The Convention on the Protection and Promotion of the Diversity of Cultural Expressions (Convention on the Diversity of Cultural Expressions), adopted on 20 October 2005, has breathed new life into the ‘trade and culture' debate. Witness the fact that several scholars have discussed the...

The authors assess the role of the multilateral development system and the reforms needed to support the new global agenda. There is an urgency to the reforms. The coming decades will see the largest urban expansion in history. More infrastructure needs to be built in the next 15 years than the...

This document presents the highlights of the 2019 publication Social Impact Invesment: The Impact Imperative for Sustainable Development which was a sequel to the OECD 2015 report on Social Impact Investment (SII), Building the Evidence Base. The 2019 publication brings new evidence on the role...

We propose sustainable finance to become mainstream finance. Embedding ESG principles in a new normal for finance will facilitate its alignment with the broader objectives of society, the engagement of the private sector within the sustainability discussion and action plans, including the Agenda...

The last decade witnessed an unprecedented economic growth in Emerging Market Economies (EMEs). EMEs have also been the main drivers of growth in the recovery following the global financial crisis. Nevertheless, EMEs continue to face a number of institutional and structural challenges that may...

Globally, investments in physical and human capital have been identified to foster real economic growth and development in any economy. Investments, which could be domestic or foreign, have been established in the literature as either complements or substitutes in varying scenarios. While...

Considerable amounts of capital will be necessary if a green transformation is to be financed in the coming years. This paper gives a short introduction to the challenge of mobilizing the required resources, particularly from private and institutional investors. More specifically, it provides an...

The need for infrastructure finance in Africa is tremendous. A 2009 report by the World Bank suggests that the continent faces needs of US$93 billion per year. More recent studies, pointing to economic and population growth trends and using more sophisticated methods of assessing needs, indicate...

Perception regarding a focal firm's corporate social responsibility (CSR) depends not only on itself but also on its known suppliers. This paper provides the first empirical evidence linking CSR and supply chain information disclosure together. Specifically, it uncovers robust evidence that...