiative on Governance and Investment for Development (www.oecd.org/mena).