Precipitation in Andorra decreased to 1.78 mm in December from 66.44 mm in November of 2015. Precipitation in Andorra averaged 65.99 mm from 1901 until 2015, reaching an all time high of 213.75 mm in May of 1977 and a record low of 1.49 mm in January of 1993. This page includes a chart with historical data for Andorra Average Precipitation.

The Gross Domestic Product per capita in Andorra was last recorded at 44569.80 US dollars in 2018. The GDP per Capita in Andorra is equivalent to 353 percent of the world's average. GDP Per Capita in Andorra averaged 40161.64 USD from 1970 until 2018, reaching an all time high of 49707.20 USD in 2006 and a record low of 32633.80 USD in 1994. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Andorra Gdp Per Capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

This spotlight report draws upon the OECD report Equity and Quality in Education: Supporting Disadvantaged Students and Schools.

This publication reviews the labour market integration of immigrants and their children in three OECD countries (Austria, Norway and Switzerland) and provides country-specific recommendations. It also includes a summary chapter highlighting common challenges and policy responses. It is the third and last in a series which has covered eleven OECD countries.

There are few OECD countries where vocational education and training (VET) is held in such high regard or takes so many forms as in Austria. Some 60 percent of young Austrians aged between 25 and 34 have completed a VET course below tertiary level (vocational school or technical college).

Austria needs to do more to help people with mental health problems find a job or stay in the workplace, according to a new OECD report. A more comprehensive approach would help employees and firms alike: mental health issues are estimated to cost the Austrian economy around 3.6% of GDP every year in lost productivity, health care and out-of-work benefits.

The Austrian economy is strengthening, supported by recent tax reform and a pick-up in international trade. With business and household confidence rising and the short-term outlook favourable, policymakers should enact deeper structural reforms that will improve both fiscal sustainability and social cohesion.

Österreich - Ländergesundheitsprofile 2019: Launch presentation. The Country Health Profiles provide a concise and policy-relevant overview of health and health systems in the EU/European Economic area, emphasizing the particular characteristics and challenges in each country against a backdrop of cross-country comparisons.

Precipitation in Uruguay increased to 170.49 mm in December from 97.45 mm in November of 2015. Precipitation in Uruguay averaged 100.76 mm from 1901 until 2015, reaching an all time high of 358.54 mm in February of 2010 and a record low of 7.70 mm in August of 1948. This page includes a chart with historical data for Uruguay Average Precipitation.

Military Expenditure in Uruguay decreased to 1164 USD Million in 2018 from 1166 USD Million in 2017. Military Expenditure in Uruguay averaged 999.79 USD Million from 1972 until 2018, reaching an all time high of 1865 USD Million in 1981 and a record low of 530 USD Million in 1972.

The Gross Domestic Product per capita in Uruguay was last recorded at 14617.50 US dollars in 2018. The GDP per Capita in Uruguay is equivalent to 116 percent of the world's average. GDP per capita in Uruguay averaged 8085.06 USD from 1960 until 2018, reaching an all time high of 14617.50 USD in 2018 and a record low of 5248.90 USD in 1967. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Uruguay GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Uruguay was last recorded at 20916.20 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Uruguay, when adjusted by Purchasing Power Parity is equivalent to 118 percent of the world's average. GDP per capita PPP in Uruguay averaged 14624.22 USD from 1990 until 2018, reaching an all time high of 20916.20 USD in 2018 and a record low of 9841.90 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Uruguay GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Uruguay increased to 5.12 percent in 2018 from 5.07 percent in 2017. Deposit Interest Rate in Uruguay averaged 46.13 percent from 1980 until 2018, reaching an all time high of 147.55 percent in 1990 and a record low of 1.83 percent in 2006. 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 Uruguay.

Uruguay scored 63.47 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Uruguay averaged 17.67 Points from 2007 until 2019, reaching an all time high of 63.47 Points in 2019 and a record low of 3.90 Points in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Uruguay Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Uruguay is the 54 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Uruguay averaged 68.46 from 2007 until 2019, reaching an all time high of 85 in 2014 and a record low of 50 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Uruguay Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Standard & Poor's credit rating for Uruguay stands at BBB with stable outlook. Moody's credit rating for Uruguay was last set at Baa2 with stable outlook. Fitch's credit rating for Uruguay was last reported at BBB- with negative outlook. DBRS's credit rating for Uruguay is BBB (low) with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Uruguay thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Uruguay as reported by major credit rating agencies.

Government Debt in Italy increased to 2446893 EUR Million in February from 2443483 EUR Million in January of 2020. Government Debt in Italy averaged 719921.78 EUR Million from 1950 until 2020, reaching an all time high of 2462572.70 EUR Million in August of 2019 and a record low of 1320.50 EUR Million in April of 1950. This page provides the latest reported value for - Italy General Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Debt in the United Kingdom decreased to -2325 GBP Million in March from -65 GBP Million in February of 2020. Government Debt in the United Kingdom averaged -4293.61 GBP Million from 1993 until 2020, reaching an all time high of 12509 GBP Million in January of 2019 and a record low of -21052 GBP Million in April of 2012. In the United Kingdom, net borrowing or net lending is the difference between the net acquisition of financial assets and the net incurrence of liabilities. This page provides the latest reported value for - United Kingdom Public Sector Net Borrowing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Debt in the United States increased to 24974172 USD Million in April from 23686871 USD Million in March of 2020. Government Debt in the United States averaged 4374856.60 USD Million from 1942 until 2020, reaching an all time high of 24974172 USD Million in April of 2020 and a record low of 60000 USD Million in January of 1942. In the United States, government debt refers to federal debt held by individuals, corporations, state or local governments, foreign governments, and other entities outside of the United States Government less Federal Financing Bank securities. . This page provides - United States Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Precipitation in Morocco decreased to 2.47 mm in December from 8.07 mm in November of 2015. Precipitation in Morocco averaged 27.18 mm from 1901 until 2015, reaching an all time high of 126.11 mm in December of 1996 and a record low of 0 mm in July of 1980. This page includes a chart with historical data for Morocco Average Precipitation.

Military Expenditure in Morocco increased to 3465 USD Million in 2018 from 3461 USD Million in 2017. Military Expenditure in Morocco averaged 1588.49 USD Million from 1956 until 2018, reaching an all time high of 3651 USD Million in 2013 and a record low of 104 USD Million in 1956.

Deposit Interest Rate in Morocco remained unchanged at 3.10 percent in 2018 from 3.10 percent in 2017. Deposit Interest Rate in Morocco averaged 5.34 percent from 1980 until 2018, reaching an all time high of 8.50 percent in 1986 and a record low of 3.10 percent in 2017. 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 Morocco.

Gross Fixed Capital Formation in Morocco increased to 314963 MAD Million in 2018 from 302226 MAD Million in 2017. Gross Fixed Capital Formation in Morocco averaged 75401.06 MAD Million from 1952 until 2018, reaching an all time high of 314963 MAD Million in 2018 and a record low of 690 MAD Million in 1957. This page provides - Morocco Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Morocco increased to 117.70 points in March from 117.60 points in February of 2020. Cpi Housing Utilities in Morocco averaged 110.13 points from 2008 until 2020, reaching an all time high of 117.70 points in October of 2019 and a record low of 103.30 points in November of 2008. This page provides - Morocco Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

At this Financial Regulation Session of the G20 Leaders Summit, M. Gurría spoke of 'a comprehensive reform of the international financial architecture that should include financial inclusion, protection and education'.

This seminar aimed to advance shared understandings on policies to make the most of cross-border capital flows in support of growth and development and on the value of international co-operation, including the OECD Codes of Liberalisation, in the current context of serious global financial turbulence.

This report concludes that actual application of bail-ins, involving bondholders in loss sharing, could effectively reign in perceptions of implicit guarantees for bank debt. However, bail-ins are rare owing to concerns about contagion risks and depositor and investor protection, so implicit guarantees persist.

This conference in Nairobi, Kenya, addressed specific issues relating to financial literacy in Africa and the MENA region. It presented the output of the Russia/OECD/World Bank Trust Fund on Financial Literacy and Education.

This article by OECD Deputy Secretary-General Rintaro Tamaki focuses on three issues that will be important in shaping the future of the Asian economic and financial community: trade, funding long-term investment and strengthened regional financial co-operation.

The implications of the European sovereign debt crisis for Asia, the globalisation of the funding of investments and the contribution of long-term institutional investors to growth were amongst the topics explored at the 2013 Tokyo Roundtable.

The management of operational risk is at the heart of efficient government, but countries often fail to apply good or even routine operational risk management practices and have difficulty in understanding how to put the processes in place. This paper sets out a widely-applicable and relevant policy approach and management framework and illustrates its practical application in Turkey.

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

This statement by Adrian Blundell-Wignall and Paul Atkinson was presented to the German Bundestag's Finance Committee Hearing on the Draft Bank-Separation Law (Drucksache 17/12601) on 22 April 2013.

The paper argues that interest rates are at extremely low levels to support banks, and the search for yield has pushed the liquidity driven speculative bubble from real estate, derivatives and structured products markets into the corporate debt market. Equities have rallied strongly too. This asset cycle is certainly helping banks reduce hidden losses on illiquid securities and could also help reduce the cost of equity.

Co-organised by the G20 Russian Presidency and the OECD, this roundtable focused on policy measures to address constraints in long-term investment. It was organised back-to-back with the 2013 OECD Forum and the OECD-Euromoney Infrastructure Summit.

This regional seminar in Montevideo, Uruguay, focused on the monitoring and transparency of insurance markets in Latin America through the provision of sound insurance statistics and indicators, regionally and globally.

This paper examines how institutional investors can access green infrastructure, the extent to which this is currently happening, and the barriers to scaling up these investment flows. Based on four case studies, broader lessons are drawn for governments on the policy settings which may support investment in green infrastructure by institutional investors.

This paper identifies the main trends in long-term financial intermediation focusing on the role of institutional investors in providing long-term finance for growth and development. It also highlights infrastructure as one specific sector that is facing major challenges in long-term financing.

This paper looks at macro-prudential policies in the light of empirical evidence on the determinants of bank systemic risk, and the effectiveness of capital controls. It concludes that complexity and interdependence is such that care should be taken in implementing macro-prudential policies until much more is understood about these issues.

This paper investigates whether countries that had controls on inflows in place prior to the crisis were less vulnerable during the global financial crisis. More generally, it examines economic growth effects of such controls over the entire economic cycle, finding that capital restrictions on inflows (particularly debt liabilities) may be useful in good times but may have adverse effects in a crisis.

The main hallmarks of the global financial crisis were too-big-to-fail institutions taking on too much risk with other people’s money: excess leverage and default pressure resulting from contagion and counterparty risk. This paper looks at whether the Basel III reforms address these issues effectively and proposes improvements to the current reform proposals.

Discussions at the 14th roundtable focussed on quantitative easing (QE) tapering to Asia, financial regulatory reforms, financial liberalisation and fragmenting growth, long-term investment for infrastructure, financial inclusion and disaster risk financing in insurance and financial markets.

This article presents a brief overview of current financing difficulties for SMEs and policy measures to support SME lending during the crisis, and presents a literature review related to difficulties in SME’s access to finance during the crisis, against a background of a sharp decline in bank profitability and an erosion of bank capital that negatively affected lending.

The value of implicit guarantees has declined from its peak at the height of the financial crisis, which is consistent with progress made regarding the bank regulatory reform agenda, as one would expect that many of the reform measures imply a more limited value of implicit guarantees for bank debt. Implicit guarantees persist however and their value continues to be significant.

This report shows how OECD’s work on financial markets, with the Committee on Financial Markets (CMF) at its core, has evolved over the past five decades. More than just a chronology, it attempts to explain and analyse the factors and dynamics that transformed financial markets and the work conducted in that area – thereby putting into perspective the challenges that lie ahead.

This article provides a framework for analysing the character and degree of ownership engagement by institutional investors. There are large differences in ownership engagement between different categories of institutional investors. There are also differences in ownership engagement within the same category of institutional investors such as hedge funds, investment funds, etc.

This G20 report looks at the evolution of private institutional investment in infrastructure and examines how the market has developed; analyses various investment vehicles with a snapshot of the growth experienced in the market; categorises methods used for investing in infrastructure; and, highlights the challenges and barriers to investment.

This brochure provides information about the OECD Project on Institutional Investors and Long-term Investment. It covers the first two years of activity following the launch of the project in February 2012. This project aims to facilitate long-term investment by institutional investors such as pension funds, insurance companies, and sovereign wealth funds, addressing both potential regulatory obstacles and market failures.

Singapore, 4 June 2014: This roundtable focused on how policymakers and investors can facilitate private sector infrastructure financing, as well as issues related to governance for institutional investors and the accounting treatment for long-term investment.