Insurance Contributions since 2023.Moreover,higher revenues from the 2023 increase in the statutory corporate tax rate partly finance the permanent full expensing of investment in place since April 2023.Public spending as share of GDP is around the OECD average but has declined since the global ...
Six percentage points out of the employers’ contribution provides severance insurance which, if utilised, diminishes the pension. That is a significantly higher level of mandated private savings when compared to countries such as Australia and Chile. Sadly, the United States isn’t part of that ...
FATF ANNUAL REPORT 2019-2020 | 19 Risks, Trends & Methods Robust measures to prevent terrorists from abusing non-profit organisations are important. However, the FATF Standards recognise that not all non- profit organisations carry terrorist financing risk. The global COVID-19 crisis highlights how...
The OECD's interim report warned about the severe economic impact of theCOVID-19 pandemic. It forecast a modest upturn in 2021. Prior to the pandemic, the OECD reported on a strengthening global economy. It benefited from robust investment, an uptick in international trade, and higher employmen...
The present study investigates the effect of institution quality, technological innovation, and financial development on environment quality using 37 OECD
insurance industry. For example, in advanced Europe, life insurance premiums have decreased by 1.1% annually over the past 10 years (Swiss Re2020). Furthermore, according to Swiss Re (2018,2019), global life premium growth slowed to 0.8% in 2018 from 1.2% in 2017 (approximately USD 2.7 ...