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Continued slowdown in productivity growth weighs down on living standards

The slowdown in productivity growth - already underway before the crisis – combined with sluggish investment, continued to undermine rises in economic output and material living standards in recent years in many of the world’s economies, according to a new report released today by the OECD.




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Raising living standards and supporting investment by boosting skills in Slovenia

Higher living standards and well-being, as well as convergence with more advanced economies, will depend on achieving higher productivity, which in turn would be boosted by more investment in capital.




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United we stand divided we fall: the need for greater inclusiveness in Israel

Today’s excellent outlook offers Israel a unique opportunity to prepare for the challenges of the future which require stronger social cohesion. Israeli society is indeed marked by large inequalities.




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Structural reforms to boost growth and living standards in Argentina

Over the last decades Argentina’s living standards have lost ground relative to other developed and emerging economies. Putting Argentina on a path to stronger, inclusive and job-rich growth requires boosting productivity and strengthening investment through wide-ranging structural reforms.




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Boosting productivity and living standards in Thailand

Over the past decade, limited structural reform and capital investment have held back productivity growth and improvements in well-being, and Thailand has lost ground vis-à-vis regional comparators.




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Improving innovation policy and ensuring good governance would help raise living standards in Colombia, OECD says

Good public policies are central to well-functioning economies. Better policies on innovation, combined with high-quality regulations and a more efficient public administration, can help Colombia create jobs, boost economic growth and support development, according to three new OECD reports.




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Lobbying standards still not where they should be - EU Observer blog

Opinion piece on lobbying regulation by Rolf Alter, published in the EU Observer.




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The Metropolitan Century - Understanding Urbanisation and its Consequences

The world is experiencing a wave of urbanisation that has the potential to greatly benefit residents, countries and the planet at large. This report analyses the secrets of successful cities and the policies that contribute to their success.




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Government debt indicators: understanding the data

This paper examines the various issues in defining and measuring debt, and explores other data which could be useful, both within and beyond the general government debt concept, to better track and analyse fiscal risks and sustainability issues.




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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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Better management of tight budgets could help Latin American and Caribbean governments to raise living standards

Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.




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Gaps and Governance Standards of Public Infrastructure in Chile

This OECD review underlines the success of Chile’s infrastructure policies which have served as a backbone for it's rapid economic development and social welfare reforms - but also highlights the need to update public investment processes to reflect a more integrated approach to long-term development.




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Implementing new international standards for compiling FDI statistics

In 2014, many countries implemented the latest international guidelines for compiling FDI statistics. The new standards have resulted in significant changes in FDI statistics, including new measures of FDI at the global level.




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Adapting Global Standards to a Changing World

This essay by the OECD's Mats Isaksson and Serdar Çelik traces the evolution of global corporate governance standards and make the case for strong, clear, yet flexible public policy to support capital formation, economic stability, and growth. It is published by the Columbia Law School's Millstein Center for Global Markets and Corporate Ownership on the occasion of the Center’s 10-year anniversary.




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Denmark Standardized Monthly Earnings

Wages in Denmark increased to 41735.60 DKK/Month in 2018 from 40953.70 DKK/Month in 2017. Wages in Denmark averaged 38720.83 DKK/Month from 2009 until 2018, reaching an all time high of 41735.60 DKK/Month in 2018 and a record low of 35381.53 DKK/Month in 2009. In Denmark, wages are benchmarked using the average salary. This page provides - Denmark Average Wages in Private Sector Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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China Outstanding Yuan Loan Growth

The value of loans in China increased 12.70 percent in March of 2020 over the same month in the previous year. Loan Growth in China averaged 15.84 percent from 1998 until 2020, reaching an all time high of 34.44 percent in June of 2009 and a record low of 10.60 percent in February of 2002. In China, outstanding loan growth refers to year over year change in total amount of loans in domestic currency provided by the financial institutions. It includes off-balance sheet forms of financing that exist outside the conventional bank lending system, such as initial public offerings, loans from trust companies and bond sales. This page provides - China Outstanding Loan Growth - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Bangladesh Outstanding External Debt

External Debt in Bangladesh increased to 37.80 USD Billion in 2019 from 33.51 USD Billion in 2018. External Debt in Bangladesh averaged 22.43 USD Billion from 2001 until 2019, reaching an all time high of 37.80 USD Billion in 2019 and a record low of 16.17 USD Billion in 2002. This page provides - Bangladesh External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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South Africa Standard Bank PMI

Composite Pmi in South Africa decreased to 35.10 points in April from 44.50 points in March of 2020. Composite Pmi in South Africa averaged 49.37 points from 2013 until 2020, reaching an all time high of 52.70 points in October of 2014 and a record low of 35.10 points in April of 2020. In South Africa, the Standard Bank South Africa Purchasing Managers Index tracks business trends across private sector activity, including mining, manufacturing, services, construction and retail based on data collected from a representative panel of around 400 companies. The index tracks variables such as new orders, output, employment, supplier delivery times, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. This page provides - South Africa Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Mozambique Standard Bank PMI

Composite Pmi in Mozambique decreased to 52 in June from 52.30 in May of 2019. Composite Pmi in Mozambique is reported by Markit Economics. The Standard Bank Mozambique PMI™ is compiled by IHS Markit from responses to questionnaires sent to purchasing managers in a panel of around 400 private sector companies. The panel is stratified by detailed sector and company workforce size, based on contributions to GDP. The sectors covered by the survey include agriculture, mining, manufacturing, construction, wholesale, retail and services. Survey responses are collected in the second half of each month and indicate the direction of change compared to the previous month. A diffusion index is calculated for each survey variable. The index is the sum of the percentage of ‘higher’ responses and half the percentage of ‘unchanged’ responses. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The indices are then seasonally adjusted. The headline figure is the Purchasing Managers’ Index™ (PMI). The PMI is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. This page provides - Mozambique Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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United Kingdom Operational Standing Deposit Facility Rate

Deposit Interest Rate in the United Kingdom remained unchanged at -0.15 percent in March from -0.15 percent in March of 2020. Deposit Interest Rate in the United Kingdom averaged 0.16 percent from 2008 until 2020, reaching an all time high of 4.25 percent in October of 2008 and a record low of -0.15 percent in March of 2020. 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 the United Kingdom.




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Standard Chartered MNI Kenya Business Sentiment

Mni Business Sentiment in Kenya decreased to 59.60 in January from 62.40 in December of 2016. Mni Business Sentiment in Kenya averaged 59.47 from 2014 until 2017, reaching an all time high of 69.10 in December of 2014 and a record low of 47 in February of 2015. The Standard Chartered MNI Kenya Business Sentiment Survey is a monthly poll of business executives in Kenya, including companies listed on the Nairobi Stock Exchange. Companies are a mix of manufacturing, agriculture, construction and service sector companies. The survey provides the first snapshot of economic and business conditions, ahead of official data in Kenya. Respondents are asked a series of questions on their perceptions of current conditions and the outlook over the next quarter. A diffusion indicator is then calculated by adding the percentage share of positive responses to half the percentage of those respondents reporting no change. An indicator reading above 50 shows expansion, below 50 indicates contraction and a result of 50 means no change. Series which show a seasonal pattern are seasonally adjusted. This page provides - Kenya Mni Business Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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United Kingdom Operational Standing Lending Facility Rate

Lending Rate in the United Kingdom remained unchanged at 0.35 percent in March from 0.35 percent in March of 2020. Lending Rate in the United Kingdom averaged 0.82 percent from 2008 until 2020, reaching an all time high of 4.75 percent in October of 2008 and a record low of 0.35 percent in March of 2020. This page provides - United Kingdom Operational Standing Lending Facility Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Standard Chartered MNI Nigeria Business Sentiment

Mni Business Sentiment in Nigeria decreased to 54.70 in January from 58.90 in December of 2016. Mni Business Sentiment in Nigeria averaged 59.88 from 2014 until 2017, reaching an all time high of 69.60 in December of 2014 and a record low of 41.60 in September of 2016. The Standard Chartered MNI Nigeria Business Sentiment Survey is a monthly poll of business executives in Nigeria, including companies listed on the Nigerian Stock Exchange. Companies are a mix of manufacturing, agriculture, construction and service sector companies. The survey provides the first snapshot of economic and business conditions, ahead of official data in Nigeria. Respondents are asked whether business activity has increased, decreased, or remained the same, compared with the previous month. They are also asked about their expectations over the next quarter. A diffusion indicator is then calculated by adding the percentage share of positive responses to half the percentage of those respondents reporting no change. An indicator reading above 50 shows expansion, below 50 indicates contraction and a result of 50 means no change. Series which show a seasonal pattern are seasonally adjusted. This page provides - Nigeria Mni Business Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Sri Lanka Standing Lending Facility Rate

Lending Rate in Sri Lanka decreased to 6.50 percent in May from 7 percent in April of 2020. Lending Rate in Sri Lanka averaged 10.34 percent from 1999 until 2020, reaching an all time high of 23 percent in January of 2001 and a record low of 6.50 percent in May of 2020. In Sri Lanka, the lending rate refers to interest rate applicable on reverse repurchase transactions of the Central Bank with Commercial banks on an overnight basis under the Standing Facility, providing the ceiling rate for the injection of overnight liquidity to the banking system by the central bank. This page provides - Sri Lanka Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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AI in education will help us understand how we think

Robot teachers are the start of an evolving relationship with artificial intelligence




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Standards in  jails run by Carillion criticised

GFSL said liquidated company’s services were ‘unacceptable’




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Citigroup results, Standard Chartered's pay revolt and money laundering outlook

Patrick Jenkins and guests discuss what Citigroup's results tell us about the US bank earnings season, Standard Chartered chief Bill Winters' defiant response to investor criticism of his pay packet, and how banks are tackling the problem of money laundering, With special guest Brandon Daniels of Exiger 


Contributors: Patrick Jenkins, financial editor, Robert Armstrong, US banking editor, David Crow, banking editor, and Caroline Binham, financial regulation correspondent. Producer: Fiona Symon

 

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Why the courts stand between me and a haircut

In America, lawsuits are the way we make up new rules in a crisis




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Senior Africans propose ‘standstill’ on eurobond debt payments

Tidjane Thiam lends voice to call for private sector to join debt moratorium 




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Lockdowns lower personal grooming standards, says Unilever

Homeworking prompts decline in demand for consumer group’s skin and haircare products




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Big data shows Covid-19 reshaping ESG; UN PRI’s long-term crisis plan; sustainable funds stand tall

Your guide to the investment and business revolution you can’t afford to ignore




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Covid-19 casts pall over Earth Day; Green bonds stand strong; Shake Shack does the ‘other’ right thing

Your guide to the investment and business revolution you can’t afford to ignore




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A nation standing together, in isolation 

The coronavirus crisis brought out the best in Britons, but underlying divides persist




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The Last Bus Startup Standing: Chariot

In the beginning, there were three. There was Leap Transit, the Andreessen Horowitz-backed bus startup stocked with Blue Bottle Coffee and furnished with plush stool seating for morning and evening commuters. Then there was the Nightschool’s nostalgic take with off-duty schoolbuses for late-night transport between the East Bay and San Francisco after the region’s commuter rail system BART shut down […]




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Ventilator standards set out for UK makers ‘of no use’ to Covid patients 

Ministers’ challenge to manufacturers sets basic specifications that are not suitable to task, say experts 




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Despite pandemic, gaming is well-positioned to withstand recession

Efforts to slow the spread of COVID-19 have led to a global economic downturn, but the gaming industry is booming. With hundreds of millions of people sequestered in their homes, game usage has spiked. And while the economic repercussions will persist after people cease physical distancing, gaming is positioned to fare well during a recession. […]




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New international standards for audit reports are game-changing - 20 Jan

After three years in development, the International Auditing and Assurance Standards Board (IAASB) has released a set of standards that are game-changing for shareholders and the profession, says PwC.





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Launching a New Site? Make Sure You Understand Digital ADA Compliance

Any business's online presence must comply with the Americans With Disabilities Act.



  • News and Trends

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Shayn and Carly find themselves in an intense stand-off with Tim and Mat on House Rules

Monday's episode of House Rules saw the remaining teams tasked with overhauling Lisa and Andy's backyard, which led to some serious tension.




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HENRY DEEDES: Dominic Raab the grouch is gone... now he's a far springier stand-in

HENRY DEEDES: Dominic Raab's mood, to use a phrase we hear rather a lot from scientists these days, has upticked significantly since we last heard from him.




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Lawes' stand against the fake allegations that criticism of Markle is racist is something I admire

JEFF POWELL: My long-range admiration for Courtney Lawes as a man has been cemented by his principled stand against the fake allegations that criticism of Meghan Markle is racist.




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Antonio Felix Da Costa wins Marrakesh E-Prix to go top in Formula E standings 

WILL JEANES IN MARRAKESH: Da Costa, who drives for DS Techeetah, had finished second in the previous two races of the season in Chile and Mexico but led from pole.




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OLIVER HOLT: Now more than ever all that Sir Kenny Dalglish stands for is to be cherished

OLIVER HOLT - CHIEF SPORTS WRITER: In the midst of all this, in the midst of the lockdown and my dad in a care home no one can visit any more and my mum reaching for her shopping.




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Strictly stand-in Kelvin Fletcher is hot favourite to lift the glitterball, writes ALISON BOSHOFF

ALISON BOSHOFF: From the moment he sprung on to the Strictly dancefloor in September to perform a sizzling, hip-swinging samba, Kelvin Fletcher has been the dancer to watch on Saturday nights.




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The first tee grandstand provided the perfect view of a brilliant Ryder Cup

THE TEE ROOM: Here, Sportsmail's Mike Dickson takes you through all the little bits and pieces that have cropped up over the last few days at a Ryder Cup that was compelling viewing.




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Georgia Toffolo shows off her flexibility as she does an impressive headstand

The former Made In Chelsea star, 25, showcased her flexibility in a fun Instagram video shared on Tuesday as she attempted to do a headstand for charity.




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Binky Felstead shares her various attempts at a headstand in hilarious video

Taking to her garden, the Made In Chelsea star, 29, joked that she nearly broke her 'neck and fence' while partaking in the #upsidedownchallenge to raise money for charity Mask Our Heroes.




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Premiership Rugby could end up in a standoff with the Six Nations over the release of players

Premiership Rugby could end up in a standoff with the Six Nations over the release of players for Tests affected by Coronavirus.




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Jamie Carragher 'has drunken Glastonbury bust-up with wife Nicola when he could barely stand'

In the video Nicola Carragher can be heard shouting 'really' repeatedly, while Carragher walks along with a steward in the VIP section, reportedly struggling to stand on their 14th wedding anniversary.