The fourth annual edition of Revenue Statistics in Asian Countries covers seven countries, including Kazakhstan for the first time. It shows that the tax-to-GDP ratio in all these countries are lower than the OECD average of 34.3% in 2015, which highlights that scope remains for increasing tax mobilisation, especially in Indonesia, Kazakhstan, Malaysia and the Philippines to achieve sustainable growth.

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.

Hospital Beds in Luxembourg decreased to 4.51 per 1000 people in 2018 from 4.66 per 1000 people in 2017. Hospital Beds in Luxembourg averaged 5.30 per 1000 people from 2004 until 2018, reaching an all time high of 6.39 per 1000 people in 2004 and a record low of 4.51 per 1000 people in 2018. This page includes a chart with historical data for Luxembourg Hospital Beds.

Hospitals in Luxembourg decreased to 16.45 per one million people in 2018 from 16.77 per one million people in 2017. Hospitals in Luxembourg averaged 23.79 per one million people from 2005 until 2018, reaching an all time high of 30.10 per one million people in 2005 and a record low of 16.45 per one million people in 2018. This page includes a chart with historical data for Luxembourg Hospitals.

The transportation sub-index of the CPI basket in Luxembourg decreased to 100.24 points in April of 2020 from 101.69 points in March of 2020. CPI Transportation in Luxembourg averaged 101.90 points from 2015 until 2020, reaching an all time high of 105.94 points in January of 2020 and a record low of 98.21 points in February of 2016. This page provides - Luxembourg Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Luxembourg decreased to 103.52 points in April from 105.45 points in March of 2020. Cpi Housing Utilities in Luxembourg averaged 101.92 points from 2015 until 2020, reaching an all time high of 107.16 points in January of 2020 and a record low of 97.48 points in April of 2016. This page provides - Luxembourg Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Precipitation in Myanmar decreased to 18.73 mm in December from 45.24 mm in November of 2015. Precipitation in Myanmar averaged 160.36 mm from 1901 until 2015, reaching an all time high of 749.12 mm in August of 1939 and a record low of 0.40 mm in January of 1940. This page includes a chart with historical data for Myanmar Average Precipitation.

The Gross Domestic Product per capita in Myanmar was last recorded at 5922 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Myanmar, when adjusted by Purchasing Power Parity is equivalent to 33 percent of the world's average. GDP per capita PPP in Myanmar averaged 2543.91 USD from 1990 until 2018, reaching an all time high of 5922 USD in 2018 and a record low of 715.90 USD in 1991. This page provides - Myanmar GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Myanmar increased to 200.49 points in February from 200.12 points in January of 2020. Cpi Housing Utilities in Myanmar averaged 135.41 points from 2013 until 2020, reaching an all time high of 200.49 points in February of 2020 and a record low of 103.93 points in January of 2013. This page provides - Myanmar Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Myanmar decreased to 114.62 points in February of 2020 from 117.14 points in January of 2020. Cpi Transportation in Myanmar averaged 100.82 points from 2013 until 2020, reaching an all time high of 118.78 points in October of 2018 and a record low of 87.69 points in March of 2016. This page provides - Myanmar Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Austria should eliminate subsidies which encourage early retirement and target social transfers more effectively, according to the OECD’s latest economic survey.

The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking up, with one case being tried, two more cases soon to be tried, and four ongoing investigations.

Note summarising the performance of 15-year-old students in Austria in the PISA 2012 assessment of mathematics, reading and science.

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

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.

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.

CPI Housing Utilities in Uruguay increased to 218.89 points in April from 209.60 points in March of 2020. CPI Housing Utilities in Uruguay averaged 97.18 points from 1997 until 2020, reaching an all time high of 218.89 points in April of 2020 and a record low of 28.79 points in March of 1997. This page provides - Uruguay Cpi Housing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Uruguay increased to 201.41 points in April of 2020 from 200.75 points in March of 2020. CPI Transportation in Uruguay averaged 101.82 points from 1997 until 2020, reaching an all time high of 201.41 points in April of 2020 and a record low of 34.75 points in March of 1997. This page provides - Uruguay Cpi Transportation- 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.

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.

The transportation sub-index of the CPI basket in Morocco decreased to 109.90 points in March of 2020 from 111.90 points in February of 2020. CPI Transportation in Morocco averaged 108.35 points from 2008 until 2020, reaching an all time high of 114 points in July of 2014 and a record low of 102.70 points in March of 2009. This page provides - Morocco Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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 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.

Faced with the acute poverty of many Russian pensioners, the Russian government is engaged in wide-ranging systemic reforms. This report contributes to the policy discussion by identifying aspects of the system that may need to be reformed and describing the experience of other countries as a point of comparison.

Jointly developed by the IMF, World Bank, EBRD, and the OECD, this report analyses the main elements necessary to deepen domestic bond markets in emerging and developing economies.

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.

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 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.

The results of the first international assessment of 15-year-old students’ financial literacy competencies were presented in Paris on 9 July 2014.

This blog post by Sony Kapoor, Managing Director, Re-Define International Think Tank, gives his view on why the OECD – which uniquely houses financial, development, infrastructure and environmental expertise under one roof – must take charge of promoting long-term investment in developing country infrastructure.

The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.

This roundtable offers a forum for regulators, policy-makers, experts, practitioners, scholars and international organisations to discuss issues relating to capital market reform in Asia.

What are the economic effects of implicit bank debt guarantees and who ultimately benefits? This report sheds light on these questions

This report responds to a request from the G20 that the IMF and OECD assess whether further work is needed on their respective approaches to measures which are both macro-prudential and capital flow measures, taking into account their individual mandates. The report was transmitted to G20 Finance Ministers and Central Bank Governors at their meeting on 16-17 April 2015 in Washington D.C.

As part of continuing efforts to support market confidence and business integrity, the OECD has launched in Asia a new set of corporate governance principles that were endorsed at the G20 Finance Ministers meeting in September 2015.

2 December 2015 - The global financial and economic crisis of 2008 left the international monetary system with vulnerabilities caused by volatile capital flows and spillovers from national policy responses. The current policy environment has moved multilateral co-operation, openness and transparency to the top of the capital flow policy agenda.

Further structural reforms are needed to help the business sector boost productivity growth and overcome the key challenges of sluggish investment in advanced economies and excess capacity in emerging economies, according to a new OECD report.

Co-organised by the OECD and the German Federal Ministry of Finance, the seminar focused on the policy implications of the increasingly interconnected global financial and economic system and the need for an open and orderly regime for capital flows in the context of the review of the OECD Code of Liberalisation of Capital Movements.

Certain growth-promoting policies can have negative side-effects by increasing the vulnerability of economies to financial crises. Typical examples are greater openness to financial flows or more liberalised financial markets.

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.

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.

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.

This collection compiles the contributions of senior policy experts, academics, and economic practitioners on developments in the financial integration and financial regulation of cross-border capital flows since the 2008 global financial crisis at the OECD High-Level Seminar “Open and Orderly Capital Movements” held in October 2016.