OECD.org

Despite robust economic growth and high levels of well-being, New Zealand should enact reforms to boost performance and spur greener, more inclusive growth, including for future generations, says the latest OECD Economic Survey of New Zealand. The report recommends a range of reforms to improve productivity, which is below leading OECD countries.

The job market continues to improve in the OECD area, with the employment rate finally returning to pre-crisis levels, the OECD Employment Outlook 2017 finds. People on low and middle incomes have seen their wages stagnate and the share of middle-skilled jobs has fallen, contributing to rising inequality, the new report warns.

The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD’s latest Economic Outlook.

Ministers and high-level officials from 76 countries and jurisdictions have signed today or formally expressed their intention to sign an innovative multilateral convention that will swiftly implement a series of tax treaty measures to reduce opportunities for tax avoidance by multinational enterprises.

Better services trade policy can stimulate inclusive economic growth by promoting access to the information, skills, technology, funding and markets needed for success in an increasingly digital global economy, according to a new OECD report.