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OECD report measures human cost of crisis; underlines need to invest in well-being

The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.




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Improved multi-level governance key to tackling widening regional inequalities and ensuring inclusive recovery

The economic crisis has hit certain regions and cities harder than others in the OECD area, calling for better regional policies across levels of governments to foster an inclusive and sustainable recovery, according to two new OECD reports.




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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.




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Making the best of new energy resources in the United States

Since around 2007, the country has been enjoying an “energy renaissance” thanks to its abundant stocks of shale oil and gas. The resurgence in oil and gas production is beginning to create discernible economic impacts and has changed the landscape for natural gas prices in the United States, boosting competitiveness.




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Economic uncertainties and their impact on activity in Greece compared with Ireland and Portugal

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.




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Reducing macroeconomic imbalances in Turkey

Turkey recovered swiftly from the global financial crisis but sizeable macroeconomic imbalances arose in the process.




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Poorer regions struggling to catch up in advanced economies, says OECD

Living standards continue to diverge within many economically advanced countries as poorer regions struggle to catch up with richer ones. Half of the 34 OECD countries have seen the income gap between their best-off and worst-off regions widen since the 2008 crisis, according to new OECD research.




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Emerging Asia to see healthy medium-term growth but institutional reforms will be critical for future, says the OECD Development Centre

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.




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Trust is all you need... - educationtoday blog

Trust is the glue that holds societies together. It is essential for most social and economic relations. Since the beginning of the economic crisis, OECD countries have been under pressure to restore trust in their institutions, especially in their governments.




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Social Media Use by Governments: A Policy Primer to Discuss Trends, Identify Policy Opportunities and Guide Decision Makers

This working paper takes a comparative snapshot of social media use in and by OECD governments. The focus is on government institutions, as opposed to personalities, and how they manage to capture the opportunities of new social media platforms to deliver better public services and to create more open policy processes.




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Governing the City: The case study of Chicago, United States

This chapter aims to assess the degree of fragmentation in the metropolitan governance in Chicago (Illinois), United States and its impact on transport and land-use planning, and to identify possible avenues for reform.




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UN World Conference on Disaster Risk Reduction, Sendai, Japan

The OECD event "Risk Governance and Resilient Cities" will examine how risk governance can better manage complex risks and how to improve the resilience of cities to these risks.




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Urban Green Growth in Dynamic Asia: Knowledge Sharing

Knowledge sharing is critical in fostering urban green growth. Cities in dynamic Asia urgently need to adopt and strengthen green growth models that take into account rapid urbanisation, industrialisation, and motorisation.




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Federal-state relations in Australia

The government’s current review of the federal system, focusing on both spending and tax responsibilities, is welcome, as is the “whole of government” approach to the process.




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Cities need new finance options and better governance to tackle future water risks

Rapid population growth, ageing infrastructure and new weather risks are straining the ability of cities in OECD countries to provide clean water and to protect against floods and droughts, according to a new OECD report. Cities will need large-scale investment and more effective tariffs and taxes to pay for upgrades to water systems.




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What we've learned–and have still to learn–from the financial crisis*

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.




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Reforming the tax on immovable property: taking care of the unloved

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.




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Ageing in Cities: Cities need to plan ahead for an ageing population

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.




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Baltimore: Smacked Down by the Invisible Hand - Insights Blog

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.




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Improving water safety and global prosperity: Preparedness, participation and return

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.




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Open Government Data: Shedding light on government, one dataset at a time

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




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More effort needed on government integrity to help restore public trust

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.




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Reaching Maturity in Government Use of Social Media

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.




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Reducing inequality and poverty in Portugal

Portugal has one of the most unequal income distributions in Europe and poverty levels are high. The economic crisis has halted a long-term gradual decline in both inequality and poverty and the number of poor households is rising, with children and youths being particularly affected. Unemployment is one of the principal reasons why household incomes declined.




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Multi-level governance and robust water allocation regimes needed to secure Brazil’s future water needs

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.




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Healthcare costs unsustainable in advanced economies without reform

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.




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Further reforms needed to tackle growing risk of pensioner poverty

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.




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Political finance needs tighter regulation and enforcement

Many economically advanced countries are failing to fully enforce regulations on political party funding and campaign donations or are leaving loopholes that can be exploited by powerful private interest groups, according to a new OECD report.




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Public spending efficiency in the OECD: benchmarking health care, education and general administration

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.




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Japan will need reforms to ease economic blow of a shrinking workforce

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.




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OECD Toolkit aims to spur high-speed Internet use in Latin America & the Caribbean

Internet access and use is growing in Latin America and the Caribbean (LAC), but the region needs to move faster in adding broadband infrastructure, expanding access and services and equipping people with the right skills for firms and households to fully benefit, according to a new OECD report.




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Mexico’s future will be decidedly ‘Open’ - Insights blog

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




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Torreon marks an adequate pace in improving the quality of regulations and administrative procedures

The Municipality of Torreon sets the foundations to address and implement the 267 recommendations delivered by the OECD in February 2016




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MENA countries need structural reforms to spur trade, investment, jobs and trust

Middle Eastern and North African countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD told ministers from the region today.




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Public consultation on the revised Methodology for Assessing Procurement Systems (MAPS)

The public consultation took place from 1 August to 31 October 2016.




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Trends in public finance: insights from a new detailed dataset

To investigate how public finances could best be designed to promote long-run growth and address inequality, it is essential to have comprehensive, cross-country comparable data on government spending and revenues, along with structural and policy indicators.




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International tax planning and fixed investment

This paper assesses how international tax planning affects real business investment by multinationals. Earlier studies have shown that corporate taxes reduce business investment. This paper shows that tax planning multinationals are less sensitive to corporate taxes than other firms in their investment decisions.




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One in five mobile phones shipped abroad is fake

Nearly one in five mobile phones and one in four video game consoles shipped internationally is fake, as a growing trade in counterfeit IT and communications hardware weighs on consumers, manufacturers and public finances, according to a new OECD report.




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2017 Global Platform for Disaster Risk Reduction, Cancun, Mexico

The United Nations Office for Disaster Risk Reduction (UNISDR) coordinates global disaster risk reduction efforts among United Nations agencies and international organisations. The OECD is hosting an event to see how governments and stakeholders can best work together to strengthen economic and social resilience through improve risk governance.




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Making income and property taxes more growth-friendly and redistributive in India

Tax reforms are crucial to promoting inclusive growth in India.




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Assessment of key anti-corruption related legislation in the Slovak Republic's public sector

The OECD assessed the legal framework of key anti-corruption related legislation in the Slovak Republic in order to set the ground for strengthening integrity in the Slovak public sector and beyond.




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Evidence-informed policy making

The event, organised by the OECD Directorate for Public Governance in cooperation with the European Commission’s Joint Research Centre (JRC), the Campbell Collaboration and the International Network for Government Science Advice (INGSA), developed a strategic agenda for the OECD on how to connect policy evidence on what works and what doesn’t.




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Getting Governments Organised to Deliver on the SDGs

This side event at the "High Level Political Forum on Sustainable Development" will provide a focused discussion on how governments can tackle the governance challenges in the implementation of the 2030 Agenda.




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Related Party Transactions and Minority Shareholder Rights

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.




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OECD calls for reform of governance of state-owned firms in the Middle East and North Africa

Middle Eastern and North African countries should reform the governance of their state-owned enterprises to bring about greater public accountability and improve their efficiency, according to a new OECD report.




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State-Owned Enterprises - Trade Effects and Policy Implications

With growing integration via trade and investment, state-owned enterprises (SOEs) that have traditionally been oriented towards domestic markets increasingly compete with private firms in the global market place. This paper discusses the extent of state ownership in the global economy, the advantages and disadvantages that SOEs can face, and how potential SOE advantages can generate cross-border effects.




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Boards of Directors of State-Owned Enterprises: An Overview of National Practices

Boards of directors of SOEs play a fundamental role in corporate stewardship and performance. Over the last decade, OECD governments have sought to professionalise SOE boards, ensure their independence and shield them from ad hoc political intervention. In general these approaches have worked; yet, more remains to be done. This report seeks to shed slight on good practices drawing on national practices from over 30 economies.




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State-Owned Enterprises in the Middle East and North Africa: Engines of Development and Competitiveness?

SOEs are an important feature of the economic landscape in the MENA region. This report examines their contribution to industrial development, diversification, poverty elimination and the provision of goods and services. It assesses ownership and governance practices and makes recommendations to policymakers, managers and boards.




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Colombian SOEs: A Review Against the OECD Guidelines on Corporate Governance of State-owned Enterprises

This report evaluates the corporate governance practices of Colombian SOEs against the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The assessment was prepared based on information provided by the Colombian authorities, an analysis of the available literature and interviews with authorities, consultants, academics, and company as well as stakeholder representatives.




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Proposed EU responsible trading strategy for minerals from conflict zones

The European Commission has proposed an integrated EU approach to stop profits from trading minerals being used to fund armed conflicts. The package of measures aims to make it more difficult for armed groups in conflict-affected and high-risk areas to finance their activities through the mining of and trade in minerals.