Global Value Chains (GVCs) have exploded in the past decade and refer to the international dispersion of design, production, assembly, marketing and distribution of services, activities, and products. Different stages in the production process are increasingly located across different economies, and intermediate inputs like parts and components are produced in one country and then exported to other countries for further production and/or assembly into final products. The functional and spatial fragmentation that has occurred within GVCs has significantly reshaped the global economic landscape, thereby raising some new major policy challenges for OECD countries and emerging countries alike: trade policy, competitiveness, upgrading and innovation and the management of global systemic risk.
China is increasingly interested in further advancing its investment co-operation with the OECD. This is in large part due to the fact that China wants to attract more "quality" foreign direct investment (FDI) from OECD-based companies and the perception that the OECD could provide useful best policy practices and experiences for China.
During the past decade, the Mexican government has put into place a strong policy framework for the promotion of small and medium-sized enterprises (SMEs) and entrepreneurship. It has created a sequence of policy support running from the development of new entrepreneurs, micro-enterprises, SMEs and gazelles to the stimulation of linkages between SMEs and so-called 'tractor' firms. New co-ordination arrangements have also been created across government ministries and among national and state governments to increase the coherence and integration of their programmes. This publication takes stock of this progress and assesses the opportunities for further strengthening of the Mexican economy through SMEs and entrepreneurship. It shows that the framework conditions are generally good in Mexico, and have improved in recent years thanks to reforms such as regulatory simplification, the expansion of the national loan guarantee programme, and the inclusion of the micro-enterprise sector as a target of the public support system. At the same time, more can be done to shift entrepreneurs into the formal business sector and to develop more medium-sized companies able to innovate and trade internationally. There is also scope to improve the process of delivering the highest quality and most relevant policy support to beneficiary enterprises by simplifying the rules and operations of the SME Fund, developing the professional capacities of the staff and consultants who provide business development services and using available company-level data for the purposes of policy evaluation.
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This is a consolidated report covering investment measures taken between 15 February 2008 and 15 February 2013. The present report was prepared for the Freedom of Investment Roundtable 18 held on 20 March 2013.
This paper reviews the evidence on emerging thinking and new trends in the sphere of industrial policy. Using a broad and inclusive definition of industrial policy, it proposes a new typology based on the orientation of policy and the policy domain and a framework based on growth accounting, which parallels the evolution of thinking about the rationale for industrial policy interventions.
This policy paper provides new evidence on the link of labour market regulation, bankruptcy legislation, financial market development and R&D support policies with growth dynamics. The study goes beyond looking at differences in average growth rates as it analyses changes in the whole distribution of firms.
The Tanzanian government, in partnership with the OECD and NEPAD, has undertaken a review of its investment policies to support its national strategy for economic reform and to improve the business climate and attract more investment in key sectors, such as infrastructure and agriculture. This page describes the review process.
A list of statements or press releases issued by National Contact Points relating to specific instances which have arisen in the implementation of the Guidelines for Multinational Enterprises until July 2013.
High-growth firms (HGFs) – firms able to grow fast over a short period of time – contribute to most new jobs in advanced economies.
Although the market for green goods and services is growing, the development of new business models is affected by a range of barriers, many of which can be addressed by well-designed policies.