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Economy & environment: The Czech Republic needs to boost skills and productivity for sustainable and inclusive growth
16 July 2018 The Czech economy is thriving, and efforts should now focus on boosting skills and innovation to improve labour supply and productivity, reduce poverty and inequality, and green the economy in view of climate goals, according to two new OECD reports.
Read moreEconomy: As future growth decelerates, scenarios to 2060 underline the clear benefits of structural reforms
12 July 2018 Structural reforms could give a sharp boost to living standards, improving GDP per head by as much as 8% under certain conditions, according to The Long View: Scenarios for the World Economy to 2060. Furthermore, the world’s economic centre of gravity will continue to shift toward Asia, the report says.
Read moreAfrica’s development: Improved public action needed to meet challenges of growth, jobs and inequalities
11 July 2018 Africa is ranked second behind Asia on the leaderboard of the world's fastest-growing regions, with an average annual GDP growth of 4.7% between 2000 and 2017. However, the continent needs improved public action to meet the challenges of growth, jobs and inequalities the Africa's Development Dynamics 2018 report says.
Read moreEmployment: Positive trends overshadowed by unprecedented wage stagnation
4 July 2018 Unemployment has reached record lows in some OECD countries, and more people have a job today than before the crisis. But wages continue to stagnate. Unless countries can break this cycle, public faith in the recovery will be undermined and labour market inequality will widen, the OECD Employment Outlook 2018 says.
Read moreWorld Cup: How to stop three weeks of fete from turning into 30 years of debt
4 July 2018 Hosting major global events, such as the football World Cup now taking place, can bring enormous economic and social benefits, but can also leave costly scars. A new OECD initiative could help policymakers find a winning formula more often.
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Secretary-General: Action for equal access to justice
“Almost four billion people, more than half of the world’s population live outside the protection of the law. Making access to justice a reality for all is a momentous challenge. I see three interlinked avenues for action.” Remarks by OECD Secretary-General Angel Gurría, OECD Roundtable, Riga, Latvia, 6 July
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Lithuania joins the OECD
Lithuania joined the OECD on 5 July 2018 as the organisation’s 36th member country. Visit the OECD’s page on Lithuania to find out more about its accession, key statistics and other content on the country.
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Inequality puts our world at risk
In many OECD countries, inequalities are at their highest levels in 30 years and are widening. What are the effects, and the policy responses? See our story on inclusive growth.
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