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Active policies needed for a competitive and sustainable tourism sector

The tourism industry in OECD countries continues to grow strongly despite economic weakness in advanced economies, and outperformed tourism globally in 2014. However, active, innovative and integrated policies are needed to ensure that tourism remains a competitive and sustainable sector, says OECD.




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Lending to SMEs and entrepreneurs is improving, but more diverse forms of financing are needed

Financing for small and medium-sized enterprises (SMEs) has turned the corner from the downswing seen during the global financial crisis, but overall credit conditions remain challenging and access to external finance continues to be much tighter for SMEs than larger firms, according to a new OECD report.




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Outcomes from the High-Level Symposium on Excess Capacity and Structural Adjustment in the Steel Sector

A High-Level Meeting on excess capacity and structural adjustment in the steel sector was convened on 18 April 2016, at the Palais d’Egmont in Brussels, co-organised by the OECD and the Belgian government.




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Global trade in fake goods worth nearly half a trillion dollars a year - OECD & EUIPO

Imports of counterfeit and pirated goods are worth nearly half a trillion dollars a year, or around 2.5% of global imports, with US, Italian and French brands the hardest hit and many of the proceeds going to organised crime, according to a new report by the OECD and the EU’s Intellectual Property Office.




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The economic empowerment of women for more productive and inclusive societies

This year’s OECD Ministerial Council Meeting (MCM), chaired by Chile, is devoted to productivity. Ministers will discuss what governments, firms and individuals can do to improve productivity with the aim of fostering inclusive growth.




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The MNE Guidelines at 40: Implementation still matters

Four decades after their adoption, the OECD’s Guidelines for Multinational Enterprises have never been more relevant to ensuring that businesses behave responsibly, wherever they operate.




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How to implement Social Impact Bonds (SIB) in Poland?

The purpose of the seminar is to provide the practical information about how to implement SIBs in Poland using international experiences. The seminar is addressed to the potential applicants interested in the implementation of SIB within the call for proposals planned to be launched by the Ministry of Economic Development.




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Empowering the 40% of young Latin Americans not in formal jobs, education or training could spark new growth engines, says latest Latin American Economic Outlook

Latin America and the Caribbean’s (LAC) GDP will shrink by between 0.9% and 1% in 2016, according to the latest estimates, the second consecutive year of negative growth and a rate of contraction the region has not seen since the early 1980s. According to the Latin American Economic Outlook 2017, the region should recover in 2017, but with modest GDP growth of between 1.5% and 2%, below expected growth in advanced economies.




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Boosting competition will help Greece’s consumers and businesses

Lifting many of the regulations stifling business competition in Greece would benefit both consumers, through lower prices, and firms, via higher turnover, according to the OECD.




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Lower public R&D spending and protectionist risks may pose a threat to innovation

A decline in government funding of science and technology research in a number of countries could pose a threat to innovation at a time when global challenges like climate change and ageing populations demand solutions, according to a new OECD report.




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Lending volumes and credit conditions are improving for SMEs, but many firms continue to struggle to obtain financing that meets their needs

Lending volumes and credit conditions for small and medium-sized enterprises (SMEs) have gradually improved, according to a new report from the OECD, but demand-side obstacles such as a lack of financial knowledge are contributing to holding back a stronger recovery.




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Improving adult skills can help countries benefit from globalisation

In an increasingly competitive international environment, providing workers with the right mix of skills can help ensure that globalisation translates into new jobs and productivity gains rather than negative economic and social outcomes, according to a new OECD report.




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Low productivity jobs driving employment growth in many OECD countries

Weak labour productivity growth continues to mark the world’s advanced economies and risks compromising improvements in living standards, says a new OECD report.




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Low productivity jobs continue to drive employment growth

Employment is rising in OECD countries but most jobs continue to be created in relatively low-productivity, low-wage activities, says a new OECD report.




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World Corporate Top R&D Investors: Shaping the future of technologies and AI

This report brings together data on patents, trademarks and scientific publications of the world’s top corporate R&D investors to shed light on the role of these key players in shaping the future of technologies, artificial intelligence in particular.




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FDI Qualities Indicators: Measuring the sustainable development impacts of investment (PDF)

This report presents a new set of indicators that measure the sustainable development impacts of foreign direct investment (FDI) in host countries. The new metrics focus on five clusters derived from the 17 Sustainable Development Goals (SDGs): productivity and innovation; employment and job quality; skills; gender equality; and, the carbon footprint.




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Measuring employment in global value chains

This paper describes the sources and methods used to produce the indicators in the OECD Trade in Employment database. These indicators were developed, as a complement to Trade in Value Added (TiVA) indicators, to provide broad insights into the impact of global value chains on labour markets.




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Covid-19 crisis underscores need to address trade in fake pharmaceuticals, say OECD & EUIPO

Recent seizures of fake medical supplies being marketed as protection against Covid-19 underscore the need to address a growing international trade in counterfeit pharmaceuticals that is costing billions of euros a year and putting lives at risk, according to the OECD and the EU’s Intellectual Property Office.




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OECD Employment Outlook 2014 - Key findings for Hungary

Hungary was hit harder by the global crisis than most OECD countries. Unemployment reached record levels at the peak of the crisis but has since recovered to its pre-crisis level around the current OECD average of 8%.




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Consumption Tax Trends: Key findings for Hungary

The Hungarian standard VAT rate is 27.0%, which is above the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. The previous standard VAT rate in Hungary was 25% in 2011. It changed to the current level in 2012. Hungary applies reduced VAT rates of 5% and 18% to a number of goods and services.




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Hungary must enforce its foreign bribery offence against companies, including foreign subsidiaries

The Working Group is concerned that Hungary has not commenced any foreign bribery investigations or prosecutions in over nine years since the Phase 3 evaluation of implementation of the OECD Anti-Bribery Convention.




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Iceland’s Inter-Ministerial Steering Group Must Make Prompt Progress in Fighting Foreign Bribery

The OECD Working Group on Bribery has serious concerns about Iceland’s lack of progress in combatting the bribery of foreign public officials, and to implement the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.




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OECD Employment Outlook 2015 - Key findings for Iceland

Labour market conditions in Iceland further improved during the last year. In March 2015 the harmonised unemployment rate stood at 4.2% of the labour force, 1 percentage point lower than a year earlier.




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Consumption Tax Trends: Key findings for Iceland

The Icelandic standard VAT rate is 24.0%, which is above the OECD average. The average VAT/GST¹ standard rate in the OECD was 19.3% as of 1 January 2019. The previous standard VAT rate in Iceland was 25.5% in 2014. It changed to the current level in 2015. Iceland applies reduced VAT rates of 0% and 11% to a number of goods and services.




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Improving Italy’s capital market will boost growth opportunities for Italian companies and savers

Italy’s structural reforms of recent years have improved the financial health of the corporate sector and contributed to a gradual economic recovery. However, the Italian economy still lags other large European economies. Improving the way capital markets function would help drive investment in the real economy, creating jobs and boosting productivity, according to a new OECD report.




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Fixed and Mobile Networks: Substitution, Complementarity and Convergence (OECD Digital Economy Paper 206)

Mobile providers have garnered a very large share of traditional services, such as telephony, over the past decade. Nevertheless, mobile networks are dependent on fixed networks and could not efficiently meet the rapidly expanding demand of users without the contributions made by fixed broadband networks.




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Improving the Evidence Base for Information Security and Privacy Policies: Understanding the Opportunities and Challenges related to Measuring Information Security, Privacy and the Protection of Children Online

This report provides an overview of existing data and statistics in the fields of information security, privacy and the protection of children online. It highlights the potential for the development of better indicators in these respective fields showing in particular that there is an underexploited wealth of empirical data that, if mined and made comparable, will enrich the current evidence base for policy making.




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OECD Insights: Stimulating competition through open access networks

Even though the term “open access” is widely used in policy discussions surrounding broadband networks, there is little universal agreement as to what it means. A new OECD report helps to shed some light on this important concept by examining how and why open access policies have been implemented in communication markets around the world.




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Protecting and Empowering Consumers in the Purchase of Digital Content Products

While consumer demand for digital goods has increased rapidly in recent years, a range of challenges undermine confidence in the market and require policy attention.




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More competition essential for future of mobile innovation, says OECD

OECD countries must ensure mobile markets remain open and competitive in order to sustain innovation and meet rising demand for data services, according to a new OECD report.




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Colombia telecoms regulator needs more power to increase competition, says OECD

Colombia has done much to strengthen the rules governing its telecommunication sector, but it must give its regulator more power to enforce them in order to increase competition, particularly in the highly concentrated mobile market, according to a new OECD report.




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Cloud Computing: The Concept, Impacts and the Role of Government Policy

Cloud computing has become a platform for innovation. This paper looks at how the cloud changes the way computing is carried out, and evaluates the benefits, challenges and economic and environmental impacts. It discusses the policy issues raised and the role of governments and other stakeholders in addressing them.




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The Proliferation of "Big Data" and Implications for Official Statistics and Statistical Agencies: A Preliminary Analysis

This working paper describes the potential of the proliferation of new sources of large volumes of data, sometimes also referred to as "big data", for informing policy making in several areas. It also outlines the challenges that the proliferation of data raises for the production of official statistics and for statistical policies.




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OECD’s Gurría welcomes call for ‘Social Compact for Digital Privacy and Security’ as critical first step for trust and economic prosperity

On the occasion of the Global Conference on Cyberspace meeting today in The Hague, the Global Commission on Internet Governance (GCIG) issued a statement calling on ‘the global community to build a new social compact between citizens and their elected representatives, the judiciary, law enforcement and intelligence agencies, business, civil society and the Internet technical community..




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OECD Toolkit aims to spur high-speed Internet use in Latin America & the Caribbean

Internet access and use is growing in Latin America and the Caribbean (LAC), but the region needs to move faster in adding broadband infrastructure, expanding access and services and equipping people with the right skills for firms and households to fully benefit, according to a new OECD report.




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G20/OECD Compendium of good practices on the use of open data for Anti-corruption

This compendium of good practices was prepared by the OECD at the request of the G20 Anti-corruption Working Group (ACWG), to raise awareness of the benefits of the digital transformation in the public sector, including governance, productivity, economic development and social innovation.




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Empowering women in the digital age: Where do we stand?

New digital tools are empowering, and can serve to support a new source of inclusive global economic growth. Now is the time to take use the digital transformation to ensure it represents a leapfrog opportunity for women and a chance to build a more inclusive digital world. This brochure represents a preliminary effort by the OECD, working with the G20, to broaden the evidence base.




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Economic stagnation compounds demographic pressure on pension systems, says OECD

Low growth, low interest rates and low returns on investment linked to the slow global economy are now compounding the problems of population ageing for both public and private pension systems, according to a new OECD report.




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OECD, IOPS and World Bank join forces to improve private pension statistics

28 April 2016, Paris - OECD, IOPS and the World Bank are joining forces to expand the reach of the OECD’s Global Pension Statistics database and annual Pensions Markets in Focus report. This collaboration with the World Bank will help bring data from emerging and developing economies that are not currently included in the database.




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OECD/INFE International Survey of Adult Financial Literacy Competencies

This report contains the results of an international data collection survey that measured the financial literacy and financial inclusion of adults. A total of 51,650 adults aged 18 to 79 from 30 countries and economies participated in the survey.




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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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5th Global Policy Research Symposium to Advance Financial Literacy

18 May 2018, Paris, France: The 2018 symposium focused on the relationship between financial education policies and broad economic, financial and social outcomes, including its role in supporting sustainable and inclusive growth.




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Improvements to pension systems have made them better placed to deliver pensions

Improvements in the design of pension systems over the last decade in OECD countries have made them more financially sustainable and governments should now focus on ensuring they provide people with an adequate retirement income, according to a new OECD report.




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Estonia: use robust growth to improve income equality and well-being

Estonia’s economy is performing well, and public finances are in excellent shape, yet growth is softening and spending pressures from infrastructure needs and an ageing population are mounting. Efforts should now focus on improving income equality and well-being, greening growth and accelerating the country’s digital transformation, according to a new OECD report.




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Entrepreneurship and Employment Creation of Immigrants

Greater knowledge of migrant entrepreneurship is essential if policy makers are to better support migrant enterprises and their role in economic growth and job creation.




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OECD-Survey: Labour Migration rarely used by German employers

OECD-Survey: Labour Migration rarely used by German employers




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OECD work on Employment, Social Protection and International Migration

An overview of OECD work on Employment, Social Protection and International Migration.




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Migration picking up but rising unemployment hurting immigrants

Migration has started to pick up again, driven largely by people moving within the European Union, after three years of continuous decline during the crisis. But the employment prospects for immigrants have worsened, with around one in two unemployed immigrants in Europe still looking for work after more than 12 months, according to a new OECD report.




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OECD contribution to the UN High-level Dialogue on Migration & Development: World Migration in Figures

A joint contribution by UN-DESA and the OECD to the United Nations High-Level Dialogue on Migration and Development, 3-4 October 2013




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Labour migration, skills & student mobility in Asia

This report is a summary of the major policy issues raised at discussions among experts and practitioners from various international organizations and several Asian countries at the “Third Roundtable on Labor Migration: Assessing Labor Market Requirements for Foreign Workers and Policies for Regional Skills Mobility.”