On 1-3 March 2016, the OECD hosted two important events for the international tax community. The Task Force on Tax and Development and the Global Forum on Transfer Pricing gathered over 230 participants representing 84 jurisdictions and 11 international and regional organisations.

On 29/02/2016, interested parties were invited to comment on a discussion draft othat includes proposals for changes to the OECD Model Tax Convention concerning the treaty residence of pension funds. The OECD is grateful to the commentators for their input and now publishes the comments received.

The effect of the size and mix of public spending on growth and inequality

The mission of the French High Commission for Pension Reform is to prepare the reform introducing a universal pension points system in France.

Military Expenditure in Iraq decreased to 6200 USD Million in 2018 from 7416 USD Million in 2017. Military Expenditure in Iraq averaged 5051.20 USD Million from 2004 until 2018, reaching an all time high of 9536 USD Million in 2015 and a record low of 2037 USD Million in 2006.

Military Expenditure in Gambia decreased to 11.30 USD Million in 2018 from 14.90 USD Million in 2015. Military Expenditure in Gambia averaged 4.45 USD Million from 1983 until 2018, reaching an all time high of 16.40 USD Million in 2014 and a record low of 0.70 USD Million in 1983.

Military Expenditure in Burundi increased to 67 USD Million in 2018 from 64 USD Million in 2017. Military Expenditure in Burundi averaged 61.12 USD Million from 1965 until 2018, reaching an all time high of 106 USD Million in 2001 and a record low of 14 USD Million in 1965.

G20 governments should prevent further deterioration in their collective trade and investment policy stance and focus on promoting open markets to re-boot growth in the world economy, according to the OECD, WTO and UNCTAD.

Georgia has achieved significant progress in reducing corruption over the past decade. To build on this progress, the Government should focus on strengthening its professional civil service and ensure independence of the judiciary, according to a new OECD report.

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.

The OECD Working Group on Bribery supports Spain’s efforts to further reform its Penal Code to bring its anti-bribery law into line with its international obligations under the OECD Convention on Combatting Bribery of Foreign Public Officials in International Business Transactions.

Kazakhstan’s new anti-corruption strategy must be better defined, involving key stakeholders, with targeted actions and goals that address the key corruption challenges facing the country, says a new OECD report by the Istanbul Anti-Corruption Action Plan (IAP).

Addis Ababa - Part of the 3rd International Conference on Financing for Development, this event explored strategies to leverage Africa’s pension funds and other sources of private financing to develop Africa’s infrastructure. Ways to improve the investment climate in Africa using the recently updated Policy Framework for Investment were also be addressed.

COPARMEX, COMCE, BIAC, and the OECD are jointly hosting a one-day high-level conference in Mexico City on October 15 2015 to communicate to the government and business community how the evidence-based work on global value chains and trade in services matters for trade policy in Mexico and the Latin American region.

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.

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.

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.

Compensation for adjudicators is generally considered as a core issue for judicial independence and for attracting good judges in the institutional design for courts. This paper examines compensation systems for adjudicators and dispute settlement administrators in investor-state dispute settlement. The paper uses in part a comparative perspective based on approaches in domestic courts in advanced economies.

Military Expenditure in Angola decreased to 2508 USD Million in 2018 from 3063 USD Million in 2017. Military Expenditure in Angola averaged 3250.97 USD Million from 1988 until 2018, reaching an all time high of 7798 USD Million in 2014 and a record low of 207 USD Million in 1992.

Government Spending in Angola increased to 3812.80 AOA Billion in 2017 from 3480.10 AOA Billion in 2016. Government Spending in Angola averaged 2151.02 AOA Billion from 2003 until 2017, reaching an all time high of 3812.80 AOA Billion in 2017 and a record low of 390.80 AOA Billion in 2003. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Angola Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The United States spent 16% of its national income (GDP) on health in 2007, which is by far, the highest share in the OECD. This presentation was given by Mark Pearson, Head of OECD Health Division, to the U.S Senate Special Committee on Aging.

Health spending continues to rise faster than economic growth in most OECD countries, maintaining a trend observed since the 1970s. Health spending reached 9.5% of GDP on average in 2009, the most recent year for which figures are available, up from 8.8% in 2008, according to OECD Health Data 2011.

Growth in health spending slowed or fell in real terms in 2010 in almost all OECD countries, reversing a long-term trend of rapid increases, according to OECD Health Data 2012.

This workshop will convene leading experts from health and finance backgrounds in government, academia, and international organisations to take stock of progress in health expenditure forecasting and to discuss future directions, in light of policy needs and recent advancements in techniques, detailed data and computing power.

Health spending fell across the European Union in 2010, as cash-strapped governments curbed outlays to help cut budgetary deficits, according to Health at a Glance: Europe 2012, a new joint report by the OECD and the European Commission.

OECD Health Working Papers No. 60: Health Spending Growth at Zero: Which Countries, Which Sectors Are Most Affected?

This paper provides new projections of public spending on health and long-term care for OECD countries and the BRIICS countries (Brazil, Russia, India, Indonesia, China and South Africa). Despite the inevitable uncertainty surrounding projections, they suggest a rapidly rising trend over the next 50 years.

After falling sharply in 2010, health spending remained flat across OECD countries in 2011 as the economic crisis continued to have an impact, particularly in those European countries hardest hit by the crisis, according to OECD Health Data 2013.

Ireland continues to make substantive headway in improving health outcomes, but more can be done in reducing risk-factors for major diseases and improving value-for-money in health spending, according to a new OECD report.

Total health spending has fallen in one of three OECD countries between 2009 and 2011, with those hardest hit by the crisis most affected. This is a sharp reversal from the strong growth in the years prior to the crisis, according to a new OECD report.

Health spending per capita in real terms fell by 2% in Italy in 2011, and is estimated to have fallen by a further 0.4% in 2012. Spending per capita also fell in 10 other European countries between 2009 and 2011, following the recession and the need for fiscal consolidation, according to a new OECD report.

Health spending has fallen in the United Kingdom in 2010 and 2011 for the first time since the 1970s, according to a new OECD report. Health at a Glance 2013 says that spending in real terms per capita fell by 1.1% in 2011, following a 2.5% decline in 2010.

Health spending has started to rise again after stagnating or even falling in many OECD countries during the crisis. But the pace of growth remains well below pre-crisis rates, especially in Europe, according to OECD Health Statistics 2014.

The USA has exceptional levels of health-care expenditure, but growth slowed dramatically in recent years, amidst major efforts to close the coverage gap with other OECD countries.

Many European countries saw further reductions in health spending in 2013, according to OECD Health Statistics 2015. Health spending continued to shrink in Greece, Italy and Portugal in 2013. Most countries in the European Union reported real per capita health spending below the levels of 2009. Outside of Europe, health spending has been growing at around 2.5% per year since 2010.

Price levels for private hospital services in South Africa are comparable to the levels observed across OECD countries. But they are higher than what could be expected given the country’s income, according to a new OECD working paper.

This paper looks at recent trends in pharmaceutical spending across OECD countries. It examines the drivers of recent spending trends, highlighting differences across therapeutic classes, and then looks at emerging challenges for policy makers in the management of pharmaceutical spending.

Asia-Pacific countries should strengthen their health systems and sharply increase spending to deliver effective universal coverage in order to meet the changing needs of their fast ageing populations, according to a new OECD report.

Asia’s pension systems need modernising urgently to deliver secure, sustainable and adequate retirement incomes for today’s workers in the context of the rapid population ageing that will occur over the next two decades, according to a new OECD report.

Key findings for Australia from the report "Pensions at a Glance 2017"

Key findings for Australia from the report "Pensions at a Glance 2019"

The effective age of labour market exit in Japan is one of the highest in OECD. Retirement-income adequacy may be an issue for future cohorts of retirees...

The OECD has now grown into an institution of truly global relevance. And Japan, which was the first Asian country to join the organisation, is now a world economic giant. It is a great honour to introduce the Chairman of the 2014 Ministerial Council Meeting, Prime Minister Shinzo Abe.

This 4-page online document presents the key findings from OECD Pensions at a Glance 2015 and why it is important for Japan. It also identifies two key pension policy measures which would help improve the performance of pension systems in Japan

Key findings for Japan from the report "Pensions at a Glance 2017"

Key findings for Japan from the report "Pensions at a Glance 2019"

Military Expenditure in Myanmar decreased to 3155 USD Million in 2018 from 3464 USD Million in 2017. Military Expenditure in Myanmar averaged 779.40 USD Million from 1951 until 2018, reaching an all time high of 3818 USD Million in 2015 and a record low of 159 USD Million in 1951.

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.

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.

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.