Policy Framework for Investment, 2015 Edition [electronic resource] /
Organisation for Economic Co-operation and Development.
Organisation for Economic Co operation and DevelopmentContent Provider
Organisation for Economic Co-operation and DevelopmentContent Provider
Paris : OECD Publishing,
2015.
The objective of the Policy Framework for Investment (PFI) is to mobilise private investment that supports steady economic growth and sustainable development, contributing to the economic and social well-being of people around the world. Drawing on international good practices, the PFI proposes guidance in policy fields critically important for improving the quality of a country’s enabling environment for investment. It encourages policy makers to ask appropriate questions about their economy, their institutions and their policy settings to identify priorities, to develop an effective set of policies and to evaluate progress. First developed in 2006, the PFI was updated in 2015 to take into account feedback from numerous users at country and regional levels, as well as changes in the global economic landscape.  
Bibliographic Level Mode of Issuance: Monograph
Intro -- Foreword -- Table of contents -- The update of the Policy Framework for Investment -- Preamble -- Introduction -- Investment for growth and development -- Why do we care about productivity? -- More efficient and effective government -- Box 1. Elements of the rule of law -- Costs of doing business -- Coping with risk -- Non-discrimination -- The private sector is diverse -- Promoting responsible investment -- Getting investment to where it is needed -- Horizontal policies and practices -- Core questions and principles -- Supplemental questions -- Additional resources -- Principles, standards -- Tools, guidance, manuals -- Indicators, benchmarking -- 1. Investment policy -- Transparency and predictability -- The components of domestic investment policy -- Non-discrimination -- Protection of property rights -- Contract enforcement and dispute settlement -- International investment agreements -- Core questions and principles -- Overall legal framework for investment -- Non-discrimination and national treatment -- Land tenure -- Intellectual property rights -- Contract enforcement, domestic dispute settlement and commercial arbitration -- Expropriation regime -- Investment treaty policy -- Supplemental questions -- Overall legal framework for investment -- Non-discrimination and national treatment -- Land ownership and registration -- Intellectual property rights -- Contract enforcement and investment dispute settlement -- Expropriation regime -- Investment treaty policy -- Additional resources -- Websites -- OECD -- UNCTAD -- APEC -- Other -- 2. Investment promotion and facilitation -- Core questions and principles -- Supplemental questions -- Additional resources -- Websites -- Tools, guidance, manuals -- Indicators -- 3. Trade policy -- Home country policies -- Core questions and principles -- Supplemental questions -- Additional resources.
Websites -- Principles, standards -- Publications -- Tools, guidance, manuals -- Indicators, benchmarking -- 4. Competition policy -- Core questions and principles -- Supplemental questions -- Additional resources -- 5. Tax policy -- Tax policy to support development objectives and investment attraction strategies -- Impact of tax policy on investment decisions -- Prudent use of tax incentives -- Evaluating costs and benefits of tax incentives -- Transparency and good governance of tax incentives systems -- Countering abusive tax planning strategies domestically and internationally -- Core questions and principles -- Supplemental questions -- Additional resources -- 6. Corporate governance -- Core questions and principles -- Corporate governance framework -- Voluntary initiatives -- Benchmarking -- State-owned enterprises -- Supplemental questions -- Corporate governance of state-owned enterprises -- Additional resources -- Websites -- Principles, standards -- Country reviews and country-specific information -- Other relevant guidance -- 7. Policies for enabling responsible business conduct -- Governments enact and enforce the laws and regulations that protect the public interest and underpin RBC -- Governments should facilitate business in meeting RBC expectations and complying with obligations -- Governments should co-operate internally as well as externally with foreign governments and stakeholders to ensure coherence and support of policies relevant to RBC -- Governments should recognise and support RBC which makes a positive contribution to economic, environmental or social progress -- Governments should exemplify RBC in their own role within the economy -- Core questions and principles -- Supplemental questions -- Additional resources -- Websites -- Authoritative principles and standards -- Other standards and initiatives.
Tools, guidance, manuals -- Reviews, case/country studies -- Indicators -- 8. Developing human resources for investment -- Core questions and principles -- Supplemental questions -- Additional resources -- Websites -- Tools, guidance, manuals -- 9. Investment in infrastructure -- Core questions and principles -- Ensuring coherence and support for infrastructure development -- The enabling environment for investment in infrastructure -- Mitigating project risk and ensuring value-for-money -- Regulation and pricing of infrastructure markets -- A balanced market structure for infrastructure provision -- Financing infrastructure projects -- Encouraging inclusiveness and responsible business conduct -- Supplemental questions -- Additional resources -- Websites -- References, tools, guidance, manuals -- Indicators -- 10. Financing investment -- Core questions and principles -- Supplemental questions -- Additional resources -- Websites -- OECD instruments and tools -- References, tools, guidance, manuals -- Statistics and indicators -- 11. Public governance -- Regulatory framework -- Administrative simplification -- Regulatory impact assessments -- Regulatory compliance and enforcement -- Governance and institutional structure -- Regulatory coherence across levels of government and jurisdictions -- Open government -- Public integrity -- Box 11.1. OECD country experience in managing conflicts of interest -- Public procurement -- Implementing international anti-corruption and integrity standards in national legislation -- Application and enforcement of anti-corruption laws and regulations -- Review mechanisms for assessing anti-corruption performance -- International anti-corruption initiatives -- Core questions and principles -- Regulatory framework -- Public integrity -- Supplemental questions -- Additional resources.
12. Investment framework for green growth -- Core questions and principles -- Supplemental questions -- Additional resources -- Websites -- Tools, guidance, manuals -- Reviews, case/country studies and indicators.
The objective of the Policy Framework for Investment (PFI) is to mobilise private investment that supports steady economic growth and sustainable development, contributing to the economic and social well-being of people around the world. Drawing on international good practices, the PFI proposes guidance in policy fields critically important for improving the quality of a country’s enabling environment for investment. It encourages policy makers to ask appropriate questions about their economy, their institutions and their policy settings to identify priorities, to develop an effective set of policies and to evaluate progress. First developed in 2006, the PFI was updated in 2015 to take into account feedback from numerous users at country and regional levels, as well as changes in the global economic landscape.  
Investments
Economic development
Investment & Speculation
Finance
Business & Economics