Tribute to the victims of
terrorist attacks worldwide
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Mariela Baeva
Mariela Baeva
Member of the European Parliament for Bulgaria
2007 - 2009
(first direct EP elections in Bulgaria);

LEED to OECD partner (Nanotech)

News of the Day

Malta car bomb kills Panama Papers journalist

Madrid jails Catalan separatist leaders pending investigation

Mogadishu truck bomb: 500 casualties in Somalia’s worst terrorist attack

North Korean UN envoy says ‘nuclear war may break out at any moment’

UN report on Rohingya hunger is shelved at Myanmar’s request

credit: The Guardian

 

 Alarm: “By 2030, there will be 800 million children – half the children in the world – who will not finish school with any qualifications whatsoever. That is indeed a crisis that has got to be dealt with.” – Gordon Brown, former UK PM

Positive: On September 14, 2017, big headline comes relating to Syrian refugee childrenTurkey reveals how 660,000 Syrian refugee children will move into state schools (credit: theirworld.org)

Info: Bangladesh to build one of world’s largest refugee camps for 800,000 Rohingya (credit: The Guardian)

Rohingya crisis: Finding out the truth about Arsa militants (credit: BBC)

Aung San Suu Kyi unveils relief plans for Rohingya Muslims (credit: The Guardian)


Charter 4 Mobile

Charter 4 mobile

Anyone interested in fundamental rights in the European Union (EU) can now have easy access to the text of the EU Charter of Fundamental Rights in all official languages on their mobile device: http://fra.europa.eu/en/charter4mobile



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State-owned enterprises, international investment and national security: The way forward*

For most of the past half century, countries around the world have gradually opened up to foreign investment, and with good effect. Investment from other countries has supported growth and development, created jobs and enhanced welfare. Today, as our data show, OECD economies retain only limited traditional regulatory restrictions to inward foreign investment in the form of foreign ownership ceilings and other discriminatory conditions. While many emerging economies are generally less open, they have made their legal regimes for foreign direct investment less restrictive. Continue reading

A portrait of family migration*

Migration is all over the news in Europe, North America and Australia. When people think about migration, they tend to picture either refugees driven to undertake dangerous journeys in order to escape threatening situations or people coming to a new country to pursue studies or work. Yet there is a large category of migrants all too often overlooked: family migrants. Such migrants accounted for 40% of migration to the OECD area in 2015 and they typically make up 25-50% of an OECD country’s foreign-born population – and as much as 70% in the United States.

Why is family migration receiving so little attention? Continue reading

For globalisation to work for all, you have to level the playing field first*

Today the debate rages about whether the decline in living standards is due to the effects of globalisation or to poor domestic policies. Both have surely played a role. But the problems often associated with globalisation (inequality, the hollowing out of the middle class, employment of less-skilled workers in advanced countries, etc.) do not originate from “openness” as such. The problem is that not all countries are open to the same degree and the playing field in the cross-border activities of businesses is not level. Continue reading

A home truth: We need better quality and more affordable housing*

Alice Pittini, OECD Directorate for Employment, Labour and Social Affairs

A home is meant to be a safe and secure shelter for individuals and families, fulfilling the basic need to have a roof over your head. Yet a home is also a tradable asset, an investment from which there’s potentially big money to be made, or to be lost as the global financial crisis has shown us. Although the crisis led to a general drop in house prices in the short term, house prices have since picked up again in most countries and today they are growing faster than incomes in Austria, Canada, Germany, Luxembourg, New Zealand, Sweden, Switzerland, the United Kingdom and the United States. Continue reading

Last year, students from a university club of a country that stretches over Asia and Europe initiated a project. In pursuit of integrating their international colleagues from Syria and other countries, the students asked them to paint bird houses and showcase their talents and aspirations.

Imagine we ask today the 11 million child refugees and asylum-seekers to paint 11 million bird houses and hang them out, probably starting from the border of the U.S. with Mexico. The way we build today fences and walls in Europe and elsewhere, this bulwark may claim to be the longest barrier in the world. It may symbolize our astonishing compassion failure and trumping nationalism.

Mariela Baeva

 

 

OECD countries need to address the migration backlash*

The public is losing faith in the capacity of governments to manage migration. Opinion polls in a wide range of countries suggest that the share of the public holding extreme anti-immigration views has grown in recent years and that these extreme views are more frequently heard in public debates. In part, this is due to the perception that no end is in sight for large migration inflows and that countries have lost control over them. People are concerned about the short-term impact of large inflows of migrants, and refugees in particular, and many feel that migration is threatening their economic, social as well as personal security. Common concerns are that migration is unmanaged and borders are not secured; immigrants stretch local services, such as social housing, health and education, to the detriment of local populations; immigration benefits the rich, with the poor finding themselves competing with immigrants for jobs, and wages for low-skilled work depressed; and many migrants do not want to integrate and may even oppose the values of host societies. Continue reading

OECD warns weak trade and financial distortions damage global growth prospects

21/09/2016 – Weak trade growth and financial distortions are exacerbating slow global economic growth, according to the OECD’s latest Interim Economic Outlook. The global economy is projected to grow at a slower pace this year than in 2015, with only a modest uptick expected in 2017. The Outlook warns that a low-growth trap has taken root, as poor growth expectations further depress trade, investment, productivity and wages.

Top earners: Why did the 1% get so rich?*

Across much of the OECD, the share of national income taken by the top 1% of earners has risen, sometimes sharply, in recent decades.

The rise has been particularly striking in the United States: in 1980, the top 1% of income recipients in the US earned 8% of all pre-tax income; by 2012, their share had risen to over 19%. Other OECD countries also saw big rises, including the UK and Australia.

The rising income share of the 1% has become a hot issue, but some observers believe this focus actually misses much of the story of rising income inequality. As well as looking at the top 1% of earners, they argue, we should also look at an even smaller segment–the top 0.1% of earners (1 in 1,000), and even the top 0.01% of earners (1 in 10,000). As the Nobel laureate Paul Krugman has noted, data from the US Congressional Budget Office shows that between 1979 and 2005, the after-tax income of Americans in the middle of the income distribution rose by 21%; among the 0.1% it was up 400%.

Understanding these figures is important if we want to develop a better picture of who’s benefiting from economic growth. For example, in the decade to 2007, real household income increased by an average of 1.2% a year in the US. But when the top 1% of earners is excluded, that figure falls to 0.6%. In effect, the 1% took 58% of the gain in real incomes. So, what looked to be an overall improvement in the population’s economic well-being actually benefited a much smaller group than the broad figures seem to suggest.

And the winners are… Continue reading

Global Competency for an Inclusive World *

Globalisation brings innovation, new experiences and higher living standards; but it equally contributes to economic inequality and social division.

Follow the link: https://www.oecd.org/pisa/aboutpisa/Global-competency-for-an-inclusive-world.pdf?utm_source=Adestra&utm_medium=email&utm_content=Global%20Competency%20for%20an%20Inclusive%20World&utm_campaign=OECD%20Civil%20Society%20Newsletter&utm_term=demo

*OECD Civil Society Newsletter – September 2016

 

Brexit Shock*

If a British referendum on European Union membership scheduled for 23 June led the UK to leave the EU, there would be a severe negative shock to the economy, causing growth to weaken for many years,  an OECD study argues.

OECD Secretary-General Angel Gurría put it bluntly in a speech to the London School of Economics on Wednesday 27 April:  quitting the EU would be a pure dead-weight loss, with no economic benefit, but rather imposing a Brexit tax on generations to come. You can hear the podcast here. Indeed, while EU membership has contributed to British prosperity, current uncertainty about the outcome of the referendum has already started to undermine UK growth, writes Rafal Kierzenkowski, on the OECD Economics Department’s blog.

*OECD Observer

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