This article is brought to you in association with OECD. Better measurement of the economy and of people’s well-being could have led governments to respond more strongly to mitigate the damage caused by the 2008 financial crisis and reduce people’s continuing loss of trust in public institutions, according to a new report. Beyond GDP: Measuring What […]New report says better metrics could have prompted stronger response to the crisis
November 27, 2018 by Leave a Comment
This article is brought to you in association with OECD. Better measurement of the economy and of people’s well-being could have led governments to respond more strongly to mitigate the damage caused by the 2008 financial crisis and reduce people’s continuing loss of trust in public institutions, according to a new report. Beyond GDP: Measuring What […]Global growth is slowing amid rising trade and financial risks
November 21, 2018 by Leave a Comment
This article is brought to you in association with OECD. Global economic growth remains strong but has passed its recent peak and faces escalating risks including rising trade tensions and tightening financial conditions, according to the OECD’s latest Economic Outlook. Growth forecasts for next year have been revised down for most of the world’s major economies. […]OECD, BSR and Danone launch 3-year initiative to strengthen inclusive growth through public-private collaboration
November 13, 2018 by Leave a Comment
This article is brought to you in association with OECD. Business and government should work more closely together to reduce inequality and foster inclusive growth. To help achieve this, at the Paris Peace Forum, Gabriela Ramos, OECD Chief of Staff, G7/G20 Sherpa and leader of the OECD’s Inclusive Growth Initiative, and Emmanuel Faber, Chairman & CEO […]Donor countries need to reform development finance to meet 2030 pledge
November 13, 2018 by Leave a Comment
This article is brought to you in association with OECD. External finance to poor countries is declining, despite a promise by the international community three years ago to increase development finance flows, in particular through private investment, according to a new OECD report. The Global Outlook on Financing for Sustainable Development 2019 shows there was a […]Stopping antimicrobial resistance would cost just USD 2 per person a year
November 12, 2018 by Leave a Comment
This article is brought to you in association with OECD. Superbug infections could cost the lives of around 2.4 million people in Europe, North America and Australia over the next 30 years unless more is done to stem antibiotic resistance. Yet, three out of four deaths could be averted by spending just USD 2 per person […]More needs to be done to bridge the digital gender divide
October 31, 2018 by Leave a Comment
This article is brought to you in association with OECD. Barriers to access, education and skills, as well as ingrained socio-cultural biases, are driving a digital gender divide that is holding back women’s participation in the digital economy, according to a new OECD report. Bridging the Digital Gender Divide: Include, Upskill, Innovate says women are not […]Korea should improve the quality of employment for older workers
October 25, 2018 by Leave a Comment
This article is brought to you in association with OECD. Korea should reform its employment regulations and improve social protection in order to make work more rewarding for older workers and tackle old-age poverty, according to a new OECD report. Working Better with Age: Korea says that workers aged 50-75 years are more likely to work […]Educational disadvantage starts from age 10
October 25, 2018 by 1 Comment
This article is brought to you in association with OECD. The academic performance gap between advantaged and disadvantaged children develops from as early as 10 years old and widens throughout students’ lives, according to a new OECD report. Equity in Education: Breaking down barriers to social mobility finds that, on average across OECD countries with comparable […]Raw materials use to double by 2060 with severe environmental consequences
October 23, 2018 by Leave a Comment
This article is brought to you in association with OECD. The world’s consumption of raw materials is set to nearly double by 2060 as the global economy expands and living standards rise, placing twice the pressure on the environment that we are seeing today, according to a new OECD report. A preview of The Global Material […]Tax Inspectors Without Borders making significant progress toward strengthening developing countries’ ability to effectively tax multinational enterprises
October 4, 2018 by Leave a Comment
This article is brought to you in association with OECD. An innovative international co-operation initiative that deploys qualified experts in developing countries to strengthen their ability to effectively tax multinational enterprises has achieved significant milestones over the past year, according to a new annual report. Tax Inspectors Without Borders, a joint initiative of the […]OECD Secretary-General Gurría welcomes announcement of new trade agreement between the US, Mexico and Canada
October 3, 2018 by Leave a Comment
This article is brought to you in association with OECD. OECD Secretary-General Angel Gurría has welcomed the announcement of a new, modernised United States-Mexico-Canada Agreement. “The OECD has long supported open markets for trade and investment as a crucial driver of economic growth and jobs”, Mr. Gurría said. “Today’s announcement supports strong growth and good jobs […]Global leaders and companies pledge to reduce the gender pay gap by 2030
October 1, 2018 by Leave a Comment
This article is brought to you in association with OECD. Today, global leaders from governments, private sector companies, trade unions and civil society pledged to take concrete action towards closing the gender pay gap by 2030. The global commitments – to ensure women in every sector of the workforce are paid equally to men for doing work […]Global leaders and companies pledge to reduce the gender pay gap by 2030
September 27, 2018 by Leave a Comment
This article is brought to you in association with OECD. Today, global leaders from governments, private sector companies, trade unions and civil society pledged to take concrete action towards closing the gender pay gap by 2030. The global commitments – to ensure women in every sector of the workforce are paid equally to men for doing work […]OECD sees global growth moderating as uncertainties intensify
September 24, 2018 by Leave a Comment
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. […]OECD welcomes French plans to increase and better target foreign aid
September 24, 2018 by 1 Comment
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 […]Few countries are pricing carbon high enough to meet climate targets
September 20, 2018 by Leave a Comment
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 […]Canada needs to increase foreign aid flows in line with its renewed engagement
September 17, 2018 by Leave a Comment
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 […]Tax reforms accelerating with push to lower corporate tax rates
September 6, 2018 by Leave a Comment
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 […]Armenia should take vigorous measures against entrenched corruption
September 5, 2018 by Leave a Comment
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 […]Financial system risk is elevated and global standards are essential in managing cross-border infrastructure investment
September 3, 2018 by Leave a Comment
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 […]OECD economic scenarios to 2060 illustrate the long-run benefits of structural reforms
July 13, 2018 by Leave a Comment
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 […]
India’s agro-food sector has made strong progress, but a new policy approach is needed to meet future challenges, says new report by OECD and ICRIER
July 9, 2018 by Leave a Comment
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, […]Low quality healthcare is increasing the burden of illness and health costs globally
July 9, 2018 by Leave a Comment
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 […]Reforms in Lithuania are reinforcing economic growth but boosting productivity is still a challenge
July 9, 2018 by Leave a Comment
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 […]OECD: Rising employment overshadowed by unprecedented wage stagnation
July 5, 2018 by Leave a Comment
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 […]Hungary has made progress on greening its economy and now needs to raise its ambitions
July 3, 2018 by Leave a Comment
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 […]More progress needed on reducing and redesigning agricultural support policies
June 27, 2018 by Leave a Comment
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 […]Countries should focus on labour market policies to help refugees and improve coordinated actions to tackle illegal immigration
June 21, 2018 by Leave a Comment
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 […]Further reforms needed for a stronger and more integrated Europe
June 19, 2018 by Leave a Comment
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 […]Action needed to tackle stalled social mobility
June 15, 2018 by 1 Comment
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 […]Deeper reforms in Germany will ensure more inclusive and sustainable growth
June 12, 2018 by Leave a Comment
This article is brought to you in association with OECD. The German economy is undergoing a robust expansion, with record-low unemployment and real wage gains underpinning domestic demand while strong exports are driving business investment. The strong fiscal position will offer opportunities for funding structural reforms and public investment to meet future challenges, according to a […]Slight easing of G20 GDP growth in first quarter of 2018
June 12, 2018 by Leave a Comment
This article is brought to you in association with OECD. Growth of real gross domestic product (GDP) in the G20 area eased slightly to 0.9% in the first quarter of 2018, from 1.0% in the previous quarter, according to provisional estimates. GDP contracted by 0.5% in South Africa (following growth of 0.8% in the previous quarter) […]“We need to use the momentum globally to ensure that corporations pay their fare share of taxation”, EU Commissioner Valdis Dombrovskis outlines from the World Economic Forum 2017.
January 25, 2017 by Leave a Comment
At the third day of the World Economic Forum 2017 in Davos, the session “Taxation without Borders: A Fair Share from Multinationals” took place where tax-base erosion and profit shifting policies were discussed in view of the Panama Papers and the fact that countries lose tones of money when multinationals implement such strategies. Emerging countries […]
