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TAX: Global standard for automatic exchange of information released

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21 July 2014 Taking an important step towards greater transparency and putting an end to banking secrecy in tax matters, the OECD today released the full version of a new global standard for the exchange of information between jurisdictions. Read more

TRADE: Assessing the policy implications of global value chains

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17 July 2014 Global Value Chains (GVCs) are a dominant feature of the world economy that impact growth, jobs and development, but numerous challenges remain to ensure that all countries and all firms have the opportunity to participate and benefit, according to a new joint report from the OECD, WTO and World Bank Group. Read more

AGRICULTURE: Lower farm prices; livestock and biofuels outpacing crop production

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11 July 2014 The recent fall in prices of major crops is expected to continue over the next two years before stabilising at levels above the pre-2008 period, but markedly below recent peaks, according to the latest Agricultural Outlook produced by the OECD and FAO. Read more

TURKEY: Structural reform needed to promote rule-based business environment

turkey eco survey graph

10 July 2014 Turkey’s economy will grow stronger in the coming years, but remains overly dependent on domestic consumption funded by foreign finance, according to the latest OECD Economic Survey of Turkey. Read more

PISA: Many youth confused by money matters

9 July 2014 The first OECD PISA international assessment of financial literacy reveals that around one in seven students in the 13 OECD participating countries and economies are unable to make even simple decisions about everyday spending, and only one in ten can solve complex financial tasks. Read more

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Focus

OECD Better Life Index

Japanese users of the Better Life Index worry most about safety, Latin Americans strive for better education, and Danes want to be happy – shows a new interactive map based on user indexes. Explore to find out what’s ranking high in your country and share your own!

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