Economic outlook: Steady global growth expected for 2024 and …
The global economy is continuing growing at a modest pace, according to the OECD’s latest Economic Outlook. The Economic Outlook projects steady global GDP growth of 3.1% in 2024, the same as the 3.1% in 2023, followed by a slight pick-up to 3.2% in 2025.
Policy Scenarios for Eliminating Plastic Pollution by 2040
Plastics provide multiple benefits to society, but their lifecycle − from feedstock extraction and polymer production to use and disposal − contributes to pollution, climate change and biodiversity loss. Current policies are inadequate to meaningfully alter trends in plastic flows and related pollution. This report provides insights into the potential environmental benefits and economic ...
Country risk classification | OECD
The Participants’ country risk classifications are a fundamental building block of the Arrangement rules on minimum premium rates for credit risk. They are meant to reflect the risk that a country will not be able to repay its external debt. The Participants neither endorse nor encourage their use for any other purpose.
Official development assistance (ODA) | OECD
Official development assistance (ODA) is government aid that promotes and specifically targets the economic development and welfare of developing countries. ODA has been the main source of financing for development aid since it was adopted by the OECD’s Development Assistance Committee (DAC) as the “gold standard” of foreign aid in 1969. The OECD is the only official source of reliable ...
Global Minimum Tax | OECD
The global minimum tax, which is based on the Global Anti-Base Erosion (GloBE) Model Rules, ensures that large multinational enterprises pay a minimum level of tax on their income in each jurisdiction where they operate, thereby reducing the incentive for profit shifting and placing a floor under tax competition, bringing an end to the race to the bottom on corporate tax rates.
Services trade - OECD
Services play a vital role in the global economy. They generate more than two-thirds of global gross domestic product (GDP), attract over three-quarters of foreign direct investment in advanced economies, employ the most workers, and create the most new jobs worldwide. In a modern digital economy, trade in services ensures access to information, skills and technology.
OECD Economic Surveys: Japan 2024
Japan has navigated the dual shock of the pandemic and the energy crisis well. However, significant headwinds from weak global growth, geopolitical tensions and high inflation highlight the importance of enhancing the Japanese economy’s resilience to shocks. In a context of inflation, which has risen above target, and pressures from divergent monetary policy from peers, adjustments to ...
Convention on the Organisation for Economic Co-operation and
The official text of the Convention on the Organisation for Economic Co-operation and Development signed in Paris on 14th December 1960.
New PISA results on creative thinking | OECD
For the first time ever, PISA measured the creative thinking skills of 15-year-old students across the world. Alongside assessments in mathematics, science and reading, students in 64 countries and economies sat an innovative test that assessed their capacity to generate diverse and original ideas, as well as to evaluate and improve upon others’ ideas in …
Austria: boost labour supply and foster green and digital ... - OECD
Austria’s economy is recovering well from the COVID-19 crisis thanks to decisive policy action, although challenges remain in the form of labour and skills shortages. Efforts should now focus on increasing the labour force participation of women and older workers, adjusting public finances once the recovery is fully self-sustained, and accelerating the shift to a greener and widely ...