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Private pensions make post-crisis comeback

In 2016, private pension assets reached their highest-ever level at over USD38 trillion in OECD countries, according to Pensions Markets in Focus. Investment losses resulting from the financial crisis have been recouped in almost all reporting OECD countries.




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Evaluating publicly supported credit guarantee programmes for SMEs

This report examines the approaches adopted in 23 OECD and EU countries for evaluating the performance and cost-effectiveness of publicly supported credit guarantee programmes for SMEs.




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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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Mr. Angel Gurría, Secretary-General of the OECD, in Buenos Aires, 18-20 March 2018

Mr. Angel Gurría, Secretary-General of the OECD, in Buenos Aires, 18-20 March 2018




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The Global Forces Shaping Finance - Keynote address by Greg Medcraft

29 June 2018 - This keynote address focuses on the three main forces driving change in the financial sector: the growing importance of trust; the accelerating digitalisation of the economy; and the unprecedented interconnectedness of global markets. This keynote address was made by Greg Medcraft, OECD Director of Financial and Enterprise Affairs, at the Annual Conference of the Cambridge Centre for Alternative Finance.




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Financial system risk is elevated and global standards are essential in managing cross-border infrastructure investment

A new OECD report, the 2018 Business and Finance Outlook, highlights a number of major risks having the potential to disrupt global economic growth. It notes that the gradual normalisation of monetary policy in an environment of growing debt will be a major test of whether the Basel III regulatory reforms have achieved their goal of ensuring safety and soundness in the financial system.




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Mr. Angel Gurría, Secretary-General of the OECD, in Vienna on 7-8 September 2018

Mr. Angel Gurría, Secretary-General of the OECD, was in Vienna on 7-8 September 2018 to attend the Eurogroup Meeting / Informal Meeting of Economic and Financial Affairs Ministers (ECOFIN).




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Public Consultation: Recommendation on Consumer Protection in the Field of Consumer Credit

21/11/2018 - The OECD is currently updating its 1977 Recommendation on Consumer Protection in the field of Consumer Credit to ensure that it remains the relevant international standard. The draft text is available for public comment until 21 December 2018.




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Mr. Angel Gurría, Secretary-General of the OECD, in Bucharest, 5-6 April 2019

Mr. Angel Gurría, Secretary-General of the OECD, will be in Bucharest on 5-6 April 2019 to attend the Informal Meeting of European Economic and Financial Affairs Ministers (ECOFIN).




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Mr. Angel Gurría, Secretary-General of the OECD, in Washington on 11-13 April 2019

Mr. Angel Gurría, Secretary-General of the OECD, will be in Washington, from 11 to 13 April 2019 to attend a G7 Finance Ministers and Central Bank Governors Meeting, a G20 Finance Ministers and Central Bank Governors Meeting, and the 2019 International Monetary Fund and World Bank Spring Meetings.




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Mr. Angel Gurría, Secretary-General of the OECD, at G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, 17-18 July 2019

Mr. Angel Gurría, Secretary-General of the OECD, will participate in the G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, on 17-18 July 2019.




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Nepal - Credit Rating

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




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Morocco - Credit Rating

Standard & Poor's credit rating for Morocco stands at BBB- with stable outlook. Moody's credit rating for Morocco was last set at Ba1 with stable outlook. Fitch's credit rating for Morocco was last reported at BBB- with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Morocco thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Morocco as reported by major credit rating agencies.




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Mexico - Credit Rating

Standard & Poor's credit rating for Mexico stands at BBB with negative outlook. Moody's credit rating for Mexico was last set at Baa1 with negative outlook. Fitch's credit rating for Mexico was last reported at BBB- with stable outlook. DBRS's credit rating for Mexico is BBB with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Mexico thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Mexico as reported by major credit rating agencies.




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Luxembourg - Credit Rating

Standard & Poor's credit rating for Luxembourg stands at AAA with stable outlook. Moody's credit rating for Luxembourg was last set at Aaa with stable outlook. Fitch's credit rating for Luxembourg was last reported at AAA with stable outlook. DBRS's credit rating for Luxembourg is AAA 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 Luxembourg thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Luxembourg as reported by major credit rating agencies.




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France - Credit Rating

Standard & Poor's credit rating for France stands at AA with stable outlook. Moody's credit rating for France was last set at Aa2 with stable outlook. Fitch's credit rating for France was last reported at AA with stable outlook. DBRS's credit rating for France is AAA with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of France thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for France as reported by major credit rating agencies.




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China - Credit Rating

Standard & Poor's credit rating for China stands at A+ with stable outlook. Moody's credit rating for China was last set at A1 with stable outlook. Fitch's credit rating for China was last reported at A+ with stable outlook. DBRS's credit rating for China is A (high) with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of China thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for China as reported by major credit rating agencies.




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Canada - Credit Rating

Standard & Poor's credit rating for Canada stands at AAA with stable outlook. Moody's credit rating for Canada was last set at Aaa with stable outlook. Fitch's credit rating for Canada was last reported at AAA with stable outlook. DBRS's credit rating for Canada is AAA 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 Canada thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Canada as reported by major credit rating agencies.




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Andorra Credit Rating

Standard & Poor's credit rating for Andorra stands at BBB with stable outlook. Fitch's credit rating for Andorra was last reported at BBB+ with stable outlook. This page provides - Andorra Credit Rating- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Angola - Credit Rating

Standard & Poor's credit rating for Angola stands at CCC+ with stable outlook. Moody's credit rating for Angola was last set at B3 with under review outlook. Fitch's credit rating for Angola was last reported at B- 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 Angola thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Angola as reported by major credit rating agencies.




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Australia - Credit Rating

Standard & Poor's credit rating for Australia stands at AAA with negative outlook. Moody's credit rating for Australia was last set at Aaa with stable outlook. Fitch's credit rating for Australia was last reported at AAA with stable outlook. DBRS's credit rating for Australia is AAA 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 Australia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Australia as reported by major credit rating agencies.




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Iraq - Credit Rating

Standard & Poor's credit rating for Iraq stands at B- with stable outlook. Moody's credit rating for Iraq was last set at Caa1 with stable outlook. Fitch's credit rating for Iraq was last reported at B- with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Iraq thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Iraq as reported by major credit rating agencies.




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Rwanda - Credit Rating

Standard & Poor's credit rating for Rwanda stands at B+ with stable outlook. Moody's credit rating for Rwanda was last set at B2 with stable outlook. Fitch's credit rating for Rwanda was last reported at B+ 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 Rwanda thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Rwanda as reported by major credit rating agencies.




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Report: Green growth in the Benelux - Indicators of local transition to a low-carbon economy in cross-border regions (Benelux)

This paper discusses the results of the 2011-2012 OECD LEED study of measuring green growth in the Benelux countries (Belgium, The Netherlands and Luxembourg). The study paid particular attention to the challenges of measuring the transition to a low-carbon economy in cross-border areas as they have additional levels of complexity when it comes to measuring and monitoring their low-carbon transition.




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Secretary-General’s visit to Brussels (13th June 2013)

Mr. Angel Gurría, Secretary-General of the OECD, will be in Brussels on Thursday 13th June to launch the 2013 OECD International Migration Outlook and to hold bilateral meetings with Officials of the European Union.




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OECD report measures human cost of crisis; underlines need to invest in well-being

The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.




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OECD Secretary-General in Brussels on 17 February 2014

Mr. Angel Gurría, Secretary-General of the OECD, attended the OECD Seminar “The Euro area at a crossroads: Policies for growth, jobs and competitiveness” in Brussels on 17 February 2014 at the Council of the European Union, ahead of the regular Eurogroup meeting. At the Seminar, the Secretary-General presented the OECD report “Economic Challenges and Policy Recommendations for the Euro Area”.




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Job Creation and Local Economic Development in Belgium

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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Mr. Angel Gurría, Secretary-General of the OECD, in Brussels on 4th February 2015

Mr Gurría presented the 2015 OECD Economic Survey of Belgium alongside Mr. Charles Michel, Prime Minister of Belgium.




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Mr. Angel Gurría, Secretary-General of the OECD, in Brussels on Monday 16th October 2017

Mr. Angel Gurría, Secretary-General of the OECD, was in Brussels on Monday 16th October 2017 to attend the General Assembly of the World Steel Association, where he delivered a keynote address.




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Mr. Angel Gurría, Secretary-General of the OECD, in Brussels, on 19 June 2018

Mr. Angel Gurría, Secretary-General of the OECD, was in Brussels on 19 June 2018 to present the 2018 OECD Economic Surveys of the European Union and of the Euro Area.




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Mr. Angel Gurría, Secretary-General of the OECD, in Brussels on 8 July 2019

Mr. Angel Gurría, Secretary-General of the OECD, will be in Brussels on 8 July 2019 to attend the EU Employment and Social Policy Council meeting, where he will present the OECD report on the Economy of Well-Being.




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Mr. Angel Gurría, Secretary-General of the OECD, in Brussels on 3 February 2020

The Secretary-General of the OECD, Mr. Angel Gurría, will be in Brussels on 3 February 2020 to present the 2020 OECD Economic Survey of Belgium, alongside Ms. Sophie Wilmès, Prime Minister of Belgium.




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Belgium: keep up reforms to increase employment and productivity growth

Belgium’s tax, labour, pension and education reforms have improved the potential for stronger, sustainable and inclusive growth over the long term. Keeping up this momentum on structural reforms is key to energise the economy and keep it resilient to external risks and uncertainties, according to a new OECD report.




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Brunei - Credit Rating

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




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Malawi - Credit Rating

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




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Isle Of Man Credit Rating

Standard & Poor's credit rating for Isle of Man stands at N/A with n/a outlook. Moody's credit rating for Isle of Man was last set at Aa2 with negative outlook. This page provides - Isle Of Man Credit Rating- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Mali - Credit Rating

Moody's credit rating for Mali was last set at B3 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 Mali thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Mali as reported by major credit rating agencies.




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India: step up reform efforts to increase quality jobs and incomes

India is set for a modest recovery after a loss of momentum, as reforms to simplify taxation, lighten business regulations and upgrade infrastructure start to bear fruit. Further reforms to modernise the economy are now needed to drive the creation of high-quality jobs, as well as measures to improve public services and welfare, according to a new OECD report.




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Greece - Credit Rating

Standard & Poor's credit rating for Greece stands at BB- with stable outlook. Moody's credit rating for Greece was last set at B1 with stable outlook. Fitch's credit rating for Greece was last reported at BB with stable outlook. DBRS's credit rating for Greece is BB (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 Greece thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Greece as reported by major credit rating agencies.




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Cyprus - Credit Rating

Standard & Poor's credit rating for Cyprus stands at BBB- with stable outlook. Moody's credit rating for Cyprus was last set at Ba2 with positive outlook. Fitch's credit rating for Cyprus was last reported at BBB- with stable outlook. DBRS's credit rating for Cyprus is BBB (low) with positive outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Cyprus thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Cyprus as reported by major credit rating agencies.




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Ireland coming out of the crisis, but challenges remain

The Irish economy still faces tough challenges as the country exits from a deep recession and banking crisis, but its long-term prospects now appear better than many of the other hard hit European countries, according to the OECD’s latest Economic Survey of Ireland.




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Post-crisis debt overhang: Growth implications across countries

Public debt in the OECD area passed annual GDP in 2011 and is still rising. This paper was prepared for the Reserve Bank of India Second International Research Conference 2012: “Monetary Policy, Sovereign Debt and Financial Stability: The New Trilemma”, 1-2 February, 2012 in Mumbai, India




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FINANCE: Solving Europe's banking and debt crisis

Europe's sovereign debt crisis has exposed structural weaknesses in economic governance that now threaten the entire euro region. Efforts to reinforce public finances and preserve the currency union must go further than solutions proposed to date.




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Structural reforms can make the difference as countries rebound from crisis, OECD says

The pace of reform has accelerated in those OECD countries where it is needed most, says the latest Going for Growth report. It identifies the specific action needed to help governments steer their economies out of the crisis, stimulate growth and create jobs.




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Economy: Bigger euro bailout fund needed to create space to boost growth, OECD says

Euro area finance ministers meeting this week need to boost the firepower of the European stability funds to at least one trillion euros in order to restore market confidence, OECD Secretary-General Angel Gurría said today.




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An analysis of productivity performance in Spain before and during the crisis: Exploring the role of institutions

The Spanish economy experienced significantly weaker labour productivity growth than other OECD economies and failed to catch up with the most advanced economies in the period 1996-2007. In recent years labour productivity growth has accelerated, but this recovery is likely to be due to cyclical and temporary factors.




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France: Promouvoir la croissance et la cohésion sociale

Ce document présente les principales recommandations de l'OCDE pour la France dans des domaines essentiels tels que la croissance et l’emploi (efficacité des services publics, système financier, innovation, fonctionnement des marchés des produits et du travail, éducation, retraites, réforme fiscale, croissance verte et agriculture) et la justice sociale (santé, logement, famille, jeunesse, intégration).




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Portugal: rebalancing the economy and returning to growth through job creation and better capital allocation

Low growth and huge current account deficits have characterised the Portuguese economy over the past decade.




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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.