Borrowing operations by OECD governments are set to decrease, as their borrowing needs continue to decline, according to a new OECD report. Net borrowing needs are projected to fall from USD 2.0 trillion in 2013 to USD 1.5 trillion in 2014, the lowest level since 2007.

This blog post by Sony Kapoor, Managing Director, Re-Define International Think Tank, gives his view on why the OECD – which uniquely houses financial, development, infrastructure and environmental expertise under one roof – must take charge of promoting long-term investment in developing country infrastructure.

What are the economic effects of implicit bank debt guarantees and who ultimately benefits? This report sheds light on these questions

The current low interest rate environment poses a significant risk for the long-term financial viability of pension funds and insurance companies, as they seek to generate sufficient returns to meet promises, according to a new OECD report.

This report provides estimates of the costs associated with bank resolution both in terms of the expected costs that might arise should a bank fail (i.e. as "ex-post" costs), as well as the cost associated with the likelihood that a solvent bank might fail (i.e. as "ex-ante" costs) over the next year.

This study explores the effectiveness of the incentive mechanisms embedded within the UK’s Funding for Lending Scheme (FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs).

Sovereign gross borrowing needs in the OECD area have continued to decline from the peaks attained in 2012. They are expected to be USD 9.5 trillion in 2017, approximately the same level as 2016.

This paper presents the findings of an international stocktaking of the regulatory frameworks that apply to institutional investment in different jurisdictions and how these frameworks are interpreted by institutional investors in terms of their ability or responsibility to integrate environmental, social and governance (ESG) factors in their governance processes.

Focusing on Bolivia, Colombia, Ecuador, and Peru, Maria José Roa, a Senior Researcher at the Center for Latin American Monetary Studies, looks at how financial literacy survey results can play a role in the development of financial inclusion strategies

Although financial inclusion levels have improved in all Southeast Asian countries in recent years, levels remain relatively low in some countries. This report evaluates current levels of financial inclusion and financial literacy in Southeast Asia and describes the policies and programmes developed to support financial inclusion, education and consumer protection.

26-27 November 2018, Vientiane, Lao People's Democratic Republic. The conference will provide a forum to discuss best practices on developing financial education and consumer protection in supporting financial inclusion in Lao P.D.R and other Southeast Asian countries.

8/2/2019 - Gross borrowings of OECD governments from the markets are set to reach a new record level in 2019 by exceeding USD 11 trillion. While government funding needs in the wake of the financial crisis increased in most OECD countries, the recent further increase is confined to a few countries, particularly the United States.

This report provides updates of trends and developments associated with sovereign borrowing requirements and debt levels from the perspective of public debt managers for the OECD area and country groupings.

The number of employed persons in Rwanda increased to 3405.88 Thousand in the fourth quarter of 2019 from 3152.83 Thousand in the third quarter of 2019. Employed Persons in Rwanda averaged 3250.92 Thousand from 2019 until 2019, reaching an all time high of 3405.88 Thousand in the fourth quarter of 2019 and a record low of 3152.83 Thousand in the third quarter of 2019. This page provides - Rwanda Employed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fighting foreign bribery is not a priority in Belgium. Together with the flagrant lack of resources for Belgian law enforcement authorities, this has resulted in very few foreign bribery investigations and prosecutions. In the 14 years since the entry into force of the foreign bribery offence in Belgium, only one case of bribery of foreign public officials has been concluded.

This note presents key findings for Belgium from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides a special chapter on: the crisis and its aftermath: a “stress test” for societies and for social policies.

The Co-operative Research Programme (CRP)'s Call for Applications for conference sponsorship and research fellowships for funding in 2019 is now CLOSED. The CRP supports work on sustainable use of natural resources in agriculture, forests, fisheries and food production.

Capacity Utilization in South Africa decreased to 79.90 percent in the fourth quarter of 2019 from 80.40 percent in the third quarter of 2019. Capacity Utilization in South Africa averaged 81.86 percent from 1971 until 2019, reaching an all time high of 86.20 percent in the first quarter of 1974 and a record low of 76.90 percent in the third quarter of 1992. This page provides - South Africa Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Isle of Man stands at 20 percent. Personal Income Tax Rate in Isle of Man averaged 19.29 percent from 2004 until 2020, reaching an all time high of 20 percent in 2010 and a record low of 18 percent in 2005. In Isle of Man, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Isle of Man. This page provides - Isle of Man Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from South Korea in Turkey increased to 560.01 USD Million in March from 476.45 USD Million in February of 2020. Imports from South Korea in Turkey averaged 542.28 USD Million from 2014 until 2020, reaching an all time high of 764.94 USD Million in October of 2017 and a record low of 281.38 USD Million in April of 2014. This page includes a chart with historical data for Turkey Imports from South Korea.

Imports from South Africa in Turkey decreased to 36.23 USD Million in March from 51.03 USD Million in February of 2020. Imports from South Africa in Turkey averaged 96.69 USD Million from 2014 until 2020, reaching an all time high of 366.56 USD Million in January of 2018 and a record low of 27.83 USD Million in August of 2019. This page includes a chart with historical data for Turkey Imports from South Africa.

The number of employed persons in Greece decreased to 3779.23 Thousand in February of 2020 from 3857.07 Thousand in January of 2020. Employed Persons in Greece averaged 4053.86 Thousand from 2004 until 2020, reaching an all time high of 4658.20 Thousand in October of 2008 and a record low of 3438.10 Thousand in March of 2015. In Greece, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides the latest reported value for - Greece Employed Persons - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate For Companies in Cyprus stands at 8.30 percent. Social Security Rate For Companies in Cyprus averaged 10.03 percent from 2006 until 2019, reaching an all time high of 11.50 percent in 2014 and a record low of 7.80 percent in 2017. In Cyprus, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Cyprus because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Cyprus Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Cyprus increased to 416.50 Thousand in 2019 from 400.80 Thousand in 2018. Employed Persons in Cyprus averaged 283.58 Thousand from 1970 until 2019, reaching an all time high of 416.50 Thousand in 2019 and a record low of 135 Thousand in 1975. In Cyprus, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Cyprus Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Austria should eliminate subsidies which encourage early retirement and target social transfers more effectively, according to the OECD’s latest economic survey.

Europe's sovereign debt crisis has exposed structural weaknesses in economic governance that now threaten the entire euro region. Efforts to reinforce public finances and preserve the currency union must go further than solutions proposed to date.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

Korea recovered faster and more vigorously from the global crisis than most OECD countries, but strong economic growth alone will not be enough to address the fundamental challenges posed by its rapidly ageing population and rising inequality, according to the latest Economic Survey of Korea.

Economic policy should be better designed to bring about more inclusive growth, ensuring that the benefits of increased prosperity are shared more evenly across society, according to a new report from the OECD and the World Bank.

Korea faces the challenge of reversing rising inequality while sustaining robust economic growth.

Ce document présente les principales recommandations de l'OCDE pour la France dans des domaines essentiels tels que la croissance et l’emploi (efficacité des services publics, système financier, innovation, fonctionnement des marchés des produits et du travail, éducation, retraites, réforme fiscale, croissance verte et agriculture) et la justice sociale (santé, logement, famille, jeunesse, intégration).

This paper explores the growing importance of intangible assets as a potential source of innovation and productivity gains, and the contribution of efficient resource allocation to this process.

The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting that some countries are more successful at channelling resources to high productivity firms than others.

In several OECD countries, ongoing fiscal consolidation might have a negative impact on the static income distribution. However, this conclusion should be treated only as an approximate first step in the analysis.

Sweden is a very egalitarian country but inequalities have risen and some groups are poorly integrated into the labour market.

In this paper we document the impact of education levels on labour market outcomes from 1994 to 2010 using national household survey data.

In this paper we include measures of school quality in regressions determining the labour market premiums to education level.

OECD’s PISA publications highlight the impact of economic, social and cultural status (ESCS) on students’ results within countries. The focus here is to investigate whether ESCS measures could contribute to differences in aggregate educational outcomes between countries.

In his speech to OECD Ambassadors, the President of Iceland discussed how Iceland could offer lessons on the nature of a clean energy economy; and presented some insights from Iceland's recent challenges in dealing with the financial crisis.

Instead of resorting to trade measures such as export restrictions, Chile manages its minerals sector through a combination of balanced taxation, stable investment measures, good management of tax revenue, exchange rate policy and initiatives aimed at producing a multiplier effect of economy-wide development, according to this study.

A simple econometric framework is presented linking current account balances of euro area countries to intra and extra euro area competitiveness, cyclical positions, fiscal positions and the oil price.

Luxembourg is a rich and fast-growing country. However, inequality of disposable incomes has trended up modestly over the past decades and relative poverty has risen reflecting mainly the rapid growth of high incomes.

Today the OECD is publishing a report on Portugal's challenges as far as structural reform is concerned. The OECD is an outstanding reference for policy-makers all around the world and I wanted my country to benefit from your skills, experience, and insights, especially on the question of structural reform, said the Portuguese Prime Minister.

Investment in knowledge-based capital (KBC) – assets that lack physical embodiment, such as computerised information, innovative property and economic competencies – has been rising significantly. This has implications for innovation and productivity growth and requires new thinking on policy.

South Africa has achieved remarkable progress in educational attainment relative to other emerging countries, but the quality of basic education for a large fraction of the Black African population is still very low.

In this paper we assess the determinants of secondary school outcomes in South Africa. We use Bayesian Averaging Model techniques to account for uncertainty in the set of underlying factors that are chosen among a very large pool of explanatory variables in order to minimize the risk of omitted variable bias.

This study proposes a structured approach to selecting instruments of fiscal consolidation that are consistent with growth, equity and global-rebalancing objectives, which is then illustrated with a particular application.

Labour market reform to improve growth prospects and reduce inequality is a top priority in the face of rapid population ageing and a dualistic labour market. Sustaining output growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from under-employed segments of the population.

A moderate recovery is underway in the major advanced economies, according to the OECD’s latest Interim Economic Assessment. Growth is proceeding at encouraging rates in North America, Japan and the UK. The euro area as a whole is out of recession, although output remains weak in a number of countries.

Poverty and income inequality have worsened since the onset of the crisis. While the design of fiscal measures has mitigated the burden sharing of fiscal adjustment, as the recession has deepened unemployment has risen, earnings have declined and social tensions have increased.