By Magdalena Olczak-Rancitelli. The role of women in the transport sector is something that needs to be addressed. Women account for only 17.5% of the workforce in EU urban public transport for example, and hold less than 10% of technical and operational jobs. In the United States, women comprise only 15% of transport and related occupations and only 4.6% of commercial truck drivers are women. More...
As demands for better human rights reporting grow fast, help is at hand
By Roel Nieuwenkamp. When the OECD Guidelines for Multinational Enterprises were revised in 2011, one of the most important changes was the addition of a new chapter on human rights. Over the four years since that chapter was introduced, ever more companies have begun the journey of conducting human rights due diligence: the process of assessing and addressing their human rights impacts, and tracking and communicating how well they do so. More...
Living on less than two dollars a day: OECD Forum Discovery Lab
At the OECD Forum on 2 June, Xavier Godinot, Delegate for International Affairs of ATD Quart Monde (ATD Fourth World ), and René Locqueneux, a member of this NGO in the north of France, led a lively debate with over 50 Forum participants on living on less than two dollars a day.
(Une version française de l’article est disponible ici). More...
Overcoming Barriers to International Investment in Clean Energy
By Geraldine Ang. Most of us would agree that clean energy is a worthwhile goal, and the world has invested more than $2 trillion on renewable-energy plants in the past decade. In 2014, energy generators added more renewable capacity than even before. But are we doing enough? According to the IEA, cumulative investment in low-carbon energy supply and energy efficiency will need to reach $53 trillion by 2035 to keep global warming to 2°C. More...
The recipe for a better life
By Anthony Gooch. To make a good dish you need more than one ingredient, and this is the same when looking at the quality of people’s lives. It has become clear since the crisis that the sole ingredient of gross domestic product (GDP) as a measure of societal progress is not enough. Governments have to take into account the wide range of factors affecting people’s lives and try to find solutions that spread across many areas of policy. This year’s OECD Forum Investing in the Future People, Planet and Prosperity focusses on essential themes that need to be addressed to create better lives. More...
Investing in infrastructure
By Patrick Love. William Topaz McGonagall is universally acknowledged as the worst poet who ever wrote in the English language, but that didn’t stop him having an intuitive grasp of the economics of infrastructure investment. As he argued in “The Newport Railway” published to celebrate the Tay Bridge and the trains it carried to Dundee. More...
Men are from Earth, so are women
By Patrick Love. I once got corrected by some pedant for talking about a “tennis bat”, so as you may realise, I don’t know much about the sport. But I do like Andy Murray, ever since I saw an interview with him after he’d won some big game that lasted for ages. The journalist mentioned that his mother and girlfriend were in the crowd, and that it must have been really hard for them. More...
Too much money is bad for you
By Patrick Love. Before the recent crisis, the biggest failure of a commercial bank in the UK was the City of Glasgow Bank in 1878. The CGB collapse was due to mismanagement and fraud, and the authorities set up a commission of inquiry that recommended a number of measures to improve corporate governance. No they didn’t. They arrested the bank’s directors and sent them to prison, and corporate governance improved remarkably. More...
Improving the world economy’s B-minus grade
By admin. Global growth will gradually strengthen towards its pre-crisis trend rate by late 2016 as activity becomes more evenly shared across the major economies and overall external imbalances are less marked than in the run-up to 2007, according to the OECD’s latest Economic Outlook. More...
Investing in the future: People, planet, prosperity
By Anthony Gooch. The 2015 OECD Forum comes at key moment in what is proving to be a watershed year. It will be followed by the G7 Summit on 7-8 June, focussing on responsible business conduct and environmental and social conditions along global supply chains. In July, Addis Ababa will play host the third International Conference on Financing for Development which will prepare the ground for the UN Summit in September, where the adoption of the post-2015 development agenda will define a set of Sustainable Development Goals (SDGs). More...