11 April 2014
Personal income tax has risen in 25 out of 34 OECD countries over the past three years, as countries reduce the value of tax-free allowances and tax credits and subject higher proportions of earnings to tax, according to new data in the annual Taxing Wages publication.
8 April 2014
Development aid rose by 6.1% in real terms in 2013 to reach the highest level ever recorded, despite continued pressure on budgets in OECD countries since the global economic crisis. Donors provided a total of USD 134.8 billion in net official development assistance (ODA), marking a rebound after two years of falling volumes.
4 April 2014
Japan joined the OECD in 1964, the same year it hosted the summer Olympic Games in Tokyo. OECD membership signalled Japan’s successful transition into a fully industrialised economy, Foreign Minister Fumio Kishida writes on the 50th anniversary of his country’s accession.
10 April 2014
Colombia’s rich natural heritage as one of the world’s most bio-diverse countries is coming under increasing pressure from extractive industries, livestock grazing, urbanisation and car use, according to a new OECD report.
3 April 2014
Action taken by many European countries to return their public finances to health are beginning to pay off, says the OECD. The Euro area economies which emerged from the crisis with serious current account deficits are now in surplus. Debt-to-GDP ratios are stabilising and market tensions have abated.