The post financial crisis period has been associated with increased countercyclical use of various financial policies, including residency-based measures. This paper analyses in a single analytical framework the relative effectiveness of three types of financial policies – macroprudential (foundations), currency-based (fences), and residency-based measures (fire doors).
International investment is one of the main drivers of globalisation so sound policies towards investment are vital for world prosperity and stability. The OECD works with regions and economies around the world to help improve the investment climate.
For almost 60 years, the OECD Code of Liberalisation of Capital Movements has provided a balanced framework for allowing countries to progressively remove barriers to the movement of capital, while providing flexibility to cope with situations of economic and financial instability. A review of the Code was adopted in 2019 to strengthen the instrument and respond to new financial stability challenges.
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29/04/2019- Los flujos de IED hacia los principales países de Latinoamérica y Caribe (LAC) experimentaron en 2018 una caída menor que en el mundo y que en la OCDE, de 6%, a USD 137 billones. Este fue el segundo nivel más bajo desde 2009, en el peor momento de la crisis.
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29/04/2019 - FDI flows to major Latin American and Caribbean (LAC) countries fell less than at the global and OECD levels in 2018, by 6% to USD 137 billion. This was the second-lowest level recorded since 2009, at the height of the financial crisis.
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29/04/2019 – In 2018, global FDI flows decreased by 27% compared to 2017, to USD 1 097 billion. This represents 1.3% of global GDP, the lowest level since 1999. The drop was largely due to the 2017 US tax reform which prompted US parent companies to repatriate large amounts of earnings held at foreign affiliates.
25/04/2019-Global value chains (GVCs) have sharpened the interdependencies between trade and foreign direct investment (FDI). Using a novel micro-level dataset covering about 27 000 corporate relationships of 147 multinational enterprises (MNEs) in 13 sectors, new evidence is provided on how firms organise their production globally by combining trade with investment, and on a range of non-equity, contract-based partnerships.
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This paper synthesises research on business investment, the Sustainable Development Goals, and recent investment trends in developing countries. It is a contribution to the OECD initiative on the Global Outlook on Financing for Sustainable Development.
Paris, 11 March 2019 - Calls for a level playing field are a growing challenge for trade and investment treaty policy makers. Debates at the 5th annual OECD Investment Treaty Conference focused on how level playing field concerns interact with investment policy.