Weak Outlook in GCC Due to Muted Oil Prices & Global Trends
Economic growth in the Gulf Cooperation Council (GCC) was significantly weakened
in 2019 due to muted oil prices and excess oil supply, according to the...
Tax revenues have reached a plateau
Tax revenues in advanced economies reached
a plateau during 2018, with almost no change seen since 2017, according to new
OECD research. This ends the trend...
India: Step up reform efforts to increase quality jobs and incomes
India is set for a modest recovery after a
loss of momentum, as reforms to simplify taxation, lighten business regulations
and upgrade infrastructure start to bear...
Italian Cities Can Make Doing Business Easier By Learning From Each Other
Local companies in Italy face varying regulations and procedures for the
same business activity depending on where they establish their businesses, says
a new World Bank...
Sharper Focus Needed on Domestic Reforms in Russia Amid Weaker Global Outlook
After a weak performance in the first half of 2019, economic growth in
Russia picked up in the third quarter to 1.7 percent, helped by...
Young people struggling in digital world
One in four students in OECD countries are
unable to complete even the most basic reading tasks, meaning they are likely
to struggle to find their...
Trade in counterfeit goods costs UK economy billions of euros
The global trade in fake goods, from cosmetics
to car parts, is costing the UK economy billions of dollars a year in forgone
company sales, overpriced...
Countries should strengthen pension systems to adapt to changing world of work
Governments should urgently reform their pension
systems to ensure that the growing share of workers in temporary or part-time
employment can contribute enough during their working...
ADB’s Long-Term Financing Facility Critical for Meeting Financing Gaps
The Asian Development Bank’s (ADB) multitranche
financing facility (MFF) has helped member countries in addressing critical
development financing gaps and played a major role in scaling...
International community has achieved unprecedented success fighting offshore tax evasion
On 26-27 November, the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) in...