The Capital Movements Code provides a balanced framework for capital account openness. It is the only multilateral legal instrument with comprehensive coverage of capital movements. This includes inflows and outflows, long-term and short-term operations.
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Presented to G20 Finance Ministers and Central Bank Governors in September 2015, this document provides an update on progress in cooperation on respective approaches to measures that are both macro-prudential measures (MPMs) and capital flow management measures (CFMs).
I am particularly pleased to introduce this session of the Ministerial as boosting investment in human resources is a key pillar of a successful strategy to foster the G20 inclusive growth agenda. The G20 Skills Strategy, in this regard, is a very timely initiative.
In 2014, many countries implemented the latest international guidelines for compiling FDI statistics. The new standards have resulted in significant changes in FDI statistics, including new measures of FDI at the global level.
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This brochure explains the major changes introduced in the OECD’s 4th Benchmark Definition of Foreign Direct Investment (FDI), which saw widespread implementation in 2014, and assesses the impact on FDI statistics.
Public-private partnerships (PPPs) can play an important role for inclusive and sustainable growth in Tunisia. Towards this end the Government of Tunisia is working with the OECD to operationalise the country's forthcoming PPP law, designed to promote transparency, efficiency and effectiveness of public spending, and to help the government of Tunisia meet its public policy objectives.
Most businesses are good. They pay their taxes, they create employment, they abide by the laws, and they generally contribute to the societies in which they operate. But what can be done when businesses behave badly? This blog discusses the National Contact Points, the unique grievance mechanism of the OECD Guidelines for Multinational Enterprises, and how could be improved to better fulfill their potential.
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There is scope to further improve South Africa’s investment climate. Investors cite concerns such as frequent policy changes, uncertainty of regulation, and corruption as limiting factors. In addition, recent electricity shortages are likely to be weighing on private investment.
The Southern African Development Community (SADC) partnered with the OECD in 2013 to create an Investment Policy Framework (IPF) specific to the SADC region. The framework is now been finalised and this meeting set the implementation priorities for SADC member states over the coming months.
There is strength in unity but when it comes to regional co-operation to enhance development, this lesson can be lost. This blog post examines how regions such as the Southern African Community for Development (SADC) and the Association of Southeast Asian Nations (ASEAN) use the Policy Framework for Investment to enhance their investment policies and to attract investment that works for the development of the region as a whole.