Mexican - Economist | May 8, 1950 -
Providing investors with recourse against governments is valuable.
Jose Angel Gurria
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The concept of national treatment is a core component of investment and trade agreements. It promotes valuable competition on a level playing field. Investment treaties should not turn this idea on its head, giving privileges to foreign companies that are not available to domestic companies.
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Some politicians fear the burden that migrants will impose on local communities and taxpayers. Others fear extremists masquerading as genuine refugees.
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Some refugees will find it relatively easy to find jobs. A university-educated Syrian civil engineer arriving in Munich will need to learn some German, but once this is done, he or she is unlikely to have to wait too long before employers come knocking.
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Regulations for international accounting and funding will have to be examined to identify policies that inadvertently discourage institutional investors from putting their resources into longer-term, illiquid assets.
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In order to encourage private investors to pursue long-term, responsible projects, governments need to promote consistent policies and frameworks.
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Water security is not just for domestic policies. International co-operation is crucial to sustainably manage trans-boundary water bodies and river basins.
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History is full of lessons for how water crises could have been avoided or better managed.
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The OECD advocates a risk-based approach to water security and is calling on governments to speed up their efforts to improve efficiency and effectiveness of water management. We recommend improving water pricing to recover costs and to reflect the value of water to users and society.
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To give students the best possible chance to succeed, education must prepare them to handle issues that transcend national boundaries.
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Countries like Japan do not have to change their cultures to address their educational shortcomings; they simply have to adjust their policies and practices.
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Creating a global platform for collaboration in education research and innovation has been the PISA initiative's aspiration from its conception in the late 1990s.
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