Faced with low growth, high unemployment and weak public finances, countries need to pursue new strategies to put the global recovery back on track. OECD Secretary-General Angel Gurría says green growth can boost productivity, create jobs and help build a stronger, cleaner and fairer world economy.
Why has your street been full of potholes for five years, while the next block along where the mayor lives is resurfaced every year? How come your children are on the waiting list for the best local school, while your teacher neighbour’s were admitted immediately? Who pays the price of corruption?
Europe's sovereign debt crisis has exposed structural weaknesses in economic governance that now threaten the entire euro region. Efforts to reinforce public finances and preserve the currency union must go further than solutions proposed to date.
The history of economic policymaking has been marked by a succession of “paradigms” defining the goals of economic policy and the instruments used to attain them. OECD Chief Economist Pier Carlo Padoan looks at where we go from here.
Countries can use labour market reforms, more targeted tax and transfer systems and better education policies to simultaneously curb the income gap between rich and poor while boosting economic growth.
The New Year has begun under a shroud of economic uncertainty with flagging growth, growing inequality, persistent unemployment and troubled government finances in most of the world’s largest economies. In his editorial for the 2012 OECD Yearbook, Angel Gurría sets out a vision for the year ahead.
As we start a new year, we are mindful at the OECD that data has a way of focusing the mind and holding up a mirror to our lives. The OECD Factbook 2011 - 2012 is a treasure trove of data. Test out some fast facts that might surprise you, and could even impress your dinner guests.
It may be true that money can’t buy you happiness, but this only applies if you have enough money to meet your basic needs – a home, food, clothes for your family, education for your children. What happens when that basic equation breaks down and millions see no hope of improving their lot?
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