Many Emerging Asian countries have been refining macroprudential policies, particularly since the Global Financial Crisis. For instance, they have developed policies targeting housing markets and broadly transposed the Basel III requirements into their national legislation. In the wake of the COVID-19 pandemic, policy makers now need to identify emerging vulnerabilities and their associated financial stability risks and respond with the appropriate macroprudential tools.
This publication provides a detailed overview of the current macroprudential policy situation in Emerging Asian countries and explores how the macroprudential policy toolkit has evolved. The report discusses some of the most pressing challenges to financial stability, including the interaction of macroprudential policy with other policies. It also devotes special attention to macroprudential policies for emerging priorities, such as achieving green goals and updating regulatory frameworks to reflect ongoing Fintech developments. Climate change will indeed create new challenges in financial markets, while Fintech developments bring about many economic opportunities and deepen financial systems, but present a variety of novel risks requiring rapid policy responses.
The OECD’s 2nd World Forum on Statistics, Knowledge and Policy 'Measuring and Fostering the Progress of Societies' held in Istanbul in June 2007 brought together a diverse group of leaders from more than 130 countries to debate these issues. These proceedings contain 40 papers presented at the Forum.
This publication contains the proceedings of the World Forum on Key Indicators held in Palermo in November 2004. In it, statisticians from governmental statistical offices, international organisations, and academia explain why indicator systems are useful and how statistics can be used, how to implement systems related to different kinds of statistics, and what systems are already in place. This conference was the first co-ordinated world wide effort to study the development and implications of large-scale systems of public information for developed countries.
This book examines the contributions that space technologies can make in tackling some of the serious problems posed by climate change. Focusing on examples of water management, marine resources and maritime transport, it sets out the rationale for further developing satellite systems to measure and monitor climate change and help mitigate its consequences. The report underlines the need to consider satellites not just as research and development systems, but as an important component of a critical communication- and information-based infrastructure for modern societies. The tool box for decision makers that concludes the book reviews different methodological options for deciding on investments in space-based earth observation.
This book explores the contribution space systems might make in dealing with looming societal challenges related to threats to the physical environment and the management of natural resources, growing mobility and its consequences, increasing security concerns, and the shift to the information society. It discusses the challenges for developing space applications. It assesses the strengths and weaknesses of the institutional, legal and regulatory frameworks that currently govern space activities in the OECD area and beyond. Finally, it formulates an overall policy framework that OECD governments might use in drafting policies designed to ensure that the potential that space has to offer is actually realised.
Over the years, advances in space technologies have led to the development of increasingly sophisticated military and civil space assets.
Where is the space sector heading now? What are the obstacles to its further development? What are its future prospects? What are the applications that are likely to be successful in the future?
To answer these questions, this report adopted a scenario-based approach to explore the future evolution of major components of the space sector (military space, civil space, commercial space) over the next thirty years. It covers four major factors of change: geopolitical developments, socio-economic developments, energy and the environment, technology.
"Outstanding review, especially useful for the three sophisticated scenarios, useful to many futurists."
Future Survey, August 2004.
As economic globalisation runs its seemingly relentless course, the demands on OECD economies' flexibility are set to increase still further in the years to come. What kind of society will be able to cope with these pressures? How much and what kinds of adaptability will be required of individuals, institutions and enterprises? What forces will hold OECD societies together in an environment shaped by intense international competition and fast-moving technological change? This publication looks into the prospects for societal cohesion in tomorrow's world. It assesses the long-run implications of continuing with the current set of policies, and examines ideas that may help societies strike a sustainable balance between economic flexibility and a cohesive social fabric.
This report develops a framework of social unrest within a complex understanding of systemic risk. The goal is to try to identify triggers (events that lead to social unrest) and drivers (causal roots) for the emergence of social unrest and, based on this functional analysis, to design policy options on how to avoid, mitigate or handle unrest. The framework should enable a better understanding of the circumstances that may trigger social unrest, how intensely that unrest is likely to materialize and what interventions promise to de-escalate the conflict or even prevent social unrest in the first place. Since social unrest is more a process of escalation than a finite state of the world, the term has been conceptualized in a step-by-step escalation scheme. Each step makes social unrest more severe. It is a gradual framework that identifies the different stages that make social unrest more and more probable. In order to identify relevant drivers and cluster of drivers, three case studies are investigated: pandemics, cyber-related risk and financial crises. The main question is how did or could these events cause social unrests. In a second step, an analytic model is used to capture the combined effects learned from the case study analysis. In a third step,the IRGC risk governance model for explaining the risk of social unrest or predicting the consequences of social unrest is applied. Finally , guidelines for normative governance with respect to social unrest are developed.
SMEs and entrepreneurs play a key role in national economies around the world, generating employment and income, contributing to innovation and knowledge diffusion, responding to new or niched demands and social needs, and enhancing social inclusion. However, SMEs are often more affected by business environment conditions and structural policies than larger firms.
This report presents comparative evidence on SME performance and trends, and on a broad range of policy areas and business environment conditions that are important for small businesses. The analysis takes into account the multi-dimensionality of SME policy objectives and the significant heterogeneity of the SME population, within and across countries. Data and indicators on framework conditions are complemented with information on recent policy trends in OECD countries. This publication addresses a growing demand by governments for tools to monitor the business environment for small and medium-sized enterprises, and benchmark the effectiveness of policies in creating appropriate conditions for them to flourish and grow.
This book reviews recent work related to Slovenia and summarised key findings and recommendations in such areas as unemployment and the labour market, skills and productivity, product market competition, corporate governance, boosting innovation and moving up the value chain, public finances, the tax system, the financial system, and greening the economy.
Drawing on the OECD’s expertise in comparing country experiences and identifying best practices, this book tailors the OECD’s policy advice to the specific and timely priorities of the Slovak Republic, focusing on how its government can make reform happen.
This review analyses public governance in the Slovak Republic and provides recommendations to support ongoing comprehensive public administration reform. The analysis is structured around five key areas: the centre of government’s capacity to steer and lead policy development and implementation; analytical and evaluation capacities; human resources management and civil service; e-government; transparency and integrity in the public administration. The review identifies two main themes running through these five areas: The first is the need for more effective whole-of-government co-ordination of strategy-setting and implementation, led by the centre of government. The second is the need to generate and use evidence more effectively when making decisions.
Raising skills is critical to Portugal’s economic success and social well-being. As globalisation and digitalisation are transforming how people work, how societies function and how individuals interact, Portugal needs to equip its entire population with strong skills so that they can benefit from new opportunities.
Portugal has put education and skills at the forefront of the political agenda for many years, but more than half of adults have not completed upper secondary education. With the population ageing rapidly and a growing skills divide between generations, Portugal needs to further strengthen its adult-learning system. To make change happen, Portugal will need a clear vision for the adult-learning system and a strong partnership between all stakeholders – all levels of government, education and training providers, employers, trade unions, the non-profit sector and learners.
This report outlines areas where the accessibility, flexibility and quality of the adult-learning system can be improved, where governance and financing mechanisms can be strengthened, and provides examples of international and national good practice to help achieve these objectives. The report provides a series of concrete actions to help Portugal improve the adult-learning system and in turn enhance economic growth and social cohesion.
This quarterly publication complements the OECD Main Economic Indicators. It presents a wide range of monthly, quarterly and annual economic indicators covering such topics as industrial production, business surveys, construction, employment, earnings, prices, domestic and foreign finance, interest rates and domestic and foreign trade for the following 18 transition countries: Bulgaria Slovak Republic Kazakstan Tajikistan Estonia Slovenia Kyrgyz Republic Turkmenistan Latvia Armenia Moldova Ukraine Lithuania Azerbaijan Russian Federation Uzbekistan Romania Belarus Included in this issue: Annex on Labour Market Indicators Available on Diskette This supplement is the final edition of the series Short-term Economic Indicators: Transition Economies in the current format. The OECD plans to release a new publication containing a more restricted number of short-term economic indicators for key non-OECD countries on a monthly basis. The new publication is scheduled for release in the first half of 1998.
The service sector has grown in importance in all OECD countries over the past two decades and includes some of the most dynamic activities (such as IT, telecommunications and business services). Yet, this sector is in many ways less well measured and understood than other sectors. This publication provides annual National Accounts statistics on output (gross value added) and employment in service activities for all OECD Member countries*. Data are given at the finest level of activity detail available to OECD from national sources. This publication is designed to provide analysts with series (from 1988 to 1998) containing information on trends in the sector and to help statisticians improve the comparability of these statistics. Countries covered include Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States
This joint OECD-Eurostat publication provides statistical data on international trade in services for the twenty-nine OECD Member countries as well as definitions and methodological notes. The data are supplied and published according to the IMF Fifth Manual of the Balance of Payments and the OECD-Eurostat Classification of Trade in Services, which is totally consistent with the balance of payments classification but is more detailed. This book includes summary tables by country and by service category and zone totals for the EU15, EU12, EUR11 and the OECD which are comparable. Tables for individual countries showing data for detailed service categories are also provided. Time series cover the period 1987-1996 as far as data are available.
“In 2018, OECD’s commitment and dedication to promoting “better policies for better lives” was stronger than ever. As we look ahead, we will uphold the common values that define our Organisation: global openness, international co-operation, economic integration, mutual respect and cultural tolerance. We will continue to advance a more inclusive and sustainable growth model that responds to people’s needs.” Angel Gurría, OECD Secretary-General.
The OECD works on finding evidence-based solutions to a range of social, economic and environmental challenges. The OECD Secretary-General's annual report to ministers covers the OECD’s 2018 activities and some 2019 highlights. It describes the OECD’s work on economics, employment, education, the environment, and many other fields in the context of a rapidly changing world. It includes the activities of the Secretary-General and his office, as well as those ofOECD directorates, agencies, special entities and advisory committees. With almost 60 years of experience and insights, the OECD is one of the world’s largest and most trusted sources of comparable statistical data and research. It is also a unique forum and knowledge hub for exchange of experiences, best-practice sharing, and advice on public policies and global standard-setting.
The OECD Secretary-General's annual report to ministers covers the OECD’s 2017 activities and some 2018 highlights. It includes the Secretary-General's activities and those of his office, the OECD’s horizontal programmes and directorate activities, as well as the activities of its agencies, special entities and advisory committees.
For more than 50 years, the OECD has sought to promote better policies for better lives in almost all areas of policy making and implementation through co-operation, dialogue, consensus and peer review. The OECD is one of the world’s largest and most trusted sources of comparable statistical data on economics, trade, employment, education, health, social issues, migration, the environment, and many other fields.