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OECD News

Asylum requests down in developed countries: OECD

Paris - Developed countries received sharply fewer asylum applications last year, a report said Wednesday, as the world remains gripped in a migrant crisis fuelled by wars and economic hardship.

Latin America faces obesity-food insecurity paradox: report

Paris - Latin America and the Caribbean is facing an obesity epidemic while paradoxically the number of people facing food insecurity in the region continues to rise, the OECD and FAO warned in a report on Monday. "In Latin America and the Caribbean ...

OECD issues report on AI in Society

The OECD has published a detailed report looking at how artificial intelligence is affecting global economies and societies. The report considers the acceleration in AI investment and the growth of startups.

In historic first, G20 weighs ageing as global risk

Hakata - Ballooning healthcare costs, labour shortages and financial services for the elderly: for the first time Sunday, the world's top policymakers are tackling economic issues relating to ageing and shrinking birthrates.

In historic first, G20 weighs ageing as global risk

Hakata - Ballooning healthcare costs, labour shortages and financial services for the elderly: for the first time Sunday, the world's top policymakers are tackling economic issues relating to ageing and shrinking birthrates.

OECD adopts new Principles on Artificial Intelligence

OECD, plus partner countries, has formally adopted a new set of OECD 'Principles on Artificial Intelligence'. This took place at the Organisation’s 2019 Ministerial Council Meeting on May 22 in Paris.

OECD says 'concerned' by Canada prosecution meddling claims

Ottawa - An international bribery watchdog on Monday said it was "concerned" by accusations of political meddling in the prosecution of engineering giant SNC-Lavalin that have dogged Canadian Prime Minister Justin Trudeau.

OECD hopes for global digital tax by 2020

Davos - OECD Secretary-General Angel Gurria said Thursday he hopes to lay the foundations this year for an international tax on digital giants that could come into force in 2020.

'High uncertainty' hurting global growth, OECD says

Paris - Global expansion is likely to slow as tensions kickstarted by US President Donald Trump's protectionist policies hit world trade, the Organisation for Economic Cooperation and Development said Thursday.

OECD warns against 'escalation' in trade tensions

Paris - The OECD on Wednesday appealed for an end to the "escalation" in global trade tensions, as the introduction of US tariffs on steel and aluminium imports loomed.

US, China talking on trade frictions, says OECD boss

Apo - The United States and China are negotiating behind the scenes to ease trade tensions, the head of the OECD said Friday, stressing that "nobody wins" in a high-level trade war.

OECD paper warns that automation puts 66 million jobs at risk

A new report by the Organisation for Economic Cooperation and Development (OECD) warns members that they are not preparing workers for an automation revolution that could see 66 million workers replaced by machines in coming years.

OECD urges world to play by trade rules as tariff row rages

Paris - Governments should stick to established rules of trade and avoid escalating disputes if they want to safeguard economic growth and protect jobs, the OECD said Tuesday.

Migrants here to stay in Europe, now integrate them, OECD says

Paris - The peak of the migrant crisis in Europe has passed but many of those who came are here to stay and governments must focus on helping them integrate, the OECD said Thursday.

Aid hit record in 2016, driven by migrant flows: OECD

Paris - Wealthy countries boosted their aid spending in 2016, investing a record $143 billion (135 billion euros) in overseas development as migrants continued to pour into Europe, the OECD said Tuesday.The 8.

New Zealand's 'green' image under threat: OECD

Wellington - New Zealand's strong economic growth is placing strains on the environment that threaten to undermine its "clean, green" reputation, the Organisation for Economic Co-operation and Development (OECD) warned Tuesday.

Better integration key to tackling anti-migrant backlash: OECD

Paris - Western governments need to tackle a growing anti-migrant backlash by helping newcomers integrate faster, the OECD said, following a sharp increase in immigration to its member states.

Brexit would lead to loss of income for Britons: OECD

London - The OECD on Wednesday became the latest international organisation to urge Britain to stay in the European Union, warning Britons would be worse off if they voted to leave in the June referendum.

Panama president seeks global efforts to handle tax haven row

Toukyo - Panamanian President Juan Carlos Varela called on Tuesday for global efforts to tackle the "Panama Papers" scandal, insisting it is not a problem just for his country but the international financial system as a whole.

Panama president vows tax cooperation with OECD: Kyodo

Toukyo - Visiting Panamanian President Juan Carlos Varela told a Japanese news agency on Monday that his country would cooperate with an OECD initiative to share tax information in the wake of the "Panama Papers" scandal.

OECD spending on refugees doubled to $12bn in 2015

Paris - OECD countries more than doubled spending on the migrant crisis last year to $12 billion (10.6 billion euros), the organisation said Wednesday as anti-poverty campaigners feared a drain on development aid.

Panama slams 'unfair' OECD accusations against it

Panama - Panama has hit back at accusations that it is a secretive offshore hub, sending a letter to the head of the OECD saying such allegations were "unfair and discriminatory.

OECD lowers growth outlook for Canadian economy

Paris - The Organization for Economic Co-operation and Development (OECD) has predicted a lower growth rate in Canada. From a 2 percent growth rate predicted earlier, the OECD now predicts a rate of only 1.4 percent.

13 million pupils in OECD nations 'failing at 15': Report

Paris - Around 13 million pupils in OECD countries have failed to attain a sufficient level of proficiency in either reading, maths or science by the time they reach 15, according to a new study released by the think-tank on Wednesday.

OECD reveals plan for tax clampdown on multinationals

Paris - The world's advanced economies announced Monday a long-awaited plan to close the loopholes on tax-avoiding multinationals that cost countries more than $100 billion a year, declaring: "Playtime is over.

Europe can cope with unprecedented migrant crisis: OECD

Paris - The sheer number of migrants coming to Europe make this year's crisis unparallelled in recent times -- but Europe has the capacity and an "obligation" to absorb them, the OECD said Tuesday.

Technology doesn't make school pupils smarter: Study

Toukyo - Computers do not noticeably improve school pupils' academic results and can even hamper performance, an OECD report said Tuesday that looked at the impact of technology in classrooms across the globe.

OECD reduces growth prediction for Canadian economy

Ottawa - The Organization for Economic Co-operation and Development has lowered its forecast for growth in Canada and also globally as new investment remains sluggish, unemployment high, and consumers reluctant to spend.

OECD cuts growth rate outlook for Canadian economy

Ottawa - The Organization for Economic Cooperation and Development(OECD) has cuts it growth rate prediction for Canada in both this year and also in 2016.

Tax summit in Berlin aims to say goodbye to banking secrecy

Berlin - The finance ministers of around 50 countries meet in Berlin on Wednesday to sign a deal they hope will put an end to banking secrecy and aid the worldwide fight against tax fraud and evasion.
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The 48th Prime Minister of Belgium Yves Leterme
The 48th Prime Minister of Belgium Yves Leterme
Photo courtesy of Yves Leterme
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Note the strong standing of Canada in the reading proficiency results.
Note the strong standing of Canada in the reading proficiency results.
Screen Grab fro PISA 2009 Results Video

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