A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country's attracts 3 percent more capital. It's not surprising then, that average OECD corporate tax rates have trended steadily downward.
The OECD deals with the economic aspects of a host of issues, including education, health, and the environment.
Everywhere in the OECD, childless women in their 20s earn more like men than older women with children. And in the United States, those women actually earn more than childless women in their 20s.
The G7 doesn't have a permanent secretariat. The OECD can help the G8 and set the agenda for them. The secretary general of the OECD should be going to them proactively and discussing issues and priorities.
The OECD should respond directly to the specific needs of the member countries. You basically say, 'What works?' You don't have to go on a discovery trip. It's all there; you just call them, and they know. It's like a knowledge bank.
At the OECD, we stand ready to continue to help our member and partner countries to design, promote, and implement Better Policies for Better Lives.
By assessing the capabilities and knowledge of students in the highest-performing and most rapidly improving education systems, the OECD's Program for International Student Assessment provides valuable options for reform and information on how to achieve it.
Sometimes economists in official positions give bad advice; sometimes they give very, very bad advice; and sometimes they work at the OECD.
