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  • 11-July-2023

    English

    OECD job markets remain tight though inflation is hitting real wages

    OECD job markets remain tight even though the global economy has slowed substantially since 2021. Employment has fully recovered since the COVID-19 crisis and unemployment is at its lowest level since the early 1970s. While nominal hourly wages have risen, to date they have not kept up with inflation, leading to a drop in real wages in almost all OECD countries.

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  • 4-July-2023

    English

    Estonia joins the OECD Development Assistance Committee (DAC)

    Estonia has become the 32nd member of the OECD Development Assistance Committee (DAC), the leading international forum for bilateral providers of development co-operation.

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  • 4-July-2023

    English

    Consumer Prices, OECD - Updated: 4 July 2023

    OECD headline inflation slows markedly to 6.5% in May 2023

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  • 30-June-2023

    English

    More efforts needed to build trust and the resilience of democratic systems

    Democracies around the world have faced a series of crises in recent years, including Russia’s unprovoked war of aggression against Ukraine and the global COVID-19 pandemic.

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  • 29-June-2023

    English

    Boosting labour supply and productivity is key to growth in the Netherlands

    After a robust post-pandemic recovery, high inflation, rising interest rates and weak external demand are weighing on the Dutch economy, underlining the need to address long-running structural challenges like low productivity growth and labour shortages.

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  • 28-June-2023

    English

    Strengthening SMEs and entrepreneurs key to a strong, resilient economy

    Government ministers responsible for small and medium-sized enterprises (SMEs) and entrepreneurship have endorsed a new OECD Declaration aimed at boosting policies for new and small businesses, empowering them to reach their full potential as part of broader efforts to build a more resilient, green and digital world economy.

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  • 23-June-2023

    English

    Statement by the Secretary General: Closing session of the Summit for a New Global Financing Pact

    This Summit has been an incredibly important opportunity to affirm our shared commitment to a stronger and better quality global financial architecture.

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  • 20-June-2023

    English

    Iceland must tackle inflation and make the most of immigration

    Iceland’s economy is currently one of the fastest growing in the OECD, driven by foreign tourism and strong domestic demand. But growth is projected to slow as tighter financial conditions and uncertainty weigh on business investment, according to a new OECD report.

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  • 16-June-2023

    English

    Governments have many options for making housing policy more efficient, inclusive and sustainable

    Housing is a critical pillar of people’s lives, with direct influence on health and well-being, personal finances, professional opportunities and the environment. Well-designed and economically sound policies are needed to make housing markets more efficient, more inclusive and more sustainable in a changing world, according to the OECD.

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  • 15-June-2023

    English

    Portugal needs greater spending efficiency and investment to strengthen public finances and growth

    Portugal’s recovery has slowed in the face of high energy and living costs, as well as global uncertainty. Decisive policy action and structural reforms are needed to shore up public finances, uphold living standards and ensure that growth remains on a sustainable and resilient path, according to a new OECD report.

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