In July 2020, the Investment Committee recommended to Council to invite Uruguay to become the 50th adherent to the OECD Declaration on International Investment and Multinational Enterprises. This OECD Investment Policy Review of Uruguay documents the progress made in recent years to align investment policies with the national development strategy in pursuit of the Sustainable Development Goals (SDGs). The Review also assesses remaining challenges in improving the business climate, in particular the actions needed to establish an enabling responsible business environment and ensure full application of the Declaration. Uruguay’s success in attracting more and better investment will make its economy more resilient and better prepared to accelerate the recovery after COVID-19.
Find out more at: https://www.oecd.org/investment/oecd-investment-policy-reviews-uruguay-1135f88e-en.htm
This presentation by Germán Zarama (OECD Responsible Business Conduct Centre) was delivered during the launch of the OECD Investment Policy Review of Uruguay on 12 July 2021.
Find out more at: https://www.oecd.org/investment/oecd-investment-policy-reviews-uruguay-1135f88e-en.htm
This presentation by Gioia de Melo (OECD Centre for Tax Policy and Administration) was delivered during the launch of the OECD Investment Policy Review of Uruguay on 12 July 2021.
Find out more at: https://www.oecd.org/investment/oecd-investment-policy-reviews-uruguay-1135f88e-en.htm
The 2020 OECD Investment Policy Review of Indonesia presents an assessment of the investment climate in Indonesia and provides recommendations to support the government in its ongoing reform efforts. The Review places great emphasis on measures to build a sound, transparent and responsible investment environment to support a resilient economic recovery from the COVID-19 pandemic. Find out more at http://www.oecd.org/investment/oecd-investment-policy-reviews-indonesia-2020-b56512da-en.htm
This presentation shows the main findings from an OECD publication that takes stock of investment policy trends and reforms in Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia, and draws out common challenges, offering suggestions of reform priorities. Find out more at http://www.oecd.org/investment/middle-east-and-north-africa-investment-policy-perspectives-6d84ee94-en.htm
Thailand has had a remarkable economic development trajectory over the past 60 years and foreign direct investment (FDI) has been pivotal in this success. Thailand was one of the first movers in opening up to manufacturing FDI and in establishing proactive investment promotion and facilitation policies. While challenges remain in some areas of responsible business conduct, there is strong political will to address them. Thailand aspires to become a high-income economy by 2037 by upgrading to a value based green economy. Inward FDI will play a prominent role in achieving this goal but this requires a concerted effort to reform the investment climate to remain an attractive host to foreign investment and to benefit fully from that investment. While the COVID-19 crisis might temporarily delay progress, the policy recommendations in this Investment Policy Review of Thailand draw attention to potential reform priorities to help Thailand fulfil its development ambitions aligned with the Sustainable Development Goals and to contribute to a more inclusive and sustainable recovery from the pandemic.
Find out more at: http://www.oecd.org/investment/oecd-investment-policy-reviews-thailand-2020-c4eeee1c-en.htm
This presentation describes the key findings from the OECD investment policy review of Mauritius and how the Mauritius government is implementing the policy reforms suggested in the review.
Nirmala Jeetah of the Mauritius Board of Investment presented and discussed the Mauritian experience of using the Policy Framework for Investment (PFI) to assess its investment climate with SADC member states in Pretoria on 4 July 2014 at the 2nd meeting of the Task Force on updating the PFI.
Find out more about the investment policy review of Mauritius and the Policy Framework for Investment at http://www.oecd.org/daf/inv/investment-policy/mauritius-investment-policy.htm and http://www.oecd.org/investment/pfi.htm
This presentation presents the main findings from the 2020 OECD Investment Policy Review of Myanmar. This publication will be launched at a virtual event in the presence of Myanmar's Union Minister for Investment and Foreign Economic Relations. The launch was followed by a high-level panel discussion on “Attracting quality investment and building resilience through responsible business conduct and international labour standards". http://www.oecd.org/investment/oecd-investment-policy-reviews-myanmar-2020-d7984f44-en.htm
A strong corporate governance framework is essential for MENA economies as they strive to boost economic growth, strengthen competitiveness and build prosperous societies. The G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises are a reference in order to build such a framework. This report assesses the corporate governance landscape in the MENA region by identifying challenges and proposing policy options for reform. The findings of the report are based on an analysis of policies and practices in four thematic areas: boosting access to finance and capital markets, improving transparency and disclosure, achieving gender balance in corporate leadership and enhancing the governance of state-owned enterprises in MENA. Overall, the report finds that MENA economies have made progress in strengthening corporate governance frameworks in recent years, but that the region still faces challenges in adopting and implementing corporate governance measures that support economic efficiency, sustainable growth and financial stability.
This presentation by Germán Zarama (OECD Responsible Business Conduct Centre) was delivered during the launch of the OECD Investment Policy Review of Uruguay on 12 July 2021.
Find out more at: https://www.oecd.org/investment/oecd-investment-policy-reviews-uruguay-1135f88e-en.htm
This presentation by Gioia de Melo (OECD Centre for Tax Policy and Administration) was delivered during the launch of the OECD Investment Policy Review of Uruguay on 12 July 2021.
Find out more at: https://www.oecd.org/investment/oecd-investment-policy-reviews-uruguay-1135f88e-en.htm
The 2020 OECD Investment Policy Review of Indonesia presents an assessment of the investment climate in Indonesia and provides recommendations to support the government in its ongoing reform efforts. The Review places great emphasis on measures to build a sound, transparent and responsible investment environment to support a resilient economic recovery from the COVID-19 pandemic. Find out more at http://www.oecd.org/investment/oecd-investment-policy-reviews-indonesia-2020-b56512da-en.htm
This presentation shows the main findings from an OECD publication that takes stock of investment policy trends and reforms in Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Authority, and Tunisia, and draws out common challenges, offering suggestions of reform priorities. Find out more at http://www.oecd.org/investment/middle-east-and-north-africa-investment-policy-perspectives-6d84ee94-en.htm
Thailand has had a remarkable economic development trajectory over the past 60 years and foreign direct investment (FDI) has been pivotal in this success. Thailand was one of the first movers in opening up to manufacturing FDI and in establishing proactive investment promotion and facilitation policies. While challenges remain in some areas of responsible business conduct, there is strong political will to address them. Thailand aspires to become a high-income economy by 2037 by upgrading to a value based green economy. Inward FDI will play a prominent role in achieving this goal but this requires a concerted effort to reform the investment climate to remain an attractive host to foreign investment and to benefit fully from that investment. While the COVID-19 crisis might temporarily delay progress, the policy recommendations in this Investment Policy Review of Thailand draw attention to potential reform priorities to help Thailand fulfil its development ambitions aligned with the Sustainable Development Goals and to contribute to a more inclusive and sustainable recovery from the pandemic.
Find out more at: http://www.oecd.org/investment/oecd-investment-policy-reviews-thailand-2020-c4eeee1c-en.htm
This presentation describes the key findings from the OECD investment policy review of Mauritius and how the Mauritius government is implementing the policy reforms suggested in the review.
Nirmala Jeetah of the Mauritius Board of Investment presented and discussed the Mauritian experience of using the Policy Framework for Investment (PFI) to assess its investment climate with SADC member states in Pretoria on 4 July 2014 at the 2nd meeting of the Task Force on updating the PFI.
Find out more about the investment policy review of Mauritius and the Policy Framework for Investment at http://www.oecd.org/daf/inv/investment-policy/mauritius-investment-policy.htm and http://www.oecd.org/investment/pfi.htm
This presentation presents the main findings from the 2020 OECD Investment Policy Review of Myanmar. This publication will be launched at a virtual event in the presence of Myanmar's Union Minister for Investment and Foreign Economic Relations. The launch was followed by a high-level panel discussion on “Attracting quality investment and building resilience through responsible business conduct and international labour standards". http://www.oecd.org/investment/oecd-investment-policy-reviews-myanmar-2020-d7984f44-en.htm
A strong corporate governance framework is essential for MENA economies as they strive to boost economic growth, strengthen competitiveness and build prosperous societies. The G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises are a reference in order to build such a framework. This report assesses the corporate governance landscape in the MENA region by identifying challenges and proposing policy options for reform. The findings of the report are based on an analysis of policies and practices in four thematic areas: boosting access to finance and capital markets, improving transparency and disclosure, achieving gender balance in corporate leadership and enhancing the governance of state-owned enterprises in MENA. Overall, the report finds that MENA economies have made progress in strengthening corporate governance frameworks in recent years, but that the region still faces challenges in adopting and implementing corporate governance measures that support economic efficiency, sustainable growth and financial stability.
This presentation outlines the investment policy review process that the government of Lao P.D.R. is undertaking in partnership with the the OECD and ASEAN as part of an active programme of investment policy reforms.
To find out more visit: http://www.oecd.org/daf/inv/investment-policy/viet-nam-investment-policy.htm
The Jordan Competitiveness and Investment project supports the Government of Jordan in strengthening the reform implementation capacity of selected institutions responsible for investment policy, promotion and services.
Session by Raffaele Russo, Head, BEPS Project, OECD Centre for Tax Policy and Administration, Meeting of the OECD Parliamentary Group on Tax, 19 Oct 2015
The BEPS Project and Developing Countries - From Consultation to ParticipationOECDtax
Taxation plays a central role in promoting sustainable development, and developing countries face significant challenges in developing their tax capacities and mobilising domestic resources. Engagement of developing countries in the international tax agenda, including on BEPS, is therefore important, in particular to ensure they receive appropriate support to address the specific challenges they face.
More information: www.oecd.org/tax/developing-countries-and-beps.htm
This presentation outlines the investment policy review process that the government of Viet Nam is undertaking in partnership with the the OECD and ASEAN as part of an active programme of investment policy reforms.
To find out more visit: http://www.oecd.org/daf/inv/investment-policy/viet-nam-investment-policy.htm
HDG - Base Erosion & Profit Shifting (BEPS) - Conceptual Analysis & Country b...Hitesh Gajaria
How Tax Authorities are Globally Coming Together to Combat the Digital Disruption
World's Largest Cab Co ... Owns No Cabs! - (Uber)
Largest Accommodation Provider .... Owns No Real Estate! (Airbnb)
World's Most Valuable Retailer .. Has No Inventory!
World's Largest Movie House ... Owns No Cinemas! (NetFlix)
Most Popular Media Owner .. Creates No Content! (Facebook)
The Policy Framework for Investment (PFI) is a non-prescriptive tool for improving investment policy for development. It helps governments to design and implement policy reforms to create a truly attractive, robust and competitive environment for domestic and foreign investment. The OECD is currently conducting a multi-stakeholder update of this instrument ensure its continued impact in a world that has significantly changed over the past seven years.
Find out more about the PFI and the update process at http://www.oecd.org/investment/pfi.htm
BEPS: Action #1 - Addressing the tax challenges of the digital economyAlex Baulf
No new taxes or recommendations unique to the digital economy were suggested by the Organisation for Economic Co-operation and Development (OECD) but the door is still open for unilateral safeguard actions.
Session by Simon Upton, Director, OECD Environment Directorate, 4 February 2016.
The session presented the outcomes of COP21, main challenges in implementing the Paris Agreement and implications for future policy priorities on climate. COP21 represents an important milestone in the international community’s fight against climate change, but the true measure of success will be in how countries implement the Paris Agreement to move to low-carbon growth. Meeting the ambition of the Paris Agreement will require effective policy alignment and cost-effective action to implement country emissions reduction commitments, and dynamism to ensure nationally determined contributions (NDCs) evolve to become more stringent over time. Governments will also need to undertake and strengthen adaptation measures to protect the most vulnerable, continue efforts to build greater transparency on progress towards NDCs and means of implementation, and scale-up climate finance resources, addressing residual methodological challenges on measuring, monitoring and tracking climate finance as they go.
Stephen Thomsen looks at investment climate reform in Southeast Asia and draws lessons for the update of the OECD Policy Framework for Investment currently underway. This presentation was made at the Southeast Asia Regional Forum in Bali, Indonesia, on 24-26 March 2014.
Find out more at http://www.oecd.org/daf/inv/investment-policy/seasia.htm - http://www.oecd.org/daf/inv/mne/pfi.htm - http://www.oecd.org/globalrelations/seaforum.htm
BEPS Webcast #4 - Presentation of 2014 DeliverablesOECDtax
As part of the official launch of the BEPS 2014 Deliverables, you are invited to join senior members from the OECD's Centre for Tax Policy and Administration (CTPA) for a live webcast on 16 September 2014 at 4:00PM (CEST, Paris time) as they discuss the details of the first set of deliverables, the involvement of developing countries, the input from stakeholders, as well as the planned next steps.
View the webcast: http://www.oecd.org/tax/beps-webcasts.htm
International Tax Planning after BEPS - A Country SpotlightTIAG_Alliance
The OECD initiative against “Base Erosion and Profit Shifting” was
commissioned by the G-20 in 2013. Final deliverables were presented to the G-20 in November 2015.
“Base Erosion and Profit Shifting (BEPS) refers to tax planning strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low or no-tax locations where there is little or no economic activity, resulting in little or no overall corporate tax being paid. BEPS is of major significance for developing countries due to their heavy reliance on corporate income tax, particularly from multinational enterprises (MNEs.)”
Creators and Presenters:
• Russell Brown, LehmanBrown, China
• Florence Bastin, Fiduciaire du Grand-Duché de
Luxembourg S.à r.l. (FLUX)
• Fabrice Rymarz, Racine, France
• Simone Hennessy, HSOC, Ireland
• Fuad Saba, FGMK, Chicago, USA (Moderator)
This presentation outlines the investment policy review process that the government of Lao P.D.R. is undertaking in partnership with the the OECD and ASEAN as part of an active programme of investment policy reforms.
To find out more visit: http://www.oecd.org/daf/inv/investment-policy/viet-nam-investment-policy.htm
The Jordan Competitiveness and Investment project supports the Government of Jordan in strengthening the reform implementation capacity of selected institutions responsible for investment policy, promotion and services.
Session by Raffaele Russo, Head, BEPS Project, OECD Centre for Tax Policy and Administration, Meeting of the OECD Parliamentary Group on Tax, 19 Oct 2015
The BEPS Project and Developing Countries - From Consultation to ParticipationOECDtax
Taxation plays a central role in promoting sustainable development, and developing countries face significant challenges in developing their tax capacities and mobilising domestic resources. Engagement of developing countries in the international tax agenda, including on BEPS, is therefore important, in particular to ensure they receive appropriate support to address the specific challenges they face.
More information: www.oecd.org/tax/developing-countries-and-beps.htm
This presentation outlines the investment policy review process that the government of Viet Nam is undertaking in partnership with the the OECD and ASEAN as part of an active programme of investment policy reforms.
To find out more visit: http://www.oecd.org/daf/inv/investment-policy/viet-nam-investment-policy.htm
HDG - Base Erosion & Profit Shifting (BEPS) - Conceptual Analysis & Country b...Hitesh Gajaria
How Tax Authorities are Globally Coming Together to Combat the Digital Disruption
World's Largest Cab Co ... Owns No Cabs! - (Uber)
Largest Accommodation Provider .... Owns No Real Estate! (Airbnb)
World's Most Valuable Retailer .. Has No Inventory!
World's Largest Movie House ... Owns No Cinemas! (NetFlix)
Most Popular Media Owner .. Creates No Content! (Facebook)
The Policy Framework for Investment (PFI) is a non-prescriptive tool for improving investment policy for development. It helps governments to design and implement policy reforms to create a truly attractive, robust and competitive environment for domestic and foreign investment. The OECD is currently conducting a multi-stakeholder update of this instrument ensure its continued impact in a world that has significantly changed over the past seven years.
Find out more about the PFI and the update process at http://www.oecd.org/investment/pfi.htm
BEPS: Action #1 - Addressing the tax challenges of the digital economyAlex Baulf
No new taxes or recommendations unique to the digital economy were suggested by the Organisation for Economic Co-operation and Development (OECD) but the door is still open for unilateral safeguard actions.
Session by Simon Upton, Director, OECD Environment Directorate, 4 February 2016.
The session presented the outcomes of COP21, main challenges in implementing the Paris Agreement and implications for future policy priorities on climate. COP21 represents an important milestone in the international community’s fight against climate change, but the true measure of success will be in how countries implement the Paris Agreement to move to low-carbon growth. Meeting the ambition of the Paris Agreement will require effective policy alignment and cost-effective action to implement country emissions reduction commitments, and dynamism to ensure nationally determined contributions (NDCs) evolve to become more stringent over time. Governments will also need to undertake and strengthen adaptation measures to protect the most vulnerable, continue efforts to build greater transparency on progress towards NDCs and means of implementation, and scale-up climate finance resources, addressing residual methodological challenges on measuring, monitoring and tracking climate finance as they go.
Stephen Thomsen looks at investment climate reform in Southeast Asia and draws lessons for the update of the OECD Policy Framework for Investment currently underway. This presentation was made at the Southeast Asia Regional Forum in Bali, Indonesia, on 24-26 March 2014.
Find out more at http://www.oecd.org/daf/inv/investment-policy/seasia.htm - http://www.oecd.org/daf/inv/mne/pfi.htm - http://www.oecd.org/globalrelations/seaforum.htm
BEPS Webcast #4 - Presentation of 2014 DeliverablesOECDtax
As part of the official launch of the BEPS 2014 Deliverables, you are invited to join senior members from the OECD's Centre for Tax Policy and Administration (CTPA) for a live webcast on 16 September 2014 at 4:00PM (CEST, Paris time) as they discuss the details of the first set of deliverables, the involvement of developing countries, the input from stakeholders, as well as the planned next steps.
View the webcast: http://www.oecd.org/tax/beps-webcasts.htm
International Tax Planning after BEPS - A Country SpotlightTIAG_Alliance
The OECD initiative against “Base Erosion and Profit Shifting” was
commissioned by the G-20 in 2013. Final deliverables were presented to the G-20 in November 2015.
“Base Erosion and Profit Shifting (BEPS) refers to tax planning strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low or no-tax locations where there is little or no economic activity, resulting in little or no overall corporate tax being paid. BEPS is of major significance for developing countries due to their heavy reliance on corporate income tax, particularly from multinational enterprises (MNEs.)”
Creators and Presenters:
• Russell Brown, LehmanBrown, China
• Florence Bastin, Fiduciaire du Grand-Duché de
Luxembourg S.à r.l. (FLUX)
• Fabrice Rymarz, Racine, France
• Simone Hennessy, HSOC, Ireland
• Fuad Saba, FGMK, Chicago, USA (Moderator)
Consultation with APEC Member states and World Bank at APEC-World Bank-Australia Workshop on Investment Promotion and Policy in Kuala Lumpur, 18-19 June 2019
This presentation by Fernando Mistura was made at the session "Integrating ASEAN firms into global value chains through investment" during the 2nd ASEAN-OECD Investment Policy Conference held on 10-11 December 2014.
Find out more at: http://www.oecd.org/daf/inv/investment-policy/2014-asean-oecd-investment-policy-conference.htm
Watch the launch of Strengthening FDI and SME Linkages in Portugal, held on 12 January 2022, featured opening remarks by by H.E. Pedro Siza Vieira, Minister of State for the Economy and Digital Transition, Portugal, and Yoshiki Takeuchi, Deputy Secretary-General, OECD. The event also featured expert contributions from the OECD, European Commission and Portuguese government officials.
The report found that while Portugal has a framework in place to encourage foreign firms and local SME collaboration, this now needs to be evaluated and also supported by regionally tailored approaches.
Explore the report at www.bitly.com/portugal-fdisme
When the global financial crisis broke out in 2008, G20 Leaders committed to resisting protectionism in all its forms at their 2008 Summit in Washington. At their subsequent summits in London, Pittsburgh, Toronto, Seoul, Cannes, Los Cabos, St Petersburg, Brisbane, Antalya and Hangzhou, they
reaffirmed their pledge and called on WTO, OECD, and UNCTAD to monitor and publicly report on their trade and investment policy measures. The present document is the sixteenth report on investment and investment-related measures made in
response to this call. It has been prepared jointly by the OECD and UNCTAD Secretariats and covers investment policy and investment-related measures taken in the five months between 16 May 2016 and 14 October 2016.
This presentation highlights the main findings of the report Mapping of Investment Promotion Agencies in OECD Countries. This publication provides a benchmarking and analysis of IPAs based on a comprehensive survey jointly designed with the Inter-American Development Bank.
The report was launched at the 3rd Meeting of the OECD Investment Promotion Agency (IPA) Network on 22 October 2018 in Paris France.
For more information please visit http://www.oecd.org/corruption/investment-promotion-and-facilitation.htm
Presentation by Christian Kastrop, Director, Policy Studies Branch, OECD Economics Department during OECD Global Parliamentary Network meeting on 2 October 2014.
G-20 Finance Ministers and Central Bank Governors agreed in February 2014 to develop policies able to "lift the G-20 collective GDP by more than 2% above the trajectory implied by current policies over the coming 5 years". To that end, G-20 countries have been developing comprehensive Growth Strategies, which will form the basis of a Brisbane Action Plan to be endorsed by Leaders in Brisbane in November. The OECD has contributed substantially to the definition of this target, identifying the areas where reforms would have the most positive impact on GDP. The OECD has also provided an assessment of the reform commitments in countries’ Growth Strategies in two rounds of review, helping to identify the scope for additional efforts to achieve the 2% objective.
Introduction to the Post-2015 Development Agenda from the World Bank with spe...SDGsPlus
Special High-Level Meeting of the ECOSOC with Bretton Woods Institutions, the WTO and the United Nations Conference on Trade and Development
New York, USA
April 2013
Session (Part 1) by Randall Jones, Head of Japan/Korea Desk, OECD Economics Department.
The growth of global value chains (GVCs) has increased the interconnectedness of economies. We understand that emerging economies in Southeast Asia play a pivotal role in the global economy. This session will provide you with the latest OECD analysis on the regional economy and on the key challenges it faces in light of regional integration.
International trade, which used to be a leading driver of economic growth, is now lagging behind, as world trade growth slowed down to around 2% in 2015. Two decades prior to the 2008 crisis, world trade growth annually registered at 7%. Many factors are at play – both cyclical and structural – but their effects are posing risks to the emerging and developing economies in Asia, where trade growth is currently relatively robust. Regional free trade agreements, notably the Trans-Pacific Partnership and the Regional Comprehensive Economic Partnership, will also influence trade in Asia, and will certainly have implications for the global value chains of specific industries, including in those countries not belonging to the new regional agreements. Strengthening regional ties by 2025 is one of Asia’s most important agendas. This can be made more effective by building on important and positive achievements through ASEAN, ASEAN+3 and ASEAN+6 and making greater efforts to improve co-ordination between regional and sub-regional initiatives and national agendas, reduce disparities in the region, move towards a “Global ASEAN” and strengthen monitoring capacity. Additionally, addressing issues of green growth, renewable energy and private sector development will be particularly important to Asia’s success in regional integration.
This presentation by Morris Kleiner (University of Minnesota), was made during the discussion “Competition and Regulation in Professions and Occupations” held at the Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found out at oe.cd/crps.
This presentation was uploaded with the author’s consent.
This presentation comprises highlights from the publication OECD Competition Trends 2024 published in Paris on 6 March 2024 during the OECD Competition Open Day. The full publication can be accessed at oe.cd/comp-trends.
This presentation by Cristina Camacho, Head of Cabinet and Head of International Relations, Portuguese Competition Authority, was made during the discussion “Use of Economic Evidence in Cartel Cases” held at the 22nd meeting of the OECD Global Forum on Competition on 8 December 2023. More papers and presentations on the topic can be found out at oe.cd/egci.
This presentation was uploaded with the author’s consent.
This presentation by William E. Kovacic, Global Competition Professor of Law and Policy and Director, Competition Law Center, The George Washington University, was made during the discussion “Ex-post Assessment of Merger Remedies” held at the 22nd meeting of the OECD Global Forum on Competition on 8 December 2023. More papers and presentations on the topic can be found out at oe.cd/eamr.
This presentation was uploaded with the author’s consent.
This presentation by John E. Kwoka, Neal F. Finnegan Distinguished Professor of Economics, Northeastern University, was made during the discussion “Ex-post Assessment of Merger Remedies” held at the 22nd meeting of the OECD Global Forum on Competition on 8 December 2023. More papers and presentations on the topic can be found out at oe.cd/eamr.
This presentation was uploaded with the author’s consent.
This presentation by Amelia Fletcher CBE, Professor of Competition Policy, University of East Anglia, was made during the discussion “Ex-post Assessment of Merger Remedies” held at the 22nd meeting of the OECD Global Forum on Competition on 8 December 2023. More papers and presentations on the topic can be found out at oe.cd/eamr.
This presentation was uploaded with the author’s consent.
This presentation by the OECD Secretariat was made during the discussion “Ex-post Assessment of Merger Remedies” held at the 22nd meeting of the OECD Global Forum on Competition on 8 December 2023. More papers and presentations on the topic can be found out at oe.cd/eamr.
This presentation was uploaded with the author’s consent.
This presentation by John Davies, Member, UK Competition Appeal Tribunal, was made during the discussion “Use of Economic Evidence in Cartel Cases” held at the 22nd meeting of the OECD Global Forum on Competition on 8 December 2023. More papers and presentations on the topic can be found out at oe.cd/egci.
This presentation was uploaded with the author’s consent.
This presentation by Simon Roberts, Professor, Centre for Competition, Regulation and Economic Development, University of Johannesburg, was made during the discussion “Use of Economic Evidence in Cartel Cases” held at the 22nd meeting of the OECD Global Forum on Competition on 8 December 2023. More papers and presentations on the topic can be found out at oe.cd/egci.
This presentation was uploaded with the author’s consent.
This presentation by Serbia was made during the discussion “Alternatives to Leniency Programmes” held at the 22nd meeting of the OECD Global Forum on Competition on 7 December 2023. More papers and presentations on the topic can be found out at oe.cd/atlp.
This presentation was uploaded with the author’s consent.
This presentation by Italy was made during the discussion “Alternatives to Leniency Programmes” held at the 22nd meeting of the OECD Global Forum on Competition on 7 December 2023. More papers and presentations on the topic can be found out at oe.cd/atlp.
This presentation was uploaded with the author’s consent.
This presentation by Daniel CRANE, Richard W. Pogue Professor of Law, University of Michigan, was made during the discussion “Out-of-Market Efficiencies in Competition Enforcement” held at the 141st meeting of the OECD Competition Committee on 6 December 2023. More papers and presentations on the topic can be found out at oe.cd/omee.
This presentation was uploaded with the author’s consent.
This presentation by John DAVIES, Member, Competition Appeal Tribunal UK, was made during the discussion “Out-of-Market Efficiencies in Competition Enforcement” held at the 141st meeting of the OECD Competition Committee on 6 December 2023. More papers and presentations on the topic can be found out at oe.cd/omee.
This presentation was uploaded with the author’s consent.
This presentation by Nancy ROSE, Head of the Department of Economics and Charles P. Kindleberger Professor of Applied Economics, Massachusetts Institute of Technology (MIT), was made during the discussion “Out-of-Market Efficiencies in Competition Enforcement” held at the 141st meeting of the OECD Competition Committee on 6 December 2023. More papers and presentations on the topic can be found out at oe.cd/omee.
This presentation was uploaded with the author’s consent.
This presentation by Nicole ROSENBOOM, Principal, Oxera Consulting LLP, was made during the discussion “Out-of-Market Efficiencies in Competition Enforcement” held at the 141st meeting of the OECD Competition Committee on 6 December 2023. More papers and presentations on the topic can be found out at oe.cd/omee.
This presentation was uploaded with the author’s consent.
This presentation by Anna TZANAKI, Lecturer in Law, University of Leeds, was made during the discussion “Serial Acquisitions and Industry Roll-ups” held at the 141st meeting of the OECD Competition Committee on 6 December 2023. More papers and presentations on the topic can be found out at oe.cd/sair.
This presentation was uploaded with the author’s consent.
This presentation by Sha'ista GOGA, Director, Acacia Economics, was made during the discussion “Serial Acquisitions and Industry Roll-ups” held at the 141st meeting of the OECD Competition Committee on 6 December 2023. More papers and presentations on the topic can be found out at oe.cd/sair.
This presentation was uploaded with the author’s consent.
This presentation by Ioannis KOKKORIS, Chair in Competition Law and Economics and Director, Centre for Commercial Law Studies, Queen Mary University of London, was made during the discussion “Serial Acquisitions and Industry Roll-ups” held at the 141st meeting of the OECD Competition Committee on 6 December 2023. More papers and presentations on the topic can be found out at oe.cd/sair.
This presentation was uploaded with the author’s consent.
This presentation by the OECD Secretariat was made during the discussion “Serial Acquisitions and Industry Roll-ups” held at the 141st meeting of the OECD Competition Committee on 6 December 2023. More papers and presentations on the topic can be found out at oe.cd/sair.
This presentation was uploaded with the author’s consent.
This presentation by Simonetta VEZZOSO, Associate Professor, Economics Department, University of Trento, was made during the discussion “Competition and Innovation - The Role of Innovation in Enforcement Cases” held at the 141st meeting of the OECD Competition Committee on 5 December 2023. More papers and presentations on the topic can be found out at oe.cd/rbci.
This presentation was uploaded with the author’s consent.
More from OECD Directorate for Financial and Enterprise Affairs (20)
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
Up the Ratios Bylaws - a Comprehensive Process of Our Organizationuptheratios
Up the Ratios is a non-profit organization dedicated to bridging the gap in STEM education for underprivileged students by providing free, high-quality learning opportunities in robotics and other STEM fields. Our mission is to empower the next generation of innovators, thinkers, and problem-solvers by offering a range of educational programs that foster curiosity, creativity, and critical thinking.
At Up the Ratios, we believe that every student, regardless of their socio-economic background, should have access to the tools and knowledge needed to succeed in today's technology-driven world. To achieve this, we host a variety of free classes, workshops, summer camps, and live lectures tailored to students from underserved communities. Our programs are designed to be engaging and hands-on, allowing students to explore the exciting world of robotics and STEM through practical, real-world applications.
Our free classes cover fundamental concepts in robotics, coding, and engineering, providing students with a strong foundation in these critical areas. Through our interactive workshops, students can dive deeper into specific topics, working on projects that challenge them to apply what they've learned and think creatively. Our summer camps offer an immersive experience where students can collaborate on larger projects, develop their teamwork skills, and gain confidence in their abilities.
In addition to our local programs, Up the Ratios is committed to making a global impact. We take donations of new and gently used robotics parts, which we then distribute to students and educational institutions in other countries. These donations help ensure that young learners worldwide have the resources they need to explore and excel in STEM fields. By supporting education in this way, we aim to nurture a global community of future leaders and innovators.
Our live lectures feature guest speakers from various STEM disciplines, including engineers, scientists, and industry professionals who share their knowledge and experiences with our students. These lectures provide valuable insights into potential career paths and inspire students to pursue their passions in STEM.
Up the Ratios relies on the generosity of donors and volunteers to continue our work. Contributions of time, expertise, and financial support are crucial to sustaining our programs and expanding our reach. Whether you're an individual passionate about education, a professional in the STEM field, or a company looking to give back to the community, there are many ways to get involved and make a difference.
We are proud of the positive impact we've had on the lives of countless students, many of whom have gone on to pursue higher education and careers in STEM. By providing these young minds with the tools and opportunities they need to succeed, we are not only changing their futures but also contributing to the advancement of technology and innovation on a broader scale.
Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
Russian anarchist and anti-war movement in the third year of full-scale warAntti Rautiainen
Anarchist group ANA Regensburg hosted my online-presentation on 16th of May 2024, in which I discussed tactics of anti-war activism in Russia, and reasons why the anti-war movement has not been able to make an impact to change the course of events yet. Cases of anarchists repressed for anti-war activities are presented, as well as strategies of support for political prisoners, and modest successes in supporting their struggles.
Thumbnail picture is by MediaZona, you may read their report on anti-war arson attacks in Russia here: https://en.zona.media/article/2022/10/13/burn-map
Links:
Autonomous Action
http://Avtonom.org
Anarchist Black Cross Moscow
http://Avtonom.org/abc
Solidarity Zone
https://t.me/solidarity_zone
Memorial
https://memopzk.org/, https://t.me/pzk_memorial
OVD-Info
https://en.ovdinfo.org/antiwar-ovd-info-guide
RosUznik
https://rosuznik.org/
Uznik Online
http://uznikonline.tilda.ws/
Russian Reader
https://therussianreader.com/
ABC Irkutsk
https://abc38.noblogs.org/
Send mail to prisoners from abroad:
http://Prisonmail.online
YouTube: https://youtu.be/c5nSOdU48O8
Spotify: https://podcasters.spotify.com/pod/show/libertarianlifecoach/episodes/Russian-anarchist-and-anti-war-movement-in-the-third-year-of-full-scale-war-e2k8ai4
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
ZGB - The Role of Generative AI in Government transformation.pdfSaeed Al Dhaheri
This keynote was presented during the the 7th edition of the UAE Hackathon 2024. It highlights the role of AI and Generative AI in addressing government transformation to achieve zero government bureaucracy
4. FDI performance has overall been strong
4
Inward FDI flows as a share of GDP in Uruguay and selected LAC countries
In %
Source: OECD Investment Policy Review of Uruguay
Note: Shares shown are an average for five latest available years presented in the report (2012-2018).
0
1
2
3
4
5
6
7
Chile Costa Rica* Uruguay Colombia* Peru* LAC Argentina*
5. 0
50
100
150
200
250
300
350
2020 Q1 2020 Q2 2020 Q3 2020 Q4
World OECD
COVID-19 is posing challanges
5
Annual FDI Inflows
bln USD
Note: *Preliminary estimates.
Source: OECD and IMF data, presented in FDI in Figures (April 2021)
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2018 2019 2020*
World OECD
Quaterly FDI Inflows
bln USD
6. FDI can contribute positively to
sustainable growth and development
6
OECD FDI Qualities Indicators for Uruguay
-1.0
-0.8
-0.6
-0.4
-0.2
0.0
0.2
0.4
0.6
0.8
1.0
Productivity
Prod
growth
Prod
inno
Proc
inno
R&D
Fgn
tech
Skilled
Training
Empl
growth
Wages
Per
workers
Empl
length
Fem
empl
Fem
mgmt
Fem
owner
Ener
eff
Source: OECD FDI Qualities Indicators
Note: 16 manufacturing sectors are included in the analysis.
-3.0
-2.0
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
Productivity
Prod
growth
Prod
inno
Proc
inno
R&D
Fgn
tech
Skilled
Training
Empl
growth
Wages
Per
workers
Empl
length
Fem
empl
Fem
mgmt
Fem
owner
Ener
eff
Panel B. Do foreign manufacturers report
higher sustainability outcomes?
(yes if score > 0; no if score < 0)
Panel A. Is FDI concentrated in
manufacturing sectors with higher
sustainability outcomes?
8. 1. Uruguay is a highly open economy
overall...
8
OECD average
NON-OECD average
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
0.40
Philippines
Saudi
Arabia
Indonesia
Rus
sia
Malaysia
China
Jordan
New
Zealand
India
Lao
Pdr
Mexico
Tunisia
Iceland
Canada
Australia
Korea
Viet
Nam
Ukraine
Israel
Myanmar
Kazakhstan
Austria
Egypt
United
States
Brazil
Norway
Ky
rgyz
Republic
Switz
erland
Peru
Mongolia
Poland
Morocco
Turkey
Sweden
Chile
South
Africa
Cambodia
Japan
Italy
Slovak
Republic
Albania
Uruguay
France
Ireland
Serbia
Belgium
United
Kingdom
Croatia
Cos
ta
Ric
a
Denmark
Greece
Argentina
Hungary
Bosnia
and
Herzegovina
Montenegro
Colombia
Germany
Macedonia,
FYR
Spain
Latv
ia
Lithuania
Finland
Es
tonia
Netherlands
Czech
Republic
Romania
Slovenia
Portugal
Luxembourg
Kosovo*
OECD FDIRegulatory Restrictiveness Index(open = 0;closed=1)
OECD FDI Regulatory Restrictiveness Index
(yes if score > 0; no if score < 0)
Note: Data reflect regulatory restrictions as of September 2019 for Uruguay, as provided by the authorities, and as of end-year 2018 for all other economies.
Source: OECD Investment Policy Review of Uruguay and OECD FDI Regulatory Restrictiveness Index, www.oecd.org/investment/fdiindex.htm.
9. ...and few restrictions remain in specific
(albeit important) sectors
9
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
0.45
0.5
OECD URUGUAY
OECD FDI Regulatory Restrictiveness Index (open = 0; closed=1)
OECD FDI Regulatory Restrictiveness Index, by sector
(yes if score > 0; no if score < 0)
Note: Data reflect regulatory restrictions as of September 2019 for Uruguay, as provided by the authorities, and as of end-year 2018 for all other economies.
Source: OECD Investment Policy Review of Uruguay (2021) and OECD FDI Regulatory Restrictiveness Index, www.oecd.org/investment/fdiindex.htm.
10. 2. Uruguay offers high standards of
protection to investors
10
0
5
10
15
20
25
30
35
40
0
1
2
3
4
5
New BITs Total BITs
Source: OECD Investment Policy Review of Uruguay (2021) based on Barómetro de las Américas (2017)
Bilateral Investment Treaties
signed by Uruguay over time
0.00
5.00
10.00
15.00
20.00
25.00
30.00
35.00
Chile Colombia Argentina Mexico Brazil Uruguay
Confidence in the judicial system in
Uruguay and selected LAC
countries
In %
11. 3. Uruguay has undertaken significant
tax reforms in recent years.
11
Source: OECD Investment Policy Review of Uruguay (2021) based on the OECD Global Revenue Statistics Database
0
5
10
15
20
25
30
35
40
1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016
Uruguay LAC average OECD average
Total tax revenue as share of GDP in Uruguay compared to OECD and LAC averages
In %
Note: LAC = Latin America and the Caribbean countries; The LAC average represents the unweighted average of 24 Latin American and Caribbean countries
included in the OECD Global Revenue Statistics Database (OECD, 2018). (Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa
Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Trinidad and
Tobago and Uruguay). It excludes Venezuela due to data availability. The OECD average represents the unweighted average for OECD member countries.
12. 4. The country also offers generous tax
incentives for investment...
12
Tax expenditure from CIT tax incentives for investment
0
0.5
1
1.5
2
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
0%
20%
40%
60%
80%
100%
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Source: OECD Investment Policy Review of Uruguay (2021) based on data from DGI.
Panel A. % of GDP Panel B. % CIT tax revenue
Note: Tax expenditure data based on annual reports by the General Directorate of Taxation (Dirección General Impositiva, DGI).
Type of tax Standard rate
Corporate income tax (CIT) 25%
Withholding tax 12%
Net wealth tax 1.50%
Corporate tax system in Uruguay
13. 5. ... that may require further review and
rationalisation in the future.
13
Source: OECD Investment Policy Review of Uruguay (2021) based on data from the Ministry of Economy and Finance
Evolution of legal regimes for investment incentives in Uruguay over time
14. 6. Further progress in reforming state
owned enterprises is needed
Overview of state-owned enterprises (SOEs) in Uruguay
Source: OECD Investment Policy Review of Uruguay (2021) based on data from OPP (2019), www.transparenciapresupuestaria.opp.gub.uy
0
2
4
6
8
10
12
14
1980-89 1990-99 2000-2009 2010-present
Panel A. Number of New SOEs
14
Panel B. Structure of Key SOEs
15. Econometric studies have shown important
positive effects of trade and investment
promotion activities of Uruguay’s trade and
investment promotion agency (Uruguay XXI)
on:
• Establishment of new MNEs in the local
economy (Volpe Martincus et al., 2019)
• Export spillovers (Carballo et al., 2019)
• Time spent at the border (Volpe
Martincus, 2016)
• Trade diversification outcomes (Carballo
and Volpe Martincus, 2010)
7. Uruguay has a strong track record on
trade and investment promotion...
15
78%
25%
Source: OECD Investment Policy Review of Uruguay (2021) based on data from Volpe Martincus et al., 2019, Carballo et al., 2019, Volpe Martincus, 2016;
Carballo and Volpe Martincus, 2010, and Uruguay XXI.
of trade processes in Uruguay
can be realised via a Single
Window for Trade (Ventanilla
Única de Comercio Exterior,
VUCE), managed by Uruguay XXI*
Note: *Single Window for Trade in Uruguay has been implemented with the technical and financial support of the Inter-American Development Bank (IDB).
of all locally established foreign-
owned firms are assisted by
Uruguay XXI to facilitate their
local investments
16. 8. ... that requires continuity and
coordination on horizontal projects.
16
Note: The figure is presented for illustrative purposes only; it is not exhaustive and does not imply a hierarchical structure or relationship between the institutions.
Source: OECD Investment Policy Review of Uruguay (2021)
17. 9. Investment facilitation and improved
regulatory quality can reduce admin. burdens
17
0
50
100
150
200
250
300
Starting business Dealing with construction
permits
Registering property
Uruguay Latin America & Caribbean OECD high income
Source: OECD Investment Policy Review of Uruguay (2021) based on data from World Bank Doing Business Indicators (2020) and World Bank’s World
Governance Indicators database (2019)
Total number of days required to
complete a given administrative
procedure in Uruguay, LAC and
OECD countries
0
0.5
1
1.5
Voice and Accountability Political Stability and No Violence
Government Effectiveness Regulatory Quality
Rule of Law Control of corruption
World Governance Indicators for
Uruguay
Note: Estimates of governance according to the World Governance Indicators range from approximately -2.5 (weak) to 2.5 (strong) governance performance.
18. • The legal framework to support
RBC is well-developed
• There is a high interest in RBC from
the private sector, the public sector
and the civil society
• Greater engagement in this area
can help faciltate constructive
dialogue and mitigate conflicts
• Uruguay’s Adherence to the OECD
Guidelines for Multinational
Enterprises and the creation of the
OECD National Contact Point
(NCP) can assist in the process
10. Uruguay has a strong framework for
responsible business conduct (RBC)
18
19. Investment protection and regulation
Engage in international efforts to balance treaty-based investor protection
and the right to regulate in the public interest.
Consider reducing restrictions on FDI in transport, fisheries and media.
Investment attraction and facilitation
Strengthen action to support firms’ internationalisation, including through
long-term strategic planning and execution of horizontal projects and further
bolstering of the national investment and trade promotion agency.
Focus government efforts to reduce the administrative burden, including by
effectively streamlining administrative procedures and addressing specific
regulatory bottlenecks.
Consider a wider reform to improve the overall regulatory quality, including
by better oversight of implementing agencies and the introduction of ex ante
and ex post regulatory impact assessment (RIA).
State-owned enterprises
Strengthen the corporate governance framework for state-owned
enterprises to improve their integrity, transparency and professionalism, and
broaden the use of performance indicators. Fill future managerial and board
vacancies through merit-based open competitions.
Highlights of key recommendations
19
20. Tax policy
Enhance the transparency and coherence of the tax incentives’ framework,
including through further streamlining and phasing out of some schemes.
Improve the system of incentives’ allocation, including through rationalising
the scoring under the COMAP regime, introducing clear criteria for receiving a
Free Zone tax holiday, reducing the use of decrees and ex post monitoring.
Monitor the operations and the outcome of the tax incentive framework to
verify the integrity of the tax system and review and adjust policy or practice.
Continue efforts to protect the domestic tax base from cross-border tax
minimisation strategies and monitor the effectiveness of recent measures
Responsible Business Conduct (RBC)
Establish an NCP in accordance with the Decision of the Council on the
OECD Guidelines for Multinational Enterprises, and ensure that it is fully
functional as soon as possible after the issuance of the Executive Decree
Promote the use of the OECD Due Diligence Guidances by enterprises
operating in or from Uruguay, actively support the use of due diligence by
these enterprises, and ensure the widest possible dissemination of the
various sector guidance and their use by various stakeholders.
Highlights of key recommendations
20
21. • Uruguay has an overall conducive business climate
• The Review has highlighted key achievements and
remaining policy priorities, in particular in regards to
further progress on investment facilitation, tax and RBC
• Uruguay has become 50th Adherent to the OECD
Declaration on International Investment and
Multinational Enterprises and has acquired the
associated right and benefits
• The OECD stands ready to support Uruguay is its future
reform agenda
Conclusions
21
22. THANK YOU
Contacts:
Ana Novik, Head of OECD Investment Division,
ana.novik@oecd.org
Stephen Thomsen, Head of Investment and Sustainable
Development Unit, stephen.thomsen@oecd.org
Monika Sztajerowska, Lead for IPR of Uruguay,
monika.sztajerowska@oecd.org
Andea Marin Odio, Coordinator of LAC Investment Initiative,
andrea.marinodio@oecd.org
Editor's Notes
improvements made and priorities for the future
A comprehensive review of Uruguay’s investment climate based on the OECD Policy Framework for Investment
A multi-year project spanning two administrations and recently affected by the outbreak of COVID-19
Involved extensive stakeholder consultations in the country
Prepared with the financial support of the European Commission through the Transition in Development Facility, undertaken under the OECD LAC Regional Programme