Angel Gurría re-elected Secretary-General of the OECD

Angel Gurría was re-elected Secretary-General of the OECD, Tuesday 26 May, with a renewed mandate for six years.  

Water can be the source of a brighter future

Water, like air and food, is our life support. It covers about 70% of the surface of our planet. But only 2.5% of it is fresh water, the rest being ocean, with ...

Abenomics’ "third arrow" key to revitalising Japan’s economy

Productivity increases can unlock growth in Japan, the latest OECD economic survey reports.

The opportunities and challenges of greener growth: Getting the whole policy package right

Climate change and, more generally, environmental damage have quantifiable economic and health costs, which weigh on long-term growth and well-being. If left ...

Deflation watch

In October 2014 we wrote that deflationary risks had risen in the euro area and warned of the dangers deflation poses for the economy. Where do we stand now? ...

What we've learned–and have still to learn–from the financial crisis*

Financial crises do more than impose huge costs: they have bigger and more insidious effects. We face big challenges in maintaining the supply of global ...

Mariana Mazzucato: "The Entrepreneurial State: debunking public vs. private sector myths"

Innovation economist Mariana Mazzucato presented her book "The Entrepreneurial State: debunking public vs. private sector myths", at ...

Angel Gurría re-elected Secretary-General of the OECD

Angel Gurría was re-elected Secretary-General of the OECD, Tuesday 26 May, with a renewed mandate for six years.  

UN Secretary General Ban Ki-moon rallies OECD support

“2015 is the most crucial year for humanity”. This is how UN Secretary-General Ban Ki-moon emphasised the need for the UN and the OECD to push for concrete resul ...

News brief April 2015

Global recovery accelerates; Early gender gaps; Soundbites; Economy; Country roundup; Greek prime minister at the OECD; Tax evasion progress; Mental health advice; ...

The Better Life Index has just been released in Italian

The BLI is an interactive online platform that offers important insigh ...

A bright mind and an outstanding policymaker: A tribute to José Mariano Gago

With José Mariano Gago, the world has lost a brilliant scientist and an outstanding policymaker. He did not just decisively shape the policy landscape in Portugal; h ...

We must harness the true strength of migration

Migration is one of the morally, politically, and economically defining issues of the 21st century. Some 25,000 souls have died trying to cross the Mediterranean ...

Life on a planet of 9 billion

Is it possible for 9 billion people to live on this planet and enjoy a good standard of living? And on such a planet, is it possible for economies to grow, businesses ...

Boyan Slat: "How the oceans can clean themselves"

How can we rid the oceans of plastic refuse, which is damaging our planet? Young entrepreneur Boyan Slat may have a solution. He came to discuss his ideas with ...

Ripples from the water-energy-food nexus

In Rule of Experts: Egypt, Techno-Politics, Modernity, Timothy Mitchell tells how in 1942, an epidemic of gambiae malaria in Egypt was caused by a perfec ...

How world trade can spur a recovery

A little over a year ago the OECD and the World Trade Organization (WTO) launched Trade in Value-Added (TiVA), a new database on trade measured in value-added ...

Philanthropy, digital payments and financial inclusion

Access to financing can contribute to inclusive social and economic development. How might digital transactions help? Here’s how.

A big year for development

This will be “the mother of all years for summits on international development,” says Kevin Watkins*, Executive Director of the UK’s Overseas Development Insti ...

Final count

As the dust settles after the UK general election, let’s remember that voting at the ballot box is not an innate right enjoyed by everyone. Indeed, although th ...

Water: Unclogging the finance

How to improve water systems is one challenge; financing them is another. Public authorities in most countries play the main role in implementing and funding ...

Measuring government impact in a social media world

There is hardly a government around the world that has not yet felt the impact of social media on how it communicates and engages with citizens.

Main economic indicators April 2015

Click here for the latest economic indicators by country. 

Doctors at large

People in the OECD area are living longer and healthier lives. Improved lifestyles are one reason, as are better medical treatments. But could the number of doctors ...

Pay gap

Unequal pay between men and women continues to pose problems, despite decades of legislation by governments to address it, like the Equal Pay Act in the United ...

Interactive data 

Bookshop 

Multimedia 

Economic data

GDP : +0.5%, Q4 2014
Employment rate: 65.9%, Q4 2014
Annual inflation : 0.60% Mar 2015
Trade : -3.0% exp, -3.7 imp, Q4 2014
Unemployment : 6.993% Feb 2015
More moderate expansion ahead? Composite leading indicators
Updated: 12 May 2015

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  • More than 35 million young people, aged 16-29, across OECD countries are neither employed nor in education or training according to the newly released OECD Skills Outlook.
  • Have a look at these posters representing a world without fundamental rights at work – including child labour, forced labour and inequality. Read more about this ILO image competition here.
  • Rising inequality threatens social cohesion and growth. Income inequality has reached historical highs in most OECD countries and is still rising.
  • Time to vote! As the dust settles after the UK general election, let’s remember that voting at the ballot box is not an innate right enjoyed by everyone. Indeed, although the number of democracies across the world has spiked from 48 in 1989 up to 95 today, billions of people are still living in non-democratic, authoritarian regimes.
  • How can we achieve a zero-carbon future? A new World Bank report provides a few insights.
  • Today alcohol causes more deaths worldwide than HIV/AIDS, violence and tuberculosis combined. In order to reduce damages to health, the OECD recommends that regular drinkers reduce their consumption by one unit a week, that is, a small glass of wine for example. In addition, increasing prices, regulating advertising, effectively treating drinking problems together with stricter police enforcement would greatly contribute to reducing damages done to individuals and society.
  • video alcohol
  • Africa vs profit shifting African countries heavily rely on the income generated by multinationals’ taxation, which can represent as much as 88% of a country’s tax base. Little wonder Africa is involved in the OECD’s initiative to address tax base erosion caused by profit shifting, known as BEPS. The need to strengthen inter-governmental co-operation to curb cross-border tax losses was reaffirmed at the Africa Tax Administration Forum (ATAF) in Sandton on 21 April 2015.
  • Africa v. profit shifting
  • Rana Plaza
  • Wal-Mart, Other Retailers Sued over Bangladesh Factory Collapse Two years after the April 24, 2013, Bangladeshi factory collapse in the capital of Dhaka, the victims' families filed a lawsuit in U.S. federal court in Washington against Wal-Mart Stores Inc and other U.S.-based companies that sourced out their products from the Rana factory. Read more on Telesur's website.
  • Today, after three years of drought, California is in the midst of a full-blown political and environmental crisis, with restrictions imposed across the state, reports the Financial Times.
  • Lack of water holding back Asian growth In Asia, the world’s most dynamic region with the fastest economic growth, 75% of countries face serious water shortages.
  • ADB water
  • Why is the gap between rich and poor growing despite rises in GDP? Do benefits help? Does aid work? (The Guardian)
  • Greek finance minister Yanis Varoufakis expressed its scepticism towards the Eurozone’s institutions and gave ideas for ways forward. "Greece must become reformable again", Yanis Varoufakis said.
  • Business brief: Israel's water
  • #OECD360: Your country in figures.
  • How to ensure transparency in public procurement? Read Cobus de Swardt's article on OECD Insights.
  • Asia to maintain a strong 6.3% growth rate in 2015 and 2016, according to the Asian Development Bank
  • After three decades of extraordinary economic development, China is shifting to a slower and more sustainable growth path, according to the OECD's latest Economic Survey of China.
  • In pursuit of the American Dream
  • Iceland's strong recovery stems from the good use of its natural resources, the energy sector and tourism according to Peter Dohlman, IMF Mission Chief for Iceland.
  • cyclone
  • Government representatives and experts from around the world are gathering in Japan this week to develop a post-2015 framework for global disaster risk reduction. The World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR) will share expertise at the conference.
  • Switzerland’s recent moves towards greater tax transparency were welcomed by the Global Forum on Transparency and Exchange of Information for Tax Purposes, based at the OECD, as a boost to international efforts to end tax evasion. Work will continue with Switzerland, notably on implementation, in 2015.
  • Help bridge the gap between business integrity policies & practices:participate in this new OECD survey by clicking on the image.
  • What can we do to promote better literacy skills for all? Read Andreas Schleicher's latest blog on oecdeducationtoday.
  • pisa
  • Secretary General Angel Gurría describes the Programme for International Student Assessment (PISA) as a useful tool to enhance educational systems but states that improving a country's ranking should not be a goal per se. Article in Spanish by El País.
  • [VIDEO] Although many countries have made great progress in narrowing gender gaps in education, new challenges are looming.
  • Tim Harcourt Video
  • G20 and Australia: Bestselling economist Tim Harcourt speaks to the BBC about how Australia has gone from "Down Under to Down Wonder".

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