OECD.org

The OECD has presented its new Pilot Study on Measuring OECD Countries’ Starting Positions on the Sustainable Development Goals in the margins of the UN High-Level Political Forum on the SDGs in New York. The study is a first attempt at estimating the distance that OECD countries have to travel to achieve the target levels set for 2030.

Chile has taken steps to address the rising environmental pressures from its rapid economic growth, strengthening its environmental institutions and introducing new instruments, including a carbon tax. It now needs to move ahead and thoroughly implement policy measures to stem the threat to its land, air and water, according to a new OECD report.

Turkey’s economy has proven remarkably resilient in the face of a challenging global economic context. However, further action can be taken to raise productivity and advance the shift to a more balanced, sustainable and stronger growth path that will boost living standards for the entire population, according to the latest OECD Economic Survey.

Labour markets are continuing to recover from the crisis and employment is set to return to pre-crisis levels in 2017, but wage growth remains weak, according to a new OECD report.

The era of high agricultural commodity prices is most likely over, say the OECD and FAO in their latest 10-year Outlook. But the two organisations warn of the need to be vigilant as the probability of a major price swing remains high.