Governments in Paris, Berlin, London, Madrid, and Rome sent a joint letter to U.S. Secretary of the Treasury Steven Mnuchin in mid-December 2017 warning him of the risk of tax treaty violations arising from the tax reform under discussion in the United States. If Donald Trump is relying heavily on the tax reform submitted to Congress in autumn − to rebuild his image − he is sending shudders through

The Organization for Economic Development (OECD), in December 2017 released a new report, Robo-Advice for Pensions, which looks at the rising trend of technological innovation in finance, specifically the robo-advice model. This model has been proposed as one potential solution for helping individuals manage pensions and invest for retirement. Essentially, ‘robo-advisors’ propose to make investing more affordable and accessible for consumers by relying on user-friendly digital platforms, algorithms, and

The Organisation for Economic Co-operation and Development (OECD) in October 2017 released a white-paper entitled Computers and the Future of Skill Demand. The study provides insights into current computer capabilities with respect to certain human skills, and what this portends for the future workplace. The report is the culmination of an exploratory project that focused on understanding current computer capabilities with respect to the three general cognitive skills needed

OECD Sees Synchronized Momentum for Global Economy, But Urges Further Policy Action To Ensure Sustainable And Inclusive Medium-Term Growth The world economy has picked up momentum as expanding investment, employment, and trade support has synchronized growth across most countries, according to the OECD’s latest Interim Economic Outlook. The pace of expansion is projected to be faster in 2017 than in 2016, with a further uptick expected in 2018, but

The OECD in October 2017 published its annual Entrepreneurship at a Glance report. The 2017 edition includes a new trends chapter, which also introduces recent developments related to the emergence of the “gig economy” and the use of digital tools by micro-enterprises. Summary In most OECD countries where data are available, numbers of new firm creations continue to recover, and in many countries are above pre‑crisis highs, suggesting that

Adults in many countries around the world display low levels of financial knowledge according to the Organisation for Economic Co-operation and Development (OECD). Their December 2016 study, entitled the OECD/INFE International Survey of Adult Financial Literacy Competencies , reveals that besides low levels of knowledge, adults fail to engage in financial behaviors that could result in improved financial security, nor do they have financial attitudes oriented toward the long

The Organization for Economic Cooperation and Development (OECD) in April 2017 published its monthly Composite Leading Indicator (CLI) with data from February 2017. Growth is anticipated to pick-up in the United States, Canada, and in Germany. In the United Kingdom, as in last month’s publication, there are tentative signs of growth gaining momentum, although the CLI remains below trend and uncertainty persists about the nature of the agreement the

In their Global Interim Economic Outlook for March 2017, the Organization for Economic Cooperation and Development (OECD) notes that global economic growth should pick up modestly next year, thanks to continuing and expected combined fiscal and structural initiatives in the major economies – most notably China, Canada, and the United States. However, this growth is vulnerable to the multiple risks of rising protectionism, financial vulnerabilities, potential volatility from divergent

The Organization for Economic Cooperation and Development (OECD) in February 2017 published its monthly Composite Leading Indicator (CLI) with data from December 2016. Growth is anticipated to pick-up in the United States, Canada, Japan as well as Germany and France. In the United Kingdom, there are tentative signs of growth gaining momentum, although the CLI remains below trend and uncertainty persists about the nature of the agreement the UK

The Organisation for Economic Co-operation and Development (OECD) in February 2017 published the 2016 edition of its yearly global insurance market trends report. Since the early 1980s, the OECD has collected and analyzed data on insurance in OECD countries. Since 2008, the Global Insurance Statistics project has extended the global reach of the database and expanded the data collected which now includes not only the number of insurance companies