Posted . Rapid technological change – from digitalisation to artificial intelligence, 3D printing and nanomaterials – is transforming the way goods and services are produced and consumed. It will have profound implications for the dynamics of productivity, jobs, investment and trade over the next 10 to 15 years. A new OECD report to G-20 Finance Ministers provides an overview of the implications of the changing world of work for achieving inclusive growth. More...
Posted . In 2016 the Polish government introduced a large new child benefit, called “Family 500+”, with the aim to increase fertility from a low level and reduce child poverty. The benefit is universal for the second and every further child and means-tested for the first child. It more than doubles fiscal support for families, making Poland one of the top spenders in the EU concerning cash transfers for families. More...
Posted . The Polish economy is in a strong position. Economic growth reached 4.6% on average in 2017 and the OECD expects it to continue at around 4% over 2018/19. A good external environment, with a solid recovery in the euro area, and the child benefits introduced in 2016, the “Family 500+” programme, are the main drivers of this strong performance. More...
Posted . Inequality and relative poverty in Israel remain high, particularly among Arab-Israelis and Haredim (Ultra-Orthodox). Israel’s social policy follows a “welfare-to-work” approach to tackle poverty in order to avoid measures that may harm work incentives among the Haredi, who value the time dedicated to religious studies, and the Arabs, who have cultural barriers to female employment. The government’s strategy of encouraging employment among previously non-working families has met with substantial success. The Israeli labour market has improved markedly, and more and more Haredim and Israeli-Arabs have been able to find jobs. Moreover, the average real income of poor households has risen by almost 3% annually in the last six years, while the average annual real income of wealthier households has increased by only 2.2%. More...
By . From 6-9 March 2018, the OECD is host to ‘Fearless Girl’, a casting of the diminutive and plucky bronze statue that’s been staring down the 3-ton ‘Charging Bull’ on Wall Street since International Women’s Day last March. Fearless Girl was conceived by asset manager State Street Global Advisors and its advertising agency McCann to ignite a conversation on women in corporate leadership—and to signal the launch of State Street’s index fund based on gender-diverse companies (trading symbol: SHE). More...
By . Today, many development agendas include strategies designed to encourage financial inclusion. Despite efforts, many people in the world today are excluded from the formal financial sector, more so in developing countries. According to the Global Findex Database, around 56% of adults in the world saved a certain amount of money between 2013 and 2014, while only 27.4% saved in a formal institution. More...
By . 2018 is shaping up to be a significant year for integrity and anti-corruption. Several global events, including those hosted by OECD, Transparency International (TI) and the Open Government Partnership (OGP), will allow governments, business and civil society to explore, showcase and shape the debate on integrity reform and innovation. More...
For the past decades, policymakers and development practitioners have clung to the idea that “good governance” is the solution to poverty. If only poor countries could eradicate corruption, enforce laws, hold leaders accountable and achieve a checklist of best practices, their economic and social problems would be resolved. More...
The increasing exposure of people to disaster worldwide was a key issue during last week’s World Water Forum in Brasilia. By 2050, almost 2 billion people in the world will be at risk of floods. At the same time, between 5 and 6 billion people might live in areas that will be water-scarce. More...
We cannot hope to achieve the Sustainable Development Goals and build the more peaceful, inclusive and prosperous — the better — world they envision without engaging people everywhere and inspiring them to take concrete action. The 2030 Agenda for Sustainable Development states that it is “of the people, by the people, and for the people.” But, so far “the people” do not seem to be aware of it. More...
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