OECD - Latest News [Page 1]

OECD/G20 Inclusive Framework On BEPS To Meet At Plenary Level On 27-28 January

Saturday, 23 January 2021, 7:42 am | OECD

The OECD/G20 Inclusive Framework on BEPS will hold its 11th plenary meeting on 27-28 January. The 2021 Plenary Meeting , to be held virtually, will offer representatives from the Inclusive Framework’s 137 members an opportunity to take stock of the ... More >>

OECD Area Employment Rate Rose By 1.9 Percentage Points In The Third Quarter Of 2020

Tuesday, 19 January 2021, 8:27 am | OECD

OECD area employment rate rose by 1.9 percentage points in the third quarter of 2020, but remained 2.5 percentage points below its pre-pandemic level The OECD area [1] employment rate – the share of the working-age population with jobs – rose ... More >>

Turkey: Targeted Support, Sustainable Macroeconomic Policy And Structural Reforms Will Strengthen The COVID-19 Recovery

Friday, 15 January 2021, 7:02 am | OECD

The COVID-19 crisis has hit Turkey’s people and economy hard, accentuating pre-existing challenges such as the low share of workers in formal employment and obstacles to firm expansion. Well-designed support to households and firms that is aligned with ... More >>

CLIs Continue To Indicate A Mixed Picture Across The Major Economies

Friday, 15 January 2021, 6:40 am | OECD

The OECD Composite leading indicators (CLIs) continue to recover from the COVID-19 crisis lows in most major economies, although the pace of growth varies. Among large OECD economies, the CLIs for the United States and Japan continue to point to stable ... More >>

OECD Unemployment Rate Further Declines To 6.9% In November 2020

Thursday, 14 January 2021, 6:01 am | OECD

The OECD area unemployment rate continued to decline in November 2020, to 6.9%, from 7.1% in October, but remained 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. It continued ... More >>

OECD Annual Inflation Stable At 1.2% In November 2020

Friday, 8 January 2021, 6:54 am | OECD

Annual inflation in the OECD area was stable at 1.2% in November. Energy prices declined by (minus) 8.1%, a faster pace than in October (minus 7.7%), while food price inflation slowed to 3.3%, compared with 3.6% in October. OECD annual inflation ... More >>

Brazil: Reforms To Spur Competitiveness, Productivity And Trade Would Strengthen COVID-19 Recovery, Says OECD

Thursday, 17 December 2020, 8:32 am | OECD

Brazil was pulling out of a long recession when the COVID-19 outbreak hit, bringing the economy back into another, even deeper recession. However, swift government support has helped millions of vulnerable households, including those without formal employment ... More >>

Employers Must Remove Barriers To Work For All Generations, Says OECD

Thursday, 17 December 2020, 8:28 am | OECD

Governments and employers should work together to promote multi-generational workforces to adapt to ongoing changes in the world of work that have been accelerated by the COVID-19 pandemic, according to a new OECD report. Promoting an Age-Inclusive Workforce ... More >>

G20 GDP Showed A Strong Recovery In The Third Quarter Of 2020, But Remained Below Pre-Pandemic High

Tuesday, 15 December 2020, 6:27 am | OECD

Gross domestic product (GDP) in the G20 area rebounded by 8.1% in the third quarter of 2020 following the unprecedented falls in the first half of the year due to COVID-19 containment measures. However, GDP remained 2.4% below its pre-crisis high of the ... More >>

International Community Reaches Important Milestone In Fight Against Tax Evasion

Thursday, 10 December 2020, 6:27 am | OECD

New international standards on the automatic exchange of information for tax purposes have so far been satisfactorily implemented by countries worldwide, marking an important milestone in the global fight against tax evasion, according to a new report published ... More >>

OECD Unemployment Rate Falls To 7.1% In October 2020

Thursday, 10 December 2020, 6:16 am | OECD

The OECD area unemployment rate continued to decline in October 2020, to 7.1%, from 7.3% in September, but remained about 2.0 percentage points above the level observed in February, before the COVID-19 pandemic hit the labour market. The unemployment ... More >>

CLIs Show A Mixed Picture Across The Major Economies

Wednesday, 9 December 2020, 6:31 am | OECD

The OECD Composite leading indicators (CLIs) continue to recover from the COVID-19 crisis lows in most major economies, but the rate of change differs across countries. In the United States , Japan and Canada , the CLIs point to stable growth. In France ... More >>

COVID-19 Crisis Adds Pressure To Private And Public Pensions Systems, Says OECD

Tuesday, 8 December 2020, 9:17 am | OECD

The COVID-19 crisis has compounded the challenges facing retirement savings and old-age pension arrangements and added new ones, according to a new OECD report. The OECD Pensions Outlook 2020 says that population ageing, low growth, low returns ... More >>

OECD Annual Inflation Slows To 1.2% In October 2020

Friday, 4 December 2020, 6:29 am | OECD

Annual inflation in the OECD area slowed slightly to 1.2% in October, compared with 1.3% in September 2020. Energy prices declined by (minus) 7.7% in October, at a faster pace than in September (minus 6.5%), while food price inflation was stable at 3.6%. ... More >>

Continued Fiscal Support And Public Health Action Needed To Make Hope Of Recovery A Reality

Wednesday, 2 December 2020, 8:34 am | OECD

The prospect of a number of COVID-19 vaccines becoming widely available next year has lifted hopes for a faster recovery, but policymakers will need to retain both public health and fiscal support while acting decisively for the momentum to pick ... More >>

COVID-19 Crisis Accentuating The Need To Bridge Digital Divides, Says OECD

Saturday, 28 November 2020, 8:39 am | OECD

Improved Internet connectivity and skills have helped many countries to cope with the health and economic crisis from COVID-19. Yet the pandemic has raised the bar for the digital transition and underscores the need to close the digital divides ... More >>

Asia-Pacific Countries Have Managed COVID-19 Crisis Relatively Well But Major Challenges Remain Elsewhere

Friday, 27 November 2020, 12:00 pm | OECD

Australia, Japan, Korea, and New Zealand did better than most countries in flattening the curve of the COVID-19 epidemic and containing the first wave of the virus, according to the OECD’s first analysis of the impact of COVID-19 on health systems of countries ... More >>

G20 International Merchandise Trade Rebounds In Q3 Of 2020 But Remains Below Pre-pandemic Level

Friday, 27 November 2020, 8:07 am | OECD

G20 international merchandise trade rebounded sharply in the third quarter of 2020 (exports up 21.6% and imports up 18.1%) after its precipitous fall in the second quarter of 2020 as lockdown measures were brought in across the globe. However, international ... More >>

G20: Global Co-operation And Strong Policy Action Needed For A Sustainable Recovery

Monday, 23 November 2020, 7:42 am | OECD

The COVID-19 crisis has exposed major weaknesses in our economies that can only be fixed through greater global co-operation and strong, targeted policy action, according to a new OECD report presented to the Leaders of the G20 countries at their ... More >>

OECD GDP Rebounded By 9.0% In The Third Quarter Of 2020 But Remains Below Pre-Pandemic High

Friday, 20 November 2020, 6:22 am | OECD

Following the unprecedented falls in real gross domestic product (GDP) in the first half of the year in the wake of COVID-19 containment measures, GDP in the OECD area rebounded by 9.0% in the third quarter of 2020 but it remains 4.3% below its pre-crisis ... More >>

 

 
 
 
 
 

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