As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Brazil, Guernsey, Jersey, the Isle of Man and Latvia signed today the Multilateral Competent Authority Agreement (MCAA) for the automatic exchange of Country-by-Country reports, bringing the total number of signatories to 49.

Latin America and the Caribbean’s (LAC) GDP will shrink by between 0.9% and 1% in 2016, according to the latest estimates, the second consecutive year of negative growth and a rate of contraction the region has not seen since the early 1980s. According to the Latin American Economic Outlook 2017, the region should recover in 2017, but with modest GDP growth of between 1.5% and 2%, below expected growth in advanced economies.

The OECD and Brazil today launched a joint project to examine the similarities and gaps between the Brazilian and OECD approaches to valuing cross-border transactions between associated firms for tax purposes. The project will also assess the potential for Brazil to move closer to the OECD’s transfer pricing rules, which are a critical benchmark for OECD member countries and followed by countries around the world.

These graphs offer a brief summary of the commodity trade situation in the country.

The OECD Working Group on Bribery reaffirms the importance of the independence of prosecutors and judges and is concerned that Brazil’s achievements in fighting corruption may be seriously jeopardised by recent legislative developments.

OECD events at the Internet Governance Forum 2012 (Baku, Azerbaijan)

In response to increasing pressure to deliver on growth, jobs and better governance, policy makers from MENA and OECD reiterated their support for measures to strengthen the business climate and governance in the region.

More than five years into an economic crisis which has taken on several names–from subprime crisis and financial crisis to great recession–no term accurately depicts the fundamental result of this economic turbulence: people facing hardship.

With gross government debt surpassing 200% of GDP, Japan’s fiscal situation is in uncharted territory. In addition to robust nominal GDP growth, correcting two decades of budget deficits requires a large and sustained fiscal consolidation based on a detailed and credible multi-year plan that includes measures to control spending and raise revenue.

Well-functioning judicial systems play a crucial role in determining economic performance – notably by guaranteeing the security of property rights and the enforcement of contracts – but not all countries’ judiciaries operate at the same level of efficiency.

The Spanish government has launched a series of ambitious public administration reforms as part of wider efforts to promote economic competitiveness and strengthen trust in government and public institutions.

This working paper presents the background and the details of the simulations behind Box 1.4 of the May 2013 OECD Economic Outlook. A small simulation model is used to evaluate the contribution that the three pillars of the government’s strategy – fiscal consolidation, growth-boosting structural reforms and higher inflation – could make to reversing the rise in Japan’s public debt ratio.

The Japan-OECD Policy Forum on Urban Development and Green Growth will address cities’ unique role in creating synergies between environmental and economic objectives to advance green growth. Asian cities in particular are at the centre of this challenge. This event is organised as a commemorative event for the 50th Anniversary of Japan's Accession to the OECD.

This chapter begins with a brief socio-economic and institutional overview of the Daejeon metropolitan region. It then explores the current status of inter-municipal collaboration in two major sectors for urban development: transport and land use. Finally, it reviews existing metropolitan collaboration tools.

The OECD event "Risk Governance and Resilient Cities" will examine how risk governance can better manage complex risks and how to improve the resilience of cities to these risks.

With gross government debt of 226% of GDP, Japan’s fiscal situation is in uncharted territory and puts the economy at risk. Japan needs a detailed and credible fiscal consolidation plan, including specific revenue increases and measures to control spending to restore its fiscal sustainability.

This paper re-estimates the elasticities of government revenue and expenditure items with respect to the output gap for OECD countries. These elasticities are used by the OECD to calculate cyclically adjusted fiscal balances. The study updates the earlier 2005 study using the most recent datasets and tax codes, the coverage being confined in this paper to 35 countries, the 34 OECD member states and Latvia.

Mayors from cities across the United States, Asia, Europe, Africa and Latin America gathered in New York to launch a global campaign to address rising inequalities and foster inclusive growth in their cities, in their countries and worldwide.

Japan must make revitalising growth its number one priority with reforms to boost productivity and encourage more women and older people into jobs to compensate for its rapidly shrinking labour force, according to the OECD.

Chile has improved its regulatory policy in recent years, but could see benefits from further measures and a comprehensive effort to improve the way it prepares and issues new laws and regulations, according to a new OECD report.

Launch of the OECD review of the risk management policies in Morocco. The review provides an objective assessment of the strengths and weaknesses of Morocco's risk management policies by international experts.

Through measurement, reviews, the identification of good practices and policy dialogue, the OECD seeks to better understand, track and help to improve access to justice.

Middle Eastern and North African countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD told ministers from the region today.

The OECD and the Greek Government, with the support of the European Commission, today launched a collaboration project to strengthen Greece’s action plan to fight corruption.

La inversión pública en Colombia ha aumentado sustancialmente en los últimos años hasta alcanzar casi el 4% del PIB, una cifra superior a la media OCDE de 3.2%. Sin embargo, según indica un nuevo informe de la OCDE, para hacer frente a la brecha en infraestructuras y para superar las desigualdades territoriales será necesario que el país mantenga y amplíe sus esfuerzos en materia de inversión.

This may come as a surprise to most serious policymakers, but here’s a fact: not all that is “news” is fact-checked information. Worse, non-facts are frequently introduced into stories and passed off as facts. Welcome to the new information world. It is unsettling, and hardly augurs well for robust policymaking. So what can be done about it?

Combatting corruption and restoring trust in institutions by upholding the principles of public integrity will be at the heart of a major conference in Athens from 11-12 July 2017.

The latest edition of the OECD’s biennial overview of public governance, Government at a Glance 2017, will be published on Thursday 13 July at 11:00 CET (10:00 GMT). The report compares OECD and partner countries in areas like public sector spending, employment, pay and investment using around 60 indicators.

The OECD is working with Tunisia to develop a system of subnational indicators.

07/11/12 - the OECD and the International Coordinating Committee of National Human Rights Institutions concluded a Memorandum of Understanding to promote respect by multinational enterprises of the new human rights chapter of the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles for Business and Human Rights upon which the OECD Guidelines are based.

In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.

OECD Corporate Governance Working Paper No.17. This report examines the influence of institutional shareholders and their activities towards good corporate governance, the historical changes to practices within shareholder meetings and the role that institutional shareholders have played in the improvement of corporate governance within Japanese listed companies.

Japan scored 73 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Japan averaged 71.54 Points from 1995 until 2019, reaching an all time high of 80 Points in 2011 and a record low of 58 Points in 1998. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Japan Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Initial Jobless Claims in Ireland increased to 58000 Persons in April from 53992 Persons in March of 2020. Initial Jobless Claims in Ireland averaged 65049.41 Persons from 1967 until 2020, reaching an all time high of 196988 Persons in July of 2009 and a record low of 20203 Persons in September of 1967. This page provides - Ireland Jobseekers Benefit Claims- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Japan increased to 1046007.60 JPY Billion in March from 1039844.40 JPY Billion in February of 2020. Money Supply M2 in Japan averaged 428648.14 JPY Billion from 1960 until 2020, reaching an all time high of 1046007.60 JPY Billion in March of 2020 and a record low of 8404 JPY Billion in February of 1960. Japan Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Japan Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Loans to Private Sector in Japan increased to 476139.30 JPY Billion in March from 474788.20 JPY Billion in February of 2020. Loans to Private Sector in Japan averaged 446921.36 JPY Billion from 1991 until 2020, reaching an all time high of 536555.80 JPY Billion in March of 1996 and a record low of 375948.90 JPY Billion in June of 2005. This page provides - Japan Loans to Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan is the 20 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Japan averaged 19.36 from 1995 until 2019, reaching an all time high of 25 in 1998 and a record low of 14 in 2011. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Japan Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Corporate Profits in Japan increased to 18575.90 JPY Billion in the fourth quarter of 2019 from 17323.17 JPY Billion in the third quarter of 2019. Corporate Profits in Japan averaged 6562.86 JPY Billion from 1954 until 2019, reaching an all time high of 26401.12 JPY Billion in the second quarter of 2018 and a record low of 43.24 JPY Billion in the third quarter of 1954. Corporate profits in Japan refer to the level of ordinary profits reported by all incorporated businesses in Japan except for Finance and Insurance sector. Ordinary profits are calculated as operating profits plus non-operating revenues less non-operating expenses. This page provides - Japan Corporate Profits - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Japan remained unchanged at 4 BBL/D/1K in December from 4 BBL/D/1K in November of 2019. Crude Oil Production in Japan averaged 6.40 BBL/D/1K from 1994 until 2019, reaching an all time high of 13 BBL/D/1K in July of 1996 and a record low of 3 BBL/D/1K in November of 2016. This page provides the latest reported value for - Japan Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Japan decreased 5.20 percent in March of 2020 over the same month in the previous year. Industrial Production in Japan averaged 4.88 percent from 1954 until 2020, reaching an all time high of 30 percent in February of 1960 and a record low of -37.20 percent in February of 2009. In Japan, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Japan Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Japan decreased 3.70 percent in March of 2020 over the previous month. Industrial Production Mom in Japan averaged 0.39 percent from 1953 until 2020, reaching an all time high of 6.80 percent in May of 2011 and a record low of -16.50 percent in March of 2011. In Japan, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Japan Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Transport in Japan increased to 25280 JPY Billion in 2018 from 25240.10 JPY Billion in 2017. GDP From Transport in Japan averaged 25430.32 JPY Billion from 1994 until 2018, reaching an all time high of 28606.50 JPY Billion in 2007 and a record low of 23919.80 JPY Billion in 1999. This page provides - Japan Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Production in Japan increased to 666947 Units in February from 659155 Units in January of 2020. Car Production in Japan averaged 687884.81 Units from 1980 until 2020, reaching an all time high of 961994 Units in March of 2006 and a record low of 249772 Units in April of 2011. This page provides - Japan Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Japan decreased to -8 points in the first quarter of 2020 from 0 points in the fourth quarter of 2019. Business Confidence in Japan averaged 1.47 points from 1983 until 2020, reaching an all time high of 53 points in the second quarter of 1989 and a record low of -58 points in the first quarter of 2009. In Japan, the quarterly Tankan Index of Sentiment at Large Manufacturers covers about 1,100 companies with capital over 1 billion Yen. The survey is done by mail or e-mail and asks participants to evaluate current trends and conditions in the business place and their respective industries as well as their expected business activities for the next quarter and year. The indicator is calculated by subtracting the percentage share of enterprises responding on the negative side from the share giving positive assessments. The index varies on a scale of -100 to 100 such that a value above zero indicates business optimism, a value below zero pessimism and 0 indicates neutrality. This page provides - Japan Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Japan 10Y Bond Yield was 0.01 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Japan Government Bond 10Y reached an all time high of 7.59 in May of 1984. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Youth Unemployment Rate in Japan decreased to 3.80 percent in March from 4.20 percent in February of 2020. Youth Unemployment Rate in Japan averaged 5.68 percent from 1970 until 2020, reaching an all time high of 10.90 percent in June of 2010 and a record low of 1.60 percent in May of 1970. This page provides the latest reported value for - Japan Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Import Prices in Japan decreased to 89.70 points in March from 94.10 points in February of 2020. Import Prices in Japan averaged 92.15 points from 1960 until 2020, reaching an all time high of 190.40 points in October of 1982 and a record low of 45.90 points in September of 1962. In Japan, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides - Japan Import Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Households Debt in Japan increased to 59 percent of GDP in the fourth quarter of 2019 from 58.60 percent of GDP in the third quarter of 2019. Households Debt To GDP in Japan averaged 53.22 percent of GDP from 1964 until 2019, reaching an all time high of 72.20 percent of GDP in the fourth quarter of 1999 and a record low of 20.30 percent of GDP in the second quarter of 1965. This page provides - Japan Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Japan stands at 30.62 percent. Corporate Tax Rate in Japan averaged 41.19 percent from 1993 until 2020, reaching an all time high of 52.40 percent in 1994 and a record low of 30.62 percent in 2019. In Japan, the Corporate Income tax rate refers to the highest corporate tax rate for companies with taxable income above 8 million JPY a year based in Tokyo. Revenues from the Corporate Tax Rate are an important source of income for the government of Japan. This page provides - Japan Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Japan decreased 0.40 percent in March of 2020 over the same month in the previous year. Producer Prices Change in Japan averaged 1.39 percent from 1961 until 2020, reaching an all time high of 33.80 percent in February of 1974 and a record low of -8.60 percent in August of 2009. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Japan Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.