The average worker in the United States faced a tax burden on labour income (tax wedge) of 31.3% in 2013 compared with the OECD average of 35.9%. The United States was ranked 25 of the 34 OECD member countries in this respect.
A moderate recovery is under way in major advanced economies after two years of subdued growth. Overall, most indications point to a continued underlying strengthening of the pace of growth, helped by accommodative monetary policy and reduced fiscal drag.
Mr. Angel Gurría, Secretary-General of the OECD, was in Washington from 10 to 13 April 2014, to attend the G20 Finance Ministers and Central Bank Governors (FM&CBG) meetings and the IMF/World Bank Spring Meetings. While in Washington, Mr. Gurría also held bilateral meetings with several US senior officials.
To achieve higher productivity growth, raise investment and foster job creation, we need to foster competition in our economies, said Angel Gurría in Washington.
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Analysis for the United States (US) from OECD trade facilitation indicators that identify areas where countries can improve border procedures, reduce trade costs, boost trade flows and reap greater benefits from international trade.
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Note summarising the United States' results in the PISA 2012 problem solving assessment.
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This note presents key findings for the United States from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides a special chapter on: the crisis and its aftermath: a “stress test” for societies and for social policies.
Recovery is under way in the world’s advanced economies, underpinned by supportive financial conditions and reduced drag from budgetary tightening, but activity in the major emerging markets is mixed, according to the OECD’s latest Interim Economic Assessment.
Many countries are facing the scourge of slow growth and rising inequality in income and opportunities. They risk being trapped in a vicious circle that could lead to weaker economic performance and greater exclusion. To avoid this, policy action is needed.
Inequality is a multi-dimensional challenge, it goes beyond income and it affects the wellbeing of our people. We need a multidisciplinary policy response and that’s what the Inclusive Growth initiative that we are launching in the OECD will provide.