Twenty years ago climate change was viewed as just an environmental issue. Today it is squarely an economic issue. Climate change poses significant risks to our economic systems that could result in very large damages. To mitigate these risks we need to radically transform our economies and societies to stop global warming.
Mr. Angel Gurría, Secretary-General of the OECD, will be in Berlin on 13 and 14 May 2014 to attend the annual meeting that Chancellor Angela Merkel holds with the heads of some leading International Organisations.
Building on the success of past reforms, Germany should continue to further wellbeing by improving financial sector resilience, strengthening productivity in services and making economic growth more inclusive and green.
Germany’s current economic success offers a good platform for achieving sustainable and inclusive growth, but further reforms will be necessary over the medium and long term, according to the latest OECD Economic Survey of Germany.
The average worker in Germany faced a tax burden on labour income (tax wedge) of 49.3% in 2013 compared with the OECD average of 35.9%. Germany was ranked 2 of the 34 OECD member countries in this respect.
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Note summarising the performance of German 15-year-old students in the PISA 2012 assessment of problem solving.
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Despite the harsh external economic environment, Germany has managed to reduce unemployment significantly while buttressing the long-term sustainability of its public finances. Drawing on the expertise and experience of OECD member countries, this report sets out key policy priorities to boost productivity growth and social inclusion.
As part of the OECD Leaders’ Programme, Angel Gurría, Secretary-General met with Germany’s Federal Chancellor Angela Merkel to discuss competitiveness and productivity in Germany and Europe and policies to promote inclusive growth and well-being.
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The Programme for International Student Assessment (PISA) is a triennial international survey which aims to evaluate education systems worldwide by testing the skills and knowledge of 15-year-old students. To date, students representing more than 70 economies have participated in the assessment.
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Future retirees may expect low pension replacement rates in Germany. Public transfers currently represent a large share of older people’s income in Germany despite a significant increase in employment rates at older ages work...