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The Latest Breaking News from OECD

The jobs - and ageing faces - behind South Korea's record low unemployment numbers

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.

Reuters

Will Putin's war slow China's economic growth?

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.…

Bangkok Post

What should Auckland’s next mayor do?

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

Newsroom.co.nz

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Brits' pay slashed by £950 in decade of cuts - full list of 28 countries we lag behind

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

Daily Mirror

Ukraine War's Global Economic Impact Will Hit Poorest Hardest, OECD Says

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.

Bangkok Post

OECD warns of major shock to global economy from war in Ukraine

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…

France 24

Ukraine war means governments must help with soaring bills, says OECD

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

The Guardian - UK

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Tracking Australia’s booster rollout: data shows millions of eligible Australians yet to get third Covid vaccine dose

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

The Guardian - AU

Levelling up: why UK cities are less competitive than their European counterparts

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…

The Conversation

Counting vaccine donations as foreign aid will allow UK to cut £140m from budget

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

The Independent UK

South West named top UK region for women to work in

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

Birmingham Post

Scotland makes Women in Work Index gains, but slips in rankings

The proportion of working-age women in the labour force in Scotland is 74% - the same as the UK overall

Insider UK

OECD: Global plastic disposal nearly doubled over 19 years

Global plastic production and disposal almost doubled between 2000 and 2019, while only 9% of the plastic used worldwide was recycled, the Organization for Economic Cooperation and Development said in a recent report.

The Japan News/Yomiuri

Tory MSP accuses Scottish Government of secrecy over education system reports

Oliver Mundell said the Government had withheld draft versions of reports by the OECD and by Professor Ken Muir.

The Independent UK

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The Conversation

Australia's education system is one of the most unequal in the OECD. But we know how to help fix it

According to UNICEF, Australia ranks in the bottom third of OECD countries in providing equitable access to quality education. This means our education system – from access to early childhood education to expectations for study after school – does not allow every student to enjoy the same benefits that come…

The Conversation

Why France is among the high-income countries where the most people died of Covid-19

As of February 8, 2022, the cumulative number of Covid-19-related deaths globally is close to 5.8 million. With more than 2,300 Covid-19 deaths per million people, the United States, Belgium, Italy and UK have recorded the highest number of fatalities, followed by Spain and France (with about 2,000).

Reuters

OECD tells Israel to cut red tape in non-tech sectors to boost productivity

Israel needs to cut red tape in traditional industries so they can boost productivity and catch up with the country's booming high-tech sector, the head of the Organisation for Economic Co-operation and Development (OECD) said on Sunday.

Newsroom.co.nz

Disinformation and divisions undermine our vaunted democracy

The only way to tackle our economic, social and environmental failures is by deep systemic change – and despite this week's international plaudits, that's something we really struggle with

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Newsroom.co.nz

OECD to NZ: Raise pension age to prevent Super shock

NZ's superannuation scheme won't be sustainable unless the eligibility criteria is changed, a new report warns.

The News Lens

Japan’s Low-tech World

A glacial move towards digitalization has left much of the country’s workforce and public services in the last century.

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