In light of the fruitful discussions triggered by the initiative among OECD Member Countries, the OECD has decided to widen its scope of dialogue with stakeholders such as NGOs, parliaments, key partners and emerging economies.
The reflection on new economic thinking has evolved over the past six years in academic and wider civil society circles in the context of the crisis. A fundamental element for the long-term success and lasting impact of the project on NAEC is an ongoing dialogue with internal and external stakeholders that informs the process and therefore helps the OECD rethink its policy paradigm. This engagement has taken place since the start of the project (and even prior to the formal launch) through a number of channels:
- The NAEC Group: provides a platform to discuss the substance of the initiative and the draft papers developed by the Secretariat.
- Activites with Key Partner Countries: provide opportunities for Key Partner countries to contribute to the discussions that orient OECD work.
- NAEC Seminars: inform on the outcomes of NAEC Projects and discuss new tools and approaches with external speakers, many from academia.
- External consultations: dialogue with representatives from academia, think tanks, international civil society organisation (CSOs), business and trade unions.
NAEC Activities with Key Partner Countries
NAEC is reaching out to policy makers and experts in the Key Partner countries in order to discuss the analytical findings and key policy messages emerging from the flagship NAEC projects. In a series of meetings, NAEC is providing opportunities for Key Partner countries to contribute to the discussions that orient OECD work and its analytical approaches. These will also be opportunities for the OECD and its Secretariat to learn about Key Partner-led initiatives and policy responses to economic challenges resulting from the recent global crisis.
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Lu Feng
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China
NAEC held one event in China on 22 October 2014. A dialogue on NAEC between China and the OECD was hosted by the National School of Development (NSD) of Peking University. The dialogue focused on two NAEC strands of work: inclusive growth and the costs of environmental degradation.
The session on Inclusive Growth was chaired by Lu Feng, the Director of the China Macroeconomic Research Centre. OECD Secretariat staff presented work on inclusive growth based, inter alia, on a specific report prepared on China. Feedback from Chinese experts underlined the fruitful framework provided by the multidimensional living standard to discuss policy options and called to further expand it, particularly by adding housing as one critical dimension. Follow up event is planned in May-June 2015.
Related documentation:
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Rathin Roy
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India
NAEC held an event in New Delhi, India, on 24 February 2015 to introduce some key NAEC topics to local experts and policy makers and receive their feedback. The seminar was hosted by the National Institute of Public Finance and Policy (NIPFP), a think tank that works closely with the Ministry of Finance.
The director of NIPFP, Dr. Rathin Roy, presided over the event. The dialogue spanned over a wide set of topics. There was a discussion on the global and Indian challenges and changes ahead, led by the OECD Strategic Foresight unit.
Four key NAEC topics were presented:
The NAEC synthesis report was presented and discussed. The OECD presentations were well-received and some future opportunities for collaboration using micro-data and as well as joint work on SMEs were discussed. A fruitful exchange on the cost of environmental degradation and India’s priorities in this area helped refine OECD’s research efforts on the topic.
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Joaquim Levy
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Brazil
A NAEC discussion with senior policy makers was held in Brasília on 2 March 2015. The event was hosted by the Brazilian Ministry of Finance and opened by the Minister of Finance, Mr. Joaquim Levy.
Two NAEC topics were discussed in depth:
- productivity growth and finance, and
- investment in the long run.
Broader themes, such as multidimensional approaches to policy and environmental sustainability were also discussed. For more details, see selected Brazilian sources: Ministry of Finance of Brazil; Media 1; Media 2 |
NAEC External Consultations
A range of events have taken place since the start of the project with representatives from academia, think tanks, international civil society organisation (CSOs), business and trade unions from OECD Member countries and many Partner countries. Examples range from events with the Institute for New Economic Thinking, the Global Economic Symposium, the Observer Research Foundation, and the International Civil Society Centre to regular engagement with BIAC and TUAC.
NEW YORK CONSULTATION (January 2015)
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- 20 January: Workshop on “New Approaches to Sustainable Development at the OECD” at Columbia University.
- 21 January: Discussions with UN officials on analytical and policy responses to the economic crisis within the UN system and new approaches to measuring and meeting the Sustainable Development Goals (SDGs). [summary]
- 22 January: Dialogue with the Business Community on NAEC organised in collaboration with BIAC. [summary]
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| L-R: Rick Johnston (Citi), David Mallet and Tom Molitor (Wells Fargo), Mathilde Mesnard (OECD), Peter Robinson (USCIB) and William Hynes (OECD). |
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