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The OECD has contributed extensively to the definition of the G20 development concepts, based on growth and resilience, as well as knowledge sharing and policy dialogues to benefit low-income countries.

 


G20 MULTI YEAR ACTION PLAN (MYAP)

 The OECD has been an active member of the G20 Development Working Group (DWG) since its establishment in the summer of 2010. Alongside other international organisations, the OECD provided analytical support to G20 member countries in the design of the G20 Seoul Development Consensus for Shared Growth which lays out the G20 Development Principles and the related Seoul Multi-Year Action Plan. The MYAP was divided into nine pillars, with the OECD either co-ordinating or contributing to the work in 8 of these areas:  

  1. infrastructure*
  2. human resource development*
  3. trade*
  4. private investment and job creation*
  5. food security*
  6. growth with resilience*
  7. financial inclusion
  8. domestic resource mobilisation*
  9. knowledge sharing*

SAINT PETERSBURG DEVELOPMENT OUTLOOK

Following the completion of several of the pillars of the MYAP, the Saint Petersburg Development Outlook (pdf) refocused the G20 approach to development around 5 priority areas:

  1. infrastructure
  2. food security
  3. financial inclusion
  4. domestic resource mobilisation
  5. human resource development.
The Outlook goes on to state the main challenges, the responses and the new G20 actions required.

Moreover, responding to the G20 Leaders’ call in Los Cabos to ensure assessment and accountability for G20 development actions, the G20 Development Working Group (DWG) conducted its first accountability exercise in 2013, under the Russian Presidency of the G20. The OECD has been involved in the preparation to examine implementation, identify lessons learned, draw conclusions and determine next steps for the G20 development agenda and inform the Saint Petersburg Development Outlook.

The Saint Petersburg Development Outlook requested that the Development working group produce an Accountability Report every 3 years. The OECD will support the next accountability exercise to be carried out in 2016, under China’s Presidency of the G20. 


DEVELOPMENT UNDER THE TURKISH PRESIDENCY OF THE G20

Under the Turkish Presidency, the OECD supported all of the various strands of G20 work on development and helped to incorporate and mainstream a Low Income and Developing Countries (LIDCs) perspective in the broader G20 work. The OECD contributed to the G20 and LIDCs Framework, which provides, inter-alia, possible ways forward for the G20 in the development domain, notably in light of the just-agreed Agenda 2030.

The Organisation also contributed to the elaboration of a G20 Inclusive Business Framework and co-led IOs’ contributions on infrastructure investment in developing countries, with the World Bank Group. Collectively 2 reports were produced, one on Promoting Better Understanding of Risk and Return in Infrastructure Investment in LIDCs and the other on Stock-taking of Selected Policy Indicators on the Enabling Environment for Infrastructure Investment. The OECD also inputted into the Multi-Year Framework for Policy Coherence and Coordination on Human Resource Development (HRD) and delivered the World Indicators of Skills for Employment (WISE) database to the G20. Furthermore, we made an active contribution to the development of the G20 Action Plan on Food Security and Sustainable Food Systems. In the realm of domestic resource mobilisation, the OECD has been working with other IOs to ensure developing countries will be in a position to benefit from the new international tax environment (LIDCs pilots for Automatic Exchange of Information, toolkits for an effective use of tax incentives, access to quality transfer pricing comparability data, etc.),  with dedicated initiatives such as Tax Inspectors without Borders (in partnership with UNDP) and partnerships with other IOs (IMF, WBG, RDBs) and regional tax organisations (e.g. ATAF).

  


 

OECD CONTRIBUTIONS TO G20