The Colombian corporate tax system is highly complex and distortive. The effective tax burden on businesses is very high due to the combined effect of the corporate income tax, the corporate surtax introduced in 2012 (CREE), the net wealth tax on business assets and the value added tax (VAT) on fixed assets.

The OECD and Ukraine today signed an Action Plan for strengthening co-operation to help tackle corruption, improve public governance and the rule of law, boost investment and foster a dynamic business environment.

Financial crises do more than impose huge costs: they have bigger and more insidious effects. We face big challenges in maintaining the supply of global public goods as the world integrates. But these challenges will not be managed successfully if we do not first overcome the legacy of the crisis.

Colombia has engaged in a sustained process of fiscal decentralisation over the past decades. Evidence is presented that the current framework is conducive to fiscal sustainability, especially after the reforms in the late 1990s and early 2000s.

Improving public sector efficiency can help to meet two conflicting objectives: ensuring fiscal consolidation and maintaining room for growth-friendly spending.

This report shows that cities in advanced economies are growing older more quickly than rural areas. In OECD cities, 14% of people were over 65 in 2011 up from 12% in 2001. The trend will put pressure on cities to rethink some infrastructure and plan for an ageing labour force, change in revenue lower tax revenues, rising demand for social housing and higher spending on health and social care.

Blog: Anecdotal evidence suggests there are loads of grumpy old men and women around. A new, evidence-based report from the OECD offers some clues as to why this should be.

The recent riots in Baltimore following the death of Freddy Gray bring a tragic focus, once again, on inequality. Maryland’s largest city, Baltimore is a perfect laboratory to study it, thanks in part to the superb comparative statistics the city keeps. OECD Insights Blog.

As the OECD celebrates its 10th Rural Conference this edition will look at the next steps for the OECD Rural Policy Programme and consider the direction for future work.

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.

Colombia needs a comprehensive tax reform that boosts revenues and shifts the tax burden to support more inclusive and green growth. Tax loopholes and exemptions that reduce the tax base and favour mainly the rich should be reduced significantly.

This paper contributes to the scarce literature on the macroeconomic effects of property taxes, in particular on the relationships between property taxes, house prices and the wider economy.

OECD Insights Blog on the benefits to governments that pursue open government data initiatives.

Ministers from OECD’s 34 member countries today welcomed the new OECD Principles on Water Governance, which set standards for more effective, efficient and inclusive design and implementation of water policies, and encouraged governments to put them into action.

The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work.

Newsletter for OECD Regional Development Policy giving an overview of projects from January-June 2015.

Better access to and use of public sector information (PSI), including open government data, are inter-related parts of the shift towards knowledge-based economies, and drivers of innovation, growth and employment. PSI can be used directly to generate products and services, and it contributes in a wide variety of ways to improving efficiency and productivity across the economy (including within the public sector).

The Municipality of San Luis Potosi scores an 87% progress in implementing the OECD Guide to Improve the Quality of State and Municipal Regulations.

Government at a Glance 2015, published on 6 July, offers a dashboard of key indicators to help analyze international comparisons of public sector performance. Given the timing of the release, it seems appropriate to focus on Greece to gain a balanced understanding of the country's challenges and strengths.

This paper examines the various issues in defining and measuring debt, and explores other data which could be useful, both within and beyond the general government debt concept, to better track and analyse fiscal risks and sustainability issues.

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

The objective of this paper is to calculate endogenous government debt limits given the markets assessment of the probability to default.

The objective of this paper is to define long-run prudent debt targets for OECD countries and country-specific fiscal rules. To this end, a semi-structural macroeconomic model for OECD countries and primary balance reaction functions are estimated.

The annual meeting of the OECD Schools of Government Network on the theme of Skills for a World Class Civil Service will be held on 6 July 2015, at the OECD in Paris.

Countries need to do more to identify and reduce conflicts of interest and other breaches of integrity to help win back trust in national governments, which surveys suggest remains below pre-crisis levels, according to a new OECD report.

Ensuring that permanent spending or tax cuts are implemented in a sustainable manner would encourage the strong fiscal position that New Zealand needs to meet potentially large macroeconomic shocks and long-run ageing-related costs.

Fiscal constitutions comprise the set of rules and frameworks guiding fiscal policy that are enshrined in a country’s fundamental laws.

There are concrete steps that can be taken in achieving a culture of integrity. To achieve this, we work with countries to adopt a whole-of-society approach. That means all stakeholders, public, private and civil society, must work together to make it happen.

Report looks at how to create the environment in government where innovation is encouraged and nurtured.

Blog post reviewing the recent trends in the use of social media by governments. The article includes a look at the the top 30 government Twitter a/c's and the fastest growing accounts.

This working paper explores avenues to improve public sector efficiency in Latvia, a catching-up and ageing economy where spending needs are large.

The recent droughts in Brazil’s Rio de Janeiro and São Paulo states have exposed the need to shift from crisis management to effective risk governance of the country’s water resources, according to a new OECD report.

With gross government debt of 226% of GDP, Japan’s fiscal situation is in uncharted territory and puts the economy at risk. Japan needs a detailed and credible fiscal consolidation plan, including specific revenue increases and measures to control spending to restore its fiscal sustainability.

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.

Digital security risk should be treated as an economic rather than a technical issue, and should be part of an organisation’s overall risk management and decision-making, according to a new OECD Recommendation to member countries.

The FAO, OECD and UNCDF launched a joint multi-year initiative to assess Food Security and Nutrition (FSN) policies from a territorial perspective. This joint initiative will assess, scale up, and pilot innovative policy approaches and governance mechanisms to improve food security and nutrition in rural areas, in both emerging and developing countries.

Ministers and cabinet-level officials from OECD countries and beyond will participate to help determine how we shape the policy cycle to deliver inclusive outcomes.

Governments should do more to improve the design and delivery of new laws, as even small efforts to fix regulatory shortcomings can have a tangible positive impact on economic activity and well-being, according to a new OECD report.

Governments find it hard to make financial plans for disasters, and that’s not just because disasters are unpredictable and outsized. It’s because post-disaster demands on governments are also unpredictable, driven by public and political pressure.

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds.

The Governance Practitioner’s Notebook takes an unusual approach for the OECD-DAC Network on Governance (GovNet). It brings together a collection of specially written notes aimed at those who work as governance practitioners within development agencies.

Brazil has made significant progress in building a reputation for sound fiscal policy since it passed the Fiscal Responsibility Law in 2000. In recent years, however, the fiscal situation has become more difficult as public spending and gross debt have risen.

Recent reforms have made pension systems more financially sustainable and pensioners have higher living standards than ever before. But future generations are likely to find their pension entitlements much less generous than today’s and many may face a serious risk of pensioner poverty, according to a new OECD report.

Mayors and ministers gathered for the 6th OECD Roundtable concluded that the solution to climate change will happen in cities. National governments alone will not be able to tackle environmental challenges, sustainable development should include cities and their governments as main stakeholders. Creating sustainable cities is a global agenda and Habitat III is an opportunity to shape the global urban agenda for the next 20 years.

This paper analyses income inequality in Ireland using a new panel dataset based on the administrative tax records of the Revenue Commissioners for Ireland.

TThe economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix.

The Regional Development Policy Division was honoured to have been selected by the Regional Studies Association (RSA) to receive the Institutional Ambassador Award 2015 on 18 November. The award is in recognition of the high calibre of reports and measurement tools produced by the Regional Development Policy Committee and its supporting Working Parties.

The 5th OECD High Level Risk Forum (HLRF) brought together policy makers from 30 governments, practitioners from the private sector and experts from think tanks and academia to share good practices with the aim to improve the governance and management of complex risks.

This paper re-estimates the elasticities of government revenue and expenditure items with respect to the output gap for OECD countries. These elasticities are used by the OECD to calculate cyclically adjusted fiscal balances. The study updates the earlier 2005 study using the most recent datasets and tax codes, the coverage being confined in this paper to 35 countries, the 34 OECD member states and Latvia.