The Latest Breaking News from OECD

At age 69, Kim Jung-mi holds three jobs: she spends three hours getting a two-year old home from kindergarten every weekday for $9 per hour, then washes vegetables at a store that sells kimchi. Occasionally, she walks her neighbour's dog.

On March 5, China announced a GDP growth target for this year of about 5.5%, the lowest target since 1991. But that should not come as a surprise. In 2013, World Bank economists and the Chinese State Council projected that China's annual growth rate would decline to 5% by 2030.…

In the past six years, Aucklanders’ satisfaction with council has never been higher than 27%. Aucklanders may want to change that so they can have greater confidence in it, says Mark Thomas

If the UK kept pace with the OECD average annual pay since 2007, the typical UK worker’s pay packet would be worth £4,000 more today

Russia's invasion of Ukraine will be felt by households around the world through higher energy and food prices, with disruptions to trade and fragile confidence contributing to a significant weakening of global economic growth, the Organization for Economic Cooperation and Development said Thursday.

The Organisation for Economic Co-operation and Development has warned of a major shock to the global economy from the Russian invasion of Ukraine. In its latest report, the OECD estimates that it could wipe a percentage point off global economic growth this year, and drive up inflation by 2.5 percentage…

Leading thinktank raises global inflation forecast to 7.5% as cost of food staples, minerals and energy rises

See how Australia’s sluggish Covid booster rate compares to those in the rest of the OECD

As we emerge from the pandemic-induced economic slump into a world of higher inflation shaped by ongoing crises, like Brexit and the war in Ukraine, quite how we make the UK more competitive is a burning question. There are many sources of competitiveness but a crucial one is how a…

New international guidelines may even allow Britain and other western countries to claim back substantially more money than they paid for vaccine supplies

The PwC study also found the Covid-19 pandemic exacerbated gender inequalities