By . Ensuring the benefits of growth are spread widely requires a strong focus on greater convergence of regions in terms of income and well-being. The GDP per capita in the best performing region was around double that in the worst performing region in 2016. Income inequality and poverty rates are also high, with regional differences. More...
By . Spain continues to recover from the economic crisis with strong growth and falling unemployment, as highlighted in the latest OECD Economic Survey of Spain (OECD, 2018). More...
By . Assessing the damage from the Global Financial Crisis (GFC) is not straightforward, even with the benefit of hindsight provided by ten years of history, because the counter-factual of what might have happened in its absence is unknowable. More...
By . Australia’s housing market is a source of vulnerability. Prices have more than doubled in real terms since the early 2000s and household debt has surged. The market has started to cool over the last year, with prices falling most notably in Melbourne and Sydney. More...
By . Australia is a successful economy with high living standards. It has recorded 27 years of uninterrupted GDP growth. Incomes have grown strongly across the entire range of the income distribution and the incidence of both absolute and relative poverty have declined. More...
By . The global economy looks set for a soft landing, with global GDP growth projected to slow from 3.7% in 2018 to 3.5% in 2019-20. However, downside risks abound and policy makers will have to steer their economies carefully towards sustainable, albeit slower, GDP growth. More...
By . La economía mundial está navegando mares agitados. El crecimiento del PIB mundial es fuerte, pero ha alcanzado su punto máximo. En muchos países, el desempleo está por debajo de los niveles anteriores a la crisis de 2008, la escasez de mano de obra se empieza a sentir, aunque la inflación sigue siendo templada. More...
By . The global economy is navigating rough seas. Global GDP growth is strong but has peaked. In many countries unemployment is well below pre-crisis levels, labour shortages are biting and inflation remains tepid. Yet, global trade and investment have been slowing on the back of increases in bilateral tariffs while many emerging market economies are experiencing capital outflows and a weakening of their currencies. More...
School autonomy can mean different things to different people. Policy makers see it as a way to make schools more responsive to local needs and specific contexts. For school heads and teachers, it can mean gaining greater control over the management of the school and its pedagogical direction. Parents, meanwhile, may interpret it as a way to engage more directly in a school’s decision-making processes. More...
Yesterday, representatives from multilateral organisations, civil society, philanthropic foundations and the private sector gathered in Brussels for the Global Education Meeting (GEM) – a conference, convened by UNESCO, that focuses on the most pressing issues facing education today. For the first time since the adoption of the Sustainable Development Goal for Education (SDG 4) in 2015, policy makers and education experts came together to take stock of the progress made towards achieving this goal, and the challenges that remain. More...
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