New Horizons for Foreign Direct Investment [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
Global Forum on International InvestmentContent Provider
Paris : OECD Publishing,
2002.
The global economic slowdown and the significant decline in foreign direct investment (FDI) have made it even more imperative to attract international investment in order to achieve sustainable development and poverty reduction. The need to maximise the benefits of FDI compels host and home governments to move beyond the traditional policy of liberalising FDI. A broader set of policies for an enabling environment for investment must be embraced: competition, taxation, financial markets, trade, corporate governance, public administration, respect for workers and environmental rights, and other public policy goals. Developing policy frameworks to ensure that multinational enterprises contribute to development goals and capacity building also remain a priority issue on the international agenda. The OECD Global Forum on International Investment, at its inaugural meeting in Mexico City in November 2001, provided a unique platform for participants originating from OECD and non-OECD economies, representing academia, business and labour, and civil society to address the challenges posed by FDI. These selected conference papers add to the existing literature on FDI. They highlight the principal conclusions, include analyses of recent FDI trends and prospects, and discuss ways of maximising the benefits of FDI for development. The papers also examine lessons learned in OECD and non-OECD economies, governments' responsibilities in FDI policies, corporate responsibility initiatives and the role of multilateral organisations in capacity building for FDI in host countries.
CONTENTS; Introduction; Synthesis of Conference Deliberations; Chairmen's Conclusions; Chapter I: Setting the Trends; Recent FDI Trends, Implications for Developing Countries and Policy Challenges; The Global Investment Environment after September 11; The Secret of Non-Success; Foreign Direct Investment and Poverty Reduction; Foreign Direct Investment in India and South Africa: A Comparison of Performance and Policy; A Trade Union Perspective; FDI In Emerging Markets Banking Systems; Institutions, Integration and the Location of Foreign Direct Investment
Chapter II: Benefits of FDI for Development: Country ExperiencesThe Importance of Foreign Direct Investment in the Economic Development of Mexico; Removing Administrative Barriers to FDI: Particular Case of Turkey; The Benefits of FDI in a Transitional Economy: The Case of China; FDI and Its Impact on Employment and Social Policies: The Malaysian Experience; Key Drivers for Investing in Costa Rica: the Intel Experience; Foreign Direct Investments in Africa: Policies Also Matter; Chapter III: Government Responsibility: Beyond Traditional FDI Policies
The Need for a Broader Policy Approach to Foreign Direct InvestmentForeign Direct Investment In Developing Countries: Determinants and Impact; Making FDI and Financial-Sector Policies Mutually Supportive; Impact of Competition Policy on FDI Flows: The Russian Case; Foreign Direct Investment and Taxation: The Case of South Africa; Is Export-Oriented FDI Better?; Trade and Investment Linkage: A WWF Perspective; Chapter IV: Capacity Building in Host Countries; Foreign Direct Investment: Policies and Institutions for Growth; International Investment Agreements and Instruments
Technical Assistance and Capacity Building Related to Foreign Direct InvestmentFDI's Linkages with Enterprise Development; Chapter V: Initiatives for Corporate Responsibility and Economic Development; Corporate Social Responsibility and Economic Development; Corporate Social Responsibility and Competitiveness; Foreign Direct Investment and Corporate Codes of Conduct in National Development Strategies: Costs, Benefits and Policy Options; Emerging Market Investment: Is Corporate Governance and CSR the Problem or the Solution?; Codes of Conduct in Support of Development?
The Role of Foreign Direct Investment and Multinational Enterprises in the Economic and Social Development of Energy-Rich Transition Countries: The Case of AzerbaijanDo Corporate Responsibility Initiatives Work for Development?  An OECD Perspective; Annex 1: OECD Investment Instruments; Annex 2: List of Participants
Highlights the major conclusions from the conference "New Horizons and Policy Challenges for Foreign Direct Investment in the 21st Century" held in Mexico City, 26-27 November 2001, and sponsored by OECD's Global Forum on International Investment.
Includes bibliographical references.
The global economic slowdown and the significant decline in foreign direct investment (FDI) have made it even more imperative to attract international investment in order to achieve sustainable development and poverty reduction. The need to maximise the benefits of FDI compels host and home governments to move beyond the traditional policy of liberalising FDI. A broader set of policies for an enabling environment for investment must be embraced: competition, taxation, financial markets, trade, corporate governance, public administration, respect for workers and environmental rights, and other public policy goals. Developing policy frameworks to ensure that multinational enterprises contribute to development goals and capacity building also remain a priority issue on the international agenda. The OECD Global Forum on International Investment, at its inaugural meeting in Mexico City in November 2001, provided a unique platform for participants originating from OECD and non-OECD economies, representing academia, business and labour, and civil society to address the challenges posed by FDI. These selected conference papers add to the existing literature on FDI. They highlight the principal conclusions, include analyses of recent FDI trends and prospects, and discuss ways of maximising the benefits of FDI for development. The papers also examine lessons learned in OECD and non-OECD economies, governments' responsibilities in FDI policies, corporate responsibility initiatives and the role of multilateral organisations in capacity building for FDI in host countries.
Investments, Foreign
Foreign Investments
OECD Global Forum on International Investment