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Turkey is ranked 16th among the 34 OECD member countries in decreasing order with a tax wedge for an average single worker at 38.3% in 2015, compared with the OECD average of 35.9%. The country occupied the same position in 2014.
The 2015 edition of National Accounts of OECD Countries, General Government Accounts is an annual publication, dedicated to government finance which is based on the System of National Accounts 2008 (SNA 2008) for all countries except Chile, Japan, Korea and Turkey (SNA 1993). It includes tables showing government aggregates and balances for the production, income and financial accounts as well as detailed tax and social contribution receipts and a breakdown of expenditure of general government by function, according to the harmonised international classification, COFOG. These detailed accounts are available for the general government sector. Data also cover the following sub-sectors, according to availability: central government, state government, local government and social security funds.
The data in this publication are also available on line via www.oecd-ilibrary.org under the title OECD National Accounts Statistics, General Government Accounts (http://dx.doi.org/10.1787/na-gga-data-en and http://dx.doi.org/10.1787/na-gga08-data-en).
The State continues to remain an important shareholder in listed companies worldwide, especially among emerging economies, which rely increasingly on mixed-ownership models. With the benefit of hindsight and more recent examples, this book provides fresh perspectives on the motivation to list state-owned enterprises (SOEs) and the process it entails. Drawing from the experiences of five economies (People's Republic of China, India, New Zealand, Poland and Turkey), the book concludes that broadened ownership generally has a positive impact on the governance and performance of these companies. However, country practices show that the act of listing cannot guarantee that these companies are completely averse to State interests; and deviations from sound corporate governance practices, as enshrined in the OECD Guidelines on Corporate Governance of SOEs, can in some cases, raise concerns with regards to non-State shareholder rights, commercial orientation, board independence, conflicting State objectives, transparency, disclosure and more.
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The tax burden in Turkey declined by 0.6 percentage points from 29.3% to 28.7% in 2014. The corresponding figures for the OECD average were an increase of 0.2 percentage points from 34.2% to 34.4%.
The 2015 edition introduces more detailed analysis of participation in early childhood and tertiary levels of education. The report also examines first generation tertiary-educated adults’ educational and social mobility, labour market outcomes for recent graduates, and participation in employer-sponsored formal and/or non-formal education.
The Secretary-General attended the G20 Leaders Summit and delivered on the G20/ECD BEPS Action Plan and a number of other areas including inclusive growth, youth employment, quality jobs, skills, investment, development, green finance and anti-corruption.
The Secretary-General opened the G20/OECD Global Forum on International Investment and attended the G20 Trade Ministers Meeting.
It is my pleasure to welcome you to the 2015 G20-OECD Global Forum on International Investment. The forum provides an important opportunity for dynamic, frank and constructive dialogue on measures to catalyse investment and develop a more coherent and cohesive global trade and investment regime.
Mr. Gurría presented OECD’s work on inclusive labour markets and skills to the G20 Ministers of Labour and Employment and our analysis and recommendations on growth, investment, SMEs and taxation including BEPS to the G20 Finance Ministers & Central Bank Governors meeting. He also delivered a keynote address at the Women 20 official launch event.
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Turkey initially experienced a rapid recovery from the crisis but labour market conditions have deteriorated more recently. At 50.1% in Q1 2015, Turkey’s employment rate remains well below the OECD average, despite a rise of around 7 percentage points from its pre-crisis level.