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This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Formative Content 1. Recession not inevitable but economic slowdown is, OECD says The global economy can avoid a recession next year, but the worst energy crisis since the 1970s will trigger a sharp slowdown and […]
This article is brought to you in association with OECD. Life has generally improved for many people in OECD countries over the past 10 years but inequalities persist and insecurity, despair and disconnection affect significant parts of the population, according to a new report. OECD’s latest How’s Life? report says household disposable income per capita has […]
This article is brought to you in association with OECD. Violence in North and West Africa is increasingly targeting civilian and border regions as today’s conflicts involve non-state actors with diverging agendas, according to a new report by the OECD’s Sahel and West Africa Club (SWAC). The report uses granular data to assess the intensity […]
This article is brought to you in association with OECD. Huge changes to the world of work over the past two decades have made little impact on teenagers’ career expectations, which have become more concentrated in fewer occupations, according to a new OECD report. Dream jobs: Teenagers’ career aspirations and the future of work says 47% […]
This article is brought to you in association with OECD. Brazil has identified a clear pathway for bringing its existing transfer pricing framework into alignment with the international consensus, and is weighing two options – immediate or gradual implementation, according to a new joint report by the OECD and Receita Federal, Brazil’s federal revenue authority (RFB). […]
This article is brought to you in association with OECD. The OECD Working Group on Bribery considers that it is ready to conduct the Phase 3 evaluation of the Russian Federation, provided that Russia further aligns its foreign bribery offence with the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (OECD Anti-Bribery […]
This article is brought to you in association with OECD. Rising income inequalities in OECD countries over the past two decades have hit vulnerable children hard, making it less likely they will fulfill their economic and social potential later in life, according to a new OECD report. Changing the Odds for Vulnerable Children: Building Opportunities and […]
This article is brought to you in association with OECD. Trust in governments has recovered to pre-crisis levels and satisfaction with public services has improved, as public sector reforms aimed at making governments more open, accountable and engaged start to bear fruit, according to a new OECD report. Government at a Glance 2019, the sixth edition […]
This article is brought to you in association with OECD. The challenges we face in our era of rapid, disruptive change are daunting, but we are starting to develop the tools, techniques and concepts to meet them, OECD Secretary-General Angel Gurría said. Speaking at a NAEC conference on Averting Systemic Collapse, he said: “Our economic systems […]
This article is brought to you in association with OECD. The international community has made important progress in improving developing countries’ ability to tax multinational enterprises and boost domestic revenue mobilisation. A leading element of international co-operation efforts is the Tax Inspectors Without Borders (TIWB) initiative – a joint OECD/UNDP programme launched in July 2015 to […]
This article is brought to you in association with OECD. The global economy has become increasingly fragile and uncertain, with growth slowing and downside risks continuing to mount, according to the OECD’s latest Interim Economic Outlook. Economic prospects are weakening for both advanced and emerging economies, and global growth could get stuck at persistently low levels […]
This article is brought to you in association with OECD. In the face of rapid population ageing, governments must promote more and better job opportunities at an older age to protect living standards and the sustainability of public finances, according to a new OECD report. Working Better with Age projects that, based on current retirement patterns, […]
This article is brought to you in association with OECD. 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. The Business for Inclusive Growth (B4IG) coalition will […]
This article is brought to you in association with OECD. The Working Group is concerned that Hungary has not commenced any foreign bribery investigations or prosecutions in over nine years since the Phase 3 evaluation of implementation of the OECD Anti-Bribery Convention. However, the companies operating in the country have significant exposure to export-related risks of […]
This article is brought to you in association with OECD. Malaysia’s economic performance has been very successful, but public policy can do more to address social and governance challenges while making growth stronger, greener and more inclusive, according to a new report from the OECD. The latest OECD Economic Survey of Malaysia discusses how boosting productivity and implementing […]
This article is brought to you in association with OECD. Tax-to-GDP ratios increased in the majority of Asian and Pacific economies covered by a new OECD report published today. Nine of the economies in the publication increased their tax-to-GDP ratios between 2016 and 2017, compared with only three in the preceding year, according to Revenue Statistics in […]
This article is brought to you in association with OECD. Japan must step up enforcement of its foreign bribery laws and strengthen the capacities of its law enforcement agencies to proactively detect, investigate and prosecute the foreign bribery offence, according to a new report by the OECD Working Group on Bribery. According to the Working Group, […]
This article is brought to you in association with the European Commission. There is no better place for this year’s G20 Summit than here in Osaka – a vibrant merchant city, known as the ‘Nation’s Kitchen’. As we prepare to discuss the future of the global economy over the next two days, we should inspire ourselves […]
This article is brought to you in association with the European Commission. Countries need to make the teaching profession more financially and intellectually attractive to meet a growing demand across the world for high-quality teachers, according to a new OECD report. Based on the OECD’s Teaching and Learning International Survey (TALIS), the report, Teachers and School Leaders […]
This article is brought to you in association with OECD. Fossil-fuel subsidies are environmentally harmful, costly, and distortive. After a 3 years downward trend between 2013 and 2016, government support for fossil fuel production and use has risen again, in a threat to efforts to curb greenhouse gas emissions and air pollution, and the transition to cleaner […]
This article is brought to you in association with OECD. OECD Secretary-General Angel Gurría and Japan’s Minister of Finance Taro Aso presided today over a signing ceremony to establish a new centre of the OECD International Academy for Tax Crime Investigation in Wako, Japan. The signing, which took place in the margins of the meeting of […]
This article is brought to you in association with OECD. The international community has agreed on a road map for resolving the tax challenges arising from the digitalisation of the economy, and committed to continue working toward a consensus-based long-term solution by the end of 2020, the OECD announced today. The 129 members of the OECD/G20 […]
This article is brought to you in association with OECD. The Latvian economy is thriving, with strong job growth driving convergence with more advanced economies. Efforts should now focus on reducing inequality, responding to the challenges posed by population ageing and making growth stronger, inclusive and greener, according to two new OECD reports. The latest OECD Economic […]
This article is brought to you in association with OECD. Growth in G20 international merchandise trade, seasonally adjusted and expressed in current US dollars, remained weak in the first quarter of 2019. G20 exports rose marginally by 0.4% quarter‑on‑quarter while imports fell by 1.2%. Compared to the third quarter of 2018, when the first round of new tariff measures affecting US-China trade […]
This article is brought to you in association with OECD. OECD and partner countries formally adopted the first set of intergovernmental policy guidelines on Artificial Intelligence (AI) today, agreeing to uphold international standards that aim to ensure AI systems are designed to be robust, safe, fair and trustworthy. The OECD’s 36 member countries, along with Argentina, […]
This article is brought to you in association with OECD. Global growth slowed sharply in late 2018 and is now stabilising at a moderate level. Escalating trade conflicts and dangerous financial vulnerabilities threaten a new weakening of activity by undermining investment and confidence worldwide, according to the OECD’s latest Economic Outlook. The global economy is expected to […]
This article is brought to you in association with OECD. Small and medium-sized enterprises (SMEs) have been a significant driver of employment growth in recent years, mainly through the creation of new firms, including in high-growth sectors such as information and communication technologies (ICT). But the new OECD SME and Entrepreneurship Outlook highlights that most SME […]
This article is brought to you in association with OECD. Rapid economic development and climate change are increasing our vulnerability to natural disasters, and a new joint OECD-World Bank report calls for pro-active management of the financial costs of those disasters before they strike. Released during the annual OECD Forum in Paris, Fiscal Resilience to Natural Disasters estimates that natural […]
This article is brought to you in association with OECD. Governments should treat the opioid epidemic as a public health crisis and improve treatment, care and support for people misusing opioids. Overdose deaths continue to rise, fuelled by an increase in prescription and over-prescription of opioids for pain management and the illicit drugs trade, according to […]
Mr Giuseppe CONTE, Italian Prime Minister. Copyright: European Union Event: Special meeting of the European Council (Art. 50) This article is brought to you in association with OECD. Italy should boost spending and cooperation at national and regional levels as part of broader efforts to help more people into work and reduce the country’s high unemployment […]
This article is brought to you in association with OECD. Governments must urgently step up their efforts to improve their education and training policies to help more people reap the benefits of the digital transformation and to reduce the risk of automation widening inequalities and driving unemployment, according to a new OECD report. The OECD Skills Outlook […]
This article is brought to you in association with OECD. The Mexican economy is expanding at a moderate pace, underpinned by a strong macroeconomic framework and robust exports tied to the country’s deep integration into global value chains. A new strategy is now needed to boost growth, reduce high levels of poverty and inequalities, and improve […]
This article is brought to you in association with OECD. Employment is rising in OECD countries but most jobs continue to be created in relatively low-productivity, low wage activities, says a new OECD report. The latest Compendium of Productivity Indicators says the trend has compounded the impact of generally weak business investment on productivity growth. The […]
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