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"At the end of the day, this is what the G20 is about: its “raison d’être” is to show leadership and equip the global economy with an efficient framework for policy coordination. And trade in raw materials and in food commodities should be no exception to this.", said M. Gurría.
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The dramatic increase in international capital flows, despite a temporary contraction during the global crisis, has motivated policy discussions on the associated benefits and costs of capital mobility. While international capital movements can support long-term growth, they also pose short-term policy challenges, including those associated with undesirable consequences of exchange-rate appreciation, financial and asset-price cycles
To support Morocco in boosting jobs and investment, this OECD report assesses the country’s business climate, and targets key areas for reform.
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The financial crisis and its aftermath have revealed the extent to which the good functioning of markets and hence of the world economy depends on propriety, integrity and transparency in the conduct of business. Countries around the globe have a new shared interest in strong, clean and fair markets and inensuring they deliver sustainable growth and development. The OECD has been called from the onset to support this drive, given its
Most G20 governments have put in place new restrictive trade measures over the past six months but have on the whole honoured their pledge to keep international investment open in the wake of the crisis.
The G20 helped steer the world through the worst of the economic storm; now it must show it can set in motion a new governance for the post-crisis world. That's a task our organisation stands ready to help with, says the OECD's G20 Sherpa, Gabriela Ramos.
In his remarks, A. Gurría said that countries need to be ambitious in taking unilateral actions and that a cost-effective approach to reducing emissions could cost just a fraction of a percentage point of GDP per year.
The key tables on finance and investment include data on central government debt. Historical data refer to the latest eight time periods.
At the USCIB Global Investment Conference in Washington A. Gurría announced that the OECD is considering the feasibility of a non-binding “Model Investment Treaty”, building on converging understandings in OECD and partner countries and invited other organisations to join these reflections.
The OECD, World Trade Organization and the UN’s Conference on Trade and Development have called on the leaders of the G20 countries to resist protectionism or the prospects for economic recovery may be wiped out.