at Design of funded private pensions needs to be improved By www.oecd.org Published On :: Mon, 05 Dec 2016 11:00:00 GMT Funded Pension arrangements, in particular defined contribution ones, are playing a growing role in complementing retirement income from public sources in OECD countries and worldwide. However, their design needs to be improved, according to a new OECD report. Full Article
at Incentivising lending to SMEs with the Funding for Lending Scheme: some evidence from bank-level data in the United Kingdom By www.oecd.org Published On :: Thu, 08 Dec 2016 12:37:00 GMT 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). Full Article
at OECD Insurance Statistics By www.oecd.org Published On :: Tue, 03 Jan 2017 15:23:00 GMT 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. Full Article
at More private capital for infrastructure investment in Asia? By oecdinsights.org Published On :: Fri, 03 Feb 2017 10:23:00 GMT Since the financial crisis, infrastructure investment has moved up the political agenda in most countries – now also including the USA. Asia is often seen as the world’s infrastructure laboratory, with massive construction of transport and energy projects. This article discusses infrastructure investment, private finance, and institutional investors in Asia from a global perspective. Full Article
at OECD Recommendation on Disaster Risk Financing Strategies By www.oecd.org Published On :: Thu, 23 Feb 2017 12:56:00 GMT 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. Full Article
at Financial education for micro, small and medium-sized enterprises in Asia By www.oecd.org Published On :: Wed, 15 Mar 2017 11:51:00 GMT 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. Full Article
at What do Americans know about retirement and what do they expect? By oecdinsights.org Published On :: Tue, 28 Mar 2017 14:40:00 GMT The United States’ Social Security Act of 1935 set up a social insurance programme for American workers, providing them with at least some degree of certainty about income after retirement. But, in today’s environment, to what degree do Americans feel secure about their retirement? This article looks at the results of a new survey on American’s understanding of retirement preparedness and the perceived role of Social Security. Full Article
at Responsible business conduct for institutional investors: Key considerations for due diligence under the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Tue, 28 Mar 2017 23:08:00 GMT 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. Full Article
at Ensuring financial education and consumer protection for all in the digital age By www.oecd.org Published On :: Thu, 20 Apr 2017 09:35:00 GMT This report discusses the implications of the digitalisation of finance for financial education and relevant consumer protection issues and provides an overview of digital financial services around the world. Full Article
at Investment governance and the integration of environmental, social and governance factors By www.oecd.org Published On :: Tue, 02 May 2017 16:37:00 GMT 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. Full Article
at Many teenagers struggle to understand money matters By www.oecd.org Published On :: Wed, 24 May 2017 11:00:00 GMT 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. Full Article
at Can better international co-operation help build a fairer global economy? By www.oecd.org Published On :: Tue, 30 May 2017 14:12:00 GMT 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. Full Article
at Increased international co-operation on financial and corporate issues essential to making globalisation work for all By www.oecd.org Published On :: Tue, 30 May 2017 15:17:00 GMT 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. Full Article
at The empirics of enabling investment and innovation in renewable energy By dx.doi.org Published On :: Wed, 31 May 2017 15:28:00 GMT This working paper assesses the impact of climate mitigation policies and the quality of the investment environment on investment and innovation in renewable power in OECD and G20 countries. It also examines how countries’ investment environments interact with climate mitigation policies to influence investment and patent activity in renewable power. Full Article
at Better but not good enough: New approaches are needed to make globalisation work for all, OECD says in latest Economic Outlook By www.oecd.org Published On :: Wed, 07 Jun 2017 15:33:00 GMT 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. Full Article
at Coping with the financial consequences of devastating floods By www.oecd.org Published On :: Thu, 07 Sep 2017 08:37:00 GMT 07/09/2017 - Flooding is one of the most common, wide-reaching and destructive natural perils, affecting on average about 250 million people around the world each year. OECD work on the financial management of flood risk has identified a number of ways that policy makers can improve the way they manage the financial implications of floods. Full Article
at Technology and innovation in the insurance sector By www.oecd.org Published On :: Fri, 08 Sep 2017 17:15:00 GMT “Insurtech”is the term being used to describe the new technologies with the potential to bring innovation to the insurance sector and impact the regulatory practices of insurance markets. This report catalogues these technologies and examines how InsurTech is being funded and how insurers are engaging with the start-ups entering the market. Full Article
at Financial Education for MSMEs and Potential Entrepreneurs By dx.doi.org Published On :: Mon, 25 Sep 2017 10:19:00 GMT While the contribution of MSMEs to national economies is widely recognised, their financial education needs are not always being met and low levels of financial literacy pose a potential barrier to successful business creation and growth. Covering 21 economies, this stocktaking report identifies the main policy challenges and good practices. Full Article
at Gender gaps in financial literacy and financial education By bit.ly Published On :: Wed, 04 Oct 2017 17:06:00 GMT 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. Full Article
at 2017 OECD/IOPS Global Forum on Private Pensions By www.oecd.org Published On :: Tue, 24 Oct 2017 11:41:00 GMT 24-25 October 2017, Mauritius - The 2017 global forum explored current trends in global private pension systems and the ways in which pension regulatory and supervisory authorities are managing and reacting to those trends. Full Article
at Private pensions make post-crisis comeback By bit.ly Published On :: Tue, 24 Oct 2017 18:47:00 GMT 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. Full Article
at India-OECD Global Symposium on Financial Education By www.oecd.org Published On :: Wed, 08 Nov 2017 17:23:00 GMT New Delhi, India, 8-9 November 2017. This symposium looked at how to implement effective financial education policies in a changing financial landscape with a focus on financial education in the digital age. Full Article
at Evaluating publicly supported credit guarantee programmes for SMEs By www.oecd.org Published On :: Fri, 08 Dec 2017 12:10:00 GMT This report examines the approaches adopted in 23 OECD and EU countries for evaluating the performance and cost-effectiveness of publicly supported credit guarantee programmes for SMEs. Full Article
at Small business access to alternative finance increasing as new bank lending declines By www.oecd.org Published On :: Wed, 21 Feb 2018 19:00:00 GMT 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. Full Article
at International Seminar on Pension Supervision and Regulation 2018 By www.oecd.org Published On :: Thu, 22 Feb 2018 16:38:00 GMT 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. Full Article
at Financial markets, insurance and pensions: Digitalisation and Finance By www.oecd.org Published On :: Mon, 09 Apr 2018 10:13:00 GMT 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. Full Article
at The Application of Behavioural Insights to Financial Literacy and Investor Education Programmes and Initiatives By www.oecd.org Published On :: Wed, 30 May 2018 08:47:00 GMT 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. Full Article
at G20-OECD INFE Policy Guidance Digitalisation and Financial Literacy By www.oecd.org Published On :: Tue, 24 Jul 2018 11:28:00 GMT 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. Full Article
at Financial system risk is elevated and global standards are essential in managing cross-border infrastructure investment By www.oecd.org Published On :: Mon, 03 Sep 2018 11:00:00 GMT 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. Full Article
at 2018 OECD/IOPS Global Forum on Private Pensions By www.oecd.org Published On :: Thu, 25 Oct 2018 17:23:00 GMT 25-26 October 2018, Beijing, China - The 2018 Global Forum was entitled “Designing pension systems to cope with the ageing challenge” and was jointly organised by the OECD, the International Organisation of Pension Supervisors (IOPS) and the China Banking and Insurance Regulatory Commission (CBIRC), China. Full Article
at 2018 Annual Meeting of the OECD CVM Centre on Financial Education and Literacy in Latin America and the Caribbean By www.oecd.org Published On :: Mon, 12 Nov 2018 10:23:00 GMT 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. Full Article
at 2018 OECD Workshop on Data Collection for Sustainable Infrastructure – Infrastructure Data Initiative By www.oecd.org Published On :: Thu, 15 Nov 2018 11:41:00 GMT 15 November 2018, Paris - This Workshop will bring together academics, public stakeholders and industry experts to discuss using blockchain technology to unlock data for AI and financial sustainability and quality benchmarks Full Article
at Public Consultation: Recommendation on Consumer Protection in the Field of Consumer Credit By www.oecd.org Published On :: Fri, 23 Nov 2018 18:59:00 GMT 21/11/2018 - The OECD is currently updating its 1977 Recommendation on Consumer Protection in the field of Consumer Credit to ensure that it remains the relevant international standard. The draft text is available for public comment until 21 December 2018. Full Article
at Conference on the Role of Financial Education and Consumer Protection in Supporting Financial Inclusion in Southeast Asia By www.oecd.org Published On :: Tue, 27 Nov 2018 11:37:00 GMT 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. Full Article
at OECD, UN Environment and World Bank call for a radical shift in financing for a low-carbon, climate-resilient future By www.oecd.org Published On :: Wed, 28 Nov 2018 18:00:00 GMT The OECD, UN Environment and World Bank Group today called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change. Full Article
at The Contribution of Reinsurance Markets to Managing Catastrophe Risk By www.oecd.org Published On :: Mon, 17 Dec 2018 12:54:00 GMT 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. Full Article
at State-owned firms behind China’s corporate debt By doi.org Published On :: Thu, 14 Feb 2019 10:38:00 GMT While China’s overall debt-to-GDP ratio is not particularly high, its non-financial corporate debt relative to GDP is higher than in other major economies. Full Article
at Corporate Bond Markets in a Time of Unconventional Monetary Policy By www.oecd.org Published On :: Mon, 25 Feb 2019 08:37:00 GMT 25 February 2019 - Corporate bond markets have become an increasingly important source of financing for non-financial companies since the global financial crisis. The total outstanding debt in the form of corporate bonds reached USD 13 trillion as of end-2018. In real terms, this is twice as much as in 2008. This paper documents a number of associated risks and vulnerabilities. Full Article
at Risks rising in corporate debt market By www.oecd.org Published On :: Mon, 25 Feb 2019 11:00:00 GMT 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. Full Article
at OECD Insurance and Private Pensions Committee Elects New Chair By www.oecd.org Published On :: Thu, 07 Mar 2019 12:11:00 GMT 07/03/2019 - The OECD Insurance and Private Pensions Committee (IPPC) has confirmed the appointment of Mr Yoshihiro Kawai, Advisor to the Commissioner, Japan Financial Services Agency, as its Chair. Full Article
at IOPS International Conference on Pension Supervision and Regulation 2019 By www.oecd.org Published On :: Tue, 12 Mar 2019 14:56:00 GMT 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. Full Article
at Combating Money Laundering and the Financing of Terrorism in Latvia: Overview By www.oecd.org Published On :: Wed, 13 Mar 2019 16:01:00 GMT 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. Full Article
at Exchange rates, interest rates and other monthly monetary and financial statistics By www.oecd.org Published On :: Tue, 09 Jul 2019 17:31:00 GMT Monthly monetary and financial statistics contains financial statistics on five separate subjects: monetary aggregates, interest rates, exchange rates, reserve assets, and share prices. Full Article
at Mr. Angel Gurría, Secretary-General of the OECD, at G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, 17-18 July 2019 By www.oecd.org Published On :: Tue, 16 Jul 2019 09:00:00 GMT 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. Full Article
at Annual Survey of Investment Regulation of Pension Funds By www.oecd.org Published On :: Thu, 18 Jul 2019 09:17:00 GMT Each year, the OECD publishes a survey of the investment regulation of pension funds which describes the main quantitative investment regulations applied to pension funds in 77 economies. The survey questionnaire covers all types of pension plans financed via pension funds. Full Article
at United States Existing Home Sales By tradingeconomics.com Published On :: Tue, 21 Apr 2020 14:19:00 GMT 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. Full Article
at Nepal Temperature By tradingeconomics.com Published On :: Thu, 18 Jan 2018 17:07:00 GMT Temperature in Nepal decreased to 21.19 celsius in August from 21.37 celsius in July of 2013. Temperature in Nepal averaged 14.81 celsius from 1796 until 2013, reaching an all time high of 23.44 celsius in June of 2012 and a record low of 2.68 celsius in January of 1813. This page includes a chart with historical data for Nepal Temperature. Full Article
at Nepal Unemployment Rate By tradingeconomics.com Published On :: Wed, 06 Feb 2019 15:27:00 GMT Unemployment Rate in Nepal decreased to 3.20 percent in 2017 from 3.40 percent in 2016. Unemployment Rate in Nepal averaged 2.99 percent from 1991 until 2017, reaching an all time high of 4.50 percent in 1996 and a record low of 1.90 percent in 1999. In Nepal, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Nepal Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
at Nepal Gross Fixed Capital Formation By tradingeconomics.com Published On :: Mon, 29 Apr 2019 16:00:00 GMT Gross Fixed Capital Formation in Nepal increased to 317265 NPR Million in 2018 from 277577 NPR Million in 2017. Gross Fixed Capital Formation in Nepal averaged 142858.53 NPR Million from 2000 until 2018, reaching an all time high of 317265 NPR Million in 2018 and a record low of 84751 NPR Million in 2000. This page provides - Nepal Gross Fixed Capital Formation- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
at Nepal GDP Annual Growth Rate By tradingeconomics.com Published On :: Mon, 29 Apr 2019 16:14:00 GMT The Gross Domestic Product (GDP) in Nepal expanded 7.10 percent in 2018 from the previous year. GDP Annual Growth Rate in Nepal averaged 4.61 percent from 1993 until 2018, reaching an all time high of 8.60 percent in 1993 and a record low of 0.10 percent in 2001. Nepal is one of the least developed countries in the world and relies extensively on foreign aid. The main sector of the economy is agriculture, which employs over 70 percent of the population and accounts for 33 percent of GDP. As Nepal is home to the highest mountains in the world, tourism has been steadily growing in importance and is an important source of revenue. Also, the country has been working on exploiting hydroelectric power. Although Nepalese economy has been steadily growing in recent years, lack of governmental institutions, growing population and remnants of social instability are sources of concern. This page provides - Nepal GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article