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OECD - Latest News [Page 3]
New OECD Report On Harmful Alcohol Consumption Launches Wednesday 19 May 2021
Thursday, 13 May 2021, 6:05 am | OECD
Alcohol can be a source of individual pleasure and social enjoyment, and its production and trade represent an important part of the economy in many countries. Harmful alcohol consumption, however, ranks among the leading causes of death and disability worldwide. ... More >>
Inheritance, Estate And Gift Taxes Could Play A Stronger Role In Addressing Inequality And Improving Public Finances
Wednesday, 12 May 2021, 6:26 am | OECD
Inheritance taxation can be an important instrument to address inequality, particularly in the current context of persistently high wealth inequality and new pressures on public finances linked to the COVID-19 pandemic, according to a new OECD report. ... More >>
CLIs Increase At A Steady Pace In Most Major Economies
Wednesday, 12 May 2021, 6:24 am | OECD
The OECD Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to a steady expansion in the OECD area as a whole and in most major economies. Among large OECD economies outside Europe, ... More >>
Marginal Fall In OECD Unemployment Rate In March 2021, To 6.5%, 1.2 Percentage Points Above Its Pre-pandemic Level
Tuesday, 11 May 2021, 5:44 am | OECD
The OECD area unemployment rate continued to decline slightly in March 2021, to 6.5% (from 6.6% in February 2021). It remained 1.2 percentage points above the rate observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] ... More >>
OECD Household Income Falls In The Fourth Quarter Of 2020, But Grows Overall During COVID Affected Year
Friday, 7 May 2021, 5:47 am | OECD
Real household income per capita, which provides a better picture of people’s economic well-being than GDP, fell by 1.4% in the OECD area in the fourth quarter of 2020. This decline occurred despite a continued rise in real GDP per capita for ... More >>
Energy Prices Push OECD Inflation Up To 2.4% In March 2021
Thursday, 6 May 2021, 5:16 am | OECD
Annual inflation in the OECD area increased to 2.4% in March 2021, compared with 1.7% in February. Annual energy prices rose sharply by 7.4% in March, the highest rate since October 2018. This reflected both the base-year effect with a sharp drop ... More >>
Labour Market Disruption & COVID-19 Support Measures Contribute To Widespread Falls In Taxes On Wages In 2020
Friday, 30 April 2021, 6:04 am | OECD
The COVID-19 crisis has resulted in the largest decrease in taxes on wages since the global financial crisis of 2008-09, according to a new OECD report. Taxing Wages 2021 shows that declining household incomes coupled with tax reforms linked to the ... More >>
OECD Area Employment Rate Rose By 1.0 Percentage Point In The 4th Quarter Of 2020, But Remains Below Pre-pandemic Level
Friday, 16 April 2021, 5:28 am | OECD
The OECD area employment rate – the share of the working-age population with jobs – rose by 1.0 percentage point in the fourth quarter of 2020, to 66.7%, remaining 1.9 percentage points below the rate observed in the first quarter of 2020. In the ... More >>
Policy Reset Can Deliver A Stronger, More Resilient, Equitable And Sustainable Post-pandemic Recovery, OECD Says
Thursday, 15 April 2021, 6:16 am | OECD
The COVID-19 pandemic has brought social and economic disruption worldwide, but is also providing governments with the opportunity to put economies on a more sustainable and inclusive growth path while addressing the underlying challenges, according to ... More >>
COVID-19 Spending Helped To Lift Foreign Aid To An All-time High In 2020 But More Effort Needed – OECD
Wednesday, 14 April 2021, 5:52 am | OECD
Foreign aid from official donors rose to an all-time high of USD 161.2 billion in 2020, up 3.5% in real terms from 2019, boosted by additional spending mobilised to help developing countries grappling with the COVID-19 crisis, according to preliminary ... More >>
CLIs Continue To Strengthen In Most Major Economies
Wednesday, 14 April 2021, 5:24 am | OECD
The OECD Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to strengthen in most major economies. In the United States, the CLI continues to increase at a steady pace, driven by the ... More >>
Marginal Fall In OECD Unemployment Rate In February 2021, To 6.7%, 1.4 Percentage Points Above Its Pre-pandemic Level
Tuesday, 13 April 2021, 5:57 am | OECD
The OECD area unemployment rate declined in February 2021, to 6.7% (from 6.8% in January), remaining 1.4 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In February 2021, the unemployment ... More >>
OECD Reports To G7 On Need To Strengthen Economic Resilience Against Crises
Wednesday, 24 March 2021, 7:18 am | OECD
Creating an emergency Rapid Response Forum to ensure global supplies of essential goods continue to flow during major international crises is one of a broad range of recommendations contained in a new OECD report to the G7 on building economic ... More >>
New OECD Report On Economic Resilience For The 2021 UK Presidency Of The G7 Launches On Tuesday 23 March 2021
Thursday, 18 March 2021, 7:45 am | OECD
Economic resilience has emerged as a priority in response to the devastating impacts of recent system-wide crises, including the COVID-19 pandemic, but also the Global Financial Crisis of 2007-09, both of which will continue to leave lasting scars on ... More >>
The 37 Member Countries Of OECD Appoint Mr. Mathias Cormann Of Australia To Be Next Secretary General
Tuesday, 16 March 2021, 7:27 am | OECD
Today, the Council of the OECD composed of Ambassadors representing the 37 Member Countries, took the formal decision to appoint Mr. Mathias Cormann of Australia to become the sixth Secretary-General of the Organisation, for a 5 year-term beginning ... More >>
G20 GDP Continues To Grow In The Fourth Quarter Of 2020, Although At A Slower Pace
Tuesday, 16 March 2021, 7:19 am | OECD
Growth of gross domestic product (GDP) in the G20 area slowed to 2.1% in the fourth quarter of 2020, down from the large rebound in the previous quarter (7.8%) that followed the unprecedented falls in the first half of the year due to COVID-19 containment ... More >>
OECD Unemployment Rate Stable At 6.8% In January 2021, 1.6 Percentage Points Higher Than In February 2020
Thursday, 11 March 2021, 6:20 am | OECD
The OECD area unemployment rate was stable at 6.8% in January 2021, remaining 1.6 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In January 2021, the unemployment rate was stable ... More >>
The Need For Speed: Faster Vaccine Rollout Critical To Stronger Recovery, Says OECD
Wednesday, 10 March 2021, 6:27 am | OECD
A global economic recovery is in sight but a faster and more effective vaccination rollout across the world is critical, while respecting necessary health and social distancing measures, according to the OECD’s latest Interim Economic Outlook . ... More >>
OECD Annual Inflation Picks Up To 1.5% In January 2021 While Euro Area Records Sharp Increase To 0.9%
Thursday, 4 March 2021, 7:01 am | OECD
Annual inflation in the OECD area picked up to 1.5% in January 2021, compared with 1.2% in December 2020. Following a rebound between December and January, the annual decline in energy prices was less pronounced in January (minus 3.9%) than in December More >>
Final Quarter Of 2020 Shows Continued Recovery In G20 International Merchandise Trade
Wednesday, 24 February 2021, 6:49 am | OECD
G20 international merchandise trade continued to rebound in the fourth quarter of 2020 ( exports up 7.2% and imports up 6.8%), following the sharp falls seen in the first half of 2020, as lockdown measures affected trade globally. Although growth ... More >>
