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Private hospital prices in South Africa are expensive for citizens

Price levels for private hospital services in South Africa are comparable to the levels observed across OECD countries. But they are higher than what could be expected given the country’s income, according to a new OECD working paper.




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Sustained reforms are essential to reinforcing inclusive growth in Italy

Italy is slowly emerging from a deep and lengthy recession, helped by a range of structural reforms – such as the Jobs Act – and accommodative monetary and fiscal policies, according to a new OECD report.




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Sustainable access to innovative therapies - Online consultation

The OECD is launching an online consultation: tell us how we can improve sustainable access to innovative therapies!




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Universal Health Coverage

Universal Health Coverage is about everyone having access to good quality health services without suffering financial hardship. Although most OECD countries offer all their citizens affordable access to a comprehensive package of health services, they face challenges in sustaining and enhancing such universal systems.




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Healthier lifestyles and better health policies drive life expectancy gains

Healthier lifestyles, higher incomes and better education have all contributed to boost life expectancy in recent decades. Better health care has also helped, according to a new OECD report.




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Strong Performers and Successful Reformers in Education - Delivering School Transparency in Australia

This case study describes the policy-making process in Australia leading to the public release of information on every school in Australia through the My School website. Policy lessons are described to provide insight for OECD member countries which may be grappling with similar issues.




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Skills Development Pathways in Asia: Employment and Skills Strategies in Southeast Asia initiative (ESSSA)

Skills and educational development for inclusive and sustainable growth are becoming significant drivers in OECD countries.




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Australia’s unique approach to helping the unemployed has delivered good results but challenges remain, says OECD

Australia’s labour market reforms over the past 15 years have boosted employment and cut welfare benefit dependency.




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Australia: Can deliver a growing aid budget effectively and efficiently

Australia delivered USD 5.44 billion in official development assistance (ODA) last year, or 0.36% of its gross national income. It is the eighth most generous country in the OECD’s Development Assistance Committee (DAC), which groups the world’s major donors. Australia’s goal is to reach 0.5% of GNI by 2017 – a goal the DAC encourages it to follow through on, given its good track record and relatively strong economy.




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Australia: Ambassador, Permanent Representative to the OECD

Biographical note of Australia's Permanent Representative to the OECD.




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Changing the face of start-ups: Why diversity is not a nice-to-have but a must-have

How can we build a global economy driven by innovation when half the population is missing out on the action? The short answer is, we can’t.




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Effective carbon rates: Key findings for Australia

This country note for Australia 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).




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Migration policy affects attractiveness of OECD countries to international talent

The most attractive OECD countries for highly qualified potential immigrants are Australia, Sweden, Switzerland, New Zealand and Canada, in part because of favourable admission and stay conditions.




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Ukraine Competitiveness Index

Ukraine scored 56.99 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Ukraine averaged 16.02 Points from 2007 until 2019, reaching an all time high of 57.03 Points in 2018 and a record low of 3.90 Points in 2011. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Ukraine Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Ukraine Competitiveness Rank

Ukraine is the 85 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Ukraine averaged 79.69 from 2007 until 2019, reaching an all time high of 89 in 2011 and a record low of 69 in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Ukraine Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Serious Concerns Remain over Japan’s Enforcement of Foreign Bribery Law, Despite Some Positive Developments

The Phase 3 Report on Japan by the OECD Working Group on Bribery evaluates and makes recommendations on Japan'simplementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.




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Celebrating Japan’s 50th Anniversary - Press conference of OECD Secretary-General, in Tokyo

Firstly, and most importantly, this year marks Japan’s golden jubilee: 50 years as a member of the OECD. Japan was our first Asia-Pacific member country, and has paved the way to strengthen the OECD’s ties within the region. This year, for the second time, Japan is chairing our Ministerial Council Meeting – the most important annual decision-making event of the Organization, said Angel Gurría.




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Japan: Advancing the third arrow for a resilient economy and inclusive growth

After two decades of low growth and persistent deflation, Japan is showing signs of renewed economic dynamism. But to regain its primacy as a leading economic powerhouse and raise the well-being of its citizens, Japan needs a structural reform package to narrow the productivity gap with leading OECD countries, notably by increasing the labour participation of women and older citizens.




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Redesigning how health services are delivered in Japan would better meet the needs of a super-ageing population, says OECD

Elderly individuals with complex, chronic diseases need continuous and tailored care to maintain their health and maximise their ability to participate in society. Japan must change the way it delivers health services for older citizens by strengthening its specialist primary care and making mental health care services more widely available, according to a new OECD report.




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Launch of Japan's "Innovative Schools Network"

I am delighted to be at Tokyo University this afternoon for the launch of the Innovative Schools Network. As one of Asia’s foremost institutions of education, one which prides itself on moving forward the frontiers of human knowledge in the interests of society at large, Todai (Tokyo University) is the perfect setting for today’s event.




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Elusive global growth outlook requires urgent policy response

Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook.




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Japan: Ambassador, Permanent Representative to the OECD

Biographical note of Japan's Permanent Representative to the OECD.




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Japan: Boost employment and productivity to promote inclusive growth and meet demographic challenges

The Japanese economy has gained momentum and is creating jobs, according to a new OECD report. The latest OECD Economic Survey of Japan, presented in Tokyo by OECD Secretary-General Angel Gurría, says that per capita growth rates in recent years have matched those across the OECD – a major improvement. The Survey underlines the key role Abenomics has played in the economic revival.




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Effective carbon rates: Key findings for Japan

This country note for Japan 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).




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Implementation of tax transparency initiative delivering concrete and impressive results

International efforts to improve transparency via automatic exchange of information on financial accounts are improving tax compliance and delivering concrete results for governments worldwide, according to new data released today by the OECD.




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South Africa Trade Balance - Cumulative

Trade Balance - Cumulative in South Africa increased to 12127.31 ZAR Million in March from -2986.13 ZAR Million in February of 2020. Trade Balance - Cumulative in South Africa averaged -64972.52 ZAR Million from 2013 until 2020, reaching an all time high of 12127.31 ZAR Million in March of 2020 and a record low of -198550.91 ZAR Million in December of 2014. This page includes a chart with historical data for South Africa Trade Balance - Cumulative.




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South Africa Imports of Live Animals & Animal Products

Imports of Live Animals & Animal Products in South Africa increased to 1223.24 ZAR Million in March from 1216.78 ZAR Million in February of 2020. Imports of Live Animals & Animal Products in South Africa averaged 1164.15 ZAR Million from 2014 until 2020, reaching an all time high of 1527.79 ZAR Million in August of 2018 and a record low of 733.71 ZAR Million in December of 2014. This page includes a chart with historical data for South Africa Imports of Live Animals & Animal Products.




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Myanmar Competitiveness Index

Myanmar scored 3.32 points out of 7 on the 2016-2017 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Myanmar averaged 3.26 Points from 2014 until 2016, reaching an all time high of 3.32 Points in 2016 and a record low of 3.22 Points in 2014. Competitiveness Index in Myanmar is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies. The report is made up of over 110 variables, of which two thirds come from the Executive Opinion Survey representing the sample of business leaders, and one third comes from publicly available sources such as the United Nations. The variables are organized into twelve pillars with the most important including: institutions, infrastructure, macroeconomic framework, health and primary education and higher education and training. The GCI score varies between 1 and 7 scale, higher average score means higher degree of competitiveness. This page provides the latest reported value for - Myanmar Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Myanmar Competitiveness Rank

Myanmar is the 131 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Myanmar averaged 134.67 from 2014 until 2016, reaching an all time high of 139 in 2014 and a record low of 131 in 2016. Competitiveness Rank in Myanmar is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies and indicates their position relative to the other countries and territories in the index. This page provides the latest reported value for - Myanmar Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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OECD report on vocational training in Austria calls for continued diversity and increased co-ordination

There are few OECD countries where vocational education and training (VET) is held in such high regard or takes so many forms as in Austria. Some 60 percent of young Austrians aged between 25 and 34 have completed a VET course below tertiary level (vocational school or technical college).




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Austria: Ambassador, Permanent Representative to the OECD

Biographical note of Austria's Permanent Representative to the OECD.




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Reform of Austria’s school governance crucial to deliver better value for money

Austria has taken important steps to improve its school system, but needs to reform its complex school governance to further improve quality and equity, according to a new OECD report.




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Austria: Embrace digitalisation to boost growth and inclusiveness

The Austrian economy is strengthening, supported by recent tax reform and a pick-up in international trade. With business and household confidence rising and the short-term outlook favourable, policymakers should enact deeper structural reforms that will improve both fiscal sustainability and social cohesion.




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Effective carbon rates: Key findings for Austria

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).




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Uruguay Competitiveness Index

Uruguay scored 63.47 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Uruguay averaged 17.67 Points from 2007 until 2019, reaching an all time high of 63.47 Points in 2019 and a record low of 3.90 Points in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Uruguay Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Uruguay Competitiveness Rank

Uruguay is the 54 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Uruguay averaged 68.46 from 2007 until 2019, reaching an all time high of 85 in 2014 and a record low of 50 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Uruguay Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Assessing the cost effectiveness of index-linked bond issuance

Sovereign index-linked bond issuance has grown significantly since the early 1980s and index-linked bonds have become a widely accepted part of the set of instruments that sovereign debt managers use for funding purposes. This paper sets out a methodology for assessing their cost effectiveness relative to other financing options, using UK examples for illustration.




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Five decades at the heart of financial modernisation: The OECD and its Committee on Financial Markets

This report shows how OECD’s work on financial markets, with the Committee on Financial Markets (CMF) at its core, has evolved over the past five decades. More than just a chronology, it attempts to explain and analyse the factors and dynamics that transformed financial markets and the work conducted in that area – thereby putting into perspective the challenges that lie ahead.




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SMEs and entrepreneurs need to diversify their funding amid continued credit constraints

Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports.




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OECD Ministers reinforce importance of investment for strong, green and inclusive growth

The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.




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Infrastructure financing instruments and incentives

This taxonomy maps out the investment options available to private investors and the instruments and incentives available to attract private sector investment in infrastructure.




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Finance and climate: The transition to a low-carbon and climate-resilient economy from a financial sector perspective

Climate change is a major political and economic challenge. This paper sketches out its relevance for the financial sector. Necessary low-carbon investments imply a significant yet manageable financing gap. Beyond capital mobilisation that has attracted most attention until now, the main challenge is ensuring a transition-consistent capital reallocation.




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Fiscal incentives for R&D and innovation in a diverse world

Public policy has an important role to play in promoting research and development (R&D) and the development, diffusion, and use of new knowledge and innovations. Fiscal incentives, including tax policies, should be directed at specific barriers, impediments or synergies to facilitate the desired level of investment in R&D and innovations.




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Supporting an effective cyber insurance market

13/05/2017 - With the frequency and scope of cyber incidents growing significantly, this report provides an overview of the market for cyber insurance as well as the current challenges in terms of data availability, quantification of cyber risks, awareness and misunderstanding about coverage. It identifies potential policy measures to address some of the main challenges to the development of an effective cyber insurance market.




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Small business access to alternative finance increasing as new bank lending declines

Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report.




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Video series: Perspectives on green finance and investment

Leading actors across the green finance and investment community talk to the OECD about what has to be done to achieve the objectives of the Paris Agreement and the broader set of environmental objectives linked to the Sustainable Development Goals (SDGs).




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The Application of Behavioural Insights to Financial Literacy and Investor Education Programmes and Initiatives

Behavioural insights have the potential to enhance the effectiveness of financial literacy and investor education initiatives. This IOSCO/OECD report explores the extent to which they are being used, reviews the available literature and presents various approaches for policy makers and practitioners to consider when seeking to change financial behaviour.




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2018 OECD Workshop on Data Collection for Sustainable Infrastructure – Infrastructure Data Initiative

15 November 2018, Paris - This Workshop will bring together academics, public stakeholders and industry experts to discuss using blockchain technology to unlock data for AI and financial sustainability and quality benchmarks




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Rwanda Competitiveness Index

Rwanda scored 52.82 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Rwanda averaged 19.84 Points from 2011 until 2019, reaching an all time high of 52.82 Points in 2019 and a record low of 3.99 Points in 2011. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Rwanda Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Rwanda Competitiveness Rank

Rwanda is the 100 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Rwanda averaged 79.33 from 2011 until 2019, reaching an all time high of 108 in 2018 and a record low of 58 in 2016. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Rwanda Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.