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Foreign direct investment (FDI) is an integral part of an open and effective international economic system and a major catalyst to development. Yet, the benefits of FDI do not accrue automatically and evenly across countries, sectors and local communities. National policies and the international investment architecture play an important part in attracting FDI to a larger number of developing countries. It is the responsibility of the host countries to put in place a transparent, broad and enabling investment policy environment and to reinforce the human and institutional potentials necessary for such an environment.
With most FDI flows originating in OECD countries, developed countries can contribute to advancing this agenda. They can facilitate the access of developing countries to international markets and technology, and ensure policy coherence for development more generally; encourage non-OECD countries to integrate further into rules-based international frameworks for investment; actively promote the OECD Guidelines for Multinational Enterprises, together with other elements of the OECD Declaration on International Investment; and share with non-members the peer review-based approach to building investment capacity.
This publication provides a comprehensive review of the issues related to the impact of FDI on development as well as to the policies needed to maximise the benefits.
The OECD has actively promoted progressive liberalisation of current and capital account operations among its members for over 40 years. Since 1961, OECD countries have engaged in the opening of capital accounts, guided by the provisions and implementation procedures embodied in a unique multilateral instrument: the Code of Liberalisation of Capital Movements. While full freedom of capital movements was achieved by most OECD members more than a decade ago, and in some even earlier, new members (Korea, Mexico, Poland, the Czech Republic, Hungary and the Slovak Republic) have only recently attained the same level of liberalisation.
This account of the accumulated OECD experience with capital account liberalisation provides timely and valuable reading for policy makers, academics and financial practitioners alike. Timely, as the debate on the pros and cons of external financial liberalisation by emerging markets is very active at the present juncture. Valuable, because the OECD experience clearly demonstrates the benefits of open capital accounts, as vouched for by the reluctance of its members to resort to restrictions on capital flows -- even in times of financial turmoil.
The internationally recognized methodology for collecting and using R&D statistics, the Frascati Manual is an essential tool for statisticians worldwide. It includes definitions of basic concepts, data collection guidelines, and classifications for compiling statistics. This updated edition contains improved guidelines adjusted for changes in OECD economies, including measurement of service-sector R&D, R&D globalisation, and R&D human resources.
In most IEA Member countries, natural gas demand varies strongly during the year, according to temperature. Flexibility is needed to cover seasonal swings and variations in gas demand, especially for household customers. This book analyses how new flexibility tools and mechanisms are developing with market liberalisation and with the evolution of supply and demand trends. It highlights differences in flexibility requirements and provisions among IEA Member countries.
In most OECD countries, farm household incomes figure prominently among the wide and growing range of concerns described as motivating policy interventions in agriculture. The first part of this report provides an overview of the income situation of farm households and examines the influence of agricultural and of tax and social security policies on them. The second part investigates more specifically how efficient some of the most commonly used policy interventions are at transferring income to farm households.
This book presents a method to develop financing strategies for investment-heavy environmental infrastructure, such as urban water supply, wastewater collection and treatment, and municipal solid waste. The strategies, supported by the FEASIBLE computer model, were developed in several countries of Eastern Europe, Caucasus and Central Asia (EECCA), in EU accession countries and China. This approach focuses on the importance of realism, affordability and the cost-effective use of resources in achieving infrastructure development and environmental goals.
“Too much red tape” is a common complaint from businesses and citizens in OECD countries. This report analyses proven approaches commonly adopted by governments to reduce and streamline administrative procedures like one-stop shops (physical and electronic), simplification of permits and licence procedures, time limits for decision-making, methods to measure administrative burdens, regulatory-compliance assistance for small and medium-size companies, and increasing reliance on IT-based solutions.
Transport policy may well have reached a turning point. New incentives, new pricing, and new instruments to better manage investment and demand are required. This publication outlines a number of strategic directions for transport policy in the coming years. It also contains a summary paper presented at the 87th ministerial session which also marked the ECMT 50th anniversary.
Foodborne disease caused by microbiological hazards and chemical contaminants continues to be a growing public health concern, according to the World Health Organisation. This report provides information on the incidence and costs of foodborne disease, which represent a significant economic burden on consumers, the food industry and governments. There is a need to improve interdisciplinary approaches in order to better understand public health issues and their economic consequences. This will also allow policy makers to design appropriate prevention strategies to lower the risk
Foreign Direct Investment Statistics: How Countries Measure FDI shows progress in recent years in moving toward compilation in accordance with international standards that have been established by the International Monetary Fund (IMF) and the Organisation for Economic Co-operation and Development (OECD).
This report also provides information on the current practices regarding the statistical measurement of FDI of 61 countries, with the aim of improving users’ understanding of the methodology applied for compiling the data.
This book gathers the proceedings of an OECD Workshop that took place in April 2004 in Paris, on Illegal, Unreported and Unregulated (IUU) fishing -- a worldwide problem which is increasing in scale. The aim of the workshop was to better understand the social and economic factors that drive IUU fishing in order to identify more effective methods to combat this evil and propose new ways to deal with it.
This study features a collection of eight case studies of exemplary cases from secondary schools as well as international literature reviews and policy analysis related to formative assessment – the frequent assessments of student progress to identify learning needs and shape teaching. It examines such issues as benefits and barriers for using formative assessment, policy frameworks and implications, and formative assessment in practice. Achievement gains attributed to formative assessment are reported as being quite high, but it is not yet practiced systematically. This book makes the case for use of formative assessment and shows how it can be put into practice.
This book presents the results of the project on Young Adults with Low Levels of Education, conducted jointly by the OECD and the Canadian Policy Research Networks. It examines the extent to which young men and women with low levels of education are marginalised, the role family background plays in making it possible to complete the recognised minimal level of education, and how immigrants overcome the cultural and language gaps to find employment.
The engines of economic growth in Russia remain concentrated in industries dependent on exports of raw commodities. To achieve sustainable long-term growth, Russia needs to diversify its economic activities, and boosting innovation needs to be a central objective of the diversification. This book assesses the strengths and weaknesses of the Russian innovation system and formulates concrete policy recommendations with a focus on public-private partnerships.
This book presents the outcomes of a review of legal and institutional frameworks for fighting corruption in Ukraine, which was carried out in the framework of the Anti-Corruption Network for Transition Economies based at the OECD. The review examined national anti-corruption policy and institutions currently in place in Ukraine, national anti-corruption legislation, and preventive measures to ensure the integrity of civil service and effective financial control. This publication contains the recommendations as well as the full text of the self-assessment report provided by the government of Ukraine.
This book presents the outcomes of a review of legal and institutional frameworks for fighting corruption in Tajikistan, which was carried out in the framework of the Anti-Corruption Network for Transition Economies based at the OECD. The review examined national anti-corruption policy and institutions currently in place in Tajikistan, national anti-corruption legislation, and preventive measures to ensure the integrity of civil service and effective financial control. This publication contains the recommendations as well as the full text of the self-assessment report provided by the government of Tajikistan.
This book presents the outcomes of a review of legal and institutional frameworks for fighting corruption in the Kyrgyz Republic, which was carried out in the framework of the Anti-Corruption Network for Transition Economies based at the OECD. The review examined national anti-corruption policy and institutions currently in place in the Kyrgyz Republic, national anti-corruption legislation, and preventive measures to ensure the integrity of civil service and effective financial control. This publication contains the recommendations as well as the full text of the self-assessment report provided by the government of the Kyrgyz Republic.
This book presents the outcomes of a review of legal and institutional frameworks for fighting corruption in Georgia, which was carried out in the framework of the Anti-Corruption Network for Transition Economies based at the OECD. The review examined national anti-corruption policy and institutions currently in place in Georgia, national anti-corruption legislation, and preventive measures to ensure the integrity of civil service and effective financial control. This publication contains the recommendations as well as the full text of the self-assessment report provided by the government of Georgia.
This book presents the outcomes of a review of legal and institutional frameworks for fighting corruption in Armenia, which was carried out in the framework of the Anti-Corruption Network for Transition Economies based at the OECD. The review examined national anti-corruption policy and institutions currently in place in Armenia, national anti-corruption legislation, and preventive measures to ensure the integrity of civil service and effective financial control. This publication contains the recommendations as well as the full text of the self-assessment report provided by the government of Armenia.