Visit by German Chancellor Angela Merkel to the OECD
German Federal Chancellor Angela Merkel visited the OECD on 19 February as part of the Organisation’s Leaders’ Programme. Chancellor Merkel had a bilateral meeting with Secretary-General Angel Gurría to discuss the collaboration between the German Government and the OECD.
Read Chancellor Merkel's full speech and watch the webcast of the event here.
Tax: Addressing the hybrids
The global campaign will continue in 2014 to improve international tax rules, many of which were first designed over a century ago, and to make them fit for the era of globalisation and new technologies.
In 2013 policy attention was focused on the problem of profit shifting by global firms and its negative effects on tax bases, with the OECD issuing its widely publicised 15-point Action Plan on Base Erosion and Profit Shifting (BEPS) to leaders at the G20 summit in September.
A key action area in the plan concerns crossborder tax hybrid schemes, with an OECD report due to address the problem in 2014. How do they work?
Taxpayers can sometimes claim a tax deduction for a payment that is either untaxed in the country of receipt of that payment, or for which a deduction has already been claimed in another jurisdiction.
Classrooms need to be places for teaching creativity, as well as basic competence. Can it be done?
Headline economic data
|GDP||+0.6% Q3 2013 (+0.6% Q2 2013)|
|Leading indicators||+0.6% Nov 2013, y/y (+0.4% Oct 2013)|
|Inflation||+1.6% Dec 2013 (+1.5% Nov) annual|
|Unemployment||7.8% Nov 2013 (7.9% Oct 2013)|
Data for OECD area. Latest update: 5 Feb 2014
Databank - Latest quarterly data by country
For details on these and other numbers, click titles or visit www.oecd.org/statistics
GDP, output, inflation, current account, unemployment, interest rates for 40 countries plus euro area, as published in OECD Observer. Just print it out and pin it up.
One of the earliest citations of the phrase “print is dead” comes from the 1984 movie Ghostbusters, but almost 30 years later, print is certainly not dead. Print publishing still drives on average 80% of revenues and close to 100% of the profits for general trade publishers. But among reference and science, technical and medical (STM) publishers, digital publishing was embraced quickly and openly at the expense of print.
Dementia is a devastating condition for which there is no cure available. Care is costly, financially and emotionally. The cost for health systems is likely to rise in ageing societies. The condition damages the brain, and leads to a decline in a person’s functional and cognitive capabilities.
People are by far the most important input when building quality education. So it is little surprise that teachers’ salaries represent the largest single cost item in the labour intensive education system. Salaries and working conditions play an important role in attracting, motivating and retaining skilled teachers. Teachers are the backbone of the education sector which is a crucial determinant of productivity and growth.
OECD Observer Crossword No.4 2013
Click here for other OECD Observer crosswords
Will the world economy brighten in 2014 compared with 2013?