Articles on OECD

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Should the European Commission’s decision to waive the 3% deficit limit for three of the Euro’s largest economies be extended to fuel growth and jobs? AAP

Is Lord Keynes back in Brussels?

The European Union (or at least its periphery) is a big, sick patient that so far has been treated with robust injections of fiscal austerity. This seemed to be the right course of action to cure the “debt…
Federal treasurer Wayne Swan welcomed the report. AAP Image/Alan Porritt

Broaden GST and cut industry subsidies: OECD

Australia’s robust economy makes it the “Iron Man” of the developed world but the government should hike the GST rate and apply it more broadly, according to a new OECD report released today. “Tax reforms…
Warnings of a drop in Australia’s real GDP per capita - a measure of living standards - still provide a stark contrast to Greece, where the real GDP per capita is likely to be 25% lower in 2013 than in 2008. AAP

Do dire warnings of falling living standards add up to need for tax reform?

Last week, the Organisation for Economic Cooperation and Development (OECD) in a preliminary version of its 2012 Economic Outlook lowered its growth forecasts for Australia from 3.7% to 3.0% in 2013. This…
The OECD report on education shows Australia could be doing more. Report card image from

No cause for celebration: OECD education report needs a closer look

The most recent edition of the OECD’s Education at a Glance released this week, is another report that has invariably been seen as a report card on Australian education. Australians want to know: how did…
Is Australia’s standing among OECD countries of national value, or apples and oranges? japi14

Australian R&D measures up globally … but what does that really mean?

How well does Australia’s science, research and innovation system perform compared to other developed nations? The Office of Australia’s Chief Scientist has just released a report addressing this question…
IMF head Christine Lagarde sees some positives in global economic growth: but we should be wary of broad projections. AAP

Trouble lurks for Australia amid shallow economic forecasts

The recent economic forecasts of the IMF and OECD about prospects for economic growth remind me of an aphorism about the economist who drowned while crossing a river he estimated that was, on average…
Treasurer Wayne Swan is maintaining a slimmed down surplus for 2012-2013 - but storm clouds are rolling over the global economy. AAP

Slimmed down surplus as Swan unveils mid-year budget: experts respond

The Federal Government is still aiming to deliver a slimmed down surplus next financial year, but has downgraded economic growth forecasts amid a slowing world economy and news that Europe may already…
Former Prime Minister Kevin Rudd promised an education revolution, but where are the results? AAP

Education funding: more dollars than sense

All is not well in the Australian school system. Australian schools are struggling to meet the achievement levels of OECD leader Finland. With the release of the commissioned research reports for the Gonski…

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