20-September-2014
English
Policy has generated plenty of financial risk taking on the part of institutional and other investors, but the greatest paradox today is the decoupling between this, on the one hand, and ‘the great hesitation’ of companies to invest in real projects, and most notably in the area of infrastructure, on the other.
20-September-2014
English
The global economy is continuing to expand at a moderate and uneven pace. The tepid rate of growth means that a substantial degree of labour market slack remains, especially in the euro area, and world trade growth remains sluggish. The OECD has identified more than 980 structural reform commitments made by G20 members in their revised Growth Strategies.
20-September-2014
English
International tax evasion and avoidance has been a headline issue for more than 5 years. In a context of economic and social hardship, these behaviours understandably raised questions about the fairness and integrity of our tax systems. As a result, since the crisis, the OECD has been partnering with the G20, bringing together technical expertise and political leadership, to address those issues.
19-September-2014
English
OECD Secretary-General Angel Gurría has welcomed the result of yesterday’s referendum in Scotland.
17-September-2014
English
"Our conversation today comes at a crucial moment. We are all aware of the immense scale of the global challenge presented by climate change. It is no longer simply an environmental issue. It is an economic and a social issue. It is vital to our quality of life and to the life of our fragile Earth! Action is becoming ever-more urgent.", said OECD Secretary-General Angel Gurría.
16-September-2014
English
The OECD-G20 BEPS Project is a joint multilateral effort to tackle aggressive practices which erode the tax base of companies and artificially shift profits to low or no-tax jurisdictions.
12-September-2014
English
The decision of the OECD Council in 2013 to invite Latvia to begin the process of joining the Organisation is a strong statement by OECD countries. It shows their confidence in the strategic directions, achievements and capabilities of the Latvian government. It is a message which will be translated into more and better investments in Latvia; more and better jobs for Latvians; said OECD Secretary-General.
12-September-2014
English
As a result of the crisis, market income inequalities in OECD countries grew more between 2007 and 2010 – the worst years of the crisis – than in the preceding twelve years. This is a particular challenge for Latvia which has one of the most unequal distributions of income and wealth in the European Union.
8-September-2014
English
The Spanish economy is emerging from a protracted recession, marked by a return to moderate growth and rising international competitiveness. To ensure a sustainable recovery and a return to lower levels of unemployment, full implementation of ongoing structural reforms is needed, warned OECD Secretary-General.
3-September-2014
English
Tackling the epidemic of unemployment and underemployment that OECD countries have been facing since the first years of the crisis has been one of the top priorities at the OECD. In recent years, real wages have grown slowly, or even declined, bringing further hardship. Better policies for more and better jobs are needed.