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Seminar on open and orderly capital movements

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.




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Student loans, indebtedness, and financial literacy in the United States

Annamaria Lusardi is the Denit Trust Chair of Economics and Accountancy at the George Washington University School of Business. Following the release of new data focused on Americans’ financial capability, she draws attention to some of the findings in the study, focusing on three areas of great importance to the personal finances of Americans: student loans, indebtedness, and financial literacy.




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Betting the house in Denmark

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds.




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OECD to launch Pensions Outlook 2016 Monday 5 December

OECD Pensions Outlook 2016, to be published on Monday 5 December at 12p.m. Paris time, assesses policy issues regarding strengthening pension systems and, in particular, funded pension plans.




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Design of funded private pensions needs to be improved

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.




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Incentivising lending to SMEs with the Funding for Lending Scheme: some evidence from bank-level data in the United Kingdom

This study explores the effectiveness of the incentive mechanisms embedded within the UK’s Funding for Lending Scheme (FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs).




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Conditions for establishment of subsidiaries and branches in the provision of banking services by non-resident institutions

In 2014, the Financial Stability Board (FSB), in collaboration with the IMF and OECD, prepared a report for G20 leaders that sought to assess the cross-border consistencies and global financial stability implications of structural banking reform measures. To further examine structural banking reform measures taken since 2008, the OECD circulated a survey. This report describes the outcome of this survey.




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The role of public debt managers in contingent liability management

This working paper explores the role of public debt managers in contingent liability management based on the results of a background OECD survey and the information provided by seven task force countries. The results indicate that there are certain roles and responsibilities assumed by the public debt managers in this field, while the degree of involvement differs widely across countries.




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Conference on business, finance and gender

Paris, 8 March 2017: Taking place on International Women's Day, this OECD-hosted conference considered questions such as gender differences in financial literacy and inclusion; women working in the informal economy and the role of business: gender differences in the changing pensions landscape; empowering women to fight back against corruption and engaging men to support gender equality in the workplace.




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Responsible business conduct for institutional investors: Key considerations for due diligence under the OECD Guidelines for Multinational Enterprises

Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios.




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Launch: OECD PISA financial literacy assessment of students

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.




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Many teenagers struggle to understand money matters

Around one in four students in the 15 countries and economies* that took part in the latest OECD Programme for International Student Assessment (PISA) test of financial literacy are unable to make even simple decisions on everyday spending, while only one in ten can understand complex issues, such as income tax.




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Better but not good enough: New approaches are needed to make globalisation work for all, OECD says in latest Economic Outlook

The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD’s latest Economic Outlook.




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Open and Orderly Capital Movements: Interventions from the 2016 OECD High-Level Seminar

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.




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Coping with the financial consequences of devastating floods

‌07/09/2017 - Flooding is one of the most common, wide-reaching and destructive natural perils, affecting on average about 250 million people around the world each year. OECD work on the financial management of flood risk has identified a number of ways that policy makers can improve the way they manage the financial implications of floods.




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Gender gaps in financial literacy and financial education

This chapter from "The Pursuit of Gender Equality: An Uphill Battle" shows that two-thirds of the 30 economies participating in a financial literacy survey reported that gender differences in financial knowledge and confidence persist.




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OECD Guidelines on Insurer Governance

16 November 2017 - The OECD Guidelines on Insurer Governance provide guidance and serve as a reference point for insurers, governmental authorities, and other relevant stakeholders in OECD and non-OECD countries. The Guidelines have been revised and expanded to reflect evolving market practices and updates to international guidance following the financial crisis.




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Small business access to alternative finance increasing as new bank lending declines

Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report.




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Financial inclusion and literacy in the South American Andes

Focusing on Bolivia, Colombia, Ecuador, and Peru, Maria José Roa, a Senior Researcher at the Center for Latin American Monetary Studies, looks at how financial literacy survey results can play a role in the development of financial inclusion strategies




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Video series: Perspectives on green finance and investment

Leading actors across the green finance and investment community talk to the OECD about what has to be done to achieve the objectives of the Paris Agreement and the broader set of environmental objectives linked to the Sustainable Development Goals (SDGs).




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Women in economics: The unknown cost of gender imbalance

Paris, 25 May 2018 - Following a keynote speech from Emmanuelle Auriol, Professor at Toulouse School of Economics and Chair of Women in Economics of the European Economic Association, discussions at this event will explore some of the issues emerging from the gender biases evident in the field of economics.




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Financial system risk is elevated and global standards are essential in managing cross-border infrastructure investment

A new OECD report, the 2018 Business and Finance Outlook, highlights a number of major risks having the potential to disrupt global economic growth. It notes that the gradual normalisation of monetary policy in an environment of growing debt will be a major test of whether the Basel III regulatory reforms have achieved their goal of ensuring safety and soundness in the financial system.




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State-owned firms behind China’s corporate debt

While China’s overall debt-to-GDP ratio is not particularly high, its non-financial corporate debt relative to GDP is higher than in other major economies.




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Risks rising in corporate debt market

Global outstanding debt in the form of corporate bonds issued by non-financial companies has hit record levels, reaching almost USD 13 trillion at the end of 2018. This is double the amount outstanding in real terms before the 2008 financial crisis, according to a new OECD paper.




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Combating Money Laundering and the Financing of Terrorism in Latvia: Overview

A robust and resilient anti-money laundering and combating of terrorism financing (AML/CFT) regime is the first step towards being able to implement effective legal, regulatory and operational measures. This document describes recommendations made by the OECD in relation to Latvia’s efforts to strengthen its AML/CFT supervisory and control systems.




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2019 OECD Global Forum on Public Debt Management

23-24 April 2019, Paris - Debates at the 2019 Global Forum focused on the funding environment, the role of borrowing instruments in broadening the investor base, technological advances in finance for government bond markets and challenging debt dynamics.




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OECD presents revised Codes on capital flows to G20

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.




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Nepal GDP From Wholesale and Retail Trade

GDP From Services in Nepal increased to 131079 NPR Million in 2018 from 118204 NPR Million in 2017. GDP From Services in Nepal averaged 81820.42 NPR Million from 2000 until 2018, reaching an all time high of 131079 NPR Million in 2018 and a record low of 61837 NPR Million in 2001. This page provides - Nepal Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Nepal Government Debt to GDP

Nepal recorded a government debt equivalent to 30.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Nepal averaged 44.34 percent from 1999 until 2018, reaching an all time high of 69.50 percent in 2001 and a record low of 25.30 percent in 2015. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Nepal Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Nepal Corruption Index

Nepal scored 34 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Nepal averaged 27.25 Points from 2004 until 2019, reaching an all time high of 34 Points in 2019 and a record low of 22 Points in 2010. 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 - Nepal Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Nepal Balance of Trade

Nepal recorded a trade deficit of 103773.70 Million NPR in December of 2019. Balance of Trade in Nepal averaged -37973.27 Million NPR from 2001 until 2019, reaching an all time high of -3913.30 Million NPR in October of 2001 and a record low of -132194.70 Million NPR in September of 2018. Nepal’s lack of infrastructure and geographic constraints has led to chronic trade deficits. Nepal mainly exports iron and steel, knotted carpets, textiles, plastics, hollow tubes, beverages and vegetables. Nepal mainly imports oil, gold, iron and steel, clothes, pharmaceutical products, cement, electronic appliances, food and vehicles. This page provides - Nepal Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Nepal Coronavirus Deaths

Nepal did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Nepal Coronavirus Deaths.




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Deposit Interest Rate in Rwanda

Deposit Interest Rate in Rwanda decreased to 5.39 percent in 2018 from 5.95 percent in 2017. Deposit Interest Rate in Rwanda averaged 7.64 percent from 1980 until 2018, reaching an all time high of 11.01 percent in 1996 and a record low of 5 percent in 1993. 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 Rwanda.




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Rwanda Competitiveness Index

Rwanda scored 52.82 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Rwanda averaged 19.84 Points from 2011 until 2019, reaching an all time high of 52.82 Points in 2019 and a record low of 3.99 Points in 2011. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Rwanda Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Rwanda Public External Debt

External Debt in Rwanda increased to 3010 USD Million in 2017 from 2453 USD Million in 2016. External Debt in Rwanda averaged 1280.38 USD Million from 1991 until 2017, reaching an all time high of 3010 USD Million in 2017 and a record low of 511.20 USD Million in 2006. This page provides - Rwanda External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Rwanda Terrorism Index

Terrorism Index in Rwanda increased to 2.95 in 2018 from 2.18 in 2017. Terrorism Index in Rwanda averaged 2.73 from 2002 until 2018, reaching an all time high of 3.94 in 2010 and a record low of 0.42 in 2004. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).




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Rwanda Corruption Index

Rwanda scored 53 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Rwanda averaged 44.27 Points from 2005 until 2019, reaching an all time high of 56 Points in 2018 and a record low of 25 Points in 2006. 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 - Rwanda Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Rwanda Consumer Price Index Cpi

Consumer Price Index Cpi in Rwanda increased to 137 points in March from 134.52 points in February of 2020. Consumer Price Index Cpi in Rwanda averaged 103.53 points from 2009 until 2020, reaching an all time high of 137 points in March of 2020 and a record low of 79.84 points in February of 2009. This page provides - Rwanda Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Rwanda Coronavirus Deaths

Rwanda did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Rwanda Coronavirus Deaths.




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OECD Strategy on Development - C-MIN(2012)6

The main goal of the Strategy is to strengthen OECD’s contributions to “higher and more inclusive growth in the widest array of countries”, making full use of the OECD evidence-based approaches to improve policy making and economic reform for developing and developed countries.




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Closing the Gender Gap - country note: Belgium

Gains in female education attainment have contributed to a worldwide increase in women’s participation in the labour force, but considerable gaps remain in working hours, conditions of employment and earnings.  More specific data for Beligum are available in this country note.




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Report: Green growth in the Benelux - Indicators of local transition to a low-carbon economy in cross-border regions (Benelux)

This paper discusses the results of the 2011-2012 OECD LEED study of measuring green growth in the Benelux countries (Belgium, The Netherlands and Luxembourg). The study paid particular attention to the challenges of measuring the transition to a low-carbon economy in cross-border areas as they have additional levels of complexity when it comes to measuring and monitoring their low-carbon transition.




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OECD report measures human cost of crisis; underlines need to invest in well-being

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.




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Teaching and Learning International Survey (TALIS)- Country profile - Flanders (Belgium)

Country profiles highlight some key findings from TALIS 2013 for individual countries and economies




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Job Creation and Local Economic Development in Belgium

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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Why quotas work for gender equality

Gender inequality is one of the most primitive and oldest forms of inequality. Sadly, it is still very much a reality in most parts of the world. In many countries women do not have equal access to education, healthcare, safety, work or political decision-making.




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Brunei Government Debt to GDP

Brunei recorded a government debt equivalent to 2.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Brunei averaged 0.74 percent from 1985 until 2018, reaching an all time high of 3.20 percent in 2014 and a record low of 0 percent in 1986. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Brunei Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Deposit Interest Rate in Brunei

Deposit Interest Rate in Brunei decreased to 0.31 percent in 2018 from 0.32 percent in 2017. Deposit Interest Rate in Brunei averaged 0.58 percent from 2004 until 2018, reaching an all time high of 1.17 percent in 2007 and a record low of 0.23 percent in 2012. 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 Brunei.




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Brunei Corruption Index

Brunei scored 60 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Brunei averaged 57.78 Points from 2009 until 2019, reaching an all time high of 63 Points in 2018 and a record low of 52 Points 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 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 - Brunei Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Brunei Consumer Price Index Cpi

Consumer Price Index Cpi in Brunei increased to 99.20 points in November from 99.10 points in October of 2019. Consumer Price Index Cpi in Brunei averaged 99.34 points from 2015 until 2019, reaching an all time high of 100.70 points in December of 2015 and a record low of 98.40 points in June of 2019. This page provides - Brunei Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.