Country risk classification | OECD
The Participants’ country risk classifications are a fundamental building block of the Arrangement rules on minimum premium rates for credit risk. They are meant to reflect the risk that a country will not be able to repay its external debt. The Participants neither endorse nor encourage their use for any other purpose.
OECD Economic Surveys: Korea 2024
GDP growth in Korea has recovered, supported by strong exports. Employment remains stable at a high level, while unemployment is low. Interest rates have likely peaked and housing prices have stabilised, all of which should support consumption going forward. Household debt remains high, and construction-related project finance has become a financial stability concern. …
Better policies for better lives | OECD
Working with over 100 countries, the OECD is a global policy forum that promotes policies to improve the economic and social well-being of people around the world.
OECD Economic Surveys: Japan 2024
Japan has navigated the dual shock of the pandemic and the energy crisis well. However, significant headwinds from weak global growth, geopolitical tensions and high inflation highlight the importance of enhancing the Japanese economy’s resilience to shocks. In a context of inflation, which has risen above target, and pressures from divergent monetary policy from …
Convention on the Organisation for Economic Co-operation and
The official text of the Convention on the Organisation for Economic Co-operation and Development signed in Paris on 14th December 1960.
PISA 2022 Results (Volume I) | OECD
This is one of five volumes that present the results of the eighth round of assessment, PISA 2022. Volume I, The State of Learning and Equity in Education, describes students’ performance in mathematics, reading and science; examines gender differences in performance; and investigates how performance relates to students’ socio-economic status and immigrant background.
Automatic Exchange of Information - OECD
Automatic Exchange of Information (AEOI) under the Common Reporting Standard (CRS) and the United States Foreign Account Tax Compliance Act (FATCA) involves the exchange of large amounts of information on financial accounts between tax administrations. For the receiving tax administration to be able to use this information effectively requires both the sending …
OECD welcomes Costa Rica as its 38th Member
Today Costa Rica has formally become an OECD Member, the 38th country to do so in the Organisation’s 60-year history.