Korea tops a new OECD PISA survey that tests how 15-year olds use computers and the Internet to learn. The next best performers were New Zealand, Australia, Japan, Hong-Kong China and Iceland.

Austria should eliminate subsidies which encourage early retirement and target social transfers more effectively, according to the OECD’s latest economic survey.

This report summarises the legal and regulatory framework for transparency and exchange of information for tax purposes in Austria.

Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.

Austria has a higher share of immigrants in the total working-age population than many other OECD countries. At the same time, the framework for integration policy is less developed than in a number of other OECD countries. These are among the main findings of this review.

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

This publication reviews the labour market integration of immigrants and their children in three OECD countries (Austria, Norway and Switzerland) and provides country-specific recommendations. It also includes a summary chapter highlighting common challenges and policy responses. It is the third and last in a series which has covered eleven OECD countries.

The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking up, with one case being tried, two more cases soon to be tried, and four ongoing investigations.

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.

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.

This publication analyses the reform and the Austrian labour migration management system in international comparison.

Going for Growth 2015: Key findings for Austria

Water resources allocation determines who is able to use water resources, how, when and where. Capturing information from 27 OECD countries and key partner economies, the report presents key findings from the OECD Survey of Water Resources Allocation and case studies of successful allocation reform.

Austria needs to do more to help people with mental health problems find a job or stay in the workplace, according to a new OECD report. A more comprehensive approach would help employees and firms alike: mental health issues are estimated to cost the Austrian economy around 3.6% of GDP every year in lost productivity, health care and out-of-work benefits.

The number of young people not in employment, education or training (NEETs) remains elevated in many countries since the crisis. This country note examines the characteristics of those at risk of being NEET in Austria along with policies to help meet the challenge. It also includes many new youth-specific indicators on family formation, self-sufficiency, income and poverty, health and social cohesion.

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.

The Co-operative Research Programme (CRP)'s Call for Applications for conference sponsorship and research fellowships for funding in 2019 is now CLOSED. The CRP supports work on sustainable use of natural resources in agriculture, forests, fisheries and food production.

The digital revolution, globalisation and demographic changes are transforming labour markets at a time when policy makers are also struggling with slow productivity and wage growth and high levels of income inequality. The new OECD Jobs Strategy provides a comprehensive framework and policy recommendations to help countries address these challenges.

This country fact-sheet presents key figures from "Under Pressure: The Squeezed Middle Class". This report analyses the trends of middle-income households in areas such as employment, consumption, wealth and debt, as well as perceptions and social attitudes. It also includes recommendations for protecting middle-class living standards and financial security in the face of economic challenges.

Austria stands out for its high levels of economic and social well-being. Preserving these will require reforms to improve competition in the service sector, increase access to risk capital for firms of all sizes, encourage more women and migrants into the workforce and lengthen work lives to reflect the ageing population, according to a new OECD report.

This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.

The tax wedge for the average single worker in Austria increased by 0.3 percentage points from 47.6 in 2018 to 47.9 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Austria had the 4th highest tax wedge among the 36 OECD member countries, occupying the same position in 2018.

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.

The benchmark interest rate in Uruguay was last recorded at 14.30 percent. Interest Rate in Uruguay averaged 26.78 percent from 1998 until 2019, reaching an all time high of 173.90 percent in October of 2002 and a record low of 9.30 percent in July of 2007. The Central Bank of Uruguay abandoned the use of a single benchmark interest rate in 2013 to fight inflation and instead it started using money supply variables to guide policy. This page provides - Uruguay Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in the United Kingdom decreased to -2325 GBP Million in March from -65 GBP Million in February of 2020. Government Debt in the United Kingdom averaged -4293.61 GBP Million from 1993 until 2020, reaching an all time high of 12509 GBP Million in January of 2019 and a record low of -21052 GBP Million in April of 2012. In the United Kingdom, net borrowing or net lending is the difference between the net acquisition of financial assets and the net incurrence of liabilities. This page provides the latest reported value for - United Kingdom Public Sector Net Borrowing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

G20 finance ministers have agreed new principles on financial consumer protection developed by the OECD. “Without consumer trust and confidence we could jeopardise the basis for global economic recovery and growth,” said OECD Secretary-General Angel Gurría.

OECD governments are facing unprecedented challenges in the markets for government securities as a result of continued strong borrowing amid a highly uncertain environment with growing concerns about the pace of recovery, surging borrowing costs, sovereign risk and contagion pressures. The fourth OECD Sovereign Borrowing Outlook provides estimates for 2011 and projections for 2012. Higher than anticipated gross borrowing needs of

This seminar aimed to advance shared understandings on policies to make the most of cross-border capital flows in support of growth and development and on the value of international co-operation, including the OECD Codes of Liberalisation, in the current context of serious global financial turbulence.

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.

G20 Finance Ministers have welcomed a new OECD/G20 framework designed to help governments develop financial strategies for disaster risk management.

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 in Nairobi, Kenya, addressed specific issues relating to financial literacy in Africa and the MENA region. It presented the output of the Russia/OECD/World Bank Trust Fund on Financial Literacy and Education.

The gross borrowing needs of OECD governments are projected to increase slightly to around USD 10.9 trillion in 2013, up from the already high level of USD 10.8 trillion in 2012, according to a new OECD report.

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.

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 management of operational risk is at the heart of efficient government, but countries often fail to apply good or even routine operational risk management practices and have difficulty in understanding how to put the processes in place. This paper sets out a widely-applicable and relevant policy approach and management framework and illustrates its practical application in Turkey.

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

This statement by Adrian Blundell-Wignall and Paul Atkinson was presented to the German Bundestag's Finance Committee Hearing on the Draft Bank-Separation Law (Drucksache 17/12601) on 22 April 2013.

This conference in Moscow explored strategies for developing financial literacy and capability and building effective consumer protection systems.

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.

Both women and men need to be sufficiently financially literate to effectively participate in economic activities and to take appropriate financial decisions for themselves and their families, but women often have less financial knowledge and lower access to formal financial products than men. Women therefore have specific and additional financial literacy needs.

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.

Jointly developed by the IMF, World Bank, EBRD, and the OECD, this report analyses the main elements necessary to deepen domestic bond markets in emerging and developing economies.

This book addresses gender differences in financial literacy and reviews policy responses and initiatives across the world to tackle women’s and girls’ needs, drawing lessons from existing experiences.

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 2013 Forum was held on 5-6 December and discussed how governments can improve their investment policy framework to reduce the risk and attract long-term private finance in support of green growth.

This article presents a brief overview of current financing difficulties for SMEs and policy measures to support SME lending during the crisis, and presents a literature review related to difficulties in SME’s access to finance during the crisis, against a background of a sharp decline in bank profitability and an erosion of bank capital that negatively affected lending.

This article provides a framework for analysing the character and degree of ownership engagement by institutional investors. There are large differences in ownership engagement between different categories of institutional investors. There are also differences in ownership engagement within the same category of institutional investors such as hedge funds, investment funds, etc.