1.1 What's the issue? Incomes in developed and developing countries have been converging, especially since the turn of the century, but the unevenness of that trajectory merits further examination. Beginning in the early the 2000s, the average per capita income of developing countries (adjusted for purchasing power parity) has increased substantially relative to the average…

What we know depends on what we measure. Traditional income-based metrics, such as GDP and poverty headcounts, tell a story of unprecedented economic development, as seen by improvements in longevity, health, and literacy. Yet, well-being metrics, which are based on large-scale surveys of individuals around the world and assess their daily moods, satisfaction with life,…

The global outbreak of a novel strain of coronavirus, which causes the disease now called COVID-19, is posing significant challenges to public health, the international economy, oil markets, and national politics in many countries. Brookings Foreign Policy experts weigh in on the impacts and implications. Giovanna DeMaio (@giovDM), Visiting Fellow in the Center on the…

The World Happiness Report 2015 takes a look at well-being for the good of social progress and public policy.

Who wins this year's crown of contentment? The results are in for the UN's World Happiness Report 2016.

But the United States has opted out.

London's international embassies are showing off their countries' design as part of the London Design Festival.

Kenya, Uganda and Tanzania are banding together to combat unlawful timber products and curb deforestation.

The numbers are in for the World Happiness Report 2017; who wins this year's crown of contentment? Think of it as a love letter to Scandinavia.

Photo: Stephanie Says, Flickr, CC Turning Food into Fuel is Not the Solution The Association of American Physicians and Surgeons (AAPS) has released a warning that U.S. and European policy to increase the production of biofuels could lead to almost

Environment minister called waste importers 'traitors' who don't care about the country's long-term sustainability.

Boom-and-bust cycles are no coincidence.

The technology could save countless lives.

Consumer demand for meat, soy, palm oil, and more has resulted in 60% of primate species facing extinction.

For the first time, developing countries outpaced wealthier nations in green energy development.

Global - No child should die of diabetes

China's exports could weaken in May, possibly also in June, as some of its largest export markets in the West have been under lockdown due to the pandemic, says Ray Farris, Credit Suisse's chief investment officer for South Asia.

The coronavirus outbreak in the Middle East is likely to remain under control despite the easing of restrictions in recent weeks, as long as strict social distancing continues to be enforced, experts told CNBC.

Many countries are focusing coronavirus testing on people who have covid-19 symptoms. But regularly testing all essential workers would have more of an impact

The Microsoft billionaire says we find ourselves in uncharted territory with the coronavirus pandemic.

Without access to modern technology like refrigeration, people in developing countries often have to throw away a significant proportion of the fish they catch. EU-funded researchers have delivered innovative, low-cost solutions to help such communities around the world make their fish stocks go further.

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New Delhi: With travel bug catching up in India, European countries are a preferred destination for Indians this summer, according to a survey.

Searches were conducted by travel search engine KAYAK.co.in between October 1, 2017 to March 23, 2018 for travel dates between May 5, 2017 and August 31, 2018.

As per the search, Moscow and Istanbul are taking the lead with year-on-year increase in flight searches by 269 and 252 per cent respectively.

Other trendy destinations this summer show that Indians are interested in travelling not only to the well-known European destinations like Spain, Germany and Greece but also to some less conventional ones like Norway, Hungary and even Iceland.

Europeans on the other hand are travelling to Palma Mallorca in Spain the most, followed by London and Lisbon.

Considering the budget, several European locales are emerging as good options for travel from India without burning a big hole in the pocket.

Istanbul, which is also the second top-trending destination, is seeing a price drop as high as 95 per cent compared to the average trip cost.

This is followed by Milan, Italy, with a 37 per cent drop in the average trip cost. With warm weather in Europe, this represents a good opportunity to travel to these European destinations for a summer adventure at a reduced price.

Abhijit Mishra, Director of India and Middle East, KAYAK, said in a statement: "With the summer holiday period quickly approaching, travel planning is on the rise and it was interesting to see how European countries have emerged as the preferred destination for Indians this year."

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The Department of Commerce has initiated a wide-ranging antidumping duty and countervailing duty investigation into imports of carbon and alloy steel wire rod from ten countries.

On September 13, the OECD launched a substantial report on the tax policy reforms implemented last year by advanced nations.

African countries are steadily improving their tax revenue collections, according to Revenue Statistics in Africa 2017, a new report released recently at a meeting of tax and finance officials from 21 African countries.

The international community has made important progress in improving developing countries' ability to tax multinational enterprises and boost domestic revenue mobilization, says the annual report for the initiative Tax Inspectors Without Borders.

Coronavirus vaccine: World leaders and organisations, except the United States, have already pledged $8 billion to research, manufacture and distribute a possible vaccine and treatments for COVID-19 apart from the individual efforts taken by the countries and its pharmaceutical firms

Income from assets of French nationals who work in a state other than a member state of the EU, the European Economic Area or Switzerland may be subject to French social security contributions, the European Court of Justice has ruled.

The European Commission is to take steps to ensure that EU external development and investment funds cannot be channelled or transited through entities in countries included on the EU's "blacklist" of non-cooperative tax jurisdictions.

Two-thirds of people with high blood pressure in low- and middle-income countries (LMICs) are affected going without treatment, according to a new study led by researchers at Harvard T.

The most attractive OECD countries for highly qualified potential immigrants are Australia, Sweden, Switzerland, New Zealand and Canada, in part because of favourable admission and stay conditions.

At the Global Forum in Cape Town, South Africa, delegates from 81 jurisdictions and 11 international organisations evaluated whether all Forum members are exchanging tax information effectively.

By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.

Tax revenues in African countries are rising as a proportion of national incomes, according to the inaugural edition of Revenue Statistics in Africa. In 2014, the eight countries covered by the report - Cameroon, Côte d’Ivoire, Mauritius, Morocco, Rwanda, Senegal, South Africa and Tunisia - reported tax revenues as a percentage of GDP ranging from 16.1% to 31.3%.

The OECD took steps to deepen its engagement with Thailand, South Africa and Peru during the Organisation’s annual Ministerial Meeting and announced it will open an office in Istanbul to provide a base for its growing work with partner countries.

As a further sign of international efforts to crack down on tax offenders, 12 more countries have signed, or committed to sign, the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. In addition, another 6 countries have ratified the Convention.