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The G20 Rome guidelines for the future of tourism identifies key issues and opportunities to rethink and reshape tourism policy in response to the impacts of the COVID-19 pandemic. It presents guidelines for action that are informed by the need to a) restore confidence and enable recovery, b) learn from the experience of the pandemic, and c) prioritise a sustainable development agenda in guiding future tourism. They are based around seven interrelated policy areas: i) safe mobility, ii) crisis management; iii) resilience; iv) inclusiveness; v) green transformation; vi) digital transition; and vii) investment and infrastructure. The G20 Rome guidelines were endorsed in the Rome Communiqué of the 2021 G20 Tourism Ministers’ meeting.
This report identifies effective approaches adopted by countries to implement the G20/OECD High-Level Principles on SME Financing, welcomed by the G20 Leaders at their Antalya Summit in 2015. It draws on participating countries’ replies to dedicated surveys. In total, 40 countries participated in the process, including 15 G20 countries.
This paper surveys the main types of financing behind business investment in developing countries, recent trends, an evaluation of the contribution of these flows to the sustainable development goals (SDGs), and prospects going forward.
The Paris Agreement maps out a path for internationally coordinated efforts to curb global warming. At the centre of the Paris Agreement are Nationally Determined Contributions (NDCs) that establish countries’ plans to mitigate greenhouse gas (GHG) emissions as well as adapt to the impacts of climate change. However, mitigation contributions defined in NDCs are different across countries in terms of target types, coverage of sectors and gases. This makes it challenging to assess progress on mitigation commitments. To complement the UNFCCC efforts, and facilitate the evaluation and monitoring of targets, this paper develops a methodology that harmonises countries’ 2030 mitigation targets in physical units and provide clarity on sector and gas coverage. The results are used to develop the GHG Emission Trends and Targets (GETT) indicators for non-EU countries and the EU-27 covered under the International Programme for Action on Climate (IPAC). The GETT indicators support the analyses of emissions' trajectories by describing historical GHG emission trends and comparing them to NDC emission targets, considering various reference years and indicators, including emissions intensity per capita or per unit of GDP.
Several different types of GHG mitigation actions and commitments have been proposed for the post-2012 period. Some of these - such as national-level GHG emission limits - are already being used, with countries therefore already gaining experience with implementing, monitoring, reporting (and potentially reviewing or verifying the effects of) such actions/commitments. The extent of this experience varies both by type of action/commitment, as well as by country and sector. In general, Annex I countries have significant experience with monitoring and reporting national emission levels (reflecting their reporting commitments under the UNFCCC and Kyoto Protocol). However, official reporting on other GHG-mitigation actions occurs every few years in Annex I countries and only irregularly in non-Annex I countries. Thus, significant new guidance would be needed if post-2012 MRV provisions were to focus on GHG mitigation actions rather than GHG emission levels.
In deciding a MRV framework, it will be important to consider measurement, reporting and verification issues separately (as for example some non-supported actions may be reported but not verified). A transition process may also be needed for some countries, in terms of what is to be subject to MRV provisions, and how M, R and V are to be carried out.
The OECD Secretariat has developed a multi-region, multi-sector, dynamic applied general equilibrium (AGE) model to quantify the economy-wide and global costs of policies to curb emissions of carbon dioxide (CO2). The project is called the GeneRal Equilibrium ENvironments model, hereafter referred to as GREEN. The purpose of this paper is to provide a full technical description of the GREEN model, its data base and parametrisation as of May 1991. Work is continuing to extend GREEN in several different directions to make the model more policy relevant, and a revised version of the technical manual will be issued in due course ...
This document provides a full description of the GREEN model. It is intended to accompany the GREEN code, i.e. the implementation of the model, and to enable the user to understand the links between the theoretical framework of the model and its practical implementation.
The document lists all the model equations, provides a data dictionary to link the equation variables with the variables in the code, explains details which are traditionally bypassed in technical papers, and provides an explanation of the data base and the data management part of the code.
The document is organised as follows. Following a non-technical overview of the model in Part I, Part II presents the structure of the model with a complete description of the equations, the variables, and parameters which are part of the GREEN model. Part III explains the data management in GREEN ...
The OECD Secretariat has developed a multi-region, multi-sector, dynamic applied general equilibrium (AGE) model to quantify the economy-wide and global costs of policies to curb emissions of carbon dioxide (CO2). The project is called the GeneRal Equilibrium ENvironment model, hereafter referred to as GREEN. The purpose of this paper is to provide a full technical description of the GREEN model, its data base and parametrisation as of April 1992. It replaces the previous version of the GREEN Technical Manual which was issued in June 1991 as Working Paper No. 104 ...
Integration into Global value chains (GVCs) provides opportunities for economic growth and development. However, the nature and extent of these opportunities differ across countries and sectors, and participation in GVCs can support processes of economic transformation in a variety of ways depending on the type of GVC. This paper explores some of the linkages between GVC participation and economic transformation at the sectoral level, with a view to assisting countries in assessing the various policy options for maximising their comparative advantages and their benefits from GVC participation. Three aspects of the relationship between GVC participation – defined as the use of foreign intermediates and integration into international production networks – and economic transformation are explored: i) sectoral differences in upgrading dynamics; ii) the role of services; and iii) resilience to external shocks. A range of qualitative and empirical approaches are used to explore and test the robustness of the relationship for three sectors presenting different characteristics in terms of their trade dynamics and links with economic transformation: mining and quarrying; motor vehicles, trailers and semi-trailers; and transport and storage services.
This paper uses “centrality” metrics to reflect the changing structure of Global Value Chains (GVCs), contrasting central hubs and peripheral countries and sectors, and examine how these changes impact firm productivity. Using cross-country firm-level data from ORBIS, the paper finds that changing position within GVCs can play a role in the catch up of firms, but the results are heterogeneous across firms and countries. Firstly, becoming more central is associated with faster productivity growth of smaller firms, nonfrontier businesses, and of firms in smaller economies and in post-2004 EU member countries. And these correlations weaken with firm size and with proximity to the frontier, such that when one ignores firm heterogeneity and only considers average effects, there is no correlation for the average firms in the data. Secondly, the (centrality weighted) average productivity of buyers matters for the productivity of firms in our data overall, however this is particularly true for firms in large economies, for non-frontier and for smaller firms. The policy environment, such as flexible labour markets, better access to finance, stronger contract enforcement and simplified export procedures, appears to be important in translating the changing structure of GVCs into faster productivity growth of these non-frontier firms.
This paper uses “centrality” metrics to reflect position with Global Value Chains (GVCs). Central sectors reflect those that are highly connected (both directly and indirectly) and influential within globalproduction networks, whereas peripheral sectors exhibit weak linkages and are less influential. Applying these metrics to OECD ICIO data, reveals there have been profound changes in the structure of GVCs over the period 1995-2011. Whilst some activities remain clustered around the same key hubs as was the case at the start of the period (e.g. motor vehicles), for others there have been dramatic changes in the geography of economic activity (e.g. IT manufacturing), whereas other activities have become more influential for value chains almost universally (e.g. IT services). Several emerging economies and their industries have become more central to global production networks. We find this is particularly true of most peripheral industries of Eastern European countries, with their growing importance coinciding with the timing of their EU accession. Asian value chains have also undergone substantial reorganisation. In particular, the centrality of Japanese industries has fallen from an initial position of being the key hub within Asian value chains and the bulk of this fall does not appear to be due to the decline in size of the Japanese economy over this period. This is in contrast with trends in foreign value added content of exports of these Japanese industries, which increased over the same time period, illustrating that the centrality measure does not seem to simply reflect features captured by existing GVC metrics.
This Working Paper looks at the possible remedies that are available for dealing with gas security concerns, and takes stock of developments in gas emergency policy in IEA Member countries.
Discriminatory social institutions – formal and informal laws, social norms and practices – restrict women’s rights and empowerment opportunities across 17 West African countries. New laws and measures to protect and promote women’s economic, political and human rights have been accompanied by impressive reductions in gender gaps. However, discriminatory social institutions still constitute significant impediments to women’s access to land assets and restrict women’s physical integrity and decision-making power in both private and public spheres. This holds back women’s education and economic empowerment, thereby decreasing countries’ potential growth. The data and analysis based on the OECD Development Centre’s Social Institutions and Gender Index (SIGI) aims to provide policy makers with the necessary tools and evidence to design more effective gender-responsive policies. Putting social institutions at the core of policy responses may open new and sustainable vistas to promote gender equality in national and regional development agendas.
This paper looks at how the impact of capital investment on gender equality can be taken into account during the budget process. Capital investment is a policy area that is often overlooked as gender-relevant. However, capital investment has a powerful impact on the way in which society operates. Ensuring that the design of capital projects considers gender impacts plays an important role in advancing gender equality.
It is time to deliver for women and girls. Africa’s growth and development agenda can only succeed if the continent is able to draw on all its resources and talents, and if women are able to participate fully in economic, social and political life. This will require intensified efforts to eliminate discrimination and promote equal rights. The strong commitment which has been demonstrated by African governments needs to be complemented by strong support from the wider international community, within the framework of a clear allocation of responsibilities, and the clear mapping out of specific steps and measures.
"Gender and Economic Reform" clarifies the complex relationship between gender and the way economies operate. It contends that incorporating gender analysis into the design and implementation of economic reform helps to promote the emergence of economies that grow sustainably, in ways that reduce gender inequalities rather than reinforce them. The analysis is particularly relevant in the current context in which gender equality is a proclaimed Millennium Development Goal and the Monterrey Consensus calls for gender sensitive programming. The paper is meant to improve policy makers’ ability to dialogue on what the relevant links might be between gender and economic reform and how to take gender into account in designing and implementing reform programmes. Throughout the document, a number of tools for integrating gender equality into economic policy analysis and decision-making at the national or sector-wide levels are presented. These tools focus on producing a new shared understanding of underlying economic and social relations in order to promote the achievement of a gender-balanced path of economic growth. The document is based on a large body of secondary material written over the past decade by gender specialists and other experts led by Professor Diane Elson et al. on behalf of the former Task Force on Gender and Economic Reform. It includes a summary of key concepts contained in six documents issued by the DAC Working Party on Gender Equality as Workshop Documents Nos. 1 to 6 (OECD 1998). It comes as a complement to the work conducted by that group on gender and sector-wide approaches and will be particularly useful in the light of ongoing work on gender-sensitive budgeting...