We are celebrating the OECD’s 50th anniversary during the tail-end of the worst financial and economic crisis of our lifetimes. It’s a good moment to take stock and to ask the right questions. Why couldn’t we avoid the crisis? Were the policies and the policy mix we promoted the right ones, and how can we adjust these polices to new realities? What is more, are we doing enough to prevent another crisis? Are our economic theories, our models and our assumptions still appropriate? How should our organisation’s work be adapted so that we continue fulfilling our founding mission of promoting better policies for better lives?

The OECD, a pioneer in the quest to measure the progress and well-being of societies, is launching an exciting new initiative, incorporating Your Better Life Index. The initiative is not only a major step forward in assessing people’s true welfare, but involves people in the process too.

Strategic foresight is an essential tool in any government’s toolbox. It’s what enables policymakers to anticipate developments better, encouraging them to be more creative in reflecting on their options, and offering them more time to prepare and set in train their programmes. It is an area in which some governments excel, while others perform less well. It is also an area subject to much misunderstanding and confusion.

Economic growth is not an end in itself: higher levels of productivity and rising national income are only important insofar as they contribute to better standards of living and of improved well being of people.

Has gender equality improved since International Women’s Day was first launched a century ago? The answers heard during this year’s global events on 8 March were mixed. Yes, progress has been made, but discrimination continues everywhere, which not only harms women but holds back society’s potential too.

©André Faber

Long ago I gave up trying to break through the so-called “glass ceiling” that has kept women like me out of higher management. Instead I decided to create new enterprises in which management could be reinvented by women. On 8 March 2005, I launched a business incubator devoted exclusively to projects by female entrepreneurs.

©Reuters/Adnan Abid

Just how significant is international migration in the light of other globalisation developments? One obvious starting point for answering the question is to ask how many of the current world population of 6.7 billion people are international migrants, defined as persons living outside their country of birth.

Which came first, working mothers or day care centres? More mothers in the workforce generally spur the development of childcare facilities. In this study of four of the wealthier OECD countries–Canada, Finland, Sweden and the UK–where three out of four women between the ages of 25 and 54 hold down jobs, the Swedish experience suggests that without publicly-assisted childcare, the upper limit for female employment would be around 60%.

Can anything be done to tackle transport problems and steer them to a more manageable level? There has been no shortage of trying.

Transport is a cornerstone of modern civilisation, but at what cost? Heavier than you might think.

©Ruairi O Brien (www.robarchitects.com)

Road congestion and pollution are a fact of life in cities and towns, but road pricing could stop it from being an inevitable one.  

Sustainability, the triple bottom line of economic profitability, respect for the environment and social responsibility: these are the new buzzwords of many a corporate annual report. Global companies everywhere are falling over themselves to declare their adherence to the principles of sustainable development. Is this a new moral crusade on the part of big business, or simply the result of pressure from demonstrators like those in Seattle and Genoa?

Click for larger graph

Environmental issues feature highly on the international agenda. What are the main threats, and what does the future hold? 

Economic data

GDP growth: +0.7% Q2 2017
Consumer price inflation: 2.2% Aug 2017 annual
Trade: +1.4% exp, +1.7% imp, Q2 2017
Unemployment: 5.8% Aug 2017
Last update: 20 Oct 2017

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  • The annual OECD Eurasia Week takes place in Almaty, Kazakhstan 23-25 October. Writing in The Astana Times, OECD Secretary-General Angel Gurría urges Eurasia countries to stay the course on openness and international integration, which has brought prosperity but also disillusionment, notably regarding inequality. The OECD is working with this key region, and Mr Gurría urges Eurasia to focus on human capital and innovation to enhance productivity and people’s well-being. Read more.
  • When someone asks me to describe an ideal girl, in my head, she is a person who is physically and mentally independent, brave to speak her mind, treated with respect just like she treats others, and inspiring to herself and others. But I know that the reality is still so much different. By Alda, 18, on International Day of the Girl. Read more.
  • Globalisation’s many benefits have been unequally shared, and public policy has struggled to keep up with a rapidly-shifting world. The OECD is working alongside governments and international organisations to help improve and harness the gains while tackling the root causes of inequality, and ensuring a level playing field globally. Please watch.
  • Read some of the insightful remarks made at OECD Forum 2017, held on 6-7 June. OECD Forum kick-started events with a focus on inclusive growth, digitalisation, and trust, under the overall theme of Bridging Divides.
  • Checking out the job situation with the OECD scoreboard of labour market performances: do you want to know how your country compares with neighbours and competitors on income levels or employment?
  • Trade is an important point of focus in today’s international economy. This video presents facts and statistics from OECD’s most recent publications on this topic.
  • How do the largest community of British expats living in Spain feel about Brexit? Britons living in Orihuela Costa, Alicante give their views.
  • Brexit is taking up Europe's energy and focus, according to OECD Secretary-General Angel Gurría. Watch video.
  • OECD Chief Economist Catherine Mann and former Bank of England Governor Mervyn King discuss the economic merits of a US border adjustment tax and the outlook for US economic growth.
  • Africa's cities at the forefront of progress: Africa is urbanising at a historically rapid pace coupled with an unprecedented demographic boom. By 2050, about 56% of Africans are expected to live in cities. This poses major policy challenges, but make no mistake: Africa’s cities and towns are engines of progress that, if harnessed correctly, can fuel the entire continent’s sustainable development.
  • OECD Observer i-Sheet Series: OECD Observer i-Sheets are smart contents pages on major issues and events. Use them to find current or recent articles, video, books and working papers. To browse on paper and read on line, or simply download.
  • How sustainable is the ocean as a source of economic development? The Ocean Economy in 2030 examines the risks and uncertainties surrounding the future development of ocean industries, the innovations required in science and technology to support their progress, their potential contribution to green growth and some of the implications for ocean management.
  • The OECD Gender Initiative examines existing barriers to gender equality in education, employment, and entrepreneurship. The gender portal monitors the progress made by governments to promote gender equality in both OECD and non-OECD countries and provides good practices based on analytical tools and reliable data.
  • They are green and local --It’s a new generation of entrepreneurs in Kenya with big dreams of sustainable energy and the drive to see their innovative technologies throughout Africa. blogs.worldbank.org
  • Interested in a career in Paris at the OECD? The OECD is a major international organisation, with a mission to build better policies for better lives. With our hub based in one of the world's global cities and offices across continents, find out more at www.oecd.org/careers .

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