The OCDE and foreign investment, October 2019

In August 2017, the School of Economics of FGV (FGV EESP), Center on Global Trade and Investments (CCGI) launched a research group to study the costs and opportunities of the accession of Brazil to the OECD.

Vera Thorstensen leads this group. Vera is a professor at FGV School of Economics (FGV EESP) and Head of the Center on Global Trade and Investments.

About the working paper “The OCDE and foreign investment”:

The OECD was founded in 1961 with the aim of promoting economic development, improving living standards and expanding world trade on a multilateral basis. The organization operates through studies and discussions by its members, addressing a wide range of issues, later developing standards and guidelines promoting best practices. One of the organization's matter of great interest is foreign investments, especially those focused on infrastructure. The OECD has many investment regulations, partly binding and partly non-binding. Brazil is in line with the OECD agenda and has adhered to part of these standards, but has not yet internalized many others, partly due to investment financing problems, executive agencies indecision, taxation, competition and poor project structuring. Among those that the country has joined, some tangible results can be perceived, such as the National Contact Points, the Investment Ombudsman and the National Investment Committee are among the most important advances.

Enjoy the reading!

(In Portuguese)