The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.

Highlights for Austria from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.

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.

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.

Housing Index in Uruguay increased to 273.05 Index Points in the fourth quarter of 2013 from 217.47 Index Points in the second quarter of 2013. Housing Index in Uruguay averaged 140.18 Index Points from 1991 until 2013, reaching an all time high of 273.05 Index Points in the fourth quarter of 2013 and a record low of 43.35 Index Points in the fourth quarter of 2003. In Uruguay, Housing Index is measured by the Index of New Housing Construction Volume with the base value of 100 in 1990. This page provides - Uruguay New Housing Construction Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Uruguay is ranked 101 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Uruguay deteriorated to 101 in 2019 from 95 in 2018. Ease of Doing Business in Uruguay averaged 95.83 from 2008 until 2019, reaching an all time high of 114 in 2009 and a record low of 85 in 2012. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Uruguay.

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.

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.

Government Debt in Russia decreased to 12564.70 RUB Billion in the fourth quarter of 2019 from 14052 RUB Billion in the third quarter of 2019. Government Debt in Russia averaged 7974.09 RUB Billion from 2008 until 2019, reaching an all time high of 14052 RUB Billion in the third quarter of 2019 and a record low of 2454.90 RUB Billion in the third quarter of 2008. This page provides - Russia Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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'.

Europe's sovereign debt crisis has exposed structural weaknesses in economic governance that now threaten the entire euro region. Efforts to reinforce public finances and preserve the currency union must go further than solutions proposed to date.

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.

This study models the distance-to-default (DTD) of a large sample of banks from 2004 to 2011 and examines the results from the perspective of policy approaches that aim to reduce the riskiness of banks.

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 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.

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.

This article summarises discussions from a financial roundtable addressing concerns about structural flaws in the way banks operate and are being regulated and supervised in the wake of on-going banking sector problems involving financial fraud and banking scandals.

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.

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.

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.

Sovereign index-linked bond issuance has grown significantly since the early 1980s and index-linked bonds have become a widely accepted part of the set of instruments that sovereign debt managers use for funding purposes. This paper sets out a methodology for assessing their cost effectiveness relative to other financing options, using UK examples for illustration.

The financial crisis has shown that many people need to have a better understanding of the financial issues in order to make informed decisions on matters such as savings, investments, pensions and credit, according to a report to be presented to G20 leaders in Saint Petersburg this week.

At their meetings on 19-20 September 2013, APEC Finance Ministers welcomed a survey report prepared by the OECD on disaster risk financing practices in the Asia Pacific region.

Low levels of financial inclusion are associated with lower levels of financial literacy. This report looks at how policy makers are developing financial education policies for financial inclusion. It highlights challenges faced and solutions found, as well as outlining the main lessons learnt and possibilities for the way forward.

After showing an average negative rate of return on investment across the OECD zone in 2011, pension fund assets achieved high returns in almost all OECD countries in 2012, with a real return greater than 5% in 18 countries, according to the latest edition of Pension Markets in Focus.

The 2013 Global Forum focused on a number of critical policy, regulatory and supervisory issues affecting private and public pension provision in the Asia region.

The bank regulator's paradox is that large, complex and interconnected banks need very little capital in the good times, but they can never have enough in an extreme crisis. Separation is required to deal with this problem, which derives mainly from counterparty risk. This paper outlines the OECD’s separation proposal and also compares it to current national approaches to separation.

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.

This event, co-organised by the OECD and the Korean authorities, explored policies and good practices for supporting long-term savings and investments through financial education and financial consumer protection.

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.

Held in Amsterdam on 7 April 2014, this workshop focused on: long-term pension investment strategies under risk-based regulation; riskiness and pro-cyclicality in pension asset allocation; and, regulatory challenges for long-term illiquid assets.

This report describes the key findings from responses by 35 countries to a survey on implicit guarantees. Policy makers have announced their intention to rein in the values of implicit guarantees so it is important to measure their value to help facilitate the task of assessing progress in reducing their value.

2-3 October 2014, Swakopmund, Namibia: This event focused on the pension reform process in Africa, tax and the financial incentives that affect savings in complementary private pensions, and the role of pension funds in long-term investment financing and capital market development.

Low growth, low interest rates and low returns on investment linked to the slow global economy are now compounding the problems of population ageing for both public and private pension systems, according to a new OECD report.

The 2014 edition of the OECD Pensions Outlook explores the crucial and far-reaching challenges that pension systems are currently facing. This report was released at a launch event in London on 8 December 2014.

This seminar addressed cutting-edge policy issues and research ideas to promote financial inclusion and financial literacy in Asia, notably: national strategies for financial education; financial education and consumer protection; measuring financial literacy; and, financial literacy for micro-entrepreneurs and SMEs.

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.

More than half a decade has passed since the most significant economic crisis of our lifetimes and a plethora of different interpretations has been offered about its origins. This paper consolidates the stylised facts put forward so far into a concise and coherent meta-narrative.

Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports.

The 2015 OECD-GFLEC symposium is addressing financial literacy for micro, small and medium-sized enterprises and harnessing financial education to spur entrepreneurship and innovation.

In this issue of "Pension Funds in Figures", preliminary data and early estimates for 2014 show that pension funds’ assets exceeded USD 25 trillion in OECD countries. The largest increases are found in Estonia, Korea, Luxembourg and Turkey, where pension funds’ assets rose by more than 20% compared to...

The greatest puzzle today is that since the global crisis financial markets see so little risk, with asset prices rising everywhere in response to zero interest rates and quantitative easing, while companies that invest in the real economy appear see so much more risk. What can be happening?

The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.