Ultimately the economic crisis is about people, says Espen Barth Eide, Norway’s minister of foreign affairs. That is why respecting human rights and adherence to democratic principles are fundamental when addressing the current economic crisis. We are in this together, so we need multilateral solutions more than ever.
Education for all
Young people from poorer families are badly underrepresented in higher education. That risks exposing them to a lifetime of reduced earnings and undermines the foundations of wider economic growth. What can be done? Economically disadvantaged students benefit from a mix of grants and loans in third-level education, but they also need better support from the earliest years of their school careers.
The Great Recession showed clearly that no social group or country is totally immune from the impact of a major economic slowdown, no matter how high its levels of education. But it also showed that, even in times of economic crisis, high skill levels offer some of the best protection for both economies and individuals.
Headline economic data
|GDP||-0.2% Q4 2012 (+0.3% Q3 2012)|
|Leading indicators||+0.41% Mar 2013, year on year|
|Inflation||+1.7% Q1 2013 (+2.0% Q4 2012) annual|
|Unemployment||8.0% Mar 2013 (8.1% Feb 2013)|
Data for OECD area. Latest update: 17 May 2013
Databank - Latest quarterly data by country
For details on these and other numbers, click titles or visit www.oecd.org/statistics
Transport is not only a fundamental driver of economic activity, it is a major sector in its own right. But while transport has suffered from the economic crisis, as echoed in downturns in trade and activity generally, it could be a source of recovery too. We asked José Viegas, head of International Transport Forum, to explain.
A recipe for trust
Have the policy errors that contributed to the global economic crisis been rectified? Sharan Burrow, who heads the International Trade Union Confederation, shares her vision for building trust and restoring confidence in the countries still suffering from the crisis.
This year the parliaments of two OECD member countries passed legislation broadening the institution of marriage to include same sex couples. Such marriage is now legal in 14 countries worldwide, 11 of which are OECD members.
Time for an energy [r]evolution
We can’t use terms like “inclusive” and “green” as window dressing for the pursuit of economic growth as an end in itself. According to Greenpeace International’s chief, Kumi Naidoo, a real and profound change in how we think about growth is needed–one that doesn’t let special interests get in the way of creating a just, fair and sustainable economy with clean energy for all.
Where are we in the current economic crisis?
- Clinical trials for better health policies
- Asia’s Challenges
- Women in work: The Norwegian experience
- The EU fish discard ban: Where’s the catch?
- Information society: Which way now?
- Policy can brighten the economic outlook
- How to get it right
- Interns are workers, too
- It’s all about people
- Time for an energy [r]evolution