OECD FACES A DECISION POINT IN 2021

On 9 June, CSIS published an article saying that 2021 marks the 50th anniversary of the OECD and that it now plays a critical role in shaping the global economic agenda and informing economic policies. It has served as an important policy forum and a platform for best practices in issues such as taxes, education, the environment, governance and public integrity, and international development.  In 2021, the OECD will consider the term expiration of certain top leadership positions, particularly the secretary-general.  It argues that it is in the interest of the US (the chief funder of the organisation) to advocate for new leadership and to engage actively in identifying a successor SG who reflects US interests around the world in trade, tax policy, foreign aid, and global governance.  It says that the end of the current secretary general’s term provides a crucial opportunity for the OECD to reassess its core mission for the next 10 years and evaluate how to most effectively project the organisation’s relevance and accomplish its goals and objectives.  In doing so, the new one should prioritise the emerging disciplines of technology applications (including AI) and digital tax issues — topics that will be increasingly important in the coming decades.  The status and position of China is also an issue.

https://www.csis.org/analysis/oecd-faces-decision-point-2021

 

 

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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