2018 – OECD Supporting the Argentinian Presidency of the G20

2018 marks ten years’ anniversary of the financial crisis and the emergence of the G20 as a key forum for collectively addressing global problems.

The OECD is actively supporting the Argentinian Presidency to achieve its goals of Building Consensus for Fair and Sustainable Development in order to unleash the potential of people. Under this overarching theme, Argentina has set three priorities:

  • The Future of Work 
  • Infrastructure for Development
  • Sustainable Food Future

As a strategic advisor to the G20, the OECD provides policy analysis and expertise for the Presidency to achieve concrete and ambitious outcomes and to deliver on legacies from previous Presidencies. The OECD contribute through both the Sherpa and Finance tracks, by participating in Working Group Meetings, Ministerial Meetings and Engagement Group meetings, leading up to the Leaders’ Summit in November. 

» Read more about Argentina's priorities for the G20
» Browse the G20 calendar


Third Meeting of G20 Finance Ministers and Central Bank Governors, Buenos Aires, 21-22 July 2018

 

‌The OECD has supported the outcomes of the G20 Finance Ministers and Central Governors meeting in the following areas:

» International Taxation

OECD Secretary-General Report to G20 Finance Ministers and Central Bank Governors - July 2018. The report contains the activities and achievements of the OECD’s tax agenda to Ministers and Central Bank Governors, which includes updated criteria to identify jurisdictions that have not satisfactorily implemented the tax transparency standards, as requested by the G20. It also includes a joint OECD/IMF report to the G20 on tax certainty.

» Future of Work

The OECD provided support to G20 Menu of Policy Options for the Future of Work through two background papers: Tax policies for inclusive growth in a changing world and Maintaining competitive conditions in the era of digitalisation.

» Infrastructure

To support the Argentinian Presidency’s initiative in developing the Roadmap to Infrastructure as an Asset Class, the OECD prepared the G20/OECD/WB Stocktake of Tools and Instruments Related to Infrastructure as an Asset Class Report, which identifies existing international tools, standards, and instruments achieved by the G20 and elsewhere related to infrastructure as an asset class. Also, recognising that access to finance is a major challenge for SMEs, the OECD delivered the G20/OECD Effective Approaches for Implementing the G20/OECD High-Level Principles on SME Financing.

» International Financial Architecture

The OECD presented the OECD Code of Liberalisation of Capital Movements: Update on Developments to update Ministers and Central Bank Governors on the current state of adherence and the review of the OECD Code.

» Financial Inclusion

Digitalisation has brought significant changes to the ways in which consumers interact with financial service providers and financial products. To support the G20 Policy Guide: Digitalisation and Informality, the OECD has delivered two policy guidance notes: G20/OECD INFE Policy Guidance Digitalisation and Financial Literacy and the G20/OECD Policy Guidance Financial Consumer Protection Approaches in the Digital Age.

THE OECD IS AN ACTIVE PARTNER OF THE G20

Since the Pittsburgh Summit, the OECD has been an active partner of the G20 in its efforts to strengthen the global economy, accelerate recovery from the crisis and promote a more harmonious rules-based globalisation process. Upon a call by G20 Leaders, the Organisation supported the G20 during the crisis and continues to provide policy expertise and analysis to address the complex challenges of the post-crisis era and a fragile recovery.

OECD’s expertise continues to be increasingly recognised and relied upon for identifying the world’s most pressing policy challenges and finding ways to address them. The Secretary-General is an active participant of all the summits and leads the organisation in carrying out tasks mandated by the members and - in close co-operation with the Presidencies of the G20 - in framing, developing and carrying out their priorities. By working with the different Presidencies, the OECD has broadened its support and become a recognised partner of the Group. This has also been the opportunity for the Organisation to build a closer relationship with non-member economies, allowing it to learn further about their policy expectations and integrate their views in a more systematic way, contributing to reaffirming the OECD’s role as a global standard-setter, and supporting its strive for relevance.

Given its multidisciplinary character, the OECD participates in G20 meetings both at the highest political level (Leaders, Ministers, Sherpas, Finance Deputies) as well as at the technical level (Working Groups). The Sherpa Unit, headed by OECD Special Counsellor to the Secretary General, Chief of Staff and Sherpa Gabriela Ramos, works to contribute to virtually all of the Group’s strands of work and most G20 working groups with data, analytical reports, policy recommendations and standards. Our contributions to the Group’s work are frequently carried out in collaboration with other international organisations. More about the OECD and the G20...

The issues

Agriculture


Anti-corruption

Development

Employment and social policy

Energy, environment and green growth

Financing for investment

Financial sector reform

Framework for strong, sustainable and balanced growth

Taxation

Trade and investment

 

WATCH THE 2016 OECD FORUM SESSION DEVOTED TO OECD & G20 - TOWARDS AN INNOVATIVE, INVIGORATED, INTERCONNECTED AND INCLUSIVE WORLD ECONOMY

Find out more about the speakers

 

The G20 represents

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