The balance of economic power is expected to shift dramatically over the next half century, with fast-growing emerging-market economies accounting for an ever-increasing share of global output, according to a new OECD report.

Following a sharp drop amidst the global economic crisis and a subsequent recovery, the spot price of crude oil has been broadly stable for the past couple of years. This paper discusses the factors that drive oil demand and supply and, hence, the price of the resource.

China has made tremendous progress toward achieving inclusive growth, but major reforms are needed to ensure a fourth decade of rapidly converging living standards and a greener economy, according to the OECD’s latest Economic Survey of China.

While the outlook for many OECD countries remains subdued, Emerging Asia is set for healthy growth over the medium term. Annual GDP growth for the ASEAN -10, China and India is forecast to average 6.5% over 2015-19. Growth momentum remains robust in the 10 ASEAN countries, with economic growth averaging 5.6% over 2015-19.

The New Zealand economy has performed well in recent years, but bottlenecks in housing and urban infrastructure, inequalities in living standards and rising environmental pressures all pose challenges for sustaining robust growth and high levels of well-being over the long term, according to the OECD’s latest Economic Survey of New Zealand.

Governments should set prudent debt targets to ensure that public finances serve to promote economic growth and stability, according to new OECD research.

Costa Rica has made impressive economic, social and environmental progress, but further institutional and policy reforms will be necessary to ensure stronger and more inclusive growth, according to the first-ever OECD Economic Assessment of Costa Rica.

Lithuania has made remarkable economic and social progress, but further policy reforms will be necessary to ensure a more productive and inclusive economy, according to the first-ever OECD Economic Assessment of Lithuania.

Polish economic growth remains solid and unemployment is decreasing, but further investments in infrastructure and skills will be essential to sustain a continuing improvement in living standards, environmental quality and well-being, according to the latest OECD Economic Survey of Poland.

A UK exit from the EU would immediately hit confidence and raise uncertainty which would result in GDP being 3% lower by 2020, which equates to £ 2200 per household. The OECD states that such costs are already piling up in a new study released today.

As described in the 2016 OECD Economic Survey of Indonesia, economic growth is expected to pick up over the course of 2016 and into 2017. Despite persistently weak external conditions, confidence is returning, with inflation moderating, a stable rupiah and government investment in infrastructure gathering pace.

We have always had plumbers, electricians, and lawyers who do temporary work, and are not paid by a household when they are idle. However, do new apps such as Uber or Deliveroo mean the end of the 9 to 5 job, and do these platforms need to be regulated?

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.

A combination of market-based policies and a redistributive welfare state have boosted Belgium’s per-capita GDP to well above the average of OECD countries and raised well-being, according to a new OECD report.

Markets and commentators are speculating that there may be a sustained pick-up in inflation in the United States, after years of subdued price pressures. Along with continued solid US jobs growth and low unemployment, there are tentative signs of higher wage growth and the fiscal stimulus will also boost short-term growth. Global growth is also getting stronger.

The German economy is undergoing a robust expansion, with record-low unemployment and real wage gains underpinning domestic demand while strong exports are driving business investment. The strong fiscal position will offer opportunities for funding structural reforms and public investment to meet future challenges, according to a new report from the OECD.

Short-term prospects for the Korean economy are good, with an uptick in world trade and fiscal policy driving growth, but productivity remains relatively low and the country faces the most rapid population ageing in the OECD area, according to a new report from the OECD.

Growth, driven by both internal and external demand, has been accelerating since 2013 and at 4.6% in 2017 it was more balanced than in previous years. Household consumption is supported by income growth, a declining savings rate as confidence is high, and by rising credit.

A steady economic expansion in Indonesia is boosting living standards, curbing poverty and offering millions of people greater access to public services.

Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery.

The OECD launched today the Programme of Work with Brazil which sets out joint activities for the next two years and will strengthen cooperation between the Organisation and the Brazilian Government.

While the outlook for many OECD countries remains subdued, Emerging Asia is set for healthy growth over the medium term. Annual GDP growth for the ASEAN -10, China and India is forecast to average 6.5% over 2015-19. Growth momentum remains robust in the 10 ASEAN countries, with economic growth averaging 5.6% over 2015-19.

Governments should set prudent debt targets to ensure that public finances serve to promote economic growth and stability, according to new OECD research.

Japan must make revitalising growth its number one priority with reforms to boost productivity and encourage more women and older people into jobs to compensate for its rapidly shrinking labour force, according to the OECD.

Blog post on how Mexico's commitment to open data is helping to bring a broad range of innovative services to citizens.

Governments should rethink city housing, transport and other urban systems to ensure that fast-growing cities do not become inequality traps, according to a new OECD report showing that a majority of cities have higher levels of inequality than the national average.

The G20/OECD Principles of Corporate Governance provide recommendations for national policymakers on shareholder rights, executive remuneration, financial disclosure, the behaviour of institutional investors and how stock markets should function.

On the occasion of the release of the OECD Due Diligence Guidance on Responsible Business Conduct, the OECD’s Tyler Gillard looks at how governments can encourage international standards of responsible business conduct in business activities and supply chains.

The difficulty of making money out of cycling could hamper its rise

America’s politics has become defined by identity rather than ideology, as a new book highlights

From homeworking to healthcare, Covid-19 has forced society to adapt in ways that should endure

Rishi Sunak has vowed to avoid ‘cliff edge’ when programme ends next month

Fun though it may be, this collection of out-takes is never quite the sum of its parts

Ease of access and (sometimes) greater affordability are attracting a broader demographic

Robot teachers are the start of an evolving relationship with artificial intelligence

Time wasted is time lost, says the Kresge Foundation as it makes a public pledge

Research by accountancy network reveals 7 in 10 respondents have lost half their revenue

Government-backed scheme designed to help smaller UK firms launches on Monday

PageGroup and Robert Walters cite Brexit, Sino-US trade war and Hong Kong protests

Wearable tech will measure workers’ true productivity, supercharging capitalism

Deal’s architects say it will improve connectivity, choice and value, but consumers have heard that before

New album channels protest music and social comment through Delta blues mythology and psych-rock

Paramore frontwoman broadens her sonic palette with solo debut

Three quarters of leisure operators say margins too thin to support fewer customers, according to survey

Our ‘Round on the Links’ quiz tests your ability to draw connections. Thinking caps on!

Most mosques shuttered and gatherings banned as Islamic world prepares for holy month

The FT's Alan Smith investigates gerrymandering, using tiddlywinks and a salamander

Written for The Shirelles in 1960, Carole King and Gerry Goffin's song nailed the insecurities of a new generation of women. Helen Brown looks at a classic of the female singer-songwriter canon

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What drew jazz musicians like Miles Davis and Chet Baker to a twinkly tune from Disney's 'Snow White'? And what became of the child star who first sang it? Lilian Pizzichini traces its history  

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The continent is facing an humanitarian and economic catastrophe, reports David Pilling