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Forum 2016 Issues: International collaboration

 

© Shutterstock / Lightspring2015 provided a historic opportunity to set the objectives needed to eradicate poverty, promote more inclusive societies, address climate change, and provide the financing to implement these global goals.


Forum 2016 was an opportunity to discuss implementation, best ways to monitor and manage progress, and how better collaboration is needed to ensure that the SDGs, COP21 and international tax rules (Base Erosion and Profit Shifting) are effectively implemented.


Discussions focused on the BEPS Inclusive framework and its essential role in ensuring inclusive rules, addressing inequality and providing the essential financing to implement new global development goals.


With an expected global population of 9 billion by 2030, including 3 billion middle-class consumers, future consumption demand will create unprecedented pressure on natural resources. The Forum reflected on the importance of the “circular economy” in decoupling economic growth and job creation from the use of natural resources.


Turning the ambition of the SDGs into reality will require robust data to capture progress, ensure effective monitoring and provide evidence to inform decision making. To implement the 2030 Agenda for Sustainable Development, the OECD is helping countries track progress in areas such as

  • trust
  • health inequalities
  • green growth
  • income and consumption inequality
  • job quality



The actions taken by cities and their mayors were again be given a special focus, as cities are excellent incubators for innovative policies, tackling issues from migration to climate change.


The Forum also includes discussions addressing underperforming trade and investment, in order to stimulate productivity and innovation throughout the global economy. The challenge is to trigger a new wave of badly needed investment. It is about building the necessary frameworks and the right incentives:

  • designing predictable and stable regulatory environments
  • addressing barriers to trade
  • making financial systems more resilient and supportive of real economic activity



Finally, OECD Week and the Forum included a focus on the Latin American and Caribbean region, with the launch of the new regional programme. An emphasis on Asia and China was also included building on Japan’s chairmanship of the G7 and China’s chairmanship of the G20 in 2016.

 

 Monitoring and implementation

Boosting trade and investment

 

Global, regional and local OECD



further information

  • FGV Projetos
    Brazil Macroeconomic Overview, May 2016

 

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