Browse by: "F"

This report discusses the background for improving financial literacy in Greece, as part of a larger project to develop a Greek national financial literacy strategy. It presents the stakeholders directly involved with or interested in financial literacy, and analyses the financial literacy initiatives currently implemented in the country.

This report presents the results of two surveys that assessed the level of financial literacy among Greek adults and high-school students. As part of a larger project to develop a Greek national financial literacy strategy, this report contributes to the body of evidence and analysis required for developing the national strategy.

This report examines the financial literacy needs of migrants and their families in the six CIS/Eurasian economies participating in the Project on Financial Education in the CIS/Eurasia: Armenia, Azerbaijan, Belarus, Kazakhstan, the Kyrgyz Republic and Tajikistan. It addresses the issues in the context of the Sustainable Development Goals (SDGs) and compares these countries against the background of global migration trends and data.

This report provides an overview of financial literacy - Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyz Republic, Tajikistan, Uzbekistan and the Russian Federation.This is the second wave of financial literacy surveys conducted by the OECD in the CIS countries. It contains a comprehensive section on financial resilience defined by four clusters of financial behaviours and attitudes.

Rapid globalisation has brought substantial benefits to developing Asia, but it has also heightened the risks associated with policy mistakes, weak financial institutions, and problems in corporate and public governance. The 1997 Asian crisis has demonstrated the urgent need to rethink the sequencing and comprehensiveness of financial liberalisation. Would further opening of Asia's financial systems be helpful or counterproductive in fostering financial stability? What structural reforms do emerging economies need to undertake to ensure that capital inflows are transformed into productive investment? Which regulatory and other requirements would have to be attached to further financial liberalisation? And what role should international organisations and the private sector play in crisis resolution?
This volume seeks to provide answers to these questions by discussing the roots of the Asian financial crisis and suggesting some constructive approaches to crisis resolution. It was produced jointly by the Asian Development Bank and OECD Development Centre based on their fourth joint annual Forum on Asian Perspectives.

Australia requires a strong system of adult learning to position firms and workers to succeed as skill demand changes. The country has scope to improve the coverage and inclusiveness of its adult learning system as coverage has declined since 2012, and several vulnerable groups are under-represented. Financial incentives, if carefully designed, can raise participation in adult learning by addressing cost and time barriers. This report summarises the advantages and disadvantages with various financial incentives to promote adult learning based on international and Australian experience. Drawing from these insights, as well as analysis of individual and firm-level barriers, the report provides policy recommendations for how Australia could reform its financial incentives to boost participation.

The present report examines how governments use financial incentives to promote a better alignment between labour market needs, on the one hand, and the supply of skills, on the other. In doing so, it identifies: i) innovative models that countries may be interested in learning from; ii) best practice in the design and use of financial incentives; iii) framework conditions for their effective use; and iv) limitations and risks in the use of financial incentives.

Are tax incentives the best way to encourage people to save for retirement? This publication assesses whether countries can improve the design of financial incentives to promote savings for retirement. After describing how different countries design financial incentives to promote savings for retirement in funded pensions, the study calculates the overall tax advantage that individuals may benefit from as a result of those incentives when saving for retirement. It then examines the fiscal cost of those incentives and their effectiveness in increasing retirement savings, and looks into alternative approaches to designing financial incentives. The study ends with policy guidelines on how to improve the design of financial incentives to promote savings for retirement, highlighting that depending on the policy objective certain designs of tax incentives or non-tax incentives may be more appropriate.

This publication provides an overview of the recent trends and developments in financial education policies and programmes in Europe.  It describes the status of national strategies for financial education and various financial education programmes targeting a variety of audiences and through a variety of delivery channels. Based on the analysis of these initiatives, the report offers policy and practical suggestions for European policy makers and other stakeholders.

This report sets out key findings, conclusions and policy considerations relating to financial consumer protection approaches in response to the issues associated with ageing populations. It sets out detailed analysis of inputs provided by members of the G20/OECD Task Force on Financial Consumer Protection and the International Financial Consumer Protection Organisation (FinCoNet). This report is a complementary piece to the G20 Fukuoka Policy Priorities on Ageing and Financial Inclusion, produced by the GPFI and the OECD for the Japanese G20 Presidency 2019 and published in June 2019.

Given the increasingly digital environment for financial products and services, now further accelerated by responses to the COVID-19 pandemic, and the potential for digitalisation to support greater financial inclusion and inclusive growth, effective financial consumer protection is more important than ever. It is equally important that the policies and approaches developed and adopted by financial consumer protection authorities evolve and adapt in line with the changing environment.

The OECD reviews national and sector-specific public procurement regimes, to guide and support countries in combatting collusive practices. This review analyses the procurement practices in Argentina's in the public works sector to help the country step up its fight against bid rigging.

This report reviews the procurement practices of Ukrenergo within the context of applicable Ukrainian procurement law. It provides a series of recommendations to Ukrenergo on how to improve tender design to prevent bidder collusion and increase competition, and on how to better detect bidder collusion and report this to the competition authority. This report is part of the OECD project on “Supporting the Energy Sector Reform in Ukraine”. In this context, the OECD assessed the procurement practices of the Ukrainian state-owned energy company Ukrenergo against the OECD Recommendation on Fighting Bid Rigging in Public Procurement.

This report assesses Croatia’s legal and policy framework for fighting transnational bribery based on the criteria applied to countries seeking accession to the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. The report analyses Croatia’s criminal legislation and sanctions applicable to individuals and legal entities that commit bribery. It also examines Croatia’s track record in the investigation and prosecution of corruption offences and the overall enforcement framework. Rules on international co-operation, such as mutual legal assistance and extradition, and the non-tax deductibility of bribes are also examined. For each area of analysis, the report identifies areas for improvement and provides recommendations.

This book presents the outcomes of a review of legal and institutional frameworks for fighting corruption in Ukraine, which was carried out in the framework of the Anti-Corruption Network for Transition Economies based at the OECD. The review examined national anti-corruption policy and institutions currently in place in Ukraine, national anti-corruption legislation, and preventive measures to ensure the integrity of civil service and effective financial control.  This publication contains the recommendations as well as the full text of the self-assessment report provided by the government of Ukraine.

This book presents the outcomes of a review of legal and institutional frameworks for fighting corruption in Tajikistan, which was carried out in the framework of the Anti-Corruption Network for Transition Economies based at the OECD. The review examined national anti-corruption policy and institutions currently in place in Tajikistan, national anti-corruption legislation, and preventive measures to ensure the integrity of civil service and effective financial control.   This publication contains the recommendations as well as the full text of the self-assessment report provided by the government of Tajikistan.