financial

G20-OECD Policy Guidance Financial Consumer Protection Approaches in the Digital Age

The increasingly digital environment for financial products and services and the potential for digitalisation to support greater financial inclusion and inclusive growth, makes effective financial consumer protection more important than ever. This policy guidance focuses on areas related to the role of oversight bodies and disclosure and transparency.




financial

G20-OECD INFE Policy Guidance Digitalisation and Financial Literacy

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.




financial

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.




financial

OECD INFE core competencies framework on financial literacy for MSMEs

This document contains a high-level, outcome-based, internationally relevant, core competencies framework on financial literacy for micro, small and medium-sized enterprises (MSMEs) and potential entrepreneurs. It highlights a range of outcomes that may be important to sustain or improve their financial literacy.




financial

OECD-Russia symposium on financial literacy

4-5 October 2018, Moscow, Russian Federation: The symposium will focus on innovative implementation approaches to deliver global progress on financial literacy.




financial

OECD Committee on Financial Markets Elects New Chair

26/10/2018 - The OECD Committee on Financial Markets has confirmed the appointment of Aerdt Houben, Director of the Financial Markets Division at De Nederlandsche Bank, as its Chair.




financial

2018 Annual Meeting of the OECD CVM Centre on Financial Education and Literacy in Latin America and the Caribbean

12-13 November 2018, São Paulo, Brazil - A series of events addressing the most recent trends, opportunities and challenges in financial education will be co-hosted by the OECD and CVM Brazil.




financial

Conference on the Role of Financial Education and Consumer Protection in Supporting Financial Inclusion in Southeast Asia

26-27 November 2018, Vientiane, Lao People's Democratic Republic. The conference will provide a forum to discuss best practices on developing financial education and consumer protection in supporting financial inclusion in Lao P.D.R and other Southeast Asian countries.




financial

19th OECD-ADBI Tokyo Roundtable on Capital Market and Financial Reform in Asia

The Roundtable offers a forum for regulators, policy makers, experts, practitioners, scholars and international organisations in Asia. This year’s edition will focus on recent developments in capital markets, future capital markets facing the challenge of new financial technology and responsible, viable, and lifecycle infrastructure investments.




financial

Exchange rates, interest rates and other monthly monetary and financial statistics

Monthly monetary and financial statistics contains financial statistics on five separate subjects: monetary aggregates, interest rates, exchange rates, reserve assets, and share prices.




financial

Housing, financial and capital taxation policies to ensure robust growth in Sweden

Extensive structural reforms since the early 1990s have strengthened the resilience of the Swedish economy to shocks.




financial

Written Statement to the International Monetary and Financial Committee - April 2013

The OECD provides an update on global economy in this statement to the International Monetary and Financial Committee - April 2013.




financial

The effectiveness of monetary policy since the onset of the financial crisis

In the wake of the Great Recession, a massive monetary policy stimulus was provided in the main OECD economies. It helped to stabilise financial markets and avoid deflation. Nonetheless, GDP growth has been sluggish and in some countries lower than expected given the measures taken, and estimated economic slack remains large.




financial

OECD forecasts during and after the financial crisis: a post mortem

This note discusses OECD forecast performance over the period 2007 12. It focuses on the lessons that can be learned from cross-country differences in growth forecast errors and the changes to forecasting models and procedures that have been prompted by the experience of the crisis.




financial

The prudential regulation of financial institutions: why regulatory responses to the crisis might not prove sufficient

This paper surveys recent international developments concerning the prudential regulation of financial institutions: banks, the shadow banking system and insurance companies. It concludes that, while substantial progress has been made, the global economy nevertheless remains vulnerable to possible future financial instability.




financial

Macroprudential policy tools in Norway: strengthening financial system resilience

In Norway house prices have risen to high levels, associated with very strong credit growth, in a context of low interest rates. Such a combination was in many countries a contributory factor to the 2008-09 crisis.




financial

The effect of the global financial crisis on OECD potential output

This paper estimates potential output losses from the global financial crisis by comparing recent OECD published projections with a counter-factual assuming a continuation of pre-crisis productivity trends and a trend employment rate which is sensitive to demographic trends.




financial

Luxembourg must diversify its economy and maintain a strong and resilient financial sector

Luxembourg weathered the global economic crisis well, but must take additional steps to foster the diversification of the economy while ensuring the continuing health of its financial sector, according to the latest OECD Economic Survey of Luxembourg.




financial

What we've learned–and have still to learn–from the financial crisis*

Financial crises do more than impose huge costs: they have bigger and more insidious effects. We face big challenges in maintaining the supply of global public goods as the world integrates. But these challenges will not be managed successfully if we do not first overcome the legacy of the crisis.




financial

Financial sector must promote inclusive growth

Finance is a key ingredient of modern economies, but too much finance may hamper economic growth and worsen income inequality, according to new research from the OECD.




financial

Restoring the financial sector and corporate deleveraging in Slovenia

Excessive credit growth, poor risk assessment and lax lending standards in the run up to the 2008 global crisis led to unsustainable debt build-up in banks and related corporates.




financial

Enhancing the financing of the real economy and financial stability in the United Kingdom

The banking sector in the United Kingdom (UK) was deeply affected by the crisis. Bank credit has collapsed reflecting both weak demand and tighter supply. New prudential requirements have improved the resilience of the banking sector and a number of measures were taken to support credit supply.




financial

Canada is adjusting to the end of the commodities boom, but new policies are needed to boost productivity and reduce financial stability risks

The Canadian economy is adjusting to the fall in commodity prices, but additional policies are needed to boost productivity, reduce financial stability risks and make future growth stronger, greener and more inclusive, according to a new OECD report.




financial

The effects of reform scenarios for unemployment benefits and social assistance on financial incentives to work and poverty in Lithuania

In 2015 the Lithuanian government launched an ambitious Social Model reform agenda aimed at balancing flexibility of the labour market and security provided through the system of social protection.




financial

The effects of reform scenarios for unemployment benefits and social assistance on financial incentives to work and poverty in Lithuania

In 2015 the Lithuanian government launched an ambitious Social Model reform agenda aimed at balancing flexibility of the labour market and security provided through the system of social protection.




financial

OECD warns weak trade and financial distortions damage global growth prospects

Weak trade growth and financial distortions are exacerbating slow global economic growth, according to the OECD’s latest Interim Economic Outlook.




financial

The estimation of financial conditions indices for the major OECD countries

This paper seeks to provide up to date financial conditions indices for six countries, France, Germany, Italy, Japan, the United Kingdom and the United States, as well as the euro area, updating earlier results by the OECD.




financial

Can reforms promoting growth increase financial fragility? An empirical assessment

Certain growth-promoting policies can have negative side-effects by increasing the vulnerability of economies to financial crises. Typical examples are greater openness to financial flows or more liberalised financial markets.




financial

Can reforms promoting growth increase financial fragility? An empirical assessment

Certain growth-promoting policies can have negative side-effects by increasing the vulnerability of economies to financial crises. Typical examples are greater openness to financial flows or more liberalised financial markets.




financial

Strengthening economic resilience: What lessons to draw from the post-1970s record of severe recessions and financial crises

Major global crises such as the 2008-09 episode are mercifully rare, but severe recessions have been quite frequent among OECD countries over the past four decades.




financial

China: time to focus on financial risks and structural reform

As the Chinese economy matures to a slower but more sustainable growth path, policy efforts need to focus more on efficiency, stability and inclusiveness, according to a new OECD report.




financial

Enhancing financial stability amid slowing growth in China

Growth in China has been slowing gradually, but GDP per capita remains on course to almost double between 2010 and 2020. As a result, the Chinese economy will remain the major driver of global growth for the foreseeable future.




financial

Financial re-regulation since the global crisis? An index-based assessment

How has policy responded since the crisis: with re-regulation or continued liberalisation?




financial

Financial inclusion and women entrepreneurship: evidence from Mexico

Financial inclusion and women entrepreneurship concern policymakers because of their impact on job creation, economic growth and women empowerment.




financial

OECD Workshop on digital financial assets

Paris, 15-16 May 2018 - This workshop will focus on recent developments and main policy challenges related to the emergence of digital financial assets. Discussions will cover monetary policy and financial systems, regulation, firms’ business and funding models, and taxation.




financial

The deterioration of the public spending mix during the global financial crisis: Insights from new indicators

The analysis suggests that countries with a counter-cyclical fiscal stance typically have a public spending structure that is more supportive of inclusive growth.




financial

Rising financial integration amplifies the global impact of financial market shocks

Stronger cross-border economic and financial integration implies that macroeconomic shocks in one country are increasingly likely to spill over into other economies.




financial

Avoiding debt traps: financial backstops and structural reforms

In this paper we develop a simple analytical framework to analyze “good” and “bad equilibria” in public-debt and growth dynamics.




financial

Italy and the euro area crisis: securing fiscal sustainability and financial stability

Italy’s policy of fiscal consolidation and growth-friendly structural reforms has substantially improved its economic prospects, but the adverse sentiment that the country has faced in the sovereign bond market over the past years has deep roots.




financial

Illicit Financial Flows from Developing Countries: Measuring OECD Responses

Strengthening OECD firewalls can only do so much to combat a phenomenon which thrives on weak governance. This report highlights that donor agencies can support this goal through their central role in linking OECD and developing countries, and using their aid to support governments willing to tackle these issues.




financial

What we've learned–and have still to learn–from the financial crisis*

Financial crises do more than impose huge costs: they have bigger and more insidious effects. We face big challenges in maintaining the supply of global public goods as the world integrates. But these challenges will not be managed successfully if we do not first overcome the legacy of the crisis.




financial

Global growth warning: weak trade, financial distortions

The global economy remains in a low-growth trap. In our latest Interim Economic Outlook global GDP growth is set to remain flat around 3% in 2016 and improve modestly to 3.2% in 2017.




financial

New G20/OECD Principles of Corporate Governance will promote trust and improve functioning of financial markets

The G20/OECD Principles of Corporate Governance provide recommendations for national policymakers on shareholder rights, executive remuneration, financial disclosure, the behaviour of institutional investors and how stock markets should function.




financial

Corporate governance of financial groups

Companies today, in particular banks, insurance companies and other financial institutions, increasingly operate their businesses in a group structure. This working paper examines the corporate governance of these groups, paying particular attention to financial groups, and includes an international perspective on corporate and financial laws. It identifies good practices and regulatory considerations for group governance.




financial

Responsible business conduct in the financial sector

Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. Although the Guidelines’ due diligence recommendations can help financial institutions, the inherent complexities in the sector create challenges. This paper highlights key considerations for institutional investors in carrying out due diligence that will help to identify and respond to environmental and social risks.




financial

Increased international co-operation on financial and corporate issues essential to making globalisation work for all

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.




financial

Czech Republic Loans to Non-Financial Corporations

Loans to Private Sector in Czech Republic decreased to 1136944.80 CZK Million in February from 1140474.60 CZK Million in January of 2020. Loans to Private Sector in Czech Republic averaged 786497.16 CZK Million from 2002 until 2020, reaching an all time high of 1158624.20 CZK Million in November of 2019 and a record low of 425332.80 CZK Million in May of 2003. This page provides - Czech Republic Loans to Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.




financial

Qatar GDP From Financial and Insurance Activities

GDP From Services in Qatar increased to 16279 QAR Million in the fourth quarter of 2019 from 15086 QAR Million in the third quarter of 2019. GDP From Services in Qatar averaged 11667.31 QAR Million from 2011 until 2019, reaching an all time high of 16279 QAR Million in the fourth quarter of 2019 and a record low of 7209 QAR Million in the fourth quarter of 2011. This page provides - Qatar Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.




financial

European Union Consumer Confidence Financial Expectations

Consumer Confidence Financial Expectations in European Union decreased to 0.20 in June from 0.50 in May of 2017. Consumer Confidence Financial Expectations in European Union averaged -1.89 from 1985 until 2017, reaching an all time high of 5.40 in April of 2001 and a record low of -12.60 in July of 2008. This page includes a chart with historical data for European Union Consumer Confidence Financial Expectations.




financial

Spain Bank Rate on Loans to Non Financial Corporations

Bank Lending Rate in Spain decreased to 0.88 percent in March from 1.09 percent in February of 2020. Bank Lending Rate in Spain averaged 2.99 percent from 2003 until 2020, reaching an all time high of 6.29 percent in May of 2008 and a record low of 0.71 percent in January of 2020. In Spain, the bank lending rate is the average rate of interest charged on 1 to 5 year loans by commercial banks to non financial corporations. This page provides - Spain Bank Rate on Loans to Non Financial Corporations - actual values, historical data, forecast, chart, statistics, economic calendar and news.