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This article is brought to you in association with OECD. The global economic expansion appears to have peaked, with diverging growth prospects worldwide and intensifying risks, according to the OECD’s latest Interim Economic Outlook. Economic growth prospects are now slightly weaker across the board than anticipated in May, when the OECD released its latest Economic Outlook. […]
This article is brought to you in association with OECD. The OECD welcomes France’s recently announced plans to increase its foreign aid flows, particularly in the form of grants, and prioritise the most fragile countries, commitmentsthat respond to recommendations made in a new DAC Peer Review of France. The Review, released today after being presented to […]
This article is brought to you in association with OECD. Growth of real gross domestic product (GDP) in the G20 area picked-up marginally to 1.0% in the second quarter of 2018, compared with 0.9% in the previous quarter, according to provisional estimates. GDP growth rebounded in Japan, to 0.7% in the second quarter of 2018, following […]
This article is brought to you in association with OECD. The risk of job automation is much higher in some regions than others within countries, meaning governments will need to address any widening of job inequality between one area and another in the coming years, according to a new OECD report. Job Creation and Local Economic […]
This article is brought to you in association with OECD. Governments need to raise carbon prices much faster if they are to meet their commitments on cutting emissions and slowing the pace of climate change under the Paris Agreement, according to a new OECD report. Effective Carbon Rates 2018: Pricing Carbon Emissions through Taxes and Emissions […]
This article is brought to you in association with OECD. Canada has shown a renewed engagement in global development in the last few years. This now needs to translate into concrete action to increase aid flows and ensure that development co-operation is effective and coherent, according to a new OECD Review. The latest DAC Peer Review […]
This article is brought to you in association with OECD. Social background remains the main factor impacting participation in education and learning, and on economic and social outcomes, according to a new OECD report. Education at a Glance 2018 says that children without tertiary-educated mothers are less likely to be enrolled in early childhood education and […]
This article is brought to you in association with OECD. Countries have used recent tax reforms to lower taxes on businesses and individuals, with a view to boosting investment, consumption and labour market participation, continuing a trend that started a couple of years ago, according to a new report from the OECD. Tax Policy Reforms 2018 […]
This article is brought to you in association with OECD. Finland should offer labour-market-oriented integration support to all migrants, strengthen efforts to identify and address early vulnerabilities, and work more closely with employers according to a new OECD report. Working together – Skills and labour market integration of immigrants and their children finds that, over the last […]
This article is brought to you in association with OECD. Armenia should take vigorous measures to tackle entrenched corruption and widespread conflict of interest, according to a new OECD report. Armenia has continued to reform its anti-corruption legislation and institutions over the past four years. A comprehensive legal framework for the civil service and public service […]
This article is brought to you in association with OECD. A new OECD report, the 2018 Business and Finance Outlook, highlights a number of major risks having the potential to disrupt global economic growth. It notes that the gradual normalisation of monetary policy in an environment of growing debt will be a major test of whether […]
This article is brought to you in association with OECD. Growth in real household income per capita, which provides a better picture of changes in households’ economic well-being than real GDP growth per capita, picked-up to 0.7% in the OECD area in the first quarter of 2018 compared with 0.4% in the fourth quarter of 2017, […]
This article is brought to you in association with OECD. OECD Secretary-General Angel Gurría and Argentina’s Minister of Treasury Nicolás Dujovne presided today over the signing of a Memorandum of Understanding to establish a centre of the OECD Academy for Tax and Financial Crime Investigation in Buenos Aires, Argentina. The signing, which took place in the […]
This article is brought to you in association with OECD. Canada is one of the OECD economies delivering the best outcomes for its citizens, according to a new OECD report presented in Ottawa today by OECD Chief of Staff and G20/G7 Sherpa Gabriela Ramos. Canada scores highly in all dimensions of the OECD’s Better Life Index, […]
This article is brought to you in association with OECD. The OECD area employment rate – the share of the working-age population with jobs – increased by 0.2 percentage point in the first quarter of 2018, to 68.2%, with gains in 28 out of 36 OECD countries. Higher employment rates occurred alongside a higher labour force […]
This article is brought to you in association with OECD. The OECD Economic Survey of the Czech Republic says average living standards are gradually improving, with per capita GDP at 82% of the OECD average in 2017. Growth is projected at 3.8% in 2018 and 3.2% in 2019, with labour shortages contributing to a deceleration from the high […]
This article is brought to you in association with OECD. Policy choices made today can have important positive effects on future living standards, according to new long-term economic scenarios released by the OECD. The Long View: Scenarios for the World Economy to 2060 extends the usual short-run horizon of economic forecasters to better illustrate the potential benefits […]
This article is brought to you in association with OECD. India has made tremendous economic progress since the mid-1990s, raising GDP per capita by more than 5% per year, cutting the incidence of poverty in half, significantly decreasing undernourishment and transforming itself into a major agriculture exporter. For these past successes to continue into the future, […]
This article is brought to you in association with OECD. Poor quality health services are holding back progress on improving health in countries at all income levels, according to a new joint report by the OECD, World Health Organization (WHO) and the World Bank. Today, inaccurate diagnosis, medication errors, inappropriate or unnecessary treatment, inadequate or unsafe […]
This article is brought to you in association with OECD. Lithuania’s economy has grown faster than most other OECD economies over the past 10 years, unemployment continues to fall and public finances have stabilised after a long period of deficits and rising debt. In a new report, however, the OECD says productivity has remained subdued, slowing […]
This story is brought to you in association with the Organization for Economic Cooperation and Development, OECD The OECD Employment Outlook 2018 says that the employment rate for people aged 15-74 in the OECD area (36 countries) reached 61.7% in the OECD area at the end of 2017. For the first time there are […]
This article is brought to you in association with OECD. Hungary has made progress in greening its economy and cutting emissions, but it needs to speed up efforts to replace fossil fuels with renewable energy sources, improve energy efficiency in buildings and promote sustainable transport, according to a new OECD Review. The OECD’s third Environmental Performance […]
This article is brought to you in association with OECD. Economic performance in The Netherlands is vibrant and growth is expected to remain robust, underpinned by sound public finances, healthy job creation and high levels of confidence. The current economic expansion should be used to speed up implementation of reforms to ensure future stability and support […]
This article is brought to you in association with OECD. Most agricultural support policies continue to be poorly aligned with defined objectives, while measures that distort production and trade continue increasing in some countries, according to a new report from the OECD. Agricultural Policy Monitoring and Evaluation 2018 shows that the 51 countries included in the report […]
This article is brought to you in association with OECD. Germany continues to demonstrate a high level of anti-bribery enforcement having prosecuted and sanctioned 328 individuals and 18 companies in foreign bribery cases since 1999. Germany is commended for its focus on holding culpable individuals liable, however, with companies held liable in only a quarter of […]
This article is brought to you in association with OECD. Norway’s law enforcement institutions have demonstrated commitment and ability in combating foreign bribery using a robust legal framework. Its new Penal Code, however, could create obstacles to enforcement by potentially narrowing jurisdiction over foreign bribery committed by Norwegians abroad. In addition, certain aspects of the law, […]
This article is brought to you in association with OECD. Migration flows to OECD countries have dropped slightly for the first time since 2011, with around 5 million new permanent migrants in 2017, down from 5.3 million in 2016. This trend is mainly due to a significant decrease in humanitarian migration as a result of the […]
This article is brought to you in association with OECD. Global trade in fake Italian goods such as luxury handbags, watches, foodstuffs and car parts is taking a bite out of Italy’s economy equivalent to around 1-2% of GDP in terms of lost sales, according to a new OECD report. Trade in counterfeit goods and the […]
This article is brought to you in association with OECD. Short-term prospects for the Korean economy are good, with an uptick in world trade and fiscal policy driving growth, but productivity remains relatively low and the country faces the most rapid population ageing in the OECD area, according to a new report from the OECD. The […]
This article is brought to you in association with OECD. The European economy is growing robustly, helped by accommodative monetary policy, mildly expansionary fiscal policy and the global acceleration. The current economic expansion should be used to speed up implementation of reforms to the euro area architecture and EU policies that would support greater European integration […]
This article is brought to you in association with OECD. Sweden’s efforts to embrace the shift to digital have been a key driver of economic growth in recent years, yet more needs to be done to get remote areas of the country online, bring digital technology to small firms, upgrade skills and meet security and privacy challenges, […]
This article is brought to you in association with OECD. As income inequality has increased since the 1990s, social mobility has stalled, meaning that fewer people at the bottom have moved up while the richest have largely kept their fortunes. This has severe social, economic and political consequences, according to a new OECD report. A Broken […]
This article is brought to you in association with OECD. Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend six to nine months ahead, continue to anticipate stable growth momentum in the OECD area as a whole. Among major OECD economies, the CLI for the United States continues to anticipate […]
