According to OECD estimates, Chile’s concessional finance for development reached USD 44 million in 2013 compared to USD 38 million in 201(OECD estimate). Chile’s contributions through multilateral organisations that would qualify as ODA amounted to USD 29 million, or 65%.
Institutional investors (investment funds, insurance companies and pension funds) are major collectors of savings and suppliers of funds to financial markets. Their role as financial intermediaries and their impact on investment strategies have grown significantly over recent years along with deregulation and globalisation of financial markets.
This publication provides a unique set of statistics that reflect the level and structure of the financial assets of institutional investors in the OECD countries, and in the Russian Federation. Concepts and definitions are predominantly based on the System of National Accounts. Data are derived from national sources.
Data include outstanding amounts of financial assets such as currency and deposits, securities, loans, and shares. When relevant, they are further broken down according to maturity and residency. The publication covers investment funds, of which open-end companies and closed-end companies, as well as insurance corporations and autonomous pension funds. Indicators are presented as percentages of GDP allowing for international comparisons, and at country level, both in national currency and as percentages of total financial assets of the investor. Time series display available data for the last eight years.
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The quality of an education system today shapes the economic and social prosperity of the country tomorrow. Chile has embarked on wide-ranging reform to improve the quality and equity of its education system on several fronts, including early childhood education and care (ECEC), school funding, student selection, school governance, teacher career pathways, vocational education and training (VET) and tertiary education.
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The tax burden in Chile declined by 1.2 percentage points from 21.4% to 20.2%, the second largest fall amongst member countries in 2013. The corresponding figure for the OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Chilean standard VAT is 19%, which is very close to the OECD average. The average VAT/GST rate in the OECD was 19.1% on 1 January 2014.
Migration inflows to Chile started to increase towards the end of the 1990s and continued to grow, in particular during the last decade.
Country notes outlining regional variations in health, jobs, safety, environment, access to services, civic engagement, housing, education, income, and employment. These notes are from the OECD publication "How's Life in Your Region?".
Getting regions and cities 'right', adapting policies to the specificities of where people live and work, is vital to improving citizens’ well-being. View the country factsheets from the publication OECD Regional Outlook 2014.
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Upper secondary education is the most common level of education attained in Chile, and progress across generations is notable. Upper secondary education, which consolidates students’ basic skills and knowledge, aims to prepare students for entry into tertiary education or the labour market.
Merger control constitutes an essential component of an effective competition system. This in-depth study of Chile’s merger control regime assesses the main existing issues in the current system and provides suggestions for improvement based on OECD and international standards.
The paper discusses a number of policies that could help to make the Chilean labour market more inclusive and broaden the benefits of growth. These include expanding childcare, promoting a more flexible labour market and strengthening education and skills policies, among others.