29 June 2017 - On the occasion of the 5th Global Forum on Responsible Business Conduct, Gabriela Ramos, OECD Chief of Staff and Sherpa to the G20, draws attention to the human rights abuse of modern slavery and makes a plea for reinforced international coordination and cooperation to help fight this unacceptable reality.
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Governments are the largest consumers in the global marketplace through the acquisition of goods, services and works to carry out their functions and to deliver services to citizens. This note sets a basis for reflection and discussion on the benefits and challenges of integrating RBC standards in public procurement.
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Policy coherence is crucial to ensure effective design and implementation of policies to promote responsible business conduct, including corporate respect of human rights. This note sets a basis for reflection and discussion on lessons learned from national action plans on business and human rights.
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Economic diplomacy, which refers to government services and support provided to business in foreign markets, has the potential to create incentives for business to behave responsibly. This note sets a basis for reflection and discussion on how responsible business conduct standards can be embedded in economic diplomacy.
The annual reports on the OECD Guidelines for Multinational Enterprises provide an account of the actions the adhering governments have taken over the previous 12 months to enhance the contribution of the guidelines to the improved functioning of the global economy.
On 20 June 2017, Kazakhstan became the 48th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. Adherence signals Kazakhstan's commitment to provide a fair and transparent environment for international investment and willingness to encourage the positive contribution investment can make to economic, environmental and social progress.
This Declaration, first adopted in 1976, constitutes a policy commitment to improve the investment climate, encourage the positive contribution multinational enterprises can make to economic and social progress and minimise and resolve difficulties which may arise from their operations.
This review, which was prepared in response to Kazakhstan's 2012 request to adhere to the Declaration on International Investment and Multinational Enterprises (OECD Declaration), analyses the general framework for investment as well as most recent reforms, and shows where further efforts are necessary. It assesses Kazakhstan’s ability to comply with the principles of openness, transparency and non-discrimination and its policy convergence with the OECD Declaration, including responsible business conduct practices. Capitalising on the OECD Policy Framework for Investment, this review studies other policy areas that are of key relevance to investment such as SME policy, infrastructure development, trade policy as well as anti-corruption efforts. Since the first review of Kazakhstan, in 2012, the authorities have made strides in opening the country to international investment and in improving the policy framework for investment as part of their efforts to diversify the economy to avoid continued overreliance on oil. Additional policy measures are nevertheless required to create a stimulating environment for investment if the government wants to fulfil its goal of economic diversification and sustainable development.
The Guidance is intended to offer host governments the tools they need to assemble and manage a multidisciplinary team, and engage effectively in extractive contract negotiations. The Guidance aims to help governments to put in place recommended processes and identify the skills that governments may need to prepare for and conduct effective contract negotiations. This Guidance further suggests ways to ensure coordination within government and better integration between government officials and expert advisers. Annexed to this Guidance is a Terms of Reference Template that governments may use to recruit and to monitor external advisers engaged during extractive contract negotiations. The Template can also be utilised by support providers who recruit external advisers on behalf of governments for the same purpose. While recognising that human and institutional capacity building is a long-term endeavour, the Guidance suggests, wherever possible, practical ways to capture and retain the necessary soft and technical skills for successful negotiations.
This book synthesises recent work by the OECD analysing services trade policies and quantifying their impacts on imports and exports, the performance of manufacturing and services sectors, and how services trade restrictions influence the decisions and outcomes of firms engaged in international markets. Based on the OECD Services Trade Restrictiveness Index (STRI) - a unique, evidence-based tool that provides snapshots of regulations affecting trade in services in 22 sectors across 44 countries (representing over 80% of global trade in services) - the analysis highlights the magnitude, nature and impact of the costs entailed by restrictive services trade policies. The new evidence uncovered is meant to inform trade policy makers and the private sector about the likely effects of unilateral or concerted regulatory reforms and help prioritise policy action.
Please consult oe.cd/stri for further information and access to the STRI interactive online tools.