The Latest Breaking News from OECD

Japanese leader’s signature economic strategy has been criticised for lacking concrete details or targets.

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Public funding of education was cut in Australia during the early stages of the coronavirus pandemic, as most of the OECD did the opposite, according to a new report.

The federal government has begun moving on international tax reforms.

The Organisation for Economic Co-operation and Development (OECD) published a gloomy economic forecast for 2023 on September 26 – suggesting that Europe faces a very difficult economic climate if the current energy crisis worsens, with winter temperatures likely to be a decisive factor.

Australia isn’t alone in facing an aged care workforce shortage. Right across the developed world, there just aren’t enough people to do the job.

Global stock markets are tanking on fears of recessions in the US, the UK and Europe, and the OECD is actually forecasting recessions in Europe.

The Organization for Economic Cooperation and Development says Russia’s war in Ukraine and the lingering effects of the COVID-19 pandemic are dragging down global economic growth more than expected and driving up inflation that will stay high into next year

Paris (AFP) - The world economy will take a bigger hit than previously forecast next year due to the effects of Russia's war in Ukraine, the OECD said Monday.