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This guide provides a framework to strengthen the role of development co-operation for mobilising foreign direct investment (FDI) and enhancing its positive impact in developing countries. The guide reviews a broad range of financial and technical solutions for enhancing the impact of FDI on sustainable development, and outlines ways donors can consider the impact of FDI on their strategies, thus supporting the design, implementation and monitoring of FDI-related assistance.
This report develops new indicators on the impacts of foreign direct investment (FDI) on sustainable development in host countries. Taking into account the country-specific context, policymakers can use FDI Qualities Indicators to assess how FDI supports national policy objectives, where challenges lie, and in which areas intervention is needed. The report includes indicators on five sustainability clusters: productivity and innovation, employment and job quality, skills, gender equality, and carbon footprint. This report is part of OECD’s efforts to enhance socio-economic impacts of private investment, in line with the Sustainable Development Goals (SDGs), and following a request of OECD Ministers related to the update of the OECD Policy Framework for Investment.
Foreign direct investment (FDI) is an important source of finance for governments looking to meet global commitments on sustainable development. But, beyond the quantity of FDI, its quality also matters. The FDI Qualities Policy Toolkit complements the OECD Policy Framework for Investment by providing more detailed and tailored guidance on priorities for policy and institutional reforms that can enhance the impacts of investment in four areas of the Sustainable Development Goals (SDGs): productivity and innovation, job quality and skills, gender equality, and decarbonisation.
Foreign direct investment (FDI) in Austria provides the knowledge and financial resources needed to stimulate the economy and sustainable development. In addition, the activities and employment practices of foreign affiliates of multinational enterprises influence the creation and quality of jobs, including for women. This report asseses gender equality and women's empowerment in the Austrian labour market. It then examines the impact of FDI on several dimensions of gender equality, including employment, wages, skills development, career progression and entrepreneurship. It also briefly explores areas for policy consideration.
This report provides an assessment of how foreign direct investment (FDI) contributes to Canada’s sustainable development, particularly in the areas of trade, productivity and innovation employment, job quality and skills, diversity and inclusion, and the low-carbon transition. It provides initial policy considerations on how investment promotion and facilitation can improve such impacts.
This report provides policy recommendations on how to strengthen the economic, social and environmental benefits of foreign direct investment (FDI). It provides an extensive assessment on how FDI contributes to Chile’s economic diversification into sustainable and knowledge-intensive activities (e.g. green hydrogen, information technology), and also assesses the policy and regulatory framework influencing the impact of FDI on sustainable development in Chile.
The FDI Qualities Review of Croatia provides policy recommendations on the design and implementation of a new strategic framework for investment promotion and facilitation in Croatia. It provides an assessment of how foreign direct investment (FDI) contributes to sustainable development, including productivity and innovation, job quality and skills development, decarbonisation and regional development. It also examines the institutional and policy framework for investment promotion and facilitation at national and subnational levels. It gives an overview of Croatia’s investment incentives regime, focusing on the effective design and implementation of tax incentives. The report indicates potential areas for institutional and policy reform to improve Croatia’s investment climate and strengthen the economic, social and environmental benefits of FDI.
Foreign Direct Investment (FDI) provides an important source of financing in Jordan but its reform momentum needs to be sustained and deepened so that the benefits of investment can be shared more widely across society. This report examines how FDI can help Jordan meet Sustainable Development Goals in areas of productivity and innovation, job quality and skills, gender equality and decarbonisation. It provides an overview of the country’s institutional framework for investment and sustainable development and analyses arrangements to ensure policy coordination, stakeholder consultation and evaluation of policy impacts. It also examines the mix of government policies that are currently in place to attract the investment that contributes to sustainable development, noting areas for priority policy reforms.
This report assesses how foreign direct investment (FDI) contributes to Tunisia’s sustainable development. It uses a wealth of national and international data sources to examine the contribution of FDI to productivity, innovation, job quality and skills development. The report also provides initial policy considerations to improve the impact of FDI on sustainable development in Tunisia.
This book illustrates Korea's experience with outward foreign direct investment (FDI) and shows that the ancillary benefits of such investment -- knowledge and management transfer, market acquisition and skills enhancement -- can be substantial for individual firms. Moreover, the resulting increased robustness of these enterprises contributes to the strength and stability of the economy as a whole. While it is true that inward FDI carries similar benefits, outward FDI -- driven by the prerogatives of the domestic company -- is integrated into existing business plans and strategies, and therefore constitutes a more active policy.
No experience is directly transferable, but the Korean case shows that there is a large potential for other emerging economies to gain from FDI flows and that the initial costs from lost internal investment are largely outweighed by the medium-term benefits.
This Profile Analysis Note (PAN) for Italy assesses the characteristics and employment barriers of working-age individuals with no or weak labour-market attachment. It is one of six such country notes in a joint EC-OECD project covering Estonia, Ireland, Italy, Lithuania, Portugal and Spain. The objective of this project is to provide a novel perspective on employment difficulties, and to aid in the identification of policy approaches to overcome them.
This Profile Analysis Note (PAN) for Lithuania assesses the characteristics and employment barriers of working-age individuals with no or weak labour-market attachment. It is one of six such country notes in a joint EC-OECD project covering Estonia, Ireland, Italy, Lithuania, Portugal and Spain. The objective of this project is to provide a novel perspective on employment difficulties, and to aid in the identification of policy approaches to overcome them.
This Profile Analysis Note (PAN) for Portugal assesses the characteristics and employment barriers of working-age individuals with no or weak labour-market attachment. It is one of six such country notes in a joint EC-OECD project covering Estonia, Ireland, Italy, Lithuania, Portugal and Spain. The objective of this project is to provide a novel perspective on employment difficulties, and to aid in the identification of policy approaches to overcome them.
The WTO plays an important role in supporting efforts to achieve international regulatory cooperation (IRC) and to facilitate trade. First, the WTO provides a multilateral framework for trade among its 164 members, with a view to ensuring that trade flows as smoothly, predictably and freely as possible. Second, the WTO’s Agreements provide important legal disciplines, helping to promote good regulatory practice and IRC at the domestic level as a means of reducing unnecessary barriers to trade.
This publication highlights how the WTO’s Agreements on Technical Barriers to Trade (TBT) and on the Application of Sanitary and Phytosanitary Measures (SPS) and the work of their related Committees promote opportunities for regulatory cooperation among governments and ease trade frictions. It demonstrates how members’ notification of draft measures, harmonisation of measures with international standards, discussion of specific trade concerns and other practices help to facilitate global trade in goods. The study also makes recommendations on how to benefit further from the transparency and cooperation opportunities provided by the TBT and SPS Agreements.
This toolkit provides governments with policy guidance across three areas – regulatory tools, financial tools, and information tools – to help SMEs in the ASEAN Member States enhance their environmental performance and economic competitiveness. In each of these three areas, approaches are highlighted that focus on supporting cost-effective measures that enhance competiveness. Chapter 3 of this report also provides a series of quick and digestible messages about the benefits of greener practices for both SMEs and for policy makers, and their respective roles in this process. This toolkit aims to distil the lessons learned through the OECD’s work on greening SMEs in other regions, notably the six countries of the Eastern Partnership region, while drawing upon the experiences of other OECD member states and ongoing actions taking place in ASEAN Member States.
To support Mexico’s supreme audit institution, the ASF (Auditoría Superior de la Federación), in fulfilling its mandate, this report analyses good practices in OECD countries for incorporating governance issues into public works audits. It provides examples and assesses different strategic considerations for ASF’s infrastructure audit organisation and practices, including objectives and resources. Finally, it analyses infrastructure auditing practices in the context of emergencies.
This study assesses the use of economic instruments for water resources management in Georgia and considers options for reform following the 2014 signature of an Association Agreement with the EU committing to alignment with the EU’s Water Framework Directive. This includes the systematic use of economic instruments, including water pricing, to recover the cost of water services provided to households, industry and farmers, among other measures.
Three main economic instruments are recommended in this study: 1) the introduction of a licensing regime and charges for both surface water and groundwater abstraction, 2) the restoration of a licencing and charging regime for all forms of water pollution, and 3) more rigorous enforcement of these measures, including more active monitoring and higher fines for offenders. Implementing these measures will be greatly facilitated by the enactment of the new Water Law now being examined by the government of Georgia.
Illicit financial flows (IFFs) have a cross-cutting nature and involve a diversity of crimes and offences transcending tax evasion, such as money laundering, terrorism financing and corruption. It is thus highly important for jurisdictions to adopt a whole-of-government approach to addressing them, notably through the sharing of information from tax to nontax authorities, which can include information exchanged under international tax agreements. This latter process is also known as the “wider use of treaty-exchanged information”. Wider use is envisaged by various international tax agreements, bilateral and multilateral, provided that certain conditions are met, usually where a similar use for non-tax purposes is allowed at the domestic level in both collaborating jurisdictions and where prior authorisation is granted by the jurisdiction providing the information. While several jurisdictions are interested in developing this form of co-operation as part of their whole-of-government approach to fighting IFFs, in practice they face operational challenges in implementing wider use, in particular with respect to the need to obtain consent from the jurisdiction providing the information.
Korea faces an extraordinary ageing challenge. Korea will age much faster than other OECD countries: in 2000, about 7% of Korea’s population were over 65; in 2050, senior citizens will constitute about 37% of Korea’s population. Population ageing will unfold at high speed, firstly because of the dramatic increase in life expectancy from just over 52 years in 1960 to over 77 years in 2004. a major cause of this was the spectacular decrease in infant mortality rates from 45 infants per 1000 live births in 1970 to 5.3 in 2002. The second cause of population ageing is the sharp decline in birth rates from close to 3 children per woman in 1975 to less than 1.2 in 2004. Reduced child mortality rates and increased life expectancy are indicators of the success of the Korean economy and society. However, the decline in fertility rates in Korea is evidence of strains in society which will damage prosperity in the future.
Population ageing on this scale will inevitably lead to a huge increase in spending on old-age income support and health care, and will also require the development of a public family policy which supports the reconciliation of work and care commitments of workers. To successfully meet the ageing challenge, the OECD believes that three policy objectives must be targeted. First, the decline in the working-age population needs to be slowed. Second, working opportunities need to be extended. Third, affordable and sustainable pension and health care policies must be implemented. This volume looks at existing Korean family, health and pension policies from an international perspective, considers them in view of the emerging policy challenges, and outlines some of the policy options that are available to policy makers in Korea.
This document contains a set of 15 fact cards on major groups of per- and polyfluoroalkyl substances (PFASs). The fact cards aim to provide non-expert stakeholders a quick initial glance into these groups of PFASs with some basic information on: (1) chemical identities, synthesis and inherent properties such as bioaccumulation and transformation, (2) historical and ongoing industrial practices and commercial uses of some major commercial products, (3) regulatory status, (4) examples of reported occurrences in the environment and humans, and (5) major knowledge gaps in terms of previous sections. The fact cards also provide references where interested readers may find additional information; note that due to the fast-moving nature of the science and knowledge on PFASs, the listed references are by no means complete. For information and practical guidance on the use of terminology in regard to PFASs, readers are referred to the OECD PFAS Terminology report.