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July 22, 2014

Testimony of OECD Tax Director Pascal Saint-Amans Before the Senate Finance Committee

Mr. Saint-Amans testifies on the work of the OECD and Base Erosion and Profit Shifting at a Senate Finance Committee hearing entitled The "U.S. Tax Code: Love It, Leave It or Reform It". Read Mr. Saint-Amans' testimony.

July 21, 2014

OECD Releases Full Version of Global Standard for Automatic Exchange of Information

Taking an important step towards greater transparency and putting an end to banking secrecy in tax matters, the OECD today released the full version of a new global standard for the exchange of information between jurisdictions.

July 17, 2014

Global value chains offer opportunities for growth, jobs and development, but more must be done so all countries and firms can participate equally, according to a new OECD-WTO-World Bank Group report

Global Value Chains (GVCs) are a dominant feature of the world economy that impact growth, jobs and development, but numerous challenges remain to ensure that all countries and all firms have the opportunity to participate and benefit, according to a new joint report from the Organisation for Economic Cooperation and Development (OECD), World Trade Organisation (WTO) and World Bank Group (WBG).

July 11, 2014

OECD and FAO See Lower Farm Prices; Livestock and Biofuels Outpacing Crop Production

The recent fall in prices of major crops is expected to continue over the next two years before stabilising at levels above the pre-2008 period, but markedly below recent peaks, according to the latest Agricultural Outlook produced by the OECD and FAO. 

July 9, 2014

U.S. Teens Lack Financial Savvy, New OECD Assessment Reveals

More than one in six U.S. teens are unable to make even simple decisions about everyday spending, and only one in ten can solve complex financial tasks according to the results of a new financial literacy study by the OECD. 

 policy challenges trade chart
July 2, 2014

Global Growth to Slow as Wage Inequality Rises Over Coming Decades, Says OECD

A slowdown in global economic growth and a continuing rise in income inequality are projected for the coming decades, according to a new OECD study which looks beyond the crisis at what the world could look like by 2060.

June 30, 2014

After Decline in U.S. Health Expenditure Growth, OECD Sees Risk of Spending Uptick in Recovery

Gains made towards slowing health expenditure growth in the United States in recent years could be negated by price increases associated with the continuing economic recovery unless more efforts are made to contain spending, says a new OECD paper published in The Lancet.

 health word cloud horizontal for washington website
June 30, 2014

OECD Health Statistics 2014 - How does the United States Compare?

New health statistics reveal that health spending accounted for 16.9% of GDP in the United States in 2012 - the highest share among  OECD countries and more than 7½ percentage points above the OECD average of 9.3%. In contrast  to most OECD countries, health spending in the United States is split evenly between public and  private sources. In 2012, 48% of health spending in the United States was publicly financed, well  below the average of 72% in OECD countries. See US; Canada country note.

June 25, 2014

U.S. Teachers Love Their Jobs Despite Challenging Circumstances and Feeling Undervalued, OECD Survey Finds

U.S. teachers report high levels of job satisfaction, but two thirds do not believe their profession is valued by U.S. society and a majority face challenging circumstances in schools due to socio-economic factors and special needs, a new international survey by the OECD finds.

student Ambs
June 25, 2014

OECD Congratulates the 2014-2015 Class of Student Ambassadors

The Organization for Economic Cooperation and Development (OECD) recently welcomed its fifth class of Student Ambassadors for two days of intensive training on its work and history at the OECD Washington Center. During their one-year ambassadorships the students will develop and organize on-campus programs and events highlighting the work of the OECD. Based on their performance, two finalists will be selected to attend the OECD Forum in Paris in May 2015.