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.

Austria has taken important steps to improve its school system, but needs to reform its complex school governance to further improve quality and equity, according to a new OECD report.

The number of young people not in employment, education or training (NEETs) remains elevated in many countries since the crisis. This country note examines the characteristics of those at risk of being NEET in Austria along with policies to help meet the challenge. It also includes many new youth-specific indicators on family formation, self-sufficiency, income and poverty, health and social cohesion.

The Secretary-General held bilateral meetings with Federal Chancellor Christian Kern and several high-level Austrian officials.

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Vienna on 5-6 March 2018, to visit the International Institute for Applied Systems Analysis (IIASA), where he will meet with IIASA Senior Management as well as with researchers from Mexico.

The Co-operative Research Programme (CRP)'s Call for Applications for conference sponsorship and research fellowships for funding in 2019 is now CLOSED. The CRP supports work on sustainable use of natural resources in agriculture, forests, fisheries and food production.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Salzburg on 29-30 August 2018 to attend the Trilogue Salzburg “Taking Stock of Democracy - Still a Success Story or not Competitive Anymore?” event, organised by Bertelsmann Stiftung.

Mr. Angel Gurría, Secretary-General of the OECD, was in Vienna on 7-8 September 2018 to attend the Eurogroup Meeting / Informal Meeting of Economic and Financial Affairs Ministers (ECOFIN).

The Austrian standard VAT rate is 20.0%, which is above the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. The previous standard VAT rate in Austria was 18% in 1983. It changed to the current level in 1984. Austria applies reduced VAT rates of 10% and 13% to a number of goods and services as well as one specific regional rates.

This country fact-sheet presents key figures from "Under Pressure: The Squeezed Middle Class". This report analyses the trends of middle-income households in areas such as employment, consumption, wealth and debt, as well as perceptions and social attitudes. It also includes recommendations for protecting middle-class living standards and financial security in the face of economic challenges.

Austria stands out for its high levels of economic and social well-being. Preserving these will require reforms to improve competition in the service sector, increase access to risk capital for firms of all sizes, encourage more women and migrants into the workforce and lengthen work lives to reflect the ageing population, according to a new OECD report.

The tax-to-GDP ratio in Austria increased by 0.4 percentage points from 41.8% in 2017 to 42.2% 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.

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.

IP Addresses in Uruguay increased to 959629 IP in the first quarter of 2017 from 846123 IP in the fourth quarter of 2016. IP Addresses in Uruguay averaged 551610.03 IP from 2007 until 2017, reaching an all time high of 1002106 IP in the second quarter of 2015 and a record low of 117262 IP in the third quarter of 2007. This page includes a chart with historical data for UruguayIP Addresses.

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.

Temperature in Uruguay increased to 22.85 celsius in December from 19.52 celsius in November of 2015. Temperature in Uruguay averaged 17.17 celsius from 1832 until 2015, reaching an all time high of 25.83 celsius in January of 1997 and a record low of 8.20 celsius in June of 1916. This page includes a chart with historical data for Uruguay Average Temperature.

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.

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.

The benchmark interest rate in Uruguay was last recorded at 14.30 percent. Interest Rate in Uruguay averaged 26.78 percent from 1998 until 2019, reaching an all time high of 173.90 percent in October of 2002 and a record low of 9.30 percent in July of 2007. The Central Bank of Uruguay abandoned the use of a single benchmark interest rate in 2013 to fight inflation and instead it started using money supply variables to guide policy. This page provides - Uruguay Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar 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.

Uruguay recorded 506 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Uruguay reported 18 Coronavirus Deaths. This page includes a chart with historical data for Uruguay Coronavirus Recovered.

Government Debt In the Euro Area increased to 9859512.70 EUR Million in 2018 from 9760551 EUR Million in 2017. Government Debt in the Euro Area averaged 6776424.73 EUR Million from 1995 until 2018, reaching an all time high of 9859512.70 EUR Million in 2018 and a record low of 4072618.10 EUR Million in 1995. This page provides - Euro Area Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Singapore increased to 641094.30 SGD Million in the fourth quarter of 2019 from 612971.40 SGD Million in the third quarter of 2019. Government Debt in Singapore averaged 234324.80 SGD Million from 1990 until 2019, reaching an all time high of 641094.30 SGD Million in the fourth quarter of 2019 and a record low of 47443.50 SGD Million in the first quarter of 1990. This page provides - Singapore Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

IP Addresses in Morocco increased to 3732705 IP in the first quarter of 2017 from 3547224 IP in the fourth quarter of 2016. IP Addresses in Morocco averaged 1315813.92 IP from 2007 until 2017, reaching an all time high of 3732705 IP in the first quarter of 2017 and a record low of 214821 IP in the third quarter of 2007. This page includes a chart with historical data for MoroccoIP Addresses.

Temperature in Morocco decreased to 12.55 celsius in December from 15.06 celsius in November of 2015. Temperature in Morocco averaged 17.63 celsius from 1787 until 2015, reaching an all time high of 28.91 celsius in July of 2009 and a record low of 7.12 celsius in January of 1848. This page includes a chart with historical data for Morocco Average Temperature.

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.

The benchmark interest rate in Morocco was last recorded at 2 percent. Interest Rate in Morocco averaged 3.73 percent from 1995 until 2020, reaching an all time high of 7 percent in August of 1995 and a record low of 2 percent in March of 2020. In Morocco, interest rate decisions are taken by Morocco’s central bank, Bank al- Maghrib. The official interest rate is the key rate. This page provides the latest reported value for - Morocco Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Morocco recorded 2389 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Morocco reported 186 Coronavirus Deaths. This page includes a chart with historical data for Morocco Coronavirus Recovered.

G20 finance ministers have agreed new principles on financial consumer protection developed by the OECD. “Without consumer trust and confidence we could jeopardise the basis for global economic recovery and growth,” said OECD Secretary-General Angel Gurría.

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'.

OECD governments are facing unprecedented challenges in the markets for government securities as a result of continued strong borrowing amid a highly uncertain environment with growing concerns about the pace of recovery, surging borrowing costs, sovereign risk and contagion pressures. The fourth OECD Sovereign Borrowing Outlook provides estimates for 2011 and projections for 2012. Higher than anticipated gross borrowing needs of

In most OECD countries tax revenues are continuing to rise in relation to GDP from the 2008-09 declines seen at the beginning of the crisis, according to OECD’s annual Revenue Statistics. OECD countries collected about 34.0% of GDP in taxes in 2011, compared with 33.8% in 2010.

A complement to the OECD insurance database, this report monitors and analyses the insurance industry’s overall performance and health in OECD countries and Hong Kong (China), India, Malaysia, Russia, Singapore, South Africa and Thailand.

This report advances a “green investment policy framework” taking infrastructure investment as a starting point and looking only at climate change mitigation and adaptation. It highlights the significant opportunities and many challenges that exist today in both developed and developing countries to transition to low-carbon, climate-resilient (LCR) development through investment in both renovated and in new infrastructure.

OECD countries are intensifying their fiscal consolidation efforts, introducing additional measures and extending the time horizon to implement them. Most have announced fiscal consolidation of more than 3% of GDP over the period 2009-15, according to the OECD’s Restoring Public Finances 2012.

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 paper addresses several broad issues for governments aiming to encourage private sector investment in low-carbon climate resilient (LCR) infrastructure, in both developed and developing world contexts.

Big changes are needed to strengthen the capital positions of euro area banks. European banks remain at the heart of the euro area crisis. Despite actions to strengthen banks and build a banking union, confidence in the euro area banking system remains weak, and is likely to remain so until underlying concerns over low capitalisation of some banks are addressed.

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 conference, taking place on 4-5 March 2013 in New Delhi, India, addressed specific issues relating to financial literacy in India and the Asia region. It presented the output of the Russia/OECD/World Bank Trust Fund on Financial Literacy and Education.

London, UK. Discussions at this event focused on how to make Defined Contribution pensions work better for members, designing Defined Ambition pension plans, guarantees v. risk sharing pension deals and pensions communication and individual behaviour.

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 crisis has shown that there is no such thing as an optimal banking structure or model. The Liikanen report highlighted excessive risk taking and excessive reliance on short-term funding not matched with adequate capital protection. The French reform of the banking sector builds on this insight as well as the agreement reached by the Basel Committee on Banking Supervision and the European CRD 4 to foster financial stability.

This conference in Moscow explored strategies for developing financial literacy and capability and building effective consumer protection systems.

At a time when many governments are looking to encourage private investment in infrastructure to bridge the infrastructure financing gap, this paper compares the experience of pension funds in Canada and Australia, looking at infrastructure policies, the pension system, investment strategies, asset allocation and governance of pension funds.

This seminar took place in Palembang, Indonesia, with discussions focusing on institutional investors and long-term financing and policy measures and initiatives to address constraints to infrastructure investment identified by APEC under the Indonesian presidency.