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  • 28-May-2020

    English

    What policies for greening the crisis response and economic recovery? - Lessons learned from past green stimulus measures and implications for the COVID-19 crisis

    This paper evaluates green stimulus packages that were introduced in response to the global financial crisis (GFC) of 2007-08 and draws lessons relevant for greening the recovery from the Coronavirus (COVID-19) crisis. The paper underscores the importance of building in policy evaluation mechanisms into green stimulus measures. It also provides evidence that the implementation of sufficiently large, timely and properly designed green stimulus measures can generate economic growth, create jobs and bring about environmental benefits. However, there are also trade-offs between competing economic, environmental and social policy objectives, which underscores the importance of proper policy design.

  • 27-May-2020

    English

    Financing Water Supply, Sanitation and Flood Protection - Challenges in EU Member States and Policy Options

    The OECD and the Directorate-General for Environment, the European Commission department responsible for EU policy on the environment, joined forces to examine current and future water-related financing challenges faced by EU member states. These include investments needed to comply with EU regulation for water supply, wastewater collection and treatment, and flood protection. As part of the research, new data was produced on current levels of expenditure for water supply, sanitation and flood protection, as well as on projected needs. It supported a comparison across member states and substantiated tailored policy discussions in selected countries and at European level. This report captures the rationale for the research, the main quantitative outcomes and the policy issues and recommendations that derived from this two-year co-operation. Lessons from Europe outlined in this report can inspire similar research and policy discussions in other parts of the world.

  • 13-May-2020

    English

    Mr. Angel Gurría, Secretary-General of the OECD, at Financial Times Digital Dialogue, Wednesday 13 May 2020

    Mr. Angel Gurría, Secretary-General of the OECD participated in the Financial Times Digital Dialogue “Global Boardroom - Shaping policy, business and finance in a time of crisis” on Wednesday 13 May 2020. The Secretary-General was first speaker to set the scene for the 2.5-day conference that included 36,000 participants who will join virtually.

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  • 7-May-2020

    English

    Revenue Statistics in Latin America and the Caribbean 2020

    This report compiles comparable tax revenue statistics over the period 1990-2018 for 26 Latin American and Caribbean economies. Based on the OECD Revenue Statistics database, it applies the OECD methodology to countries in Latin America and the Caribbean to enable comparison of tax levels and tax structures on a consistent basis, both among the economies of the region and with other economies. This publication is jointly undertaken by the OECD Centre for Tax Policy and Administration, the OECD Development Centre, the Inter-American Center of Tax Administrations (CIAT), the Economic Commission for Latin America and the Caribbean (ECLAC) and the Inter-American Development Bank (IDB). The 2020 edition is produced with the support of the EU Regional Facility for Development in Transition for Latin America and the Caribbean, which results from joint work led by the European Union, the OECD and its Development Centre, and ECLAC.

  • 7-May-2020

    English

    Launch: Results of the OECD PISA 2018 financial literacy assessment of students

    7 May 2020: PISA 2018 Results (Volume IV): Are Students Smart About Money? provides an overall picture of 15-year-olds’ ability to apply their accumulated knowledge and skills to real-life situations involving financial issues and decisions.

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  • 6-May-2020

    English, PDF, 1,865kb

    Financial Literacy of Adults in South East Europe

    This report provides Bulgaria, Croatia, Georgia, North, Macedonia, Moldova, Montenegro, and Romania - countries participating in the Technical Assistance Project for Financial Education in the Constituency Program of the Netherlands Ministry of Finance- an opportunity to see how their financial literacy levels compare to the other countries in the project.

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  • 22-April-2020

    English

    Financing SMEs and Entrepreneurs 2020 - An OECD Scoreboard

    Sufficient and affordable access to different sources of finance is crucial to enable SMEs and entrepreneurs to contribute to inclusive growth. The 9th edition of the Scoreboard on Financing SMEs and Entrepreneurs provides data from 48 countries around the world on SME lending, alternative finance instruments and financing conditions, as well as information on policy initiatives to improve SME access to finance. Lending conditions remained broadly favourable in the run-up to the COVID-19 outbreak, despite some early signals of tightening. Nevertheless, SME bank credit increased only at a modest pace in many countries and declined in some others in 2018. At the same time, the take-up by SMEs of other sources of finance, including leasing and factoring, equity crowdfunding and venture capital investments expanded significantly, suggesting that SMEs are increasingly turning to a combination of instruments. The thematic chapter provides an overview of the evolution of SME financing policies over the last decade, from the immediate post-crisis period and the early recovery years, to the most recent policy trends.

  • 10-April-2020

    English, PDF, 706kb

    Initial assessment of insurance coverage and gaps for tackling COVID-19 impacts

    In addition to the health consequences of the COVID-19 pandemic, both individuals and businesses face significant costs and losses. This note reviews the potential coverage available for COVID-19 related losses across different lines of insurance business and provides a high-level assessment of the availability of coverage based on common industry practices as of April 2020.

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  • 8-April-2020

    English

    Responding to COVID-19 challenges: Cash buffers for a rainy day

    8 April 2020 - The coronavirus (COVID-19) pandemic is posing many challenges for the economy and public financial management systems. Yasemin Hurcan, Fatos Koc and Emre Balibek talk about how "cash buffers" can help governments mitigate short-term liquidity needs.

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  • 2-April-2020

    English

    Disaster risk financing

    Disasters present a broad range of human, social, financial, economic and environmental impacts, with potentially long-lasting, multi-generational effects. The financial management of these impacts is a key challenge for individuals and governments in developed and developing countries. The OECD supports the development of strategies for the financial management of natural and man-made disaster risks.

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