The world economy desperately needs more productive investment: to create jobs, to increase productivity and to meet critical global goals like combating climate change. But instead of more productive investment, we are getting rising stock markets. Sadly too many policymakers and journalists don’t know the difference.

When I was interviewing 200 bankers and banking staff working in Europe's financial centre the City of London, perhaps the most telling was the language. Not so much the profanities– though there were many of those–nor the technical stuff and three-letter acronyms (TLAs). Most striking were terms that seemed designed to sidestep any possibility of ethical discussion.

Globalisation has failed to create a level playing field in trade, investment and corporate behaviour, being one of the factors contributing to a backlash against openness in many countries and a decline in confidence in government institutions.

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.

This publication compiles a series of articles that focus on the impact of digitalisation and technology in the areas of financial markets, insurance, and private pensions. It also discusses the tools and policies needed to ensure that the challenges posed by digitalisation result in better outcomes and better management of the risks involved.

The digitalisation of financial products and services, and the consequent need to strengthen digital financial literacy has become an important component of the global policy-making agenda. This guidance aims to identify and promote effective initiatives that enhance digital and financial literacy in light of the unique characteristics, advantages, and risks of digital financial services and channels.

This seminar, jointly organised by the OECD and the Ministry of Finance of Japan, will address quality infrastructure investment, governance, planning and technology issues as well as data collection and benchmarking for quality infrastructure. It is taking place on 12-13 September 2018, in Tokyo, Japan.

Standard & Poor's credit rating for Australia stands at AAA with negative outlook. Moody's credit rating for Australia was last set at Aaa with stable outlook. Fitch's credit rating for Australia was last reported at AAA with stable outlook. DBRS's credit rating for Australia is AAA with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Australia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Australia as reported by major credit rating agencies.

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

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.

Capacity Utilization in Australia decreased to 75.05 percent in March from 81.13 percent in February of 2020. Capacity Utilization in Australia averaged 81.10 percent from 1997 until 2020, reaching an all time high of 84.62 percent in October of 2007 and a record low of 75.05 percent in March of 2020. This page provides - Australia Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Internet Speed in Mali decreased to 773.93 KBps in the first quarter of 2017 from 1029.88 KBps in the fourth quarter of 2016. Internet Speed in Mali averaged 475.52 KBps from 2007 until 2017, reaching an all time high of 1029.88 KBps in the fourth quarter of 2016 and a record low of 235.49 KBps in the third quarter of 2010. This page includes a chart with historical data for MaliInternet Speed.

IP Addresses in Mali increased to 12496 IP in the first quarter of 2017 from 11137 IP in the fourth quarter of 2016. IP Addresses in Mali averaged 11078.90 IP from 2007 until 2017, reaching an all time high of 17117 IP in the second quarter of 2014 and a record low of 3781 IP in the third quarter of 2007. This page includes a chart with historical data for MaliIP Addresses.

Temperature in Mali decreased to 21.09 celsius in December from 26.52 celsius in November of 2015. Temperature in Mali averaged 28.45 celsius from 1849 until 2015, reaching an all time high of 35.37 celsius in May of 2015 and a record low of 19.06 celsius in January of 1889. This page includes a chart with historical data for Mali Average Temperature.

Precipitation in Mali decreased to 0.01 mm in December from 0.69 mm in November of 2015. Precipitation in Mali averaged 27.69 mm from 1901 until 2015, reaching an all time high of 174.19 mm in August of 1950 and a record low of 0 mm in January of 1966. This page includes a chart with historical data for Mali Average Precipitation.

Military Expenditure in Mali decreased to 457 USD Million in 2018 from 459 USD Million in 2017. Military Expenditure in Mali averaged 90.56 USD Million from 1965 until 2018, reaching an all time high of 459 USD Million in 2017 and a record low of 24.20 USD Million in 1966.

Electricity Production in Mali decreased to 453.86 Gigawatt-hour in August from 539.23 Gigawatt-hour in May of 2016. Electricity Production in Mali averaged 260.60 Gigawatt-hour from 2000 until 2016, reaching an all time high of 539.23 Gigawatt-hour in May of 2016 and a record low of 110.49 Gigawatt-hour in February of 2000. This page provides - Mali Electricity Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Mali increased to 6.65 in 2018 from 6.02 in 2017. Terrorism Index in Mali averaged 3.41 from 2002 until 2018, reaching an all time high of 6.65 in 2018 and a record low of 0 in 2003. 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).

Mali is the 130 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Mali averaged 107.71 from 2003 until 2019, reaching an all time high of 130 in 2019 and a record low of 77 in 2004. 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 - Mali Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Mali increased to 9.80 percent in 2019 from 9.60 percent in 2018. Unemployment Rate in Mali averaged 6.91 percent from 1991 until 2019, reaching an all time high of 11.70 percent in 2007 and a record low of 3.10 percent in 1992. In Mali, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Mali Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Mali was worth 17 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Mali represents 0.01 percent of the world economy. GDP in Mali averaged 4.82 USD Billion from 1967 until 2019, reaching an all time high of 17.20 USD Billion in 2018 and a record low of 0.28 USD Billion in 1967. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Mali GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Mali was estimated at 19.7 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Mali had a population of 5.3 million people. The population of Mali represents 0.23 percent of the world´s total population which arguably means that one person in every 440 people on the planet is a resident of Mali. This page provides the latest reported value for - Mali Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Mali was last recorded at 4.50 percent. Interest Rate in Mali averaged 4.03 percent from 2010 until 2020, reaching an all time high of 4.50 percent in December of 2016 and a record low of 3.50 percent in September of 2013. Mali is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate. This page provides - Mali Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Capacity Utilization in Mali increased to 80.50 percent in the fourth quarter of 2019 from 77 percent in the third quarter of 2019. Capacity Utilization in Mali averaged 59.48 percent from 2008 until 2019, reaching an all time high of 99.90 percent in the first quarter of 2018 and a record low of 36 percent in the third quarter of 2014. This page provides - Mali Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Mali increased to 109.50 points in March from 109.20 points in February of 2020. Cpi Housing Utilities in Mali averaged 109.73 points from 2011 until 2020, reaching an all time high of 119.90 points in October of 2015 and a record low of 99.20 points in January of 2012. This page provides - Mali Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Mali decreased to 97.30 points in March of 2020 from 99.10 points in February of 2020. Cpi Transportation in Mali averaged 106.64 points from 2011 until 2020, reaching an all time high of 117.70 points in May of 2013 and a record low of 94.40 points in March of 2018. This page provides - Mali Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Moody's credit rating for Mali was last set at B3 with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Mali thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Mali as reported by major credit rating agencies.

Exports to Australia in Turkey increased to 57.10 USD Million in March from 43.89 USD Million in February of 2020. Exports to Australia in Turkey averaged 49.52 USD Million from 2014 until 2020, reaching an all time high of 168.03 USD Million in February of 2016 and a record low of 30.51 USD Million in January of 2016. This page includes a chart with historical data for Turkey Exports to Australia.

India is set for a modest recovery after a loss of momentum, as reforms to simplify taxation, lighten business regulations and upgrade infrastructure start to bear fruit. Further reforms to modernise the economy are now needed to drive the creation of high-quality jobs, as well as measures to improve public services and welfare, according to a new OECD report.

OECD Secretary-General Angel Gurría has welcomed the measures adopted by the Italian government to address fiscal sustainability while boosting growth and equity.

Can both less income inequality and more growth be achieved? A recent OECD study sheds new light on the link between policies that boost growth and the distribution of income.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

The Great East Japan Earthquake took a heavy toll of human lives and inflicted a massive economic damage, estimated at 3½ per cent of GDP. This event requires considerable time and a nation-wide effort of reconstruction. This is the first component of Prime Minister Noda’s “Strategies to Revitalise Japan”, which we very much welcome and support, said OECD Secretary-General.

The Australian economy is robust and faces a solid short-term outlook, but it must continue adapting to ensure that its privileged place in the Asia-Pacific region contributes to long-term sustainable growth, according to the OECD’s latest Economic Survey of Australia.

The Netherlands has strongly benefited from globalisation, which boosted international trade, cross-border investment and economic growth over the latest decades.

Britain must continue to pursue pro-growth, as well as inequality-reducing structural reforms in order to recover from the nation’s deepest recession in nearly a century, according to a new OECD report.

Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly, especially if the currently strong terms of trade weaken over time.

In this paper we include measures of school quality in regressions determining the labour market premiums to education level.

This short paper analyses the decline of France’s trade balance over the past 15 years. While the loss in export market shares is comparable to that of the major OECD countries except Germany, it is one of the largest among the countries of the euro area.

This book deals with two issues. The first concerns the various measurement of fiscal decentralization in general and their usefulness for policy analysis. The second and more specific issue concerns the taxonomy of intergovernmental grants and the limits of the current classifications.

Employment has risen by more and unemployment has risen less than expected, given the path of output. Nevertheless, long-term and youth unemployment and involuntary part-time work are high. A polarised labour market risks worsening income inequality, which is high by OECD standards, despite a recent and likely temporary decline.

Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. Income dispersion largely originates from the labour market, which is characterised by a still high unemployment rate, a pervasive informal sector and a wide wage dispersion reflecting a large education premium for those with higher education.

Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. While most of the inequality originates from the labour market, wealth – and thus capital income – is also highly concentrated and the tax and transfer system has little redistributive impact.

Informality has important implications for productivity, economic growth, and the inequality of income. In recent years, the extent of informal employment has increased in many of Mexico's states, though highly heterogeneously.

Austerity programmes to restore order to public finances can add to the woes of already struggling economies, leading to more job losses and social hardship. But there are ways for governments to put their fiscal houses in order, while supporting growth and reducing income inequality at the same time.

Technological advances, less costly shipping and trade liberalisation have transformed the way in which companies make products and distribute them worldwide. Governments that become more open to trade and investment, and encourage innovation will help firms better integrate the global value chains that are driving growth in increasingly interconnected economies, according to new OECD research.

Income inequality and relative poverty in the United States are among the highest in the OECD and have substantially increased over the past decades. These developments have been associated with a number of other worrying statistics, including low intergenerational social mobility and weak real income growth for many households.

South Africa has achieved remarkable progress in educational attainment relative to other emerging countries, but the quality of basic education for a large fraction of the Black African population is still very low.

OECD Secretary-General Angel Gurría strongly supports President François Hollande’s recently announced measures to revitalise the French economy and set it on a path towards stronger growth.

Industrial specialization has important implications for economic performance; therefore, understanding its determinants is of key policy relevance.