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Achieving fiscal consolidation while promoting social cohesion in Japan

With gross government debt of 226% of GDP, Japan’s fiscal situation is in uncharted territory and puts the economy at risk. Japan needs a detailed and credible fiscal consolidation plan, including specific revenue increases and measures to control spending to restore its fiscal sustainability.




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Taxes, income and economic mobility in Ireland: new evidence from tax records data

This paper analyses income inequality in Ireland using a new panel dataset based on the administrative tax records of the Revenue Commissioners for Ireland.




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Promoting inclusive growth through better regulation: The role of regulatory impact assessment

This paper examines the potential contribution of RIA to better incorporating the inclusive growth perspective in regulatory decision-making.




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Monetary policy and inequality

This paper analyses two-way interactions between monetary policy and inequality in selected advanced economies. In the context of a highly accommodative monetary stance over recent years, the analysis focuses on the effects of monetary policy on inequality over the business cycle via its impacts on returns on assets, the cost of debt servicing and asset prices.




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Take the money and run: the uses and abuses of political funding

Blog article asks if our democratic processes are more responsive to the rich than they are to the poor and the middle class?




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Family-friendly governance in response to demographic challenges

In Hungary, young people want to have bigger families, but concerns over issues like housing and striking a work-life balance appear to be obstacles. In response, the government has introduced a range of family-friendly policies–a vital step in helping families fulfil their dreams and in meeting the challenge of a rapidly ageing population.




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Improving the Management of Major Risks in Morocco

Launch of the OECD review of the risk management policies in Morocco. The review provides an objective assessment of the strengths and weaknesses of Morocco's risk management policies by international experts.




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Making public finances more growth and equity-friendly in the euro area

To achieve a euro area fiscal stance that fosters the recovery, countries with fiscal space under the Stability and Growth Pact rules should use budgetary support to raise growth, and existing incentives and flexibility should be taken advantage of to pursue reforms of tax and spending policies.




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Most countries have room to increase public investment

Public investment benefits current as well as future generations.




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Deploy effective fiscal initiatives and promote inclusive trade policies to escape from the low-growth trap

For the last five years the global economy has been in a low-growth trap, with growth disappointingly low and stuck at around 3 per cent per year. Persistent growth shortfalls have weighed on future output expectations and thereby reduced current spending and potential output gains.




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Gender-balance in Parliaments: An indispensable condition for more democratic and sustainable societies

Women’s representation in parliaments remains a global issue. In 2016, women constituted 23% of parliamentarians over both upper and lower houses combined, with the Pacific, Arab States and Asia having the lowest representation (16.4%, 18.2%, and 19.2% respectively).




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One in five mobile phones shipped abroad is fake

Nearly one in five mobile phones and one in four video game consoles shipped internationally is fake, as a growing trade in counterfeit IT and communications hardware weighs on consumers, manufacturers and public finances, according to a new OECD report.




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Decentralisation to promote regional development in Indonesia

In 1998 Indonesia embarked on an ambitious course of decentralisation. Over a period of a few years, facilitated by financial transfers from the central government, responsibility for many public services and administrative tasks were devolved to local authorities.




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How to stop the slide from info-storms to post-factual democracy

Information is in no short supply these days. Indeed, as comedian Joey Novick has pointedly remarked: “The information in the world doubles every day. What they don’t tell us is that our wisdom is cut in half at the same time.”




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Participatory democracy: Portugal’s new frontier

Democracy is a living organism; it is made by and for the people. And encouraging more people to participate surely strengthens democracy.




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Can we save our democracies from hackers?

The first generation of those born into the internet age is already joining the workforce and yet the internet still manages to disrupt. The phenomenon of fake news is one of the by-products of digital transformation and it is worth taking a look at what is new, and not so new, and how it fits in to the rest of what some are calling the “post-truth world”.




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Making income and property taxes more growth-friendly and redistributive in India

Tax reforms are crucial to promoting inclusive growth in India.




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Public debt in India: Moving towards a prudent level?

In relation to GDP, India's public debt and interest payments are high compared with most other emerging economies and rating agencies have put India's sovereign debt at the lowest investment grade.




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The Role of Institutional Investors in Promoting Good Corporate Governance

This publication examines the role of institutional investors in promoting good corporate governance and reviews Australia, Chile and Germany in more detail.




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OECD and National Human Rights Institutions join forces to promote respect of human rights by multinational companies

07/11/12 - the OECD and the International Coordinating Committee of National Human Rights Institutions concluded a Memorandum of Understanding to promote respect by multinational enterprises of the new human rights chapter of the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles for Business and Human Rights upon which the OECD Guidelines are based.




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Banks’ restructuring and smooth deleveraging of the private sector in Slovenia

Slovenia is facing the legacy of a boom-bust cycle that has been compounded by weak corporate governance of state-owned banks. The levels of non-performing loans and capital adequacy ratios compare poorly in international perspective and may deteriorate further, which could require significant bank recapitalisation.




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Conference on promoting responsible investment in Myanmar

This conference focused on recent reforms undertaken by the government to improve the investment climate in Myanmar, and the ways that the international community can help ensure that renewed investor interest contributes to sustainable and inclusive development. It featured a discussion of the detailed finding of the recently released OECD Investment Policy Review of Myanmar.




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Moving beyond rhetoric: Responsibility in practice

This Global Forum plays an important role as the tool for on-going dialogue on responsible business conduct. I am pleased to announce that today, Ministers from over 20 countries are coming together to discuss how to integrate responsibility considerations throughout government policies. Their work will contribute to protect internationally recognised fundamental rights and to ensure good governance, fair regulations, and transparency.




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China and OECD to co-operate on promoting the responsible sourcing of minerals

Beijing, 24 October 2014 - China presented guidelines intended to provide a roadmap for the responsible business conduct of Chinese companies operating overseas. In addition, China and the OECD signed a Memorandum of Understanding to promote the implementation by Chinese companies of responsible business conduct in global mineral supply chains.




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New G20/OECD Principles of Corporate Governance will promote trust and improve functioning of financial markets

The G20/OECD Principles of Corporate Governance provide recommendations for national policymakers on shareholder rights, executive remuneration, financial disclosure, the behaviour of institutional investors and how stock markets should function.




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Promoting inclusive business through responsible business. Part 1 – Outsource production not responsibility

The private sector plays an important role in economic development. However to be beneficial to local populations, business must act responsibly. Part 1 of this blog discusses how business can do this, as laid out in the OECD Guidelines for Multinational Enterprises, and make a positive contribution to economic, environmental and social progress with a view to achieving sustainable development.




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Promoting inclusive business through responsible business. Part 2 – Shared value and community-based development

The private sector plays an important role in economic development. However to be beneficial to local populations, business must act responsibly. Part 2 of this blog focuses on how community engagement can help business achieve this, in harmony with the OECD Guidelines for Multinational Enterprises, and reinforce the link between responsible business and inclusive growth.




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New G20/OECD Principles of Corporate Governance to promote trust and improve the functioning of capital markets in Asia

As part of continuing efforts to support market confidence and business integrity, the OECD has launched in Asia a new set of corporate governance principles that were endorsed at the G20 Finance Ministers meeting in September 2015.




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Mineral supply chain and conflict links in Eastern Democratic Republic of Congo

Focused mainly on the Democratic Republic of the Congo, this report takes stock of 5 years of implementation of national and international programmes and initiatives designed to operationalise the recommendations of the OECD Due Diligence Guidance on Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas in the Great Lakes Region of Central Africa.




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COP21 session: Getting the most out of corporate climate change disclosure

Corporate climate change disclosure is crucial for providing decision-makers with information that will enable them to integrate climate considerations into their analyses. This side event to the 21st session of the Conference of the Parties will focus on ways to strengthen corporate climate disclosure frameworks, and to scale up the use of corporate climate change-related information.




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Trade facilitation and integrity go hand in hand? More than you think - OECD Insights blog

Is there a role for trade liberalisation and facilitation in zeroing in on corruption and supporting integrity in trade? Yes – and a greater one than you might think.




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Organising sporting events: Preventing corruption and promoting responsible business conduct

This brochure looks at the corruption, labour, human rights and environmental risks associated with the organisation of large sporting events. It describes how OECD instruments and expertise in implementation of complex projects can help host governments, event organisers and their business partners ensure that the world of sport remains associated with the traditional values of excellence and fair play.




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Changing business models of stock exchanges and stock market fragmentation

This report reviews structural changes in the stock exchange industry and provides data on M&A changes in the aggregate revenue structure of major stock exchanges. It describes the fragmentation of the stock market resulting from an increase in stock exchange-like trading venues, such as alternative trading systems (ATSs) and multilateral trading facilities (MTFs), and a split between dark (non-displayed) and lit (displayed) trading.




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Promoting sustainable development through responsible business conduct

Investment can help raise standards of living through job creation, skills and technology development, and distribution of wealth. Achieving these impacts, however, depends on the quality of the investment as much as the quantity. This chapter from the 2016 Development Co-operation Report discusses how responsible business conduct can directly contribute to achieving the SDGs, while also being good for business.




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Statement of OECD Secretary-General on the death of two members of the UN Group of Experts on the Democratic Republic of the Congo

“I am deeply saddened to learn about the tragic deaths of Michael Sharp and Zaida Catalan, members of the UN Group of Experts on the Democratic Republic of the Congo (DRC). On behalf of my Organisation, I wish to convey our condolences to their families and colleagues from the UN and beyond, who had the pleasure of working with them."




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Abolish modern slavery!

29 June 2017 - On the occasion of the 5th Global Forum on Responsible Business Conduct, Gabriela Ramos, OECD Chief of Staff and Sherpa to the G20, draws attention to the human rights abuse of modern slavery and makes a plea for reinforced international coordination and cooperation to help fight this unacceptable reality.




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China and the OECD partner to promote responsible business in global textile and apparel supply chains

30/01/2018 - The China National Textile and Apparel Council (CNTAC) and the OECD today signed a Memorandum of Understanding (MoU) that sets out their commitment to intensify co-operation to promote responsible business in global textile and apparel supply chains.




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Countries commit to step up efforts to drive more responsible business conduct through new OECD instrument

Ministers from OECD and developing economies have committed to step up their efforts to promote responsible business conduct by companies in order to drive more inclusive and sustainable economic growth.




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Brazil Exports (Fob): Motor Cars,Tractor Parts & Accessories

Exports (Fob): Mfc Prds - Motor Cars,Tractor Parts & Accessories in Brazil decreased to 63 USD Million in April from 132 USD Million in March of 2020. Exports (Fob): Mfc Prds - Motor Cars,Tractor Parts in Brazil averaged 160.64 USD Million from 1989 until 2020, reaching an all time high of 393.86 USD Million in August of 2011 and a record low of 26.81 USD Million in February of 1991. This page includes a chart with historical data for Brazil Exports of : Mfc Prds - Motor Cars,tractor P.




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Brazil Exports (Fob): Passenger Motor Vehicles

Exports (Fob): Mfc Prds - Passenger Motor Vehicles in Brazil decreased to 81 USD Million in April from 318 USD Million in March of 2020. Exports (Fob): Mfc Prds - Passenger Motor Vehicles in Brazil averaged 236.72 USD Million from 1989 until 2020, reaching an all time high of 1499 USD Million in September of 2019 and a record low of 4.08 USD Million in February of 1991. This page includes a chart with historical data for Brazil Exports of : Mfc Prds - Passenger Motor Vehi.




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Germany Imports from Mozambique

Imports from Mozambique in Germany decreased to 14552 EUR THO in February from 26839 EUR THO in January of 2020. Imports from Mozambique in Germany averaged 10803.45 EUR THO from 2000 until 2020, reaching an all time high of 58296 EUR THO in February of 2013 and a record low of 170 EUR THO in September of 2000. This page includes a chart with historical data for Germany Imports from Mozambique.




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Germany Imports from Morocco

Imports from Morocco in Germany decreased to 136440 EUR THO in February from 136990 EUR THO in January of 2020. Imports from Morocco in Germany averaged 62427.82 EUR THO from 2000 until 2020, reaching an all time high of 143829 EUR THO in March of 2019 and a record low of 26551 EUR THO in June of 2005. This page includes a chart with historical data for Germany Imports from Morocco.




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Germany Imports from Montenegro

Imports from Montenegro in Germany decreased to 1652 EUR THO in February from 1800 EUR THO in January of 2020. Imports from Montenegro in Germany averaged 1250.21 EUR THO from 2005 until 2020, reaching an all time high of 10553 EUR THO in September of 2012 and a record low of 42 EUR THO in August of 2006. This page includes a chart with historical data for Germany Imports from Montenegro.




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Germany Imports from Mongolia

Imports from Mongolia in Germany decreased to 880 EUR THO in February from 1563 EUR THO in January of 2020. Imports from Mongolia in Germany averaged 853.60 EUR THO from 2000 until 2020, reaching an all time high of 3443 EUR THO in April of 2015 and a record low of 1 EUR THO in March of 2001. This page includes a chart with historical data for Germany Imports from Mongolia.




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Germany Imports from Moldova

Imports from Moldova in Germany decreased to 23094 EUR THO in February from 24081 EUR THO in January of 2020. Imports from Moldova in Germany averaged 10680.17 EUR THO from 2000 until 2020, reaching an all time high of 28847 EUR THO in November of 2017 and a record low of 3771 EUR THO in June of 2005. This page includes a chart with historical data for Germany Imports from Moldova.




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Germany 12 Month Bubill Yield

Germany 1 Year Bond Yield was -0.57 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Germany 12 Month Bubill Yield reached an all time high of 4.74 in July of 2008.




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Ireland Inflation Rate MoM

The Consumer Price Index in Ireland increased 0.40 percent in March of 2020 over the previous month. Inflation Rate Mom in Ireland averaged 0.70 percent from 1969 until 2020, reaching an all time high of 8.12 percent in January of 1975 and a record low of -1.68 percent in January of 2009. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides the latest reported value for - Ireland Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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South Korea Money Supply M2

Money Supply M2 in South Korea increased to 2958283.40 KRW Billion in February from 2926410.10 KRW Billion in January of 2020. Money Supply M2 in South Korea averaged 726979.71 KRW Billion from 1970 until 2020, reaching an all time high of 2958283.40 KRW Billion in February of 2020 and a record low of 590.60 KRW Billion in January of 1970. South Korea Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - South Korea Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Italy Money Supply M2

Money Supply M2 in Italy increased to 1647897 EUR Million in February from 1628206 EUR Million in January of 2020. Money Supply M2 in Italy averaged 725183.05 EUR Million from 1980 until 2020, reaching an all time high of 1649898 EUR Million in November of 2019 and a record low of 132635 EUR Million in February of 1980. Italy Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Italy Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Gambia Money Supply M2

Money Supply M2 in Gambia decreased to 43029.30 GMD Million in February from 43145.80 GMD Million in January of 2020. Money Supply M2 in Gambia averaged 10373.56 GMD Million from 1992 until 2020, reaching an all time high of 43145.80 GMD Million in January of 2020 and a record low of 737.75 GMD Million in April of 1993. This page provides - Gambia Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.