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  • 22-November-2022

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    Russia’s war of aggression against Ukraine continues to create serious headwinds for global economy, OECD says

    The global economy is expected to slow further in the coming year as the massive and historic energy shock triggered by Russia’s war of aggression against Ukraine continues to spur inflationary pressures, sapping confidence and household purchasing power and increasing risks worldwide, according to the OECD’s latest Economic Outlook.

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  • 21-November-2022

    English

    GDP Growth - Third quarter of 2022, OECD

    OECD GDP growth still sluggish at 0.4% in the third quarter of 2022

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  • 17-November-2022

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    Luxembourg: stronger productivity and labour supply would sustain GDP growth and living standards, says OECD

    Like many countries, Luxembourg is seeing its post-pandemic recovery lose momentum as Russia’s war of aggression against Ukraine weighs on economic activity and drives up inflation, according to a new OECD report.

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  • 7-November-2022

    English

    Growth and economic well-being: Second quarter 2022, OECD

    Real household income continues to fall in the second quarter

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  • 20-October-2022

    English

    Lithuania: Structural reforms will help to restore growth and strengthen resilience, says OECD

    Lithuania’s post-pandemic economic recovery has been thrown off course as Russia’s war of aggression against Ukraine led to surging inflation and slowing economic growth. Continued careful management of public finances along with structural reforms will help Lithuania to navigate these new challenges and emerge stronger and more resilient, according to a new OECD report.

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  • 12-October-2022

    English

    United States: Continue to tackle macroeconomic challenges while supporting the middle class and preparing for population ageing, says OECD

    After a rapid recovery from the pandemic, the U.S. economy faces significant challenges from surging inflation and slowing economic activity, according to a new OECD report.

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  • 26-September-2022

    English

    OECD Interim Economic Outlook warns of pervasive global economic slowdown

    The global economy has lost momentum in the wake of Russia’s war of aggression in Ukraine, which is dragging down growth and putting additional upward pressure on inflation worldwide, according to the OECD’s latest Interim Economic Outlook.

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  • 23-September-2022

    English

    Chile: Improve productivity, social protection and boost revenues for a sustainable recovery, says OECD

    Chile has achieved an impressive recovery from the COVID-19 crisis, but the pandemic has hampered past progress in reducing poverty and social disparities.

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  • 19-September-2022

    English

    Korea: improve competition and address social protection gaps to underpin recovery, says OECD

    Korea’s economic recovery from COVID-19 is well anchored, driven by consumption, employment and export growth and with less direct exposure than some other economies to risks from Russia’s war of aggression in Ukraine, according to a new OECD report.

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  • 30-August-2022

    English

    Funding the future - The impact of population ageing on revenues across levels of government

    Government revenues may be affected by economic growth and changes in demographics over time. The effect of economic growth can be captured by long-run buoyancy – responsiveness of government revenues to GDP growth – while the demographic effect can be captured by changes in labour income, asset income and consumption patterns over the life cycle, as well as population growth. This paper attempts to quantify the effect of population ageing on OECD tax revenues across different levels of government, by estimating error correction models of revenue buoyancies over the 1990 to 2018 period, by type of revenue, country and level of government. Multiple scenarios are used for the projections to 2040, which are combined with scenarios for the evolution of revenue bases using newly harmonized EU and UN National Transfer Accounts data as well as OECD Population Projections.
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