European Year of Cultural Heritage 2018
Join us in 2018 for the European Year of Cultural Heritage, an unprecedented year of events and celebrations.
Cultural heritage is the fabric of our lives and societies. It surrounds us in the buildings of our towns and cities and is expressed through natural landscapes and archaeological sites.
It is not only made up of literature, art and objects but also by the crafts we learn, the stories we tell, the food we eat and the films we watch.
Cultural heritage brings communities together and builds shared understandings of the places we live in. The digital world too, is transforming the way we access heritage. More...
The lost secret of aid efficiency
In 1963 John Pincus of the RAND Corporation suggested redefining aid to reduce all forms of aid to their value as grant or subsidy, and in 2014 the OECD’s Development Assistance Committee (DAC) agreed to his suggestion. More...
Bridging the green investment gap in Latin America: what role for national development finance institutions?
The developing world urgently needs more and better infrastructure. Affordable and accessible water supply systems, electricity grids, power plants and transport networks are critical to reducing poverty and ensuring economic growth. The way new infrastructure is built over the next 10 years will determine if we meet the Sustainable Development Goal (SDGs) and the Paris Agreement objectives. More...
Italy: no country for young people?
Posted by . Nearly one-third of all jobs held by young people in Italy were destroyed during the recession. Young people were hit hard – harder than their elders – probably because they were more likely to hold temporary jobs (easier to terminate) at the time of the crisis, and/or were new entrants to the labour market at a time when firms were not hiring. More...
Getting skills right in the United Kingdom
Posted by . The United Kingdom has enjoyed record-high employment levels in recent years and one of the lowest unemployment rates among OECD countries. However, labour productivity growth, which is closely linked to the use of skills, remains weak. This has been translated into weak growth in wages. Job prospects of many adults are also hurt by their poor literacy and numeracy skills. More...
Getting skills right in South Africa
Posted by . South Africa has suffered from persistently high unemployment and low labour force participation rates. The resulting under-use of skills is a waste of valuable productive resources and is likely to lead to skills depreciation and obsolescence. Not having the right skills in the first place is also hampering many South Africans from entering the labour market or progressing to more stable, better paid jobs. More...
Getting the most out of Fintech in Estonia
Posted . Pioneers of the Estonian Fintech need a fair level playing field. Estonia, at the forefront of alternative finance should seize the moment to set framework conditions right. More...
Zombie firms and weak productivity: what role for policy?
Posted . Weak productivity growth is a major problem afflicting our societies. It curbs growth in incomes and endangers the sustainability of our social security systems. An important, but often ignored, source of the productivity slowdown is the increasing prevalence of weakly productive firms and, among them, “zombie firms” – i.e. firms that would typically exit or be forced to restructure in a competitive market. In this context, a new OECD study shows that this prevalence is closely related to weaknesses in the banking system and insolvency regimes. More...
Brighter futures or dashed expectations? The global recovery needs to deliver gains for all
Posted . Global growth has gained momentum in 2017 and the economic recovery is moving forward, as shown in our latest Economic Outlook. Labour productivity is improving from its decade-long sluggishness. Yet, expected productivity gains still lag far behind pre-crisis norms, and will not be sufficient to set the stage for long-term improvements in living standards. More...