Tax revenues in Latin America and the Caribbean (LAC) dipped in 2016, falling further behind average OECD country levels, but a recovery is likely in subsequent years, according to Revenue Statistics in Latin America and the Caribbean 2018. The average tax-to-GDP ratio stood at 22.7% in 2016, a fall of 0.3 percentage points since 2015, the report says.
Australia’s active global engagement on development and its focus on fragile small island states and disaster risk reduction are commendable. However successive cuts to the country’s aid budget since 2013 are impairing its efforts, according to the latest DAC Peer Review of Australia.
Though philanthropic flows are relatively modest compared to official development assistance (ODA), their contribution is substantial in certain sectors, according to a new OECD report. For the first time, Private Philanthropy for Development uses global, comparable data to analyse how private foundations are supporting development.
Gaps in data covering refugees, asylum seekers, migrants and internally displaced populations are endangering the lives and well-being of millions of children on the move, warned five UN and partner agencies today.
A success story of international development itself, Korea is now a driving force in global aid, focusing on the neediest countries and shaping strategy by sharing its experience and bridging the gap between rich and poor countries. Korea will have even greater impact if it can produce a clear plan to increase aid volumes in line with its stated ambitions, according to a new OECD Review.
The Union for the Mediterranean (UfM) and the OECD today signed a Memorandum of Understanding (MoU) to intensify co-operation to advance inclusive and sustainable growth in the Southern Mediterranean region.
De qué manera los migrantes contribuyen a las economías de los países en desarrollo muestra que las percepciones negativas con frecuencia son injustificadas. El informe señala que los migrantes no constituyen una carga para las economías de los países de destino; su impacto sobre los mercados laborales, el crecimiento económico y las finanzas públicas con frecuencia es positivo aunque relativamente limitado.
How immigrants contribute to developing countries’ economies shows that negative perceptions are often unjustified. It points out that immigrants are no burden on the economies of host countries, and that in developing countries, their impact on labour markets, economic growth and public finance is generally positive although relatively limited.
Malawi’s economy has not grown fast enough in recent years to create decent jobs for the majority of its employable youth. Improving the supply of Technical, entrepreneurial and vocational education and training (TEVET) can provide them with better opportunities in the labour market, while fostering economic diversification and productivity, according to the OECD Development Centre’s Youth Well-Being Policy Review in Malawi.
The Development Centre of the Organisation for Economic Co-operation and Development (OECD), the Delegation of the European Union (DEU) to the Republic of Malawi, and the Ministry of Labour, Youth, Sports and Manpower Development (MoLYSMD) of the Republic of Malawi will host a joint event on the occasion of the presentation of a new report on Malawi’s youth well-being.