Complete coverage on

Organisation for Economic Co-operation and Development

Germany refused to share the debt burden of stressed eurozone peers on Tuesday, ignoring two of the most influential international economic bodies which offered support for proposals championed by Paris, Rome and Brussels ahead of a summit.

Latest Stories

CNNMoney: U.S., China, Japan lead world in economic growthupdated: Tue Apr 10 2012 14:21:00

The U.S., Japanese and Chinese economies have regained their momentum and are leading the world in growth, according to the latest report Tuesday from a global monitoring group.

Israeli strike called off after union, government reach deal updated: Sun Feb 12 2012 13:10:00

Israeli labor leaders and government officials announced Sunday they have reached an agreement, ending a nationwide general strike that paralyzed the public sector for days.

'Austerity' policy: Low-paid foot the billupdated: Wed Nov 30 2011 10:05:00

When I hear the word austerity, I immediately think of nuns -- plainly dressed, in austere living quarters, with stern expressions. It's an odd admission coming from a secular Jew who has never set foot in a Catholic school, but not a surprising one given that severe fiscal policies are being meted out on suffering nation-states like swift slaps of a ruler on a wrist.

CNNMoney: G20 summit to test EU debt dealupdated: Tue Nov 01 2011 10:48:00

The world's most powerful political leaders will gather this week in France to chart a course for the global economy as the outlook for growth remains fraught with risks.

The OECD's Gurria on why the euro will survive updated: Thu Oct 13 2011 15:03:00

Angel Gurria, Mexico's minister of finance between 1998 - 2000, is credited with helping steer his country's economy away from relative volatility toward a period of stability.

This week on Marketplace Middle Eastupdated: Wed Jun 01 2011 04:49:00

FACETIME -- Angel Gurria, Secretary General, OECD

We need year-round school to compete globallyupdated: Wed May 11 2011 12:02:00

As a nation, either our kids are getting dumber or everyone else's are getting smarter. American 15-year-olds ranked 14th in reading, 17th in science and 25th in math in a study of students in 34 nations and nonnational regions.

Mexico's other enemy: Obesity rates triple in last 3 decadesupdated: Tue Jan 04 2011 18:11:00

Sizing up the magnitude of Mexico's obesity problem is as simple as visiting a clothing manufacturer. At Arush, a clothing factory in Mexico City, the changing demand has modified production. Buyers, including Mexican giant retailers like Soriana and Liverpool, are increasingly asking for "large" and "extra large" sizes, which have all but replaced production of "small" and "medium."

Study: Obesity a problem for Mexicoupdated: Tue Jan 04 2011 18:11:00

CNN's Rafael Romo reports that in the last 30 years, the percentage of overweight or obese Mexicans has tripled.

Going green to save the white of the Alpsupdated: Mon Dec 20 2010 04:42:00

In the Alps, the term "going green" is not necessarily a good thing.

Slight uptick in U.S. high school science scores vs. internationalupdated: Tue Dec 07 2010 09:48:00

In science, 15-year-old students in the United States performed about average as compared to their counterparts in other industrialized nations, according to a report released Tuesday by the U.S. Education Department.

Jerusalem conference hailed by Israel, slammed by Palestiniansupdated: Tue Oct 19 2010 16:24:00

A global economic development agency plans to hold its biannual tourism conference in Jerusalem this week, a move that is welcomed by Israel and slammed by the Palestinians.

First nation makes broadband access a legal rightupdated: Thu Jul 01 2010 11:10:00

Finland has become the first country in the world to make broadband internet access a legal right for all citizens.

Fortune: 5 next steps for health careupdated: Mon Mar 22 2010 12:58:00

Those of us alive last night will one day retell the story of how mere mortals in Congress and the White House defeated a combined army of Harpies, Gorgons and Minotaurs that for decades have thwarted all efforts to reform the American health-care system.

'Responsibility is what we need'updated: Fri Sep 04 2009 16:02:00

Sweden's finance minister calls for an end to the "bonus culture" among bankers, a likely issue at the upcoming G20 summit.

G-20 plans for stimulus exitupdated: Fri Sep 04 2009 16:02:00

World leaders on Thursday set out the first steps toward withdrawing emergency support for the global economy even though they warned that the crisis was not over.

OECD: 'Slow and fragile' economic recovery in sightupdated: Wed Jun 24 2009 21:01:00

The global economy is nearing the bottom of its worst financial crisis in 60 years, according to the latest assessment from the Organization for Economic Cooperation and Development (OECD).

Global recovery 'in sight'updated: Wed Jun 24 2009 21:01:00

CNN's Adrian Finighan asks the OECD's chief economist about the group's prediction of a "slow and fragile" recovery.

Global unemployment: green shoots and pink slipsupdated: Wed Jun 03 2009 04:00:00

Despite talk of economic "green shoots," more people around the world received pink slips last month.

Study: French tops in eating, drinkingupdated: Tue May 05 2009 23:02:00

The French spend more time eating and drinking than anyone else among the world's wealthy nations, a new study reveals.

Fortune: Trouble in tax paradiseupdated: Wed Apr 01 2009 15:43:00

Finding a tax haven is easy. Just flip to the back of the Economist. "New Accounts in 8 Minutes" brags one ad. Another promises that no one is "better positioned to deliver solutions that work" on offshore companies. And yet another offers more than 20 years of experience and the "best prices guaranteed."

U.S.: Financial crisis spread to emerging marketsupdated: Sat Feb 14 2009 20:43:00

Making his international debut at the Group of Seven meetings in Rome, new U.S. Treasury Secretary Timothy Geithner said swift and decisive action is needed on several levels to address the global financial crisis.

Report urges fuel revolutionupdated: Mon Jan 05 2009 10:39:00

The International Energy Agency has called for a global energy revolution to ensure future supplies and to stem the rise of greenhouse gas emissions.

OECD predicts sharp rise in unemploymentupdated: Tue Nov 25 2008 10:40:00

International economic officials have predicted a sharp rise in unemployment in its member countries over the next two years, saying eight million more workers will lose their jobs.

Fixing the economyupdated: Wed Sep 03 2008 10:45:00

CNN's Jim Boulden reports on British P.M. Gordon Brown's unveiling of an economic stimulus plan.

CNNMoney: Dollar gains on lower oil, global weaknessupdated: Tue Sep 02 2008 13:45:00

The dollar gained ground against other major currencies Tuesday as oil prices tumbled and the global economy continued to show sings of weakness. UK Govt Plans Housing Market Rescueupdated: Tue Sep 02 2008 11:00:00

The British government unveiled a package of tax cuts and increased spending targeted at first-time home buyers on Tuesday in a bid to reverse the country's worst housing slump in almost two decades Oil Steady on Dollar, Georgia Conflictupdated: Tue Aug 12 2008 12:00:00

Oil prices fluctuated Tuesday as a stronger dollar and weakening crude demand from China balanced concerns about the Russia-Georgia conflict and its potential to disrupt crude supplies in the region

Face Time with Angel Gurriaupdated: Fri Apr 11 2008 10:07:00

While governments across the region grapple with the rising cost of food, groups like the Organization for Economic Co-operation and Development (OECD) are working to create strategies to address the problem.

Facetime - Angel Gurriaupdated: Fri Apr 11 2008 10:07:00

MME sits down with the Secretary General of the OECD, Angel Gurria to talk about the global problem of food price inflation. US Students Lag in Science, Mathupdated: Tue Dec 04 2007 15:30:00

U.S. students are lagging behind their peers in other countries in science and math, test results out Tuesday show

CNNMoney: Avoiding mortgage-reset headachesupdated: Mon Dec 03 2007 15:18:00

Today Treasury Secretary Henry Paulson outlined some steps the federal government, lenders and investors would try to do in order to save struggling homeowners. Oil Prices: It Gets Worseupdated: Wed Nov 07 2007 02:00:00

Tuesday's record oil price may eventually become the norm, says a new report, as a growing world economy struggles to boost supplies

CNNMoney: Oil falls on credit worriesupdated: Fri Aug 10 2007 03:25:00

The subprime crisis engulfing world stock and credit markets weighed on oil prices again Friday, but declines were limited as market fundamentals continued to buttress prices.

UK official denies BAE secret paymentupdated: Fri Jun 08 2007 09:17:00

UK Attorney General Lord Goldsmith on Friday denied media reports that he ordered investigators to conceal payments from an international anti-bribery watchdog agency.

CNNMoney: Shrinking Social Securityupdated: Mon May 14 2007 12:48:00

Since few of us actually like to save, here's some incentive: a new study says Social Security will replace much less of your pre-retirement income than it has for retirees in the past.

How much is enough for retirement?updated: Thu Oct 12 2006 01:36:00

Asking how much capital a person needs to save to generate enough income for a comfortable life in the twilight years is a bit like asking how long is a piece of string.

CNNMoney: Bonds fall on Fed rate hike speculationupdated: Tue Sep 05 2006 11:11:00

Treasury prices slipped Tuesday after a group issued a report that suggested that the Federal Reserve may need to resume raising interest rates.

OECD: Global economy back on trackupdated: Mon Mar 06 2006 08:58:00

Economic momentum on both sides of the Atlantic is now largely back in line with OECD projections but some of the factors sustaining buoyant growth may not continue to do so, the Paris-based think-tank said in an interim assessment on Monday.

CNNMoney: Broadband lag could hurt the U.S.updated: Thu Jun 16 2005 14:17:00

Thomas Bleha believes the United States stands to lose big if it keeps slipping behind other countries in the percentage of citizens with high-speed Internet access.

CNNMoney: Stocks' rate anxietyupdated: Tue May 24 2005 05:44:00

Renewed concern about rising interest rates could bring an end to stocks' recent rally Tuesday.

CNNMoney: Bonds dip on jobs, pricing reportsupdated: Thu Jun 17 2004 09:40:00

U.S. Treasury prices dropped Thursday in an initial reaction to firm inflation and jobs figures, although the losses were limited amid additional unrest in the Middle East.

Pain and gain of a 35-hour weekupdated: Mon Mar 29 2004 02:59:00

The struggle to achieve a work-leisure balance is one of the biggest challenges of modern life, but if you live in France you get a little help from the government.

Money Magazine: Dirty Money Terrorism has shed new light on global money laundering. Here's how it works, why it exists and why the proposed govupdated: Tue Jan 01 2002 00:01:00

Nobody knows how much money gets laundered around the world every year, except that it's probably a lot.

Money Magazine: Coming Upupdated: Wed Mar 01 2000 00:01:00


Fortune: Investing Abroad Made Safer? A BIG, CONTROVERSIAL TREATY YOU'LL BE HEARING A LOT ABOUTupdated: Mon Jan 12 1998 00:01:00

Want to glimpse globalization's next frontier? Head to Paris, where the Organization for Economic Cooperation and Development is inching forward on a landmark treaty designed to protect the rights-...


If you ever want to get the fur flying in a roomful of policy wonks, ask them whether the tax burden in the United States is excessive. Absolutely! the opponents of big government will roar, includ...


Nearly lost in all the dire headlines--Mexican peso collapses! economic aftershocks of japan quake! u.s.-china trade war looms!--is 1995's Big Event: the beginnings of a global expansion of breatht...

Fortune: GLOBAL A NEW VISION OF EUROPE'S JOB WOESupdated: Mon Feb 06 1995 00:01:00

Even as its economies start to grow anew, Europe's average unemployment is expected to stay close to 12%, more than double the U.S. rate. Traditionally, economists have blamed high minimum wages, g...

Fortune: ECONOMIC INTELLIGENCE SETTING GOALS FOR THE FEDupdated: Mon Oct 18 1993 00:01:00

Smart manufacturers these days don't give a supplier blueprints for parts; they set performance targets and let the supplier figure out how best to meet them. Is that the way monetary policy should...


If you want to see a real jobs problem, look at Europe. At its lowest, unemployment during the Eighties was still higher than the peak in the U.S. Today it's closing in on 10%, and the Organization...

Fortune: EUROPE'S LESSONS FOR THE U.S. President-elect Clinton can learn a lot from this continent about . health care and how to revitalupdated: Mon Dec 14 1992 00:01:00

THROUGHOUT his campaign, President-elect Bill Clinton called for a long-term, systematic plan to revive the U.S. economy. He proposed forging a partnership between government and industry, upgradin...

Fortune: FIXING THE ECONOMY REPAIRING OUR INFRASTRUCTURE Politicians love sinking vast sums into new projects. We'd be better off if theyupdated: Mon Oct 19 1992 00:01:00

MOST Americans don't think they need an economist to tell them the nation has been underinvesting in its infrastructure. They can feel the evidence when they bounce through a pothole and see it in ...

Fortune: FIXING THE ECONOMY U.S. PRODUCTIVITY: FIRST BUT FADING America's workers are the world's most productive -- but the nation's leaupdated: Mon Oct 19 1992 00:01:00

WHEN YOU come down to it, the purpose of work and investment is to live well today and better tomorrow. That depends on each worker and machine yielding a growing output of ever more valuable goods...

Fortune: WILL JAPAN RULE A NEW TRADE BLOC? Market forces are pulling Asia's economies together. What's missing is the political will to fupdated: Mon Oct 05 1992 00:01:00

IS A PROTECTIONIST trade bloc likely to emerge in Asia between now and the next millennium? Don't bet on it. In a region where the religions are as different as Taoism and Islam and the languages r...


What will it take to get America back on track? Leaving aside the recession and Chinese water torture aftermath, long-term growth has slowed markedly during the Seventies and Eighties from the prev...

Fortune: WHO'S INVESTING WHERE updated: Mon Jul 27 1992 00:01:00

Investors have more choices than ever in a world of mounting demand for money and increasingly efficient flows of information and capital. So when the U.S. economy tanked, foreigners had no trouble...

Fortune: COMPARING HEALTH CARE updated: Mon Jul 27 1992 00:01:00

It's easy to see why health care is one of the most wrenching issues in the U.S. when you compare costs and benefits with those of other industrial societies. The U.S. pays the most in both per cap...

Fortune: DO AMERICANS PAY ENOUGH TAXES? Not judging by the usual international comparison. But U.S. taxpayers certainly don't feel like gupdated: Mon Jun 01 1992 00:01:00

YOU'VE ACCEPTED the grim international comparisons that show that Americans don't invest as much as the Japanese, save as much as the Germans, or relax as much as the French. Now you're being told,...

Fortune: WHY SOME ARE OUT TO GUT GATTupdated: Mon May 18 1992 00:01:00

''If talk about 'free trade' puts you to sleep, you'd better wake up fast!'' So begins a newspaper ad campaign backed by a coalition of environmental, labor, and consumer groups out to sabotage the...

Fortune: FARMERS: NO MORE HIGH ON THE HOG Long coddled by governments, producers around the world are losing clout. A new trade pact coulupdated: Mon Dec 02 1991 00:01:00

THE ENDURING global partnership between farmers and politicians is starting to come unstuck. The leading industrial powers, after years of bickering, now look ready to forge an agreement on rolling...

Fortune: A cop-out in Hollywood, the pillowcase debate, staying in bed in Sweden, and other matters. THE WRONG WAYupdated: Mon Nov 18 1991 00:01:00

This item begins by broaching a weird analogy. At least, it received this rating from our friend the movie critic. We had called him to ask which was the Cagney film in which Jimmy is about to swag...

Fortune: THE SEARCH FOR CAPITAL updated: Mon Jul 29 1991 00:01:00

The triumph of capitalism does not come cheap. As country after country struggles to build its market economy, the world will need more money than it did in the Eighties. Latin America, Eastern Eur...

Fortune: SPREADING INVESTMENTS updated: Mon Jul 30 1990 00:01:00

Though much of the world's investment money sloshes around among the major countries of the Organization for Economic Cooperation and Development, more players jump into the pool almost daily. Ever...

Fortune: ESCAPING THE PAST updated: Mon Jul 30 1990 00:01:00

LATIN AMERICA After a decade of hyperinflation, debt, and poverty, Latin America has started to rumble with change. One incentive: revolutions on the other side of the globe. So far, reforms in Mex...

Fortune: SIGNALS updated: Mon Sep 12 1988 00:01:00

L. William Seidman, chairman of the Federal Deposit Insurance Corp., told a Senate committee that one or two banks may require substantial government assistance but that the banking industry's wors...

Fortune: EUROPE STARTS TO CREATE JOBS High-tech industries and services are leading the way, but even old-line manufacturing jobs are comupdated: Mon Jul 07 1986 00:01:00

WESTERN EUROPE'S sturdy recovery has been marred by one glaring weakness, the economy's failure to create jobs. But Europe finally is breaking the employment jinx. The latest figures show that empl...

Fortune: GROWTH TAKES HOLD IN EUROPE The coming year looks good. Consumers are poised to buy. German investors think the sky's the limit.updated: Mon Feb 03 1986 00:01:00

WESTERN EUROPE increasingly has the look of a marathoner able to go the distance. With West Germany leading the way, business investment and consumer spending have kicked in just as export growth b...

We recommend