Composite Leading Indicators (CLIs), OECD, May 2012

Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to regained momentum in the OECD area but with divergence between economies.

Tax: OECD launches Tax Inspectors Without Borders

The OECD’s Task Force on Tax and Development, meeting in Cape Town, South Africa, launches Tax Inspectors Without Borders/ Inspecteurs des impôts sans frontières – a new initiative to help developing countries bolster their domestic revenues by making their tax systems fairer and more effective.

Better connected transport will drive greener growth, says OECD Secretary-General

OECD Secretary-General Angel Gurría launched today the Transport Outlook 2012 during the Annual Summit of Transport Ministers from the 53 member countries held in Leipzig, Germany.

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• Besser verknüpfter Verkehr fördert umweltfreundlicheres Wachstum, erklärte Generalsekretär der OECD

Korea: a strong national urban strategy could drive resilient economic growth

Korea has weathered the shocks triggered by the global recession and its economy is recovering more quickly and vigorously than most other OECD countries.

More parent and community engagement would boost quality in early childhood education and care in England

The report highlights strategies from other countries that could serve as a model for England as it develops its early childhood education and care programme.

OECD는 한국이 지속적인 성장과 사회통합(social cohesion)을 위해 추가적인 개혁이 필요하다고 밝혔다

최근 발표된 OECD의 한국경제보고서에 따르면, 한국은 대부분의 OECD 국가보다 빠르고 역동적으로 글로벌 위기를 극복했지만, 견조한 경제성장만으로는 빠르게 진행되고 있는 고령화와 불평등의 증가 등에 의해 초래되는 근본적인 문제를 해결하는데 충분하지 않을 것이다.

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• Further reforms needed to sustain Korean growth and social cohesion

Further reforms needed to sustain Korean growth and social cohesion

Korea recovered faster and more vigorously from the global crisis than most OECD countries, but strong economic growth alone will not be enough to address the fundamental challenges posed by its rapidly ageing population and rising inequality, according to the latest Economic Survey of Korea.

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• OECD는 한국이 지속적인 성장과 사회통합(social cohesion)을 위해 추가적인 개혁이 필요하다고 밝혔다

Pensions: Sweden needs an independent committee to oversee National Pension Funds

Sweden should establish an independent committee of experts to oversee its National Pension Funds and set a clear, measurable financial objective for investments to ensure their long-term viability, according to a new OECD report.

Tax: the average tax burden on earnings in OECD countries continues to rise

The average tax and social security burden on employment incomes increased in 26 out of 34 OECD countries in 2011 according to the new OECD Taxing Wages publication. Tax payers in Ireland, Luxembourg, Portugal and the Slovak Republic were among those hit with the largest increases.

Health: the high cost of diabetes

Across OECD countries some 83 million people suffer from diabetes. On current trends, that will rise to almost 100 million by 2030.