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  • 13-March-2024

    English

    Financing SMEs and Entrepreneurs 2024 - An OECD Scoreboard

    Since 2020, a series of shocks to the global economy has had significant impacts on small and medium-sized enterprises (SMEs) and entrepreneurs and their access to finance. Most recently, significant inflationary pressures have led to tighter lending conditions, limiting the flow of finance to SMEs and acting as a barrier to investment. Financing SMEs and Entrepreneurs 2024: An OECD Scoreboard monitors SME and entrepreneurship financing trends, conditions and policy developments in close to 50 countries. It documents a strong increase in the cost of SME financing in 2022, alongside a significant decline in SME lending. Equity finance also fell sharply in 2022, after a year of historically high growth in 2021. Women-led and minority-owned businesses, which typically find it more difficult to access venture capital financing, were affected disproportionately. Against this backdrop, the Scoreboard highlights the recent measures governments have taken to support SME access to finance, including finance for the green transition. A continued focus on diversifying financial sources and instruments will be important to meet the different needs of all types of SMEs and entrepreneurs, and enable them to act as an engine of resilient, sustainable and inclusive growth.
  • 12-March-2024

    English

    Stronger institutions and public finances would help boost productivity, growth and incomes for Romania

    Romania’s economy has performed well in recent years, driving living standards higher and supporting convergence with OECD countries, but high inflation has put a drag on households’ purchasing power, according to the latest OECD Economic Survey of Romania.

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  • 6-March-2024

    English

    Boosting competition, strengthening public finances and reforms to education will help to put Hungary on a stronger growth path

    Hungary’s economy recovered strongly from the COVID-19 pandemic before dipping into a mild recession as high inflation eroded households’ purchasing power and high interest rates and low confidence dampened investment, according to the latest OECD Economic Survey of Hungary released today.

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  • 6-March-2024

    English

    Consumer Prices, OECD - Updated: 6 March 2024

    OECD headline inflation slows to 5.7% in January 2024

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  • 29-February-2024

    English

    OECD appoints Alvaro Santos Pereira as Chief Economist

    Alvaro Santos Pereira has been appointed as the next Chief Economist of the OECD, starting on 1 June 2024.

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  • 23-February-2024

    English

    Reforms to boost productivity and private investment would help secure stronger growth, more high-quality jobs and increased living standards in Egypt: OECD

    Renewed reform efforts helping to boost private sector activity and investment would help boost growth, which is currently slowing amid high domestic inflation, and would support the creation of more high quality jobs, according to a new OECD report.

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  • 21-February-2024

    English

    GDP Growth - Fourth quarter of 2023, OECD

    OECD GDP grows by 0.4% in the fourth quarter of 2023

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  • 7-February-2024

    English

    Consumer Prices, OECD - Updated: 7 February 2024

    OECD headline inflation edges up to 6.0% in December 2023

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  • 5-February-2024

    English

    Growth continuing at a modest pace through 2025, inflation declining to central bank targets

    Global growth is holding up, while the pace of growth remains uneven across countries and regions, and inflation is still above targets, according to the OECD’s latest Interim Economic Outlook.

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  • 22-January-2024

    English

    Italy should boost investment, strengthen ongoing civil justice and competition reforms, and tackle public debt

    Italy’s economy has weathered recent crises successfully but is now slowing amid tightening financial conditions. To secure strong and sustainable growth over the long term, Italy should focus policy action on improving the business environment and competition, strengthening public finances and promoting the green transition.

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