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Spain’s public sector reform plans on the right track, says OECD report

Spain’s planned public sector reforms should help make the country’s institutions stronger and more effective, and proposals to increase transparency and root out corruption will do much to restore public trust, according to a new OECD report.




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Local public finances and municipal reform in Finland

Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social services.




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Seminar - Re-visiting whistleblower protection: From commitments to effective protection

Whistleblowing is an essential element for safeguarding the public interest and for promoting a culture of public accountability and integrity. The majority of OECD countries have recently passed legislation protecting whistleblowers and yet, despite being high on the agenda, successful whistleblowing stories are rare.




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Emerging Asia to see healthy medium-term growth but institutional reforms will be critical for future, says the OECD Development Centre

While the outlook for many OECD countries remains subdued, Emerging Asia is set for healthy growth over the medium term. Annual GDP growth for the ASEAN -10, China and India is forecast to average 6.5% over 2015-19. Growth momentum remains robust in the 10 ASEAN countries, with economic growth averaging 5.6% over 2015-19.




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Why reform is the right option

“Life is full of alternatives but no choice.” G20 leaders at the summit in Brisbane, Australia, in November should reflect on these words by Australian writer Patrick White, a Nobel Laureate, as they prepare their economic strategies for the years to come.




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Supporting regulatory reform in Malaysia

The OECD is supporting Malaysia to implement regulatory reforms supporting the country’s economic, social and environmental goals, as well as regional and global competitiveness.




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Efficiency and contestability in the Colombian banking system

Despite progress in the past decade, financial markets in Colombia remain relatively small and shallow. In particular the banking system suffers high intermediation costs, which limit constrains access to finance by households and firms.




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Reforming the tax on immovable property: taking care of the unloved

The tax on immovable property recently started to regain its former significance, but the tax yield still remains low, with slightly more than 1% of GDP and wide variation across countries.




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Reforming the Slovak public sector

Improving public sector efficiency can help to meet two conflicting objectives: ensuring fiscal consolidation and maintaining room for growth-friendly spending.




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Making Colombia’s tax policy more efficient, fair and green

Colombia needs a comprehensive tax reform that boosts revenues and shifts the tax burden to support more inclusive and green growth. Tax loopholes and exemptions that reduce the tax base and favour mainly the rich should be reduced significantly.




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More effort needed on government integrity to help restore public trust

Countries need to do more to identify and reduce conflicts of interest and other breaches of integrity to help win back trust in national governments, which surveys suggest remains below pre-crisis levels, according to a new OECD report.




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Improving public sector efficiency for more inclusive growth in Latvia

This working paper explores avenues to improve public sector efficiency in Latvia, a catching-up and ageing economy where spending needs are large.




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Healthcare costs unsustainable in advanced economies without reform

Healthcare costs are rising so fast in advanced economies that they will become unaffordable by mid-century without reforms, according to a new OECD report.




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Effective regulation is a lever for inclusive growth

Governments should do more to improve the design and delivery of new laws, as even small efforts to fix regulatory shortcomings can have a tangible positive impact on economic activity and well-being, according to a new OECD report.




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Brazil Policy Brief: Improving the Effectiveness of Public Spending

Brazil has made significant progress in building a reputation for sound fiscal policy since it passed the Fiscal Responsibility Law in 2000. In recent years, however, the fiscal situation has become more difficult as public spending and gross debt have risen.




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Further reforms needed to tackle growing risk of pensioner poverty

Recent reforms have made pension systems more financially sustainable and pensioners have higher living standards than ever before. But future generations are likely to find their pension entitlements much less generous than today’s and many may face a serious risk of pensioner poverty, according to a new OECD report.




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Searching for the inclusive growth tax grail: the distributional impact of growth enhancing tax reform in Ireland

TThe economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix.




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Public spending efficiency in the OECD: benchmarking health care, education and general administration

This paper uses data envelopment analysis (DEA) to assess the efficiency of welfare spending in a sample of OECD countries around 2012, focussing on health care, secondary education and general public services.




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Raising public spending efficiency in Switzerland

Despite having low government spending, Switzerland scores highly in various public policy outcomes, including health, education and transportation. But, as the population grows and ages, efficiency of public spending will have to rise to maintain low tax rates.




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Japan will need reforms to ease economic blow of a shrinking workforce

Japan must make revitalising growth its number one priority with reforms to boost productivity and encourage more women and older people into jobs to compensate for its rapidly shrinking labour force, according to the OECD.




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Improvements in Chile’s regulatory policy would bring major benefits to the‎ economy and society

Chile has improved its regulatory policy in recent years, but could see benefits from further measures and a comprehensive effort to improve the way it prepares and issues new laws and regulations, according to a new OECD report.




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MENA countries need structural reforms to spur trade, investment, jobs and trust

Middle Eastern and North African countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD told ministers from the region today.




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Mejorar la coordinación entre los distintos niveles de gobierno en Colombia permitirá a una inversión pública más eficiente

La inversión pública en Colombia ha aumentado sustancialmente en los últimos años hasta alcanzar casi el 4% del PIB, una cifra superior a la media OCDE de 3.2%. Sin embargo, según indica un nuevo informe de la OCDE, para hacer frente a la brecha en infraestructuras y para superar las desigualdades territoriales será necesario que el país mantenga y amplíe sus esfuerzos en materia de inversión.




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OECD study signals the importance of collective efforts by international organisations to improve global standard setting

The role of international organisations (IOs) is critical in the development of rules and standards that can help advance the well-being of citizens in an increasingly globalised world.




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

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




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The positive effect of public investment on potential growth

An estimated baseline convergence model capturing the long-term effect of human capital and physical investment on potential output for a panel of OECD countries is augmented with public investment and its components.




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

This paper provides evidence on the effects of the size and the composition of public spending on long-term growth and inequality.




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Deploy effective fiscal initiatives and promote inclusive trade policies to escape from the low-growth trap

For the last five years the global economy has been in a low-growth trap, with growth disappointingly low and stuck at around 3 per cent per year. Persistent growth shortfalls have weighed on future output expectations and thereby reduced current spending and potential output gains.




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Enhancing public sector efficiency and effectiveness in the Czech Republic

Spending on public administration itself is relatively low and so are indicators of its performance.




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Enhancing public sector efficiency and effectiveness in the Czech Republic

Spending on public administration itself is relatively low and so are indicators of its performance.




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Towards Gender Equality before the Law

Towards Gender Equality before the Law




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Forum on competition and regulation: In pursuit of market efficiency

Forum on competition and regulation: In pursuit of market efficiency




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Improving the allocation and efficiency of public spending in Indonesia

Indonesia's fiscal position is generally sound and policy making prudent. However, the country still faces important challenges in terms of economic and social development.




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Public-Private Partnerships Reference Guide - Version 3

The third version of the Public-Private Partnerships (PPP) Reference Guide provides the most relevant examples, references and resources to help readers inform themselves on key PPP topics.




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Designing effective independent fiscal institutions (IFIs)

Independent fiscal institutions (IFIs) serve to promote sound fiscal policy and sustainable public finances. This report outlines good practices for their effective design and operation.




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OECD Assessment of Ireland’s second Public Service Reform Plan (2014 - 2016)

The OECD was invited to assess key elements of the Second Irish Public Service Reform Plan (PSRP 2014-2016), with a view to informing future public service reform efforts in Ireland.




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OECD calls for reform of governance of state-owned firms in the Middle East and North Africa

Middle Eastern and North African countries should reform the governance of their state-owned enterprises to bring about greater public accountability and improve their efficiency, according to a new OECD report.




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State-Owned Enterprises - Trade Effects and Policy Implications

With growing integration via trade and investment, state-owned enterprises (SOEs) that have traditionally been oriented towards domestic markets increasingly compete with private firms in the global market place. This paper discusses the extent of state ownership in the global economy, the advantages and disadvantages that SOEs can face, and how potential SOE advantages can generate cross-border effects.




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Disclosure of Beneficial Ownership and Control in Indonesia

Legislative and regulatory policy options for sustainable capital markets - A good corporate governance framework should combine transparency, accountability and integrity and this requires knowledge of beneficial ownership. This report assesses the costs, benefits and practicalities of different approaches, suggesting policy options to better identify ultimate beneficial ownership in Indonesia.




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Recommendation of the OECD Council on Effective Public Investment Across Levels of Government

Recommendation of the OECD Council on Effective Public Investment Across Levels of Government




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Investment Treaties and Shareholder Claims for Reflective Loss: Insights from Advanced Systems of Corporate Law, International Investment Working Paper 2014/2

This paper examines shareholder claims for reflective loss under investment treaties in light of comparative analysis of advanced systems of corporate law; considers the impact of allowing shareholder claims for reflective loss on key characteristics of the business corporation; and explores possible responses by different categories of investors to the availability of shareholder claims for reflective loss under investment treaties.




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Business brief: Towards renewal in our business culture

Brazil is steadily investing in the creation of rules and regulations to converge to governance standards already consolidated in developed countries. Complying with these international standards is indispensable if Brazilian companies intend to operate on a global scale.




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Treaty shopping and tools for investment treaty reform

Paris, 12 March 2018 - The fourth annual OECD Investment Treaty Conference addressed treaty shopping -- a controversial investment treaty issue of policy interest for many governments and stakeholders -- and explored tools to help interested governments improve their investment treaty policies.




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Countries commit to step up efforts to drive more responsible business conduct through new OECD instrument

Ministers from OECD and developing economies have committed to step up their efforts to promote responsible business conduct by companies in order to drive more inclusive and sustainable economic growth.




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Brazil Exports of Refined Sugar Cane

Exports of Mfc Prds - Refined Sugar Cane in Brazil increased to 73 USD Million in April from 71.32 USD Million in March of 2020. Exports of Mfc Prds - Refined Sugar Cane in Brazil averaged 110.08 USD Million from 1989 until 2020, reaching an all time high of 515.78 USD Million in July of 2011 and a record low of 0.51 USD Million in July of 1991. This page includes a chart with historical data for Brazil Exports of : Mfc Prds - Refined Sugar Cane.




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Brazil Exports (Fob): Unmanufactured & Refuse Tobacco

Exports (Fob): Primary Prds - Unmanufactured & Refuse Tobacco in Brazil increased to 3637.20 USD Million in April from 115.76 USD Million in March of 2020. Exports (Fob): Primary Prds - Unmanufactured & Ref in Brazil averaged 142.16 USD Million from 1989 until 2020, reaching an all time high of 3637.20 USD Million in April of 2020 and a record low of 3.97 USD Million in February of 1992. This page includes a chart with historical data for Brazil Exports of : Primary Prds - Unmanufactured &.




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Germany Exports of Coke Refined Petroleum

Exports of Coke, Refined Petroleum in Germany decreased to 1054938 EUR THO in February from 1070574 EUR THO in January of 2020. Exports of Coke, Refined Petroleum in Germany averaged 983376.94 EUR THO from 2000 until 2020, reaching an all time high of 2012245 EUR THO in July of 2008 and a record low of 299836 EUR THO in December of 2001. This page includes a chart with historical data for Germany Exports of Coke, Refined Petroleum.




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Germany Imports of Coke Refined Petroleum

Imports of Coke, Refined Petroleum in Germany decreased to 1530383 EUR THO in February from 1826492 EUR THO in January of 2020. Imports of Coke, Refined Petroleum in Germany averaged 1622274.97 EUR THO from 2000 until 2020, reaching an all time high of 2902669 EUR THO in April of 2013 and a record low of 543399 EUR THO in September of 2003. This page includes a chart with historical data for Germany Imports of Coke, Refined Petroleum.




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Ireland Jobseekers Benefit Claims

Initial Jobless Claims in Ireland increased to 58000 Persons in April from 53992 Persons in March of 2020. Initial Jobless Claims in Ireland averaged 65049.41 Persons from 1967 until 2020, reaching an all time high of 196988 Persons in July of 2009 and a record low of 20203 Persons in September of 1967. This page provides - Ireland Jobseekers Benefit Claims- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Qatar GDP Deflator

GDP Deflator in Qatar increased to 75.10 Index Points in 2017 from 69.40 Index Points in 2016. GDP Deflator in Qatar averaged 102.23 Index Points from 2011 until 2017, reaching an all time high of 207.50 Index Points in 2012 and a record low of 69.40 Index Points in 2016. This page provides - Qatar GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.