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  • 4-June-2021

    English

    In-donor refugee costs in ODA

    Official Development Assistance (ODA) has played a major part in supporting the costs of the immediate response to this crisis. There is a need to continue to monitor these increasing in-donor costs, to ensure that the credibility of ODA is not called into question.

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  • 4-June-2021

    English

    Spain - DAC Evaluation Network Member

    DAC Evaluation Network Member Spain, Evaluation Profile,

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  • 3-June-2021

    English

    OECD Statistics on External Development Finance Targeting Environmental Objectives Including the Rio Conventions

    Statistics on external development finance extended with the purpose of assisting developing countries in the implementation of the three Rio Conventions.

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  • 1-June-2021

    English

    The role of guarantees in blended finance

    The coronavirus (COVID-19) crisis provides a new context for donors to assess the relevance of guarantees in addressing challenges linked with a sustainable recovery. The paper argues there may be significant scope for more and better use of guarantees to build back better in response to the crisis. The paper also discusses how guarantees can promote more investment particularly in underdeveloped and underserved markets, such as least developed countries (LDCs).

  • 31-May-2021

    English

    OECD Secretary-General's Report to Ministers 2021

    This edition of the OECD Secretary-General's Report to Ministers outlines the main achievements of the OECD in 2020, notably the Organisation’s efforts to help manage the COVID-19 crisis and pave the way towards a stronger, more inclusive, resilient and green recovery. It describes the OECD’s work across major policy areas, with a focus on health, employment, inequalities, economics and tax, education, and the environment, among others. The report outlines the activities of the Secretary-General and his office, as well as those of OECD directorates, the Secretariats of Entities within the OECD family and OECD Social Partners. The OECD works on finding evidence-based solutions to a range of social, economic and environmental challenges, promoting 'Better Policies for Better Lives'. The OECD is one of the world’s largest and most trusted sources of comparable statistical data and research. The OECD serves as not only a pathfinder for new narratives and new initiatives at the global level, but also as a ‘do’ tank ready to support members and partners with our data, standards and evidence-based policy advice.

  • 27-May-2021

    English

    Forecasting developing Asian economies during normal times and large external shocks: Approaches and challenges

    Predicting future economic trends appropriately is essential to economic policy making. Currently, the DSGE model approach is a benchmark economic forecasting technique widely employed. However, large external shocks, such as large-scale natural disasters and COVID-19, challenge current approaches to economic forecasting. Multiple approaches will be needed in this situation, including reduced-form model and indicator-based approaches. This paper discusses different forecasting approaches, by comparing forecasts during normal times and crisis periods. The Medium-term Projection Framework (MPF), used in the Economic Outlook for Southeast Asia, China and India series, receives particular attention. The paper also examines challenges unique to developing Asia and large external shock periods. The measurement of potential output, difficulties in modelling the credit channel, and the incorporation of Big Data pose challenges regarding developing Asian countries, and large external shocks may force deviation from assumptions of traditional frameworks such as rational expectations. Finally, this paper points out that natural disasters will be a useful proxy for large shocks in Developing Asia.

  • 26-May-2021

    English

    Financing the extension of social insurance to informal economy workers - The role of remittances

    Informal employment, defined through the lack of employment-based social protection, constitutes the bulk of employment in developing countries, and entails a level of vulnerability to poverty and other risks that are borne by all who are dependent on informal work income. Results from the Key Indicators of Informality based on Individuals and their Households database (KIIbIH) show that a disproportionately large number of middle‑class informal economy workers receive remittances. Such results confirm that risk management strategies, such as migration, play a part in minimising the potential risks of informal work for middle‑class informal households who may not be eligible to social assistance. They further suggest that middle‑class informal workers may have a solvent demand for social insurance so that, if informality-robust social insurance schemes were made available to them, remittances could potentially be channelled to finance the extension of social insurance to the informal economy.

  • 21-May-2021

    English

    OECD-UNDP Impact Standards for Financing Sustainable Development

    A growing number of investors and corporates aim at coupling financial returns in developing countries with positive social, economic and environmental impacts. However, the way they measure those impacts can be at odds with actual managing practices, and important aspects such as transparency, the protection of human rights and local stakeholder consultation are not systematically taken into account. In order to help mend these gaps, the OECD-UNDP Impact Standards for Financing Sustainable Development (IS-FSD) provide a framework for donors, development finance institutions and their private sector partners to make financial decisions and manage projects in ways that generate a positive impact on sustainable development, and improves the transparency of development results. The Standards, approved by the OECD Development Assistance Committee in March 2021, constitute a best practice guide and self-assessment tool. They are built around four areas: Strategy, management approach, transparency and governance.

  • 17-May-2021

    English, PDF, 1,625kb

    Priority actions for Africa’s sustainable development after COVID-19

    In the run-up to the Summit on Financing African economies of 18th May 2021, we identified three strategic interventions to strengthen Africa’s sustainable recovery following the COVID-19 pandemic. LINK TO PAPER

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  • 12-May-2021

    English

    Improving public finance, boosting infrastructure: 3 priority actions for Africa’s sustainable development after COVID-19

    In the run-up to the Summit on Financing African economies of 18th May 2021, we identified three strategic interventions to strengthen Africa’s sustainable recovery following the COVID-19 pandemic. LINK TO PAPER

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