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Fiscal incentives for R&D and innovation in a diverse world

Public policy has an important role to play in promoting research and development (R&D) and the development, diffusion, and use of new knowledge and innovations. Fiscal incentives, including tax policies, should be directed at specific barriers, impediments or synergies to facilitate the desired level of investment in R&D and innovations.




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How do policies influence GDP tail risks?

This paper explores the relationship between policy settings and extreme positive and negative growth events, what we call GDP tail risks, using quantile regression methods.




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Incentivising lending to SMEs with the Funding for Lending Scheme: some evidence from bank-level data in the United Kingdom

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).




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OECD Insurance Statistics

The OECD collects and analyses data on various insurance statistics such as the number of insurance companies and employees, insurance premiums and investments by insurance companies.




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Conditions for establishment of subsidiaries and branches in the provision of banking services by non-resident institutions

In 2014, the Financial Stability Board (FSB), in collaboration with the IMF and OECD, prepared a report for G20 leaders that sought to assess the cross-border consistencies and global financial stability implications of structural banking reform measures. To further examine structural banking reform measures taken since 2008, the OECD circulated a survey. This report describes the outcome of this survey.




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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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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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Seminar on pension foresight: Envisaging retirement income plans of the future

21 June 2017, Paris: Co-organised by the International Network for Pensions, Aging, and Retirement Research (INPARR), the OECD and IOPS, this seminar provided a window into the latest thinking and research that sheds light on where pension plans and designs are headed in the future and challenges to their future sustainability and efficiency.




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Private pensions make post-crisis comeback

In 2016, private pension assets reached their highest-ever level at over USD38 trillion in OECD countries, according to Pensions Markets in Focus. Investment losses resulting from the financial crisis have been recouped in almost all reporting OECD countries.




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Enhancing the role of insurance in cyber risk management

This report provides a series of policy recommendations aimed at enhancing the contribution of the cyber insurance market to managing this increasingly prevalent risk. The report examines the current state of the market and the obstacles that are impeding the market from reaching its full potential




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The cyber insurance market: Responding to a risk with few boundaries

With the growth of cybercrime, and intensive media coverage of privacy breaches and ransomware attacks over the last year, could complacency about cyber risks soon be a thing of the past? Bill Below and Leigh Wolfrom of the OECD Directorate for Financial and Enterprise Affairs look at some of the challenges to insuring cyber risk.




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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 markets, insurance and pensions: Digitalisation and Finance

This publication compiles a series of articles that focus on the impact of digitalisation and technology in the areas of financial markets, insurance, and private pensions. It also discusses the tools and policies needed to ensure that the challenges posed by digitalisation result in better outcomes and better management of the risks involved.




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Financial Management of Earthquake Risk

This publication applies the lessons from the OECD’s analysis of disaster risk financing practices and the development of guidance to the specific case of earthquakes. This report provides an overview of the approaches that economies facing various levels of earthquake risk and economic development have taken to managing the financial impacts of earthquakes.




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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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Financial system risk is elevated and global standards are essential in managing cross-border infrastructure investment

A new OECD report, the 2018 Business and Finance Outlook, highlights a number of major risks having the potential to disrupt global economic growth. It notes that the gradual normalisation of monetary policy in an environment of growing debt will be a major test of whether the Basel III regulatory reforms have achieved their goal of ensuring safety and soundness in the financial system.




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The Contribution of Reinsurance Markets to Managing Catastrophe Risk

This report makes use of a unique set of data on premiums and claims provided by global reinsurance companies to examine the contribution that reinsurance has made to enhancing the capacity of the primary insurance market to manage catastrophe risk and to reducing the economic and insurance market disruption that often follows catastrophic events.




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Risks rising in corporate debt market

Global outstanding debt in the form of corporate bonds issued by non-financial companies has hit record levels, reaching almost USD 13 trillion at the end of 2018. This is double the amount outstanding in real terms before the 2008 financial crisis, according to a new OECD paper.




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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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OECD presents revised Codes on capital flows to G20

Cross-border capital flows are an integral component of international finance, but require a balanced framework for removing unnecessary barriers to the movement of capital while providing governments flexibility to cope with instances of economic or financial instability, OECD Secretary-General Angel Gurria said today.




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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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United States Existing Home Sales

Existing Home Sales in the United States decreased to 5270 Thousand in March from 5760 Thousand in February of 2020. Existing Home Sales in the United States averaged 3981.63 Thousand from 1968 until 2020, reaching an all time high of 7250 Thousand in September of 2005 and a record low of 1370 Thousand in March of 1970. Existing Home Sales occurs when the mortgage is closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed. . This page provides the latest reported value for - United States Existing Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Spain Existing Home Sales

Existing Home Sales in Spain decreased to 35.32 Thousand in February from 38.44 Thousand in January of 2020. Existing Home Sales in Spain averaged 23.73 Thousand from 2007 until 2020, reaching an all time high of 50.23 Thousand in January of 2007 and a record low of 11.54 Thousand in October of 2011. This page provides - Spain Existing Home Sales- 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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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.




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Tax: Jurisdictions move towards full tax transparency

Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.




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OECD Reviews of Evaluation and Assessment in Education: School Evaluation in the Flemish Community of Belgium 2011

This report provides, for the Flemish community of Belgium, an independent analysis of major issues facing the educational evaluation and assessment framework, current policy initiatives, and possible future approaches.




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Belgium should be more proactive in tackling mental health issues in the workplace, says OECD

Belgian companies, mutualities and employment services should be more proactive in helping people with mental health problems stay in the workplace or find a job, according to a new OECD report.




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Secretary-General’s visit to Brussels (13th June 2013)

Mr. Angel Gurría, Secretary-General of the OECD, will be in Brussels on Thursday 13th June to launch the 2013 OECD International Migration Outlook and to hold bilateral meetings with Officials of the European Union.




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OECD report measures human cost of crisis; underlines need to invest in well-being

The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.




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PISA 2012 results - Belgium country note

Note summarising the performance of Belgium in PISA 2012




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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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OECD Health Statistics 2015 - Country Notes

Specific country notes have been prepared using data from the database OECD Health Statistics 2015, July 2015 version. The notes are available in PDF format.




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Revenue Statistics 2016: Country highlights

This annual publication presents detailed country notes and internationally comparable tax data for all OECD countries from 1965 onwards.




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PISA 2015 key findings for Belgium

This country note presents student performance in science, reading and mathematics, and measures equity in education in Belgium. The interactive charts allow you to compare results with other countries participating in the OECD Programme for International Student Assessment (PISA).




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Risks That Matter 2018 Country Highlights: Belgium

Risks That Matter 2018 Country Highlights: Belgium




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Revenue Statistics: Key findings for Belgium

The tax-to-GDP ratio in Belgium increased by 0.3 percentage points from 44.5% in 2017 to 44.8% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.




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Revenue Statistics Asia: Key findings for Indonesia

Indonesia's tax-to-GDP ratio was 11.5% in 2017, below the OECD average (34.2%) by 22.7 percentage points, and also below the LAC and Africa (21)* averages (22.8% and 18.2%, respectively).




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Isle of Man IP Addresses

IP Addresses in Isle of Man increased to 33371 IP in the first quarter of 2017 from 33213 IP in the fourth quarter of 2016. IP Addresses in Isle of Man averaged 25218.95 IP from 2007 until 2017, reaching an all time high of 33371 IP in the first quarter of 2017 and a record low of 11821 IP in the third quarter of 2007. This page includes a chart with historical data for Isle of ManIP Addresses.




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Isle of Man Temperature

Temperature in Isle of Man decreased to 15.38 celsius in August from 16.46 celsius in July of 2013. Temperature in Isle of Man averaged 9.37 celsius from 1743 until 2013, reaching an all time high of 17.82 celsius in August of 1995 and a record low of -0.14 celsius in February of 1895. This page includes a chart with historical data for Isle of Man Temperature.




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Isle Of Man Sales Tax Rate - VAT

The Sales Tax Rate in Isle Of Man stands at 20 percent. In Isle Of Man, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Isle Of Man. This page provides - Isle Of Man Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Isle of Man Corporate Tax Rate

The Corporate Tax Rate in Isle of Man stands at 0 percent. In Isle of Man, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Isle of Man. This page provides - Isle of Man Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Isle of Man Personal Income Tax Rate

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.




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Isle Of Man Credit Rating

Standard & Poor's credit rating for Isle of Man stands at N/A with n/a outlook. Moody's credit rating for Isle of Man was last set at Aa2 with negative outlook. This page provides - Isle Of Man Credit Rating- actual values, historical data, forecast, chart, statistics, economic calendar and news.