International investment spurs prosperity and economic development in home and recipient countries. Policy coordination helps governments resist protectionist pressures and to develop effective policies to respond to genuine concerns raised by international investment.
The Freedom of Investment process, an intergovernmental forum hosted since 2006 by the OECD Investment Committee, brings together some 55 governments from around the world to exchange information and experiences on investment policies at regular roundtables (Roundtable summary reports). Here, governments develop guidance for open, transparent and non-discriminatory investment policies. Unbiased policy monitoring and analysis support accountability and frank and open exchange.
Setting standards and developing guidelines
Co-operation requires common understanding of policy measures and objectives. The Freedom of Investment roundtables foster this understanding by developing standards that reflect partners’ expectations and good policy practices. These standards promote openness, transparency and non-discrimination and responsible conduct by both governments and investors.
Investment policy monitoring
Informed dialogue on investment policy requires unbiased, comprehensive and reliable information. Independent policy monitoring by the OECD provides policymakers and investors with up-to-date information on the preparation or introduction of new policies in countries that take part in the process.
Acknowledging the roundtables’ established investment policy monitoring, G20 Leaders gave OECD a mandate to track policy developments and to report, with WTO and UNCTAD, on observance of G20 commitments to openness.
Research and analysis
Research and comparative analysis help to foster better policy design and implementation.
Investment treaties as corporate law: Shareholder claims and issues of consistency, OECD Working Papers on International Investment, No. 2013/3
Investor-state dispute settlement: A scoping paper for the investment policy community, OECD Working Paper on International Investment, No. 2012/3
Dispute settlement provisions in international investment agreements: A large sample survey, OECD Working Paper on International Investment, No. 2012/2
Environmental concerns in international investment agreements: a survey, OECD Working Paper on International Investment, No. 2011/1
Identification of foreign investors: A fact finding survey of investment review procedures, May 2010
Responsible investment in agriculture, May 2010
Foreign state immunity and foreign government controlled investors, April 2010
Security-Related Terms in International Investment Law and in National Security Strategies, 2009
Foreign government-controlled investors and recipient country investment policies: a scoping paper, 2009
Competition law and foreign-government controlled investors, 2009
Accountability for security-related investment policies, 2008
Protection of 'critical infrastructure' and role of investment policies relating to national security, 2008
Transparency and predictability for investment policies addressing essential security interests: a survey of practices, 2008
Proportionality of security-related investment instruments: A survey of practices, 2008
Competition, international investment and energy security, 2008
Economic and Other Impacts of Foreign Corporate Takeovers in OECD Countries, 2007
Essential Security Interests under International Investment Law, 2007