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Economy


  • 18-May-2021

    English

    Policy brief on e-learning and digital business diagnostic tools for entrepreneurs

    This policy brief discusses recent international policy experiences in developing e-learning and digital business diagnostic tools for entrepreneurs. E-learning tools can develop entrepreneurial knowledge, skills and competences among users and increase their confidence and success in business creation. Business diagnostic tools offer entrepreneurs ways to assess their business management practices against peer companies or good practices, building competence and diffusing good practice. This brief sets out considerations for the successful development and implementation of these tools. It presents eight international cases of tools and discusses the public policy lessons from these international experiences.
  • 17-November-2020

    English

    The impact of COVID-19 on SME financing - A special edition of the OECD Financing SMEs and Entrepreneurs Scoreboard

    The COVID-19 crisis has had a profound impact on SME access to finance. In particular, the sudden drop in revenues created acute liquidity shortages, threatening the survival of many viable businesses. The report documents an increase in demand for bank lending in the first half of 2020, and a steady supply of credit thanks to government interventions. On the other hand, other sources of finance declined, in particular early-stage equity. This paper, a special edition of Financing SMEs and Entrepreneurs, focuses on the impacts of COVID-19 on SME access to finance, along with government policy responses. It reveals that the pre-crisis financing environment was broadly favourable for SMEs and entrepreneurs, who benefited from low interest rates, loose credit standards and an increasingly diverse offer of financing instruments. It documents the unprecedented scope and scale of the policy responses undertaken by governments world-wide, and details their key characteristics, and outlines the principal issues and policy challenges for the next phases of the pandemic, such as the over-indebtedness of SMEs and the need to continue to foster a diverse range of financing instruments for SMEs.
  • 14-April-2020

    English

    Synthesising good practices in fiscal federalism - Key recommendations from 15 years of country surveys

    The design of intergovernmental fiscal relations can help to ensure that tax and spending powers are assigned in a way to promote sustainable and inclusive economic growth. Decentralisation can enable sub-central governments to provide better public services for households and firms, while it can also make intergovernmental frameworks more complex, harming equity. The challenges of fiscal federalism are multi-faceted and involve difficult trade-offs. This synthesis paper consolidates much of the OECD’s work on fiscal federalism over the past 15 years, with a particular focus on OECD Economic Surveys. The paper identifies a range of good practices on the design of country policies and institutions related strengthening fiscal capacity delineating responsibilities across evels of government and improving intergovernmental co-ordination.
  • 22-August-2019

    English

    Top global firms commit to tackling inequality by joining Business for Inclusive Growth coalition

    A group of major international companies has pledged to tackle inequality and promote diversity in their workplaces and supply chains as part of an initiative sponsored by the French Presidency of the G7 and overseen by the OECD.

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  • 17-July-2019

    English

    G7 Finance Ministers and Central Bank Governors Meeting: Sequence 1: Addressing risks in the global economy and the financial systems

    The global economy is in a fragile spot. Our latest Economic Outlook projected global GDP growth to slow down to 3.2% this year and improve only to 3.4% in 2020, against a projection of 4% growth a year ago. Across all G7 economies, growth is projected to be lower this year than in 2018.

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  • 16-July-2019

    English

    Mr. Angel Gurría, Secretary-General of the OECD, at G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, 17-18 July 2019

    Mr. Angel Gurría, Secretary-General of the OECD, will participate in the G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, on 17-18 July 2019.

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  • 9-April-2019

    English

    Further reforms in France can drive growth, improve public finances and boost social cohesion

    The French economy has slowed, with weaker growth and employment prospects weighing on living standards and well-being. Policy should focus on long-term strategies to revitalise growth, improve public finances, create more and better jobs and ensure a more inclusive and cohesive society, according to a new report from the OECD.

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  • 14-February-2019

    English

    OECD Global Parliamentary Network “Restoring Citizens’ Trust through Sound Policy Actions”

    We are here to share ideas and solutions for some of the most fundamental needs and rights of our citizens, the citizens that you, the lawmakers, serve and represent. Challenges like Housing; Energy; Rights in the digital age; Trust; and, the Integrity of elections, of governments, of institutions, will be on the agenda. How timely. How urgent. How pertinent

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  • 7-November-2018

    English

    Achieving responsible, effective and inclusive multilateralism

    The rising tide of protectionist measures, which we are witnessing, is harmful and costly. Recent OECD data has estimated that each dollar of new tariffs costs global households 40 cents, while each dollar of tariff reduction adds 90 cents to global household incomes.

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  • 8-February-2018

    English

    OECD Global Parliamentary Network: Multilateralism - Bridging Divides

    International co-operation between Parliamentarians is vital in these challenging times. Many citizens are questioning the value of openness, the multilateral system and even the functionality of our political institutions and democracy itself.

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