ay

Economic stagnation compounds demographic pressure on pension systems, says OECD

Low growth, low interest rates and low returns on investment linked to the slow global economy are now compounding the problems of population ageing for both public and private pension systems, according to a new OECD report.




ay

Better education and skills are key to shift the economy up a gear, says latest Latin American Economic Outlook

Latin America’s GDP growth rate has slowed down in 2014, dropping below 1.5%. This is the first time in a decade that the region grows less than the OECD average, according to the OECD Development Centre, the Commission for Latin American and the Caribbean and the development bank for Latin America. Given the projections in the past weeks, any recovery in 2015 is likely to be challenging.




ay

Japan can do more to encourage smooth transition of laid-off workers back into jobs, says OECD

Japan could help laid-off workers find a job more quickly by improving co-ordination between public employment services and companies, as well as ensuring that all workers benefit from adequate Employment Insurance (EI) benefits, according to a new OECD report.




ay

The UK economy is doing well, but the job is not yet finished. Unleashing productivity is key to sustaining strong growth, says OECD

The United Kingdom’s economy is projected to expand this year and next, but challenges remain to boost productivity and make future growth more inclusive, according to the OECD’s latest Economic Survey.




ay

New approach needed to tackle mental ill-health at work, says OECD

Health and employment services should intervene earlier, involve key stakeholders and ensure they work together in order to help people with mental-health issues find work and stay in a job, according to a new OECD report.




ay

Early gender gaps drive career choices and employment opportunities, says OECD

Education systems have made major strides to close gender gaps in student performance but girls and boys remain deeply divided in career choices, which are being made much earlier than commonly thought, according to a new OECD report.




ay

Focus on Minimum wages after the crisis: Making them pay (PDF, 12-pages)

Three out of four OECD countries use minimum wages, and supporting low-wage earners is widely seen as important for promoting inclusive growth. This policy brief considers three aspects that are central for a balanced assessment of policy choices: The cost of employing minimum-wage workers, their take-home pay, and the number of workers affected.




ay

Business brief: We must teach tomorrow’s skills today

The New Industrial Revolution affects the workforce in several ways. Ongoing innovation in renewable energy, nanotech, biotechnology, and most of all in information and communication technology will change labour markets worldwide. Especially medium-skilled workers run the risk of being replaced by computers doing their job more efficiently.




ay

Youth Skills day: 15th July 2015

As the first edition of “Youth Skills day” unfolds, about 40 million youth aged 15-29 in OECD countries are either looking for work or entirely disconnected from the labour market and from education and training.




ay

Does the year you graduate influence your future pay cheque?

New research points to the role of field-of-study mismatch in explaining the long-term effects of cyclical labour market shocks. It suggests that policy effort ought to be directed not just towards the NEETs, but also towards youth who find employment during recessions, given their higher risk of prolonged field-of-study mismatch and lower wages if mismatch is accompanied by overqualification.




ay

Malaysia’s economic success story and challenges

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.




ay

Boosting productivity in Malaysia

Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs.




ay

Fostering inclusive growth in Malaysia

Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly reduced ethnic inequality.




ay

Harmonised Unemployment Rates (HURs), OECD - Updated: May 2017

OECD unemployment rate falls to 6.0% in March 2017




ay

Powerful global coalition to boost equal pay for women at work - New initiative will support innovative and effective equal pay policies and practices around the globe

One of the most persistent barriers to women’s success at work and to economic growth, unequal pay, will be actively challenged by a new global partnership, the Equal Pay International Coalition (EPIC).




ay

Euregio Museum Day 2017: Museums & Local Development

The Euregio Museum Day 2017 reviewed the pilot version of the OECD guide "Culture and local development - Maximising the impact" and worked on thematic action principles and policy options to advance the reflection on these issues.




ay

Norway should do more to improve job prospects of low-skilled youth

Norway should step up its efforts to boost the job prospects of young people without upper-secondary qualification to further reduce the share of under-30 year-olds who are Not in Employment, Education or Training (NEETs), according to a new OECD report.




ay

Harmonised Unemployment Rates (HURs), OECD - Updated: May 2018

OECD unemployment rate stable at 5.4% in March 2018




ay

Global leaders and companies pledge to reduce the gender pay gap by 2030

Today, global leaders from governments, private sector companies, trade unions and civil society pledged to take concrete action towards closing the gender pay gap by 2030. The global commitments – to ensure women in every sector of the workforce are paid equally to men for doing work of equal value – were made at the Equal Pay International Coalition (EPIC) Pledging event held during the United Nations General Assembly in New York.




ay

'Shivaay': A Himalayan Blunder

"Shivaay"; Director: Ajay Devgn; Cast: Ajay Devgn, Erika Kaar, Abigail Eames and Sayyeshaa; Rating: **




ay

'Mahayoddha Rama': Action-Packed Dynamic Version

"Mahayoddha Rama"; Director: Rohit Vaid; Voices of: Gulshan Grover, Jimmy Sheirgill, Sameera Reddy, Raza Murad, Kunal Kapoor, Mukesh Rishi and Vikram Gokhale.




ay

Improving innovation policy and ensuring good governance would help raise living standards in Colombia, OECD says

Good public policies are central to well-functioning economies. Better policies on innovation, combined with high-quality regulations and a more efficient public administration, can help Colombia create jobs, boost economic growth and support development, according to three new OECD reports.




ay

Reducing red tape in business would boost Greek productivity, OECD says

Greece could save its businesses hundreds of millions of euros a year and improve their competitiveness by reducing administrative burdens, according to a new OECD report.




ay

Supporting regulatory reform in Malaysia

The OECD is supporting Malaysia to implement regulatory reforms supporting the country’s economic, social and environmental goals, as well as regional and global competitiveness.




ay

Malaysia’s economic success story and challenges

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.




ay

Boosting productivity in Malaysia

Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs.




ay

Reform services trade policies to boost the global economy, OECD says

Better services trade policy can stimulate inclusive economic growth by promoting access to the information, skills, technology, funding and markets needed for success in an increasingly digital global economy, according to a new OECD report.




ay

Mr. Angel Gurría, Secretary-General of the OECD, in Brussels on 6 May 2019

Mr. Angel Gurría, Secretary-General of the OECD, will be in Brussels on 6 May 2019 to present the OECD publication “The European Union: a People-Centred Agenda - An International Perspective”.




ay

Iceland: Better coordination among authorities needed to tackle foreign bribery, says OECD

Iceland must do more to ensure its law enforcement authorities are coordinated and adequately resourced to investigate and prosecute economic and financial crime, including foreign bribery, says the OECD in a new report.




ay

Corruption : OECD recognises Norway’s commitment to the fight against foreign bribery and recommends further improvements

Norway has made significant progress in its efforts against the bribery of foreign public officials in recent years, according to a new OECD report. But more could be done to strengthen enforcement, including by focusing on the confiscation from companies of the proceeds of bribery.




ay

Corruption: Luxembourg must implement without delay its legislation against the bribery of foreign public officials, says OECD

Luxembourg must step up its efforts to detect and prosecute cases of bribery of foreign public officials, particularly now that its legal framework has been strengthened, in compliance with the Anti-Bribery Convention




ay

The OECD acknowledges progress made, and says Mexico should further prioritise fighting foreign bribery

Mexico has improved, but needs to give greater priority to the criminal enforcement of bribery and ensure that its criminal law enforcement authorities have all the resources and expertise they need to seriously investigate all allegations, according to a new OECD report.




ay

Korea making notable progress on fighting foreign bribery; further improvements needed, says OECD

Korea has improved its information and intelligence gathering capacity in foreign bribery cases, but should be more proactive in investigating allegations, according to a new OECD report.




ay

Slovak Republic must urgently introduce effective legislation holding companies liable for foreign bribery, says OECD

20/06/2012 - The Slovak Republic must urgently meet its obligations under the Convention it signed 12 years ago and introduce an effective corporate liability regime so that Slovak companies are held accountable for the bribery of foreign public officials in cross-border business deals, says a new OECD report.




ay

Making Sure That Bribes Don’t Pay

To mark the 15th anniversary of the signature of the OECD Anti-Bribery Convention, Mark Pieth and Huguette Labelle call on Parties to the OECD's Anti-Bribery Convention to step up enforcement of their anti-bribery laws.




ay

Austria’s enforcement of foreign bribery laws far too weak, but could pick up soon says OECD

The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking up, with one case being tried, two more cases soon to be tried, and four ongoing investigations.




ay

Netherlands must significantly step up its foreign bribery enforcement, says OECD

The Netherlands is failing to vigorously pursue foreign bribery allegations and must do more to enforce its foreign bribery laws. Fourteen out of 22 foreign bribery allegations have not triggered the opening of an investigation, calling into question the Netherlands’ ability and proactivity in investigating and prosecuting this crime.




ay

Portugal needs proactive enforcement to tackle severe foreign bribery risks, says OECD

Portugal’s enforcement of its foreign bribery laws has been extremely low. Not a single prosecution has resulted from 15 allegations of Portuguese companies bribing foreign officials in high-risk countries.




ay

Belgium should address “flagrant” lack of resources for fighting foreign bribery, says OECD

Fighting foreign bribery is not a priority in Belgium. Together with the flagrant lack of resources for Belgian law enforcement authorities, this has resulted in very few foreign bribery investigations and prosecutions. In the 14 years since the entry into force of the foreign bribery offence in Belgium, only one case of bribery of foreign public officials has been concluded.




ay

New Zealand not immune from foreign bribery, says OECD

New Zealand must significantly increase its efforts to detect, investigate and prosecute foreign bribery. Since joining the Convention over 12 years ago, New Zealand has not prosecuted any cases of foreign bribery and only four allegations have surfaced to date. Outdated perceptions that New Zealand individuals and companies do not bribe may have also undermined detection efforts.




ay

OECD Working Group on Bribery report on Ireland launches Wednesday 18 December 2013

The OECD Working Group on Bribery will release a report tomorrow Wednesday 18 December at 12.00 CET/11.00 Dublin time on Ireland’s efforts to fight foreign bribery.




ay

Ireland must urgently apply more resources to enforce Anti-Bribery Convention, says OECD

Ireland should increase its resources to detect and investigate foreign bribery more efficiently. Resources have, in recent years, been largely devoted to investigating non-bribery cases in the financial sector. Ireland has not prosecuted a foreign bribery case in the twelve years since its foreign bribery offence came into force, and law enforcement has taken few proactive steps to investigate allegations.




ay

Progress made but Chile should better detect and thoroughly investigate foreign bribery, says OECD

Chile has made positive efforts to implement the Convention, but there has not been a single foreign bribery conviction. Chile did not sufficiently investigate several of the six foreign bribery allegations that have surfaced since 2001. Chile should improve its investigative and detection efforts, says OECD




ay

Lack of enforcement jeopardises South Africa’s fight against foreign bribery; OECD concerned that political and economic considerations may be an influence

South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery.




ay

Estonia needs to promptly address rising foreign bribery risks, says OECD

Estonia’s framework for combating foreign bribery may be inadequate to efficiently tackle rising foreign bribery risks resulting from its increasingly export-intensive economy.




ay

Slovenia must urgently prioritise the fight against foreign bribery, says OECD

Serious steps must be taken by Slovenia to ensure that it effectively detects, investigates and prosecutes allegations of transnational bribery.




ay

Spain has strong measures to combat money laundering and terrorist financing but improvements needed, says FATF

Spain has created a strong system to combat money laundering and terrorist financing, but improvements are needed in certain key areas, according to a new report by the Financial Action Task Force.




ay

Spain has strong measures to combat money laundering and terrorist financing but improvements needed, says FATF

Spain has created a strong system to combat money laundering and terrorist financing, but improvements are needed in certain key areas, according to a new report by the Financial Action Task Force.




ay

International Anti-Corruption Day - 2014

As part of the International Anti-Corruption Day, the OECD has joined Member and Partner countries and other International Organisations in raising awareness about the costs and detrimental effects of corruption.




ay

Argentina seriously non-compliant with key articles of Anti-Bribery Convention, says OECD

The OECD Working Group on Bribery doubts Argentina’s commitment to fight foreign bribery. Argentina still has no law to punish companies for foreign bribery or prosecute its citizens who commit this crime abroad. Widespread delays continue to plague complex economic crime investigations.