Trade for aid
As efforts to restart the stalled Doha Development Round negotiations intensify, the policy focus on world trade, and, specifically, its relation to development aid and growth in poorer countries, has become more acute. Trade is a powerful engine for economic growth, as the OECD’s founders argued 50 years ago, and, as such, can contribute to reducing poverty. However, efforts to improve trade in developing countries are often hampered by domestic constraints, particularly a lack of adequate economic infrastructures, as well as institutional and organisational obstacles.
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Green house?
How much more would you be willing to pay for renewable energy? Are environmental concerns a factor in how much you use your car? And are you really thinking about the environment when you buy organic food? All these questions, and more, are at the heart of the 2008 survey which forms the basis of Greening Household Behaviour. A part of the OECD’s Green Growth Strategy, this survey covered 10,000 households across ten OECD countries to determine how our day-to-day relationship with the environment may affect reforms, and is due for another round in 2011.
(313 words)Greening the OECD
When it comes to the environment, the OECD does not just tell a good green story to its members; as an institution, we are investing time and resources into practising what we preach. Achieving green growth and moving towards a low-carbon economy requires everyone in society to play their part. The OECD secretariat is no exception.
(773 words)Governments and markets: Time to get serious
How can we all learn from a crisis? Today, we find ourselves in a disappointing, if not altogether unexpected, predicament. The very governments who took bold and decisive action in the period of the financial crisis 2008-09 to bail out banks and keep financial markets alive now find themselves on the receiving end of severe punishment from financial markets. How could this be?
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Microcredit, big future
Microcredit has become a popular way to finance small businesses and local development projects, particularly in poorer countries. Economist, author, founder and first chairman of the European Bank for Reconstruction and Development (EBRD), Jacques Attali is founder of PlaNet Finance, which runs microfinance programmes in over 80 countries. In the run up to the OECD Forum in May 2011 where he is due to speak, Mr Attali talked to the OECD Observer.
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VAT's next half century: Towards a single-rate system?
Like the OECD, VAT has also been around for about 50 years. Is it time to reform some of the older, more unwieldy versions and go for a trimmer, broad-base, standard-rate VAT system instead?
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REUTERS/Daniel Munoz
Bank crisis: Why private creditors should share the burden
The financial crisis has taken a heavy toll on government finances and taxpayers are still footing the bill. Could private investors do more to help out? Mohamed El-Erian, CEO and co-CIO of PIMCO, believes they should. He explains to the OECD Observer.
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Banking on a crisis and on its resolution
The recent financial crisis has left a hole in the public finances of many countries. Yet, with the right preparation, governments may have been better placed to fund that gap. This holds lessons for future crisis resolution strategies.
(1944 words)Building our future together
We are celebrating the OECD’s 50th anniversary during the tail-end of the worst financial and economic crisis of our lifetimes. It’s a good moment to take stock and to ask the right questions. Why couldn’t we avoid the crisis? Were the policies and the policy mix we promoted the right ones, and how can we adjust these polices to new realities? What is more, are we doing enough to prevent another crisis? Are our economic theories, our models and our assumptions still appropriate? How should our organisation’s work be adapted so that we continue fulfilling our founding mission of promoting better policies for better lives?
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Better measures for better lives
The OECD, a pioneer in the quest to measure the progress and well-being of societies, is launching an exciting new initiative, incorporating Your Better Life Index. The initiative is not only a major step forward in assessing people’s true welfare, but involves people in the process too.
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John F. Kennedy’s vision
In his first state of the union address on 30 January 1961, John F. Kennedy saw the newly formed OECD as an organisation that would “provide for the hopes for growth of the less developed lands.” The president expanded on this vision in this statement on the ratification of the OECD, issued on 23 March 1961.
(495 words)How to reform and be re-elected?
“To reform and to perform” is the goal of many a serious politician. It is not an easy task.
(1335 words)Fitted genes
GM crops are a threat to food security rather than a solution to the food crisis. Genetic engineering does not increase yields and GM crops have failed under extreme fluctuations in temperature. Rather than increasing critical biodiversity, genetic engineering puts the world’s natural biodiversity at risk of contamination in an unforeseeable and uncontrolled way. Since 1996, there have been 216 cases of crops being contaminated by GMOs in 57 countries (http:// www.gmcontaminationregister.org). Genetic engineering is also expensive and risky for farmers. Its seeds are subject to patent claims which will indirectly increase the price of food and, as a result, will not alleviate poverty or hunger and pose a threat to food sovereignty.
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Transport drives forward
As we are now beginning to see the signs of a fragile recovery, the 2010 Forum will emphasise the role that innovation must play in the future of the transport sector. Decision-makers, experts and practitioners from all modes will consider the transport systems of tomorrow, the barriers that must be overcome to get there, and the innovative technologies, policies and collaborations needed for success.
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Where's the beef
Despite the global economic slowdown, consumption of meat is projected to grow over the next decade, keeping pace with increases in population and purchasing power in most parts of the world. By 2018, human beings will be eating more than 320 million tonnes of meat a year, up some 20% compared with 2006-08. In developing countries, per capita meat consumption will jump more than 16%, outpacing population growth and rising from 24 kg per person per year today to a projected 27 kg in 2018.
(220 words)Globalisation’s first King
Alex King, a much-admired director of the OECD, passed away on 28 February 2007. He was 98. Now that the OECD has gone “global”, it is worth remembering that Alex King was also the founder, in cooperation with Aurelio Peccei, of the Club of Rome, which first put the spotlight on the crisis of globalisation (notably in a report published in 1972 entitled The Limits to Growth*).
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Do you trust your government?







