For too long, the financial system worked on its own set of principles focused on attracting clients and maximising short-term profits. These principles, growth within a capitalist and closed economy, are no longer suitable in a circular and sharing economy focused on customer needs as well as on environmental, social and governance rules. More...
Governments traditionally use their tax codes to make “tax expenditures” designed to achieve objectives that advance important policy goals or principles. For example, a government may provide a departure from normal tax rules by reducing the capital gains tax and deferring the time for when gains must be reported if a taxpayer invests in certain qualified opportunity zones that are designated low-income communities. More...
As the global community gathers in Argentina to mark the 40th anniversary of the United Nations Conference on Technical Cooperation among Developing Countries, we have an additional opportunity to discuss, debate, and design a reinvigorated international co-operation system. More...
By . With faster growth in the past six years, Japan’s real GDP growth in per capita terms has converged toward the OECD average and job creation has been strong. However, labour productivity and per capita income are well below leading OECD economies (Figure 1), while Japan faces challenges of rapid population ageing and high government debt. More...
By . The 2019 OECD Economic Survey, launched on 9 April 2019 by the OECD Secretary General and the Minister of Finance, points that there is a need to boost growth and ensure that the gains of reforms reach low-income households. More...
By . Although China’s economic growth has slowed, it is still very robust by international standards and contributes to worldwide economic expansion. Consumption is supported by steady employment growth and rising incomes. Households are spending increasingly on items such as e-commerce and shared services. More...
The economies across the Middle East and North Africa (MENA) region are looking to mobilise investment, private sector development and entrepreneurship to support economic growth and employment. More...
International investment, and in particular foreign direct investment, has an important role to play in helping to achieve the Sustainable Development Goals. It can be a powerful international mechanism for mobilising the tangible and intangible assets (such as capital, technology, skills, access to markets) that are essential for sustainable growth and development. More...
Posted by . When it comes to thinking about what makes for excellent vocational education and training (VET), it is hard to overstate the importance of learners spending time in actual workplaces. Work-based learning (WBL) is, of course, fundamental to apprenticeship systems, but it is also essential to high quality school-based programmes. The OECD has consistently argued that WBL should be a mandatory element of school-based VET provision. More...
Nearly 450 participants gathered at the EUA Annual Conference on 11-12 April at the Sorbonne University in Paris to discuss how to drive innovation in and through universities across Europe. More...
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