The Organisation for Economic Cooperation and Development (OECD), once a domain of the rich countries, is keen to extend its global membership and has set out a clear path for Costa Rica’s membership, within months of launching accession discussions with Colombia and Latvia.
While lauding South Africa for impressive social progress over the past two decades, a new study has asked the country to build on the successes achieved and reduce inequality further.
When it comes to climate change, business as usual is simply “not an option”.
For years, many policy makers, including economists, have clung to the belief that if states do nothing to boost income equality, market forces will cause wealth to trickle down to the poorest citizens and contribute to overall growth.
If former New York mayor Michael Bloomberg had used the Vélib’
- Paris’ public bicycle sharing system - to arrive at the headquarters of the Organisation for Economic Cooperation and Development here Wednesday, he might have sent a stronger message about the need for cities to be “empowered to take the lead in combating climate change”.
Inequality, poor infrastructure and declining trade are some of the problems that Latin America needs to overcome if the region truly wishes to achieve a “golden age”, according to Peru’s President Ollanta Humala.