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2015 G20-OECD High-level roundtable on institutional investors and long-term investment

Singapore, 28 May 2015: This roundtable will focus on key themes related to G20 work, including how policy makers and investors can facilitate private sector infrastructure financing, the development of infrastructure as an asset class, and issues relating to the regulation of long-term investment.




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China: Banking on a new international financial institution

In October 2014 China launched the Asian Infrastructure Investment Bank (AIIB), drawing wide international attention. Nearly 60 countries have joined the new international financial institution, including several OECD member and partner countries, though others have remained cautiously outside. What is the purpose of the new bank and what impact will it have? We asked Yide Qiao for his views.




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OECD Ministers launch new framework to boost sustainable investment

OECD Ministers have endorsed updated guidelines to help national governments and regional groups create the right conditions to attract domestic and foreign investment.




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OECD Ministers reinforce importance of investment for strong, green and inclusive growth

The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.




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Low interest rates threaten solvency of pension funds and insurers

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.




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Financial Education for Long-term Savings and Investments: Review of Research and Literature

Long-term savings and investments (LTSI) by individuals enhances their financial security while also supporting growth and financial development. Evidence shows that financial knowledge and skills are positively related to LTSI behaviour, and indicates a strong correlation between levels of financial literacy and retirement wealth accumulation.




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OECD presents outputs of OECD/G20 BEPS Project for discussion at G20 Finance Ministers meeting

The OECD presented today the final package of measures for a comprehensive, coherent and co-ordinated reform of the international tax rules to be discussed by G20 Finance Ministers at their meeting on 8 October, in Lima, Peru.




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OECD-INFE Core Competencies Framework on Financial Literacy for Youth

This document outlines the objectives and key components of the framework, and presents the flexible, outcome-based, core competencies framework itself. The framework is designed to be applicable to youth aged 15 to 18, describing the basic level of financial literacy that is likely to be needed by this group to fully and safely participate in economic and financial life.




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OECD/Euromoney Conference on long-term investment financing

Paris, 19-20 November 2015: Bringing together senior executives representing the world’s largest institutional investors, senior policy makers and regulators, debates focused on issues affecting long-term investment, including: asset allocation concepts; regulation; governance; energy and natural resources; and, brownfield and greenfield infrastructure.




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Financial education and the long-term integration of refugees and migrants

This brochure looks at how financial education can contribute to longer term policies aimed at facilitating the integration of refugees. The provision of financial education, as a complement to supply-side financial inclusion initiatives as well as other education and health support, can support refugees and migrants by facilitating social and labour market inclusion as well as improve their (financial) well-being.




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Financial instruments for managing disaster risks related to climate change

This article addresses the potential implications of climate change for the financial management of disaster risks. It outlines the contribution of insurance to reducing the economic disruption of disaster events and policy approaches to supporting the penetration of disaster insurance coverage and the capacity of insurance markets to absorb disaster risks.




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2016 G20-OECD High-level roundtable on institutional investors and long-term investment

Singapore, 25 April 2016: This roundtable focused on key themes related to G20 work, in particular the views of the private sector on current work developed by the OECD for the G20 Presidency toward promoting more diversified and innovative infrastructure financing.




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OJK-OECD High-level Regional Seminar on Empowering MSMEs through Financial Literacy and Inclusion

Jakarta, 1-2 June 2016: This seminar addressed the importance of financial literacy and financial education for empowering micro, small and medium-sized enterprises (MSMEs).




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G20-OECD-INFE Core Competencies Framework on Financial Literacy for Adults

This document outlines the objectives and key components of the framework, and presents the flexible, outcome-based, core competencies framework itself. The framework is designed to be applicable to adults aged 18 and over, describing the basic level of financial literacy that is likely to be needed by this group to fully and safely participate in economic and financial life.




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Core competencies frameworks on financial literacy

The core competencies frameworks on financial literacy highlight a range of financial literacy outcomes that may be considered important for adults, youth, or owners and managers of micro, small and medium-sized enterprises (MSMEs) and of potential entrepreneurs.The core competencies frameworks on financial literacy for youth and adults were developed in response to a call from G20 Leaders in 2013.




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OECD financial literacy study finds many adults struggle with money matters

12/10/2016 – Adults in many countries around the world display low levels of financial knowledge, fail to engage in financial behaviours that could improve their financial security and have financial attitudes oriented towards the short-term, as shown in the OECD/INFE International Survey of Adult Financial Literacy Competencies released today.




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OECD/INFE International Survey of Adult Financial Literacy Competencies

This report contains the results of an international data collection survey that measured the financial literacy and financial inclusion of adults. A total of 51,650 adults aged 18 to 79 from 30 countries and economies participated in the survey.




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Student loans, indebtedness, and financial literacy in the United States

Annamaria Lusardi is the Denit Trust Chair of Economics and Accountancy at the George Washington University School of Business. Following the release of new data focused on Americans’ financial capability, she draws attention to some of the findings in the study, focusing on three areas of great importance to the personal finances of Americans: student loans, indebtedness, and financial literacy.




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OECD Recommendation on Disaster Risk Financing Strategies

Adopted by the OECD Council on 23 February 2017, this Recommendation provides high-level policy guidance for designing a strategy for addressing the financial impacts of disasters on individuals, businesses and sub-national levels of governments, as well as the implication for public finances.




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Financial education for micro, small and medium-sized enterprises in Asia

This paper describes and provides guidance on policy and practice relating to financial education for MSMEs and potential entrepreneurs in Asia, with a particular focus on Indonesia.




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Responsible business conduct for institutional investors: Key considerations for due diligence under the OECD Guidelines for Multinational Enterprises

Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios.




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Launch: OECD PISA financial literacy assessment of students

24 May 2017: PISA 2015 Results (Volume IV): Students’ Financial Literacy explores students’ experience with and knowledge about money and provides an overall picture of 15-year-olds’ ability to apply their accumulated knowledge and skills to real-life situations involving financial issues and decisions.




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Many teenagers struggle to understand money matters

Around one in four students in the 15 countries and economies* that took part in the latest OECD Programme for International Student Assessment (PISA) test of financial literacy are unable to make even simple decisions on everyday spending, while only one in ten can understand complex issues, such as income tax.




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Can better international co-operation help build a fairer global economy?

Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.




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Increased international co-operation on financial and corporate issues essential to making globalisation work for all

Globalisation has failed to create a level playing field in trade, investment and corporate behaviour, being one of the factors contributing to a backlash against openness in many countries and a decline in confidence in government institutions.




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Better but not good enough: New approaches are needed to make globalisation work for all, OECD says in latest Economic Outlook

The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD’s latest Economic Outlook.




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G20/OECD INFE report on adult financial literacy in G20 countries

This report describes the levels of financial literacy of adults in G20 countries and the Netherlands and Norway, guest countries under the G20 German Presidency. It was presented to G20 Leaders at their 2017 Summit meeting in Hamburg on 8 July 2017.




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Open and Orderly Capital Movements: Interventions from the 2016 OECD High-Level Seminar

This collection compiles the contributions of senior policy experts, academics, and economic practitioners on developments in the financial integration and financial regulation of cross-border capital flows since the 2008 global financial crisis at the OECD High-Level Seminar “Open and Orderly Capital Movements” held in October 2016.




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OECD-ADBI-SBV Conference on Financial Literacy and Consumer Protection

Hanoi, Vietnam, 3-4 October 2017. This conference provided a forum to discuss best practices on developing financial education and consumer protection in Vietnam and other Southeast Asian countries.




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Gender gaps in financial literacy and financial education

This chapter from "The Pursuit of Gender Equality: An Uphill Battle" shows that two-thirds of the 30 economies participating in a financial literacy survey reported that gender differences in financial knowledge and confidence persist.




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Small business access to alternative finance increasing as new bank lending declines

Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report.




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International Seminar on Pension Supervision and Regulation 2018

23 February 2018, Dublin - This event focussed on how to build better retirement by ensuring value for money, implementing automatic enrolment and designing retirement pay-outs.




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Financial inclusion and literacy in the South American Andes

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




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5th Global Policy Research Symposium to Advance Financial Literacy

18 May 2018, Paris, France: The 2018 symposium focused on the relationship between financial education policies and broad economic, financial and social outcomes, including its role in supporting sustainable and inclusive growth.




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The Application of Behavioural Insights to Financial Literacy and Investor Education Programmes and Initiatives

Behavioural insights have the potential to enhance the effectiveness of financial literacy and investor education initiatives. This IOSCO/OECD report explores the extent to which they are being used, reviews the available literature and presents various approaches for policy makers and practitioners to consider when seeking to change financial behaviour.




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G20-OECD INFE Policy Guidance Digitalisation and Financial Literacy

The digitalisation of financial products and services, and the consequent need to strengthen digital financial literacy has become an important component of the global policy-making agenda. This guidance aims to identify and promote effective initiatives that enhance digital and financial literacy in light of the unique characteristics, advantages, and risks of digital financial services and channels.




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OECD INFE core competencies framework on financial literacy for MSMEs

This document contains a high-level, outcome-based, internationally relevant, core competencies framework on financial literacy for micro, small and medium-sized enterprises (MSMEs) and potential entrepreneurs. It highlights a range of outcomes that may be important to sustain or improve their financial literacy.




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OECD-Russia symposium on financial literacy

4-5 October 2018, Moscow, Russian Federation: The symposium will focus on innovative implementation approaches to deliver global progress on financial literacy.




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2018 Annual Meeting of the OECD CVM Centre on Financial Education and Literacy in Latin America and the Caribbean

12-13 November 2018, São Paulo, Brazil - A series of events addressing the most recent trends, opportunities and challenges in financial education will be co-hosted by the OECD and CVM Brazil.




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2019 Workshop of the G20/OECD Task Force on Long-term Investment

30 January 2019, Singapore - This Workshop will bring together academics, public stakeholders and industry experts to discuss data collection and benchmarks for quality infrastructure investment and blockchain and innovation in sustainable infrastructure.




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IOPS International Conference on Pension Supervision and Regulation 2019

7 March 2019 - The International Conference on Pension Supervision and Regulation this year will focus on Options for creating sustainable pension systems in emerging markets and will take place in New Delhi, India.




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Combating Money Laundering and the Financing of Terrorism in Latvia: Overview

A robust and resilient anti-money laundering and combating of terrorism financing (AML/CFT) regime is the first step towards being able to implement effective legal, regulatory and operational measures. This document describes recommendations made by the OECD in relation to Latvia’s efforts to strengthen its AML/CFT supervisory and control systems.




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Exchange rates, interest rates and other monthly monetary and financial statistics

Monthly monetary and financial statistics contains financial statistics on five separate subjects: monetary aggregates, interest rates, exchange rates, reserve assets, and share prices.




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Mr. Angel Gurría, Secretary-General of the OECD, at G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, 17-18 July 2019

Mr. Angel Gurría, Secretary-General of the OECD, will participate in the G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, on 17-18 July 2019.




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Nepal Interest Rate

The benchmark interest rate in Nepal was last recorded at 6 percent. Interest Rate in Nepal averaged 6.73 percent from 2003 until 2020, reaching an all time high of 8 percent in July of 2012 and a record low of 5.50 percent in September of 2003. In Nepal, interest rates decisions are taken by the Nepal Rastra Bank. The official interest rate is the bank rate. This page provides - Nepal Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Deposit Interest Rate in Rwanda

Deposit Interest Rate in Rwanda decreased to 5.39 percent in 2018 from 5.95 percent in 2017. Deposit Interest Rate in Rwanda averaged 7.64 percent from 1980 until 2018, reaching an all time high of 11.01 percent in 1996 and a record low of 5 percent in 1993. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Rwanda.




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Rwanda Public External Debt

External Debt in Rwanda increased to 3010 USD Million in 2017 from 2453 USD Million in 2016. External Debt in Rwanda averaged 1280.38 USD Million from 1991 until 2017, reaching an all time high of 3010 USD Million in 2017 and a record low of 511.20 USD Million in 2006. This page provides - Rwanda External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Rwanda Terrorism Index

Terrorism Index in Rwanda increased to 2.95 in 2018 from 2.18 in 2017. Terrorism Index in Rwanda averaged 2.73 from 2002 until 2018, reaching an all time high of 3.94 in 2010 and a record low of 0.42 in 2004. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).




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Long-Term Care in Belgium

An overview of the long-term care situation in Belgium is available here.




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Education: Korea tops new OECD PISA survey of digital literacy

Korea tops a new OECD PISA survey that tests how 15-year olds use computers and the Internet to learn. The next best performers were New Zealand, Australia, Japan, Hong-Kong China and Iceland.