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OECD holds regional meeting of the Inclusive Framework on BEPS for the Asia-Pacific region

Fifty delegates from sixteen countries, four international organisations, business and civil society gathered in Manila for the first regional meeting of the Inclusive Framework on Base Erosion and Profit shifting (BEPS) in the Asia-Pacific region after the launch of the Inclusive Framework in Kyoto on 30 June-1st July 2016.




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OECD holds regional meeting of the Inclusive Framework on BEPS for the Eastern Europe and Central Asia region

More than 60 delegates from 14 countries gathered in Vilnius for the first regional meeting of the Inclusive Framework on BEPS in the region. This meeting was the last of a series of regional events in 2016 intended to offer countries in different regions of the world the opportunity to feed their views and provide their input into the Inclusive Framework on BEPS.




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OECD, CREDAF and UNDP hold a regional meeting of the Inclusive Framework on BEPS for French speaking countries

Fifty delegates representing 10 countries gathered in Cotonou (Benin) on 3-5 July 2017 for the second regional meeting of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) for French speaking countries. These regional meetings offer participants from around the world the opportunity to provide their views and input to the Inclusive Framework on BEPS.




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OECD and SAT hold joint workshop on the experience of country-by-country reporting of tax information

Tax officials from 21 jurisdictions met this week in Yangzhou, China, to share experiences from the first year of country-by-country reporting and explore how information can be used most effectively in the tax risk assessment of MNE groups. The workshop also included representatives of large MNE groups headquartered or with major operations in China and the Asia-Pacific region.




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Tax officials and stakeholders from Asia-Pacific meet in the Philippines to discuss proposals to address the tax challenges of the digitalisation of the economy

A regional meeting on tax and digitalisation for Asia and the Pacific , co-hosted by the Asian Development Bank (ADB) in collaboration with the Organisation for Economic Co-operation and Development (OECD), took place in Manila, the Philippines on 19-20 November 2019.




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Tax and fiscal policy should continue to support households and businesses through containment, then shift to bolstering recovery

Tax and fiscal policy responses are playing a critical role in limiting the hardship caused by containment measures, and should continue to do so as governments seek to support households and businesses, protect employment and pursue economic recovery from the global pandemic, according to new OECD analysis.




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Holding business to account

The promotion of responsible business conduct has taken an important step forward with the launch of a new reporting framework. Businesses now have no excuse for not explaining how they’re meeting their human rights obligations.




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Public consultation on the OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector

This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.




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Colombia needs to address major loopholes to hold companies liable for foreign bribery

Colombia needs to improve its capacity to investigate foreign bribery by establishing an effective corporate liability regime, improving coordination between its numerous agencies and more rigorously training law enforcement, according to a new report by the OECD Working Group on Bribery.




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Holding companies, not just individuals, responsible for corporate crime

Brandon L. Garrett is the Justice Thurgood Marshall Distinguished Professor of Law at the University of Virginia School of Law and author of Convicting the Innocent (2011) and Too Big to Jail (2014). These comments on corporate criminal liability are a contribution to a public consultation conducted by the OECD Working Group on Bribery.




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What’s holding back investment and innovation in renewable energy?

There is no shortage of capital available globally to finance renewable-energy projects. The financial sector encompasses more than €100 trillion of assets. So how is it that investment in renewable energy is not flowing faster? This article by OECD policy analyst Geraldine Ang proposes responses to the trillion-dollar question.




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Consultation with stakeholders on the Anti-Bribery Convention

This consultation with the private sector and civil society will focus on topics suggested by the stakeholders themselves as well as the WGB's new cross-country project on settlement arrangements.




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Stakeholder engagement due diligence in extractive industries

When companies involve stakeholders, such as local communities, in their decision making, it enables them to identify, and account for the impacts of their activities, and contribute to positive social and economic development. To address the challenges raised when engaging with stakeholders, the OECD is preparing a user guide on how to undertake due diligence in engaging with stakeholders for mining, oil and gas enterprises.




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Urgent research needed into risks from nanomaterials in household waste

Urgent research is needed to assess the possible risks to human health and ecosystems from the ever-increasing amounts of engineered nanomaterials going into household waste and ending up in the environment, according to a new OECD report.




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Taxation of household savings: Key findings for Australia

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.




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Taxation of household savings: Key findings for Japan

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.




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Taxation of household savings: Key findings for Austria

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.




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Austria: reforms will be necessary to uphold high well-being levels

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.




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Taxation of household savings: Key findings for Belgium

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.




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Selected aspects of household savings in Germany – evidence from micro-data

This paper uses household level data from the German Socio-Economic Panel (GSOEP) over the period 1991 to 2008 to analyse the driving factors of movements in the German household savings rate.




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Economic growth from the household perspective: GDP and income distribution developments across OECD countries

This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution.




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Making the banking sector more resilient and reducing household debt in the Netherlands

Dutch banks were put under heavy strains early in the global downturn and have comparatively weak financial buffers to cope with new shocks. Falling house prices have increased the share of households with negative home equity to nearly 35% for home-owning households and 40% for mortgage holders.




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Addressing high household debt in Korea

Rising household debt has become a major policy concern in Korea. By the end of 2012, it had risen to 164% of disposable income, well above the OECD average of 133%.




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Determinants of households’ investment in energy efficiency and renewables – evidence from the OECD Survey on Household Environmental Behaviour and Attitudes

Many studies on household energy efficiency investments suggest that a wide range of seemingly profitable investments are not taken up. This paper provides novel evidence on the main factors behind consumer choices using the OECD Survey on Household Environmental Behaviour and Attitudes.




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Can pro-growth policies lift all boats? An analysis based on household disposable income

In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities. To shed some lights on the potential sources of trade-offs between growth and equity, this paper investigates the long-run impact of structural reforms on GDP per capita and household income distribution.




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What impedes household investment in energy efficiency and renewable energy?

This paper reviews different explanations for apparent underinvestment in energy efficiency that have been put forward in the literature. It also provides new evidence regarding barriers to investment in energy efficiency based on the OECD Survey on Household Environmental Behaviour and Attitudes.




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Household debt in OECD countries: stylised facts and policy issues

This paper offers an overview of developments in household debt over the past decades across a large sample of OECD countries, highlighting both common trends and country specificities. It examines the vulnerabilities associated with high household debt for households, the financial system and the wider economy.




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Growth-oriented policy agenda needed to ensure stronger economic recovery with benefits for all workers and households

Governments must deploy policy packages that take advantage of the synergies between labour, product and financial market reforms to escape the low-growth trap and ensure that benefits are broadly shared by the vast majority of citizens, according to the OECD’s annual Going for Growth report.




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Raising skills holds the key to higher living standards and well-being in Portugal

For each hour worked Portugal produces about half of the output produced in the United States.




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Urbanisation and Household Consumption in China

This paper focusses on the link between urbanisation and consumption behaviour in China.




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The 90% public debt threshold: the rise and fall of a stylised fact

This paper puts the original Reinhart-Rogoff dataset, made public by Herndon et al. (2013), to a formal econometric test to pin down debt thresholds endogenously. We show that the nonlinear relation from debt to growth is not very robust.




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6th Expert Meeting on Measuring Regulatory Performance: Evaluating Stakeholder Engagement in Regulatory Policy

Workshop held in The Hague on 17-18 June 2014 to evaluate stakeholder engagement in regulatory policy




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Public consultation on the draft OECD Best Practice Principles on Stakeholder Engagement in Regulatory Policy

Comments on the draft OECD Best Practice Principles on Stakeholder Engagement in Regulatory Policy are to be sent to regstakeholders@oecd.org by 15 March 2017.




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Related Party Transactions and Minority Shareholder Rights

This publication reviews provisions covering related party transactions and the protection of minority shareholder rights in 31 countries. It includes in-depth reviews of Belgium, France, Italy, Israel and India.




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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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Improving Corporate Governance in India - Related Party Transactions and Minority Shareholder Protection

This book presents the findings of an OECD policy dialogue with Indian stakeholders on policies to improve the monitoring and prevention of abusive related party transactions in India.




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Corporate Bonds, Bondholders and Corporate Governance

This report provides a comprehensive global overview of corporate bond markets since 2000 and experiences of governance engagement by bondholders. The report also analyses trends in secondary bond markets. It ends with a discussion about the scope for institutional changes that may build a larger community of truly informed and motivated bond investors.




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Holding business to account

The promotion of responsible business conduct has taken an important step forward with the launch of a new reporting framework. Businesses now have no excuse for not explaining how they’re meeting their human rights obligations.




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Public consultation on the OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector

This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.




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The impact of investment treaties on companies, shareholders and creditors

Investment treaties are intended to offer foreign investors protection for their investments from host government conduct in violation of the treaty. This report examines how many investment treaties, as interpreted, have generated rules that can disrupt fundamental principles of corporate governance and corporate finance.




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Stakeholder engagement due diligence in extractive industries

When companies involve stakeholders, such as local communities, in their decision making, it enables them to identify, and account for the impacts of their activities, and contribute to positive social and economic development. To address the challenges raised when engaging with stakeholders, the OECD is preparing a user guide on how to undertake due diligence in engaging with stakeholders for mining, oil and gas enterprises.




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Multi-stakeholder sports integrity taskforces established

The International Partnership against Corruption in Sport (IPACS), a recently established multi-stakeholder platform, agreed to set up three taskforces to help tackle corruption in sport at its meeting at the OECD in Paris on 14 to 15 December 2017.




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Taiwan Households Savings

Personal Savings in Taiwan increased to 1944200 TWD Million in 2018 from 1774100 TWD Million in 2017. Personal Savings in Taiwan averaged 895827.45 TWD Million from 1964 until 2018, reaching an all time high of 1944200 TWD Million in 2018 and a record low of 6900 TWD Million in 1964. In Taiwan, Households Savings correspond to the household income saved during a certain period of time. This page provides - Taiwan Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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India Households Savings

Personal Savings in India increased to 26099.21 INR Billion in 2016 from 25429.60 INR Billion in 2015. Personal Savings in India averaged 3811.44 INR Billion from 1951 until 2016, reaching an all time high of 26099.21 INR Billion in 2016 and a record low of 6.34 INR Billion in 1952. In India, Households Savings correspond to the total income saved by households during a certain period of time. This page provides - India Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Switzerland Household Saving Rate

Household Saving Rate in Switzerland increased to 12.70 percent in 2018 from 12.50 percent in 2017. Personal Savings in Switzerland averaged 10.27 percent from 1990 until 2018, reaching an all time high of 13.90 percent in 2014 and a record low of 6.50 percent in 1992. In Switzerland, households' savings rate represents the fraction of disposable income that is not consumed by households and, as a consequence, is saved. This page provides - Switzerland Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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China Net Household Saving Rate

Household Saving Rate in China decreased to 36.10 percent in 2016 from 37.10 percent in 2015. Personal Savings in China averaged 33.59 percent from 1992 until 2016, reaching an all time high of 39 percent in 2010 and a record low of 27.20 percent in 2002. In China, net household saving is defined as the subtraction of household consumption expenditure from household disposable income, plus the change in net equity of households in pension funds. Household saving is the main domestic source of funds to finance capital investment, a major impetus for long-term economic growth. This indicator is measured as a percentage of household disposable income. This page provides - China Deposits Interest Rates - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Thailand Thailand Household Saving Ratio

Household Saving Rate in Thailand increased to 10.20 percent in 2016 from 9 percent in 2015. Personal Savings in Thailand averaged 9.75 percent from 1994 until 2016, reaching an all time high of 16.10 percent in 1999 and a record low of 5.50 percent in 2005. In Thailand, Personal Savings (Households Savings) correspond to the ratio of household income saved to household net disposable income during a certain period of time. This page provides - Thailand Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Luxembourg Gross Household Saving Rate

Household Saving Rate in Luxembourg decreased to 21.41 percent in 2018 from 21.50 percent in 2017. Personal Savings in Luxembourg averaged 18.14 percent from 1995 until 2018, reaching an all time high of 21.50 percent in 2017 and a record low of 14.40 percent in 1999. This page provides - Luxembourg Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Cyprus Gross Household Saving Rate

Household Saving Rate in Cyprus decreased to 2.44 percent in 2018 from 3.67 percent in 2017. Personal Savings in Cyprus averaged 2.81 percent from 1995 until 2018, reaching an all time high of 10.58 percent in 2009 and a record low of -2.90 percent in 2014. This page provides - Cyprus Gross Household Saving Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Latvia Gross Household Saving Rate

Household Saving Rate in Latvia increased to 6.34 percent in 2018 from 4.42 percent in 2017. Personal Savings in Latvia averaged -0.91 percent from 1995 until 2018, reaching an all time high of 13.28 percent in 2009 and a record low of -20.51 percent in 1995. This page provides - Latvia Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.