Can both less income inequality and more growth be achieved? A recent OECD study sheds new light on the link between policies that boost growth and the distribution of income.

Chicago is at a tipping point: despite economic strengths, it faces considerable challenges to compete in the “Premier League” of world-class cities, warns the OECD’s review of the Chicago Tri-State Metropolitan Region.

This report compares urbanisation trends on the basis of a common methodology which helps cross-country comparison of the socio-economic and environmental performance of metropolitan areas in 28 OECD countries.

On 8 June 2012 an International Seminar on « Ensuring Transparency and Integrity in Lobbying : Towards a Regulatory Framework » will take place in Moscow, Russia.

A return to growth is essential to leave the crisis behind. But the path to growth will be difficult for governments if they do not rebuild trust with their citizens.

OECD countries are intensifying their fiscal consolidation efforts, introducing additional measures and extending the time horizon to implement them. Most have announced fiscal consolidation of more than 3% of GDP over the period 2009-15, according to the OECD’s Restoring Public Finances 2012.

In collaboration with the Federal Government of Germany, the OECD organised four workshops at the International Regulatory Reform Conference (IRRC) 2013 in Berlin. The workshops focused on the use of cost-benefit analysis in governmental decision making, as well as on the role of key actors of regulatory governance in the regulatory policy cycle: Parliaments, regulatory agencies and audit offices.

Restoring fiscal sustainability is a major challenge in Slovenia. Yet, the performance in terms of expenditure control is poor and public expenditure on social spending increased briskly during the crisis, significantly more than on average across the OECD.

The Forum addressed key challenges in designing and implementing a system that ensures compliance in a cost-effective way.

Italy’s policy of fiscal consolidation and growth-friendly structural reforms has substantially improved its economic prospects, but the adverse sentiment that the country has faced in the sovereign bond market over the past years has deep roots.

The report "Regulatory Reform in the Middle East and North Africa" assesses progress in the implementation of regulatory policy within the MENA region and highlights good practices from Bahrain, Egypt, Jordan, Lebanon, Mauritania, Morocco, the Palestinian Authority and Tunisia.

The metropolitan region of Aix-Marseille in the south of France needs to tackle its fragmentated governance if it is to return to more inclusive and sustainable economic growth, according to a new OECD report.

Using panel data for OECD countries, this study investigates the extent to which changes in government spending on education, health and other areas influence long-term growth.

This blog, written by ODI's Anna Locke, discusses land governance and transparency definitions, initiatives and key lessons. The post is part of Wikiprogress' spotlight on governance.

A major flooding of the Seine River similar to the flood disaster of 1910 could affect up to 5 million residents in the greater Paris area and cause up to 30 billion euros worth of damage, according to a new OECD report.

Uncertainty faced by households and firms affects economic activity. The rise in uncertainty since the beginning of the sovereign debt crisis in Greece could be one factor that has contributed to the steep and long-lasting recession. This paper presents a brief empirical analysis quantifying this phenomenon and compares it with developments in Ireland and Portugal.

Blog article by Cobus de Swardt, Managing Director of Transparency International, written for the OECD Integrity Forum 2015.

The tax on immovable property recently started to regain its former significance, but the tax yield still remains low, with slightly more than 1% of GDP and wide variation across countries.

Report comparing Hungary on key indicators of government activities with its neighbouring countries (Austria, Czech Republic, Germany, Poland, Slovak Republic and Slovenia) as well as the OECD average.

In January of this year I visited the Mexican state of Tabasco– a state crossed by rivers and facing the Gulf of Mexico. The state’s population has doubled over the past 30 years and its economy relies heavily on oil and natural gas resources. It has its challenges as well: unemployment, poverty and a lack of resources.

Healthcare costs are rising so fast in advanced economies that they will become unaffordable by mid-century without reforms, according to a new OECD report.

This paper uses data envelopment analysis (DEA) to assess the efficiency of welfare spending in a sample of OECD countries around 2012, focussing on health care, secondary education and general public services.

To achieve a euro area fiscal stance that fosters the recovery, countries with fiscal space under the Stability and Growth Pact rules should use budgetary support to raise growth, and existing incentives and flexibility should be taken advantage of to pursue reforms of tax and spending policies.

Toolkit providing a gateway to the various global budget and fiscal transparency institutions, official instruments, standards, and guidance materials.

This publication reviews provisions covering related party transactions and the protection of minority shareholder rights in 31 countries. It includes in-depth reviews of Belgium, France, Italy, Israel and India.

This paper charts the key changes in equity markets over the last decade or so which may affect the conditions for corporate governance. It also provides a brief overview of related policy discussions and selected national initiatives that have been taken as a response to equity market developments.

This paper provides a framework for analysing ownership engagement by institutional investors. It argues that the general term “institutional investor” in itself doesn’t say very much about the quality or degree of ownership engagement. It is therefore an evasive “shorthand” for policy discussions about ownership engagement.

This paper examines shareholder claims for reflective loss under investment treaties in light of comparative analysis of advanced systems of corporate law; considers the impact of allowing shareholder claims for reflective loss on key characteristics of the business corporation; and explores possible responses by different categories of investors to the availability of shareholder claims for reflective loss under investment treaties.

This book presents the findings of an OECD policy dialogue with Indian stakeholders on policies to improve the monitoring and prevention of abusive related party transactions in India.

Two years ago today, the Rana Plaza building in Bangladesh’s capital Dhaka collapsed, killing over 1,100 people and injuring another 2,500. The dead and injured were garment workers. This blog post looks at due diligence in the apparel supply chain.

Most businesses are good. They pay their taxes, they create employment, they abide by the laws, and they generally contribute to the societies in which they operate. But what can be done when businesses behave badly? This blog discusses the National Contact Points, the unique grievance mechanism of the OECD Guidelines for Multinational Enterprises, and how could be improved to better fulfill their potential.

The private sector plays an important role in economic development. However to be beneficial to local populations, business must act responsibly. Part 2 of this blog focuses on how community engagement can help business achieve this, in harmony with the OECD Guidelines for Multinational Enterprises, and reinforce the link between responsible business and inclusive growth.

Investment treaties are intended to offer foreign investors protection for their investments from host government conduct in violation of the treaty. This report examines how many investment treaties, as interpreted, have generated rules that can disrupt fundamental principles of corporate governance and corporate finance.

This report provides an overview of national approaches to disclosure and transparency in the state-owned enterprise (SOE) sector in nine Asian economies: Bhutan, India, Kazakhstan, Korea, Malaysia, Pakistan, Philippines, Thailand and Viet Nam.

30/01/2018 - The China National Textile and Apparel Council (CNTAC) and the OECD today signed a Memorandum of Understanding (MoU) that sets out their commitment to intensify co-operation to promote responsible business in global textile and apparel supply chains.

For proof that the tech industry is not particularly welcoming to women, one need look no further than Google, where women account for just 31% of headcount, falling to a mere 20% in pure tech roles. They are also paid less than their male counterparts, according to a class action lawsuit filed in 2017 by three former employees on behalf of “all women employed by Google in California” for discrimination and unequal pay for equal work. Which did nothing to stop another former employee, who had been laid off after circulating a sexist memo, lodging his own complaint against the Internet giant for “ostracising” conservative white men.

Artificial intelligence is still in its early days and policymakers are still finding their feet. To what extent can they, and should they, encourage this powerful new technology, and how can they address any risks? The OECD Principles on AI can help. They promote artificial intelligence (AI) that is innovative and trustworthy and that respects human rights and democratic values.

Household Saving Rate In the Euro Area remained unchanged at 13.04 percent in the fourth quarter of 2019 from 13.04 percent in the third quarter of 2019. Personal Savings in the Euro Area averaged 12.83 percent from 1999 until 2019, reaching an all time high of 14.18 percent in the first quarter of 1999 and a record low of 11.43 percent in the first quarter of 2018. This page provides the latest reported value for - Euro Area Personal Savings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports of Wearing Apparel in Germany decreased to 1707822 EUR THO in February from 1911655 EUR THO in January of 2020. Exports of Wearing Apparel in Germany averaged 1040179.84 EUR THO from 2000 until 2020, reaching an all time high of 2116911 EUR THO in September of 2019 and a record low of 391696 EUR THO in December of 2001. This page includes a chart with historical data for Germany Exports of Wearing Apparel.

Industrial Production In the Euro Area decreased 1.90 percent in February of 2020 over the same month in the previous year. Industrial Production in the Euro Area averaged 1.01 percent from 1991 until 2020, reaching an all time high of 9.70 percent in August of 2000 and a record low of -21.30 percent in April of 2009. in the Euro Area, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Euro Area Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment In the Euro Area increased by 0.30 in December of 2019. Employment Change in the Euro Area averaged 0.21 percent from 1995 until 2019, reaching an all time high of 0.70 percent in the first quarter of 2000 and a record low of -0.80 percent in the first quarter of 2009. in the Euro Area, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment. This page provides the latest reported value for - Euro Area Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production In the Euro Area decreased 0.10 percent in February of 2020 over the previous month. Industrial Production Mom in the Euro Area averaged 0.08 percent from 1990 until 2020, reaching an all time high of 3.20 percent in January of 2016 and a record low of -4.10 percent in January of 2009. in the Euro Area, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Euro Area Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Transport in New Zealand increased to 2804 NZD Million in the fourth quarter of 2019 from 2763 NZD Million in the third quarter of 2019. GDP From Transport in New Zealand averaged 1816.66 NZD Million from 1987 until 2019, reaching an all time high of 2822 NZD Million in the second quarter of 2019 and a record low of 941 NZD Million in the second quarter of 1987. This page provides - New Zealand Gdp From Transport, Postal, and Warehousing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in the United States increased to 561.20 USD Billion in the fourth quarter of 2019 from 559 USD Billion in the third quarter of 2019. GDP From Transport in the United States averaged 490.86 USD Billion from 2005 until 2019, reaching an all time high of 565.40 USD Billion in the fourth quarter of 2018 and a record low of 429.60 USD Billion in the first quarter of 2005. This page provides - United States Gdp From Transportation and Warehousing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Euro Area recorded a Government Budget deficit equal to 0.60 percent of the country's Gross Domestic Product in 2019. Government Budget in the Euro Area averaged -2.76 percent of GDP from 1995 until 2019, reaching an all time high of -0.50 percent of GDP in 2018 and a record low of -7.30 percent of GDP in 1995. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Euro Area Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Starts in Russia increased to 5.30 Million Sq Meter in March from 4.60 Million Sq Meter in February of 2020. Housing Starts in Russia averaged 4.59 Million Sq Meter from 1996 until 2020, reaching an all time high of 19.70 Million Sq Meter in December of 2014 and a record low of 0.40 Million Sq Meter in January of 1996. In Russia, Housing Starts is measured by the total area of started constructions. This page provides the latest reported value for - Russia Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Euro Area recorded a government debt equivalent to 84.10 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in the Euro Area averaged 77.94 percent from 1995 until 2019, reaching an all time high of 92.80 percent in 2014 and a record low of 65.90 percent in 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides the latest reported value for - Euro Area Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages In the Euro Area increased 2.30 percent in December of 2019 over the same month in the previous year. Wage Growth in the Euro Area averaged 1.88 percent from 2009 until 2019, reaching an all time high of 3.40 percent in the second quarter of 2009 and a record low of 0.80 percent in the third quarter of 2010. In the Euro Area, wage growth refers to the change in the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including home workers), in return for work done during the accounting period, regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly. This page provides the latest reported value for - Euro Area Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mining production In the Euro Area decreased 11.20 percent in January of 2020 over the same month in the previous year. Mining Production in the Euro Area averaged -1.78 percent from 1990 until 2020, reaching an all time high of 42.30 percent in September of 1990 and a record low of -27.90 percent in April of 2009. This page provides the latest reported value for - Euro Area Mining Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages In the Euro Area increased to 1887 EUR/Month in the third quarter of 2019 from 1869 EUR/Month in the second quarter of 2019. Wages in the Euro Area averaged 1528.05 EUR/Month from 1999 until 2019, reaching an all time high of 1887 EUR/Month in the third quarter of 2019 and a record low of 1176 EUR/Month in the first quarter of 1999. This page provides the latest reported value for - Euro Area Average Monthly wage per person - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.