Financial and commodity markets have been impacted by high inflation and a deteriorating growth outlook. The necessary tightening of monetary policy has cascaded through markets, contributing to rising yields, significant asset price corrections, and rising debt costs for sovereigns, households...

This report presents recent capital flow developments during the COVID-19 crisis and serves as a background paper to the G20 International Financial Working Group meeting on 24 June 2020, Part I - Addressing the situation created by a historic level of capital outflows and restoring sustainable...

Blockchain technology is expected to drive digital transformation in the way businesses, governments and societies interact in the years ahead, including at an international level. This paper considers current and emerging uses of blockchain to strengthen beneficial economic ties between...

Open finance enables the sharing of, and access to, financial sector data. This paper analyses the benefits, risks and implementation challenges of Open finance and provides policy recommendations for the safe and successful implementation of such data-sharing frameworks in finance. It considers...

The economic consequences of the COVID-19 crisis, particularly for fragile countries, have renewed focus on debt transparency, prompting international organisations and national authorities to step up their efforts to improve the consistency, comparability, scope and frequency of debt...

This report examines institutional investor participation in markets for digital assets, including crypto-assets and decentralised finance (DeFi). It considers and tests potential drivers of growing supply and demand for such assets by institutional investors, analyses the potential for...

Drawing on data from the OECD’s Programme for International Students Assessment (PISA), this report examines the performance of students with immigrant backgrounds and compares it to that of their native counterparts. As well as providing information on countries’ approaches to the...

In this report, the OECD and UNESCO Institute for Statistics have broadened PISA’s coverage to include eleven countries that recently joined the program: Albania; Argentina; Bulgaria; Chile; Hong Kong, China; Indonesia; Israel; FYR Macedonia; Peru; Romania and Thailand. Besides a wider geographic...