Temperature in Myanmar decreased to 19.32 celsius in December from 22.17 celsius in November of 2015. Temperature in Myanmar averaged 22.93 celsius from 1901 until 2015, reaching an all time high of 27.37 celsius in May of 2010 and a record low of 16.40 celsius in January of 1974. This page includes a chart with historical data for Myanmar Average Temperature.

The Gross Domestic Product (GDP) in Myanmar expanded 6.80 percent in 2018 from the previous year. GDP Annual Growth Rate in Myanmar averaged 8.65 percent from 1994 until 2018, reaching an all time high of 13.84 percent in 2003 and a record low of 3.60 percent in 2008. Myanmar, formerly known as Burma, is the poorest country in Southeast Asia. Myanmar was under a military regime for decades, yet since 2011, a transition to democracy has been taking place. The new, civilian led, reformist government has taken charge and the country has began to open up to foreign direct investment. Myanmar’s economy is pretty diversified. The most important sector of the economy is services, which has been growing steadily in the last few years, and now account for over 38 percent of GDP. The share of agriculture has been declining, and now represents 36 percent of GDP. Finally, industry contributes the remaining 26 percent of GDP. This page provides - Myanmar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Myanmar increased to 1.60 percent in 2019 from 1 percent in 2018. Unemployment Rate in Myanmar averaged 3.50 percent from 1990 until 2019, reaching an all time high of 4.17 percent in 1990 and a record low of 0.80 percent in 2015. In Myanmar, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Myanmar Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Myanmar was last recorded at 10 percent. Interest Rate in Myanmar averaged 10.04 percent from 2011 until 2020, reaching an all time high of 12 percent in December of 2011 and a record low of 10 percent in January of 2012. In Myanmar, the benchmark interest rate is set by the Central Bank of Myanmar. The benchmark interest is the Central Bank Rate. This page provides the latest reported value for - Myanmar Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Myanmar thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Myanmar as reported by major credit rating agencies.

Temperature in Andorra decreased to 7.08 celsius in December from 9.76 celsius in November of 2015. Temperature in Andorra averaged 11.21 celsius from 1743 until 2015, reaching an all time high of 24.31 celsius in August of 2003 and a record low of -0.92 celsius in January of 1766. This page includes a chart with historical data for Andorra Average Temperature.

The Sales Tax Rate in Andorra stands at 4.50 percent. In Andorra, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of Andorra. This page provides - Andorra Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Temperature in Guam decreased to 27.58 celsius in August from 28.07 celsius in July of 2013. Temperature in Guam averaged 27 celsius from 1903 until 2013, reaching an all time high of 28.86 celsius in June of 1983 and a record low of 24.76 celsius in February of 1905. This page includes a chart with historical data for Guam Temperature.

The Sales Tax Rate in Guam stands at 2 percent. Sales Tax Rate in Guam averaged 3.14 percent from 2014 until 2020, reaching an all time high of 4 percent in 2015 and a record low of 2 percent in 2018. In Guam, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Guam. This page provides - Guam Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Guam stands at 21 percent. Corporate Tax Rate in Guam averaged 28 percent from 2015 until 2020, reaching an all time high of 35 percent in 2016 and a record low of 21 percent in 2018. In Guam, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Guam. This page provides - Guam Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 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.

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

This country note for Austria provides detail on the proportion of CO2 emissions from energy use subject to different effective carbon rates (ECR), as well as on the level and components of average ECRs in each of the six economic sectors (road transport, off-road transport, industry, agriculture and fishing, residential & commercial, and electricity).

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.

Temperature in Uruguay increased to 22.85 celsius in December from 19.52 celsius in November of 2015. Temperature in Uruguay averaged 17.17 celsius from 1832 until 2015, reaching an all time high of 25.83 celsius in January of 1997 and a record low of 8.20 celsius in June of 1916. This page includes a chart with historical data for Uruguay Average Temperature.

Deposit Interest Rate in Uruguay increased to 5.12 percent in 2018 from 5.07 percent in 2017. Deposit Interest Rate in Uruguay averaged 46.13 percent from 1980 until 2018, reaching an all time high of 147.55 percent in 1990 and a record low of 1.83 percent in 2006. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Uruguay.

The Sales Tax Rate in Uruguay stands at 22 percent. Sales Tax Rate in Uruguay averaged 22.13 percent from 2006 until 2020, reaching an all time high of 23 percent in 2007 and a record low of 22 percent in 2008. In Uruguay, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Uruguay. This page provides - Uruguay Sales Tax Rate - 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.

Unemployment Rate in Uruguay increased to 10.50 percent in February from 8.50 percent in January of 2020. Unemployment Rate in Uruguay averaged 7.75 percent from 2006 until 2020, reaching an all time high of 13.40 percent in January of 2006 and a record low of 5.40 percent in December of 2010. In Uruguay, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Uruguay Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Uruguay decreased to 56.40 percent in February from 57.50 percent in January of 2020. Employment Rate in Uruguay averaged 58.20 percent from 2006 until 2020, reaching an all time high of 61.11 percent in February of 2014 and a record low of 52.62 percent in February of 2006. In Uruguay, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Uruguay Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Uruguay stands at BBB with stable outlook. Moody's credit rating for Uruguay was last set at Baa2 with stable outlook. Fitch's credit rating for Uruguay was last reported at BBB- with negative outlook. DBRS's credit rating for Uruguay is BBB (low) with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Uruguay thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Uruguay as reported by major credit rating agencies.

Temperature in Morocco decreased to 12.55 celsius in December from 15.06 celsius in November of 2015. Temperature in Morocco averaged 17.63 celsius from 1787 until 2015, reaching an all time high of 28.91 celsius in July of 2009 and a record low of 7.12 celsius in January of 1848. This page includes a chart with historical data for Morocco Average Temperature.

Deposit Interest Rate in Morocco remained unchanged at 3.10 percent in 2018 from 3.10 percent in 2017. Deposit Interest Rate in Morocco averaged 5.34 percent from 1980 until 2018, reaching an all time high of 8.50 percent in 1986 and a record low of 3.10 percent in 2017. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Morocco.

The benchmark interest rate in Morocco was last recorded at 2 percent. Interest Rate in Morocco averaged 3.73 percent from 1995 until 2020, reaching an all time high of 7 percent in August of 1995 and a record low of 2 percent in March of 2020. In Morocco, interest rate decisions are taken by Morocco’s central bank, Bank al- Maghrib. The official interest rate is the key rate. This page provides the latest reported value for - Morocco Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Morocco decreased to 41.20 percent in the first quarter of 2020 from 41.60 percent in the fourth quarter of 2019. Employment Rate in Morocco averaged 44.67 percent from 1999 until 2020, reaching an all time high of 48 percent in the first quarter of 1999 and a record low of 40.70 percent in the third quarter of 2017. In Morocco, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Morocco Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Morocco increased to 10.50 percent in the first quarter of 2020 from 9.20 percent in the fourth quarter of 2019. Unemployment Rate in Morocco averaged 10.38 percent from 1999 until 2020, reaching an all time high of 15.10 percent in the third quarter of 1999 and a record low of 7.80 percent in the second quarter of 2006. In Morocco, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Morocco Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The OECD/INFE High level Principles on National Strategies for Financial Education provide international guidance to policy makers with a view to developing evidence-based, co-ordinated and tailored approaches to financial education, both in emerging markets and more advanced economies. G20 Leaders recognised the important role of financial education policies when they endorsed these Principles in 2012.

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.

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.

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.

The bank regulator's paradox is that large, complex and interconnected banks need very little capital in the good times, but they can never have enough in an extreme crisis. Separation is required to deal with this problem, which derives mainly from counterparty risk. This paper outlines the OECD’s separation proposal and also compares it to current national approaches to separation.

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.

The current low interest rate environment poses a significant risk for the long-term financial viability of pension funds and insurance companies, as they seek to generate sufficient returns to meet promises, according to a new OECD report.

In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.

Long-term savings and investments (LTSI) by individuals enhances their financial security while also supporting growth and financial development. Evidence shows that financial knowledge and skills are positively related to LTSI behaviour, and indicates a strong correlation between levels of financial literacy and retirement wealth accumulation.

As part of continuing efforts to support market confidence and business integrity, the OECD has launched in Asia a new set of corporate governance principles that were endorsed at the G20 Finance Ministers meeting in September 2015.

The OECD has produced assessments of country-specific investment strategies in G20 countries in order to improve the investment ecosystem, foster efficient infrastructure investment and support financing opportunities for SMEs. This booklet reproduces the highlights of these assessments which have been transmitted to G20 leaders for consideration at their Summit in November 2015..

Financial literacy has become a key life skill for individuals as well as micro and small businesses. Today, 59 economies worldwide are implementing national strategies using guidance from the OECD/INFE High-level Principles on National Strategies for Financial Education. The Policy Handbook describes the experiences of these economies and addresses challenges that countries have faced in implementing the Principles.

This brochure looks at how financial education can contribute to longer term policies aimed at facilitating the integration of refugees. The provision of financial education, as a complement to supply-side financial inclusion initiatives as well as other education and health support, can support refugees and migrants by facilitating social and labour market inclusion as well as improve their (financial) well-being.

One of the puzzles of the post-crisis period is low observed aggregate productivity growth. This report dissects the problem using the company and sector value-added data of more than 11,000 of the world’s largest listed non-financial and non-real-estate companies, taken from 20 different industry sectors.

Leaders of the G20 countries meeting at their Summit in Hangzhou, China, have called on the OECD to help develop an agenda to build a stronger, more innovative and inclusive world economy.

Adopted by the OECD Council on 23 February 2017, this Recommendation provides high-level policy guidance for designing a strategy for addressing the financial impacts of disasters on individuals, businesses and sub-national levels of governments, as well as the implication for public finances.

Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios.

This paper presents the findings of an international stocktaking of the regulatory frameworks that apply to institutional investment in different jurisdictions and how these frameworks are interpreted by institutional investors in terms of their ability or responsibility to integrate environmental, social and governance (ESG) factors in their governance processes.

Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.

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.

While China’s overall debt-to-GDP ratio is not particularly high, its non-financial corporate debt relative to GDP is higher than in other major economies.

25 February 2019 - Corporate bond markets have become an increasingly important source of financing for non-financial companies since the global financial crisis. The total outstanding debt in the form of corporate bonds reached USD 13 trillion as of end-2018. In real terms, this is twice as much as in 2008. This paper documents a number of associated risks and vulnerabilities.

Global outstanding debt in the form of corporate bonds issued by non-financial companies has hit record levels, reaching almost USD 13 trillion at the end of 2018. This is double the amount outstanding in real terms before the 2008 financial crisis, according to a new OECD paper.