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Country specific-material

Two rounds of the Survey of Adult Skills are under way: Round 1 (2008-13) with 24 participating countries, whose results were released in October 2013, and Round 2 (2012-16) with 9 participating countries, whose results will be released in 2016. A third round is scheduled to begin in May 2014.




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Teaching and Learning International Survey (TALIS)- Country profile - Flanders (Belgium)

Country profiles highlight some key findings from TALIS 2013 for individual countries and economies




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Public investment, tax and education reforms will help bolster inclusive growth in Belgium

A combination of market-based policies and a redistributive welfare state have boosted Belgium’s per-capita GDP to well above the average of OECD countries and raised well-being, according to a new OECD report.




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Risks That Matter 2018 Country Highlights: Belgium

Risks That Matter 2018 Country Highlights: Belgium




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Deposit Interest Rate in Brunei

Deposit Interest Rate in Brunei decreased to 0.31 percent in 2018 from 0.32 percent in 2017. Deposit Interest Rate in Brunei averaged 0.58 percent from 2004 until 2018, reaching an all time high of 1.17 percent in 2007 and a record low of 0.23 percent in 2012. 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 Brunei.




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Brunei Interest Rate

The benchmark interest rate in Brunei was last recorded at 5.50 percent. In Brunei, the Monetary Authority of Brunei Darussalam does not set a benchmark interest rate. Instead, the Prime Lending Rate is utilized as reference. This page provides the latest reported value for - Brunei Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Malawi Internet Speed

Internet Speed in Malawi decreased to 1308.79 KBps in the first quarter of 2017 from 1447.86 KBps in the fourth quarter of 2016. Internet Speed in Malawi averaged 825.29 KBps from 2007 until 2017, reaching an all time high of 1909.80 KBps in the fourth quarter of 2014 and a record low of 86.23 KBps in the third quarter of 2009. This page includes a chart with historical data for MalawiInternet Speed.




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Malawi Total External Debt

External Debt in Malawi increased to 1569794.22 MWK Million in 2018 from 1486661.76 MWK Million in 2017. External Debt in Malawi averaged 287479.95 MWK Million from 1984 until 2018, reaching an all time high of 1569794.22 MWK Million in 2018 and a record low of 980.60 MWK Million in 1984. This page provides - Malawi External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Deposit Interest Rate in Malawi

Deposit Interest Rate in Malawi decreased to 9.95 percent in the first quarter of 2017 from 11.41 percent in the fourth quarter of 2016. Deposit Interest Rate in Malawi averaged 15.43 percent from 1980 until 2017, reaching an all time high of 42 percent in the third quarter of 1995 and a record low of 3.50 percent in the first quarter of 2008. 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 Malawi.




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Mali Internet Speed

Internet Speed in Mali decreased to 773.93 KBps in the first quarter of 2017 from 1029.88 KBps in the fourth quarter of 2016. Internet Speed in Mali averaged 475.52 KBps from 2007 until 2017, reaching an all time high of 1029.88 KBps in the fourth quarter of 2016 and a record low of 235.49 KBps in the third quarter of 2010. This page includes a chart with historical data for MaliInternet Speed.




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Mali Terrorism Index

Terrorism Index in Mali increased to 6.65 in 2018 from 6.02 in 2017. Terrorism Index in Mali averaged 3.41 from 2002 until 2018, reaching an all time high of 6.65 in 2018 and a record low of 0 in 2003. 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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Mali Interest Rate

The benchmark interest rate in Mali was last recorded at 4.50 percent. Interest Rate in Mali averaged 4.03 percent from 2010 until 2020, reaching an all time high of 4.50 percent in December of 2016 and a record low of 3.50 percent in September of 2013. Mali is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate. This page provides - Mali Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Reform urgently needed to ensure long-term growth in Czech Republic, says OECD

The Czech economy’s export-driven recovery is slowing as weak activity Europe curbs exports. Swift implementation of new reforms is needed to ensure sustainable, inclusive long-term growth and better resilience to external shocks, according to the latest Economic Survey of the Czech Republic.




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External factors threaten Swiss economic recovery, OECD says

Switzerland has made a broadly balanced recovery from the economic crisis, but slower activity in Europe and pressures on the Swiss franc weigh on the near-term outlook, according to the latest Economic Survey of Switzerland.




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G20 Quarterly Gross Domestic Product, first quarter 2012, OECD

Quarterly Gross Domestic Product (GDP) in the G20 area grew 0.8% in the first quarter of 2012 compared with 0.7% in the fourth quarter of 2011, according to preliminary estimates. This small pick-up in aggregate G20 GDP growth still masks diverging patterns among the world's largest economies however.




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Economy: The United States needs to foster education and innovation to keep its cutting edge

The United States should do more to foster innovation and provide more equitable access to high-quality education in order to maintain its status as the world's most vibrant and productive economy, according to OECD's latest Economic Survey of the United States.




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Structural reforms to boost Turkey’s long-term growth

Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise.




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Canada: Tertiary education: developing skills for innovation and l-t growth

The tertiary education system in Canada performs well in fostering a skilled workforce with generally good labour market outcomes and is internationally recognised for its research contributions.




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Quarterly National Accounts - Contributions to GDP growth - Second quarter 2012, OECD

Real GDP growth in the OECD area slowed to 0.2% in the second quarter of 2012, compared with 0.4% in the first quarter.




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India: Sustaining high and inclusive growth - Better Policies Series

Renewed impetus for reforms is essential for India to continue to narrow its major gap in living standards with middle-income and OECD economies, to reduce widespread poverty, to reverse rising inequality and to improve the wellbeing of all Indians. Based on the expertise of OECD, this report presents an update of policy advice in critical areas to India’s long-term economic performance and social development.




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Portugal: rebalancing the economy and returning to growth through job creation and better capital allocation

Low growth and huge current account deficits have characterised the Portuguese economy over the past decade.




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Mr. François Hollande, President of the French Republic, met with the Heads of international economic organisations at the OECD

The President of the French Republic, Mr. François Hollande, met the Heads of international economic organisations at the OECD on Monday 29th October.




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Health care reform and long-term care in the Netherlands

The Netherlands, as other OECD countries, faces the challenge of providing high quality health and long term care services to an ageing population in a cost-efficient manner.




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Why do Russian firms use fixed-term and agency work contracts?

This study looks into the use of fixed term contracts and agency work in Russia during and shortly after the crisis 2009 10 with the help of an enterprise survey.




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Labour market and social policies to foster more inclusive growth in Sweden

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




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Speeding up reforms will foster more inclusive and greener growth in China

China has made tremendous progress toward achieving inclusive growth, but major reforms are needed to ensure a fourth decade of rapidly converging living standards and a greener economy, according to the OECD’s latest Economic Survey of China.




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Stepping up the pace of reform and fostering greener and more inclusive growth in China

China’s new leadership has signalled that it is time to step up the pace of reform, building on the remarkable economic and social achievements to date while recognising the pressing need for deep structural changes. Indeed, far-reaching reforms are necessary for continuing to raise living standards and well-being, even as China is poised to become the world’s largest economy by around 2016.




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Youth labour market performance in Spain and its determinants - a micro-level perspective

This paper provides both descriptive and empirical evidence about the main youth labour market problems in Spain. Using the experiences of other EU economies as a benchmark, we document the performance of Spain as regards a wide set of youth labour market dimensions.




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The determinants of informality in Mexico’s states

Informality has important implications for productivity, economic growth, and the inequality of income. In recent years, the extent of informal employment has increased in many of Mexico's states, though highly heterogeneously.




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Slovak Republic: Fostering an inclusive job-rich recovery - OECD Better Policies Series

The Slovak Republic is one of the most dynamic economies in the euro area. The country has continued to converge rapidly towards the living standards of advanced OECD economies. However, the Slovak Republic should continue on its path of reform to achieve balanced, fair and sustainable growth, according to a new OECD report.




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Written Statement to the International Monetary and Financial Committee - April 2013

The OECD provides an update on global economy in this statement to the International Monetary and Financial Committee - April 2013.




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Speech delivered to the OECD Council by the Prime Minister of Portugal, HE. Pedro Passos Coelho

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.




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Policy determinants of school outcomes under model uncertainty: evidence from South Africa

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.




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Better civil justice systems can boost investment, competition, innovation and growth, OECD says

Well-functioning judicial systems play a crucial role in determining economic performance – notably by guaranteeing the security of property rights and the enforcement of contracts – but not all countries’ judiciaries operate at the same level of efficiency.




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Judicial performance and its determinants: a cross-country perspective

Judicial performance and its determinants: a cross-country perspective




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A projection method for public health and long-term care expenditures

This paper proposes a new set of public health and long-term care expenditure projections until 2060, seven years after a first set of projections was published by the OECD. It disentangles health from long-term care expenditure, as well as the demographic from the non-demographic drivers, and refines the previous methodology, in particular by extending the country coverage.




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Public spending on health and long-term care: a new set of projections

This paper provides new projections of public spending on health and long-term care for OECD countries and the BRIICS countries (Brazil, Russia, India, Indonesia, China and South Africa). Despite the inevitable uncertainty surrounding projections, they suggest a rapidly rising trend over the next 50 years.




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Policies to support sustainable long-term growth in New Zealand

As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and resources will have to shift towards activities that rely more on skills, technology and intangible assets.




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Innovation, diversification and better logistics key to sustainable and inclusive growth, says latest Latin American Economic Outlook

After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.




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Brazilian economy is expanding again but long-term challenges remain, says OECD

Brazil has moved up the ranks of the world’s largest economies while making economic growth ever more inclusive.




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Informal employment in Russia: definitions, incidence, determinants and labour market segmentation

This paper takes stock of informal employment in Russia analysing its incidence and determinants. Using the regular 2003-11 waves and an informality supplement of the Russian Longitudinal Monitoring Survey (RLMS) it develops several measures of informal employment and demonstrates that the incidence varies widely across the different definitions.




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Joint OECD and ESRI workshop: Long-term prospects of the world economy up to 2060 and their policy implications

Over the next 50 years, the world economic landscape will be shaped, among other things, by demographic developments, continuing trade and investment integration, a shift of gravity towards emerging economies, the rising role of knowledge-based capital, global environmental pressures and the correction of fiscal and current account imbalances.




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Poland can grow faster through labour market and pro-competition reforms, OECD says

Poland’s economic performance has been impressive over the past 15 years, but further reforms are now needed to put the economy firmly back on track for stronger and sustainable growth, according to the OECD’s latest Economic Survey of Poland.




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OECD forecasts during and after the financial crisis: a post mortem

This note discusses OECD forecast performance over the period 2007 12. It focuses on the lessons that can be learned from cross-country differences in growth forecast errors and the changes to forecasting models and procedures that have been prompted by the experience of the crisis.




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Short-term indicator models for quarterly GDP growth in the BRIICS: a small-scale bridge model approach

This paper extends the OECD Economics Department’s suite of short-term indicator models for quarterly GDP growth, which currently cover only the G7 countries, to the BRIICS countries.




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New evidence on the determinants of industrial specialisation

Industrial specialization has important implications for economic performance; therefore, understanding its determinants is of key policy relevance.




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Netherlands: Make economic, innovation and territorial reforms work together to boost growth and competitiveness, says OECD

The Netherlands is gradually emerging from a double-dip recession with strengthened public finances and reforms on track to improve the labour and housing markets and the health care and pension systems. These reforms are paying off, says the OECD. Growth is expected to reach 1% this year and 1.3% in 2015.




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Countries must improve resilience to disasters or face mounting costs, OECD says

Smarter planning for natural and man-made disasters that increases collaboration between countries and encourages households and businesses to take more responsibility would improve resilience and reduce future economic losses, a new OECD report says.




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Economic policies and microeconomic stability: a literature review and some empirics

This study reviews the existing literature on the link between economic policies and economic stability at the firm and household level. Based on firm-level and household-level data for a wide range of OECD countries, it also provides preliminary results on sources and patterns of microeconomic volatility.




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Trade specialisation and policies to foster competition and innovation in Denmark

Danish productivity has grown only weakly over the past two decades, both historically and in relation to other countries, despite sound policies and institutions. Denmark needs to continue its efforts to reap the benefits of globalisation, which would contribute to invigorating productivity growth.