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oecd: OECD sees long-term growth prospects almost halving in major economies

The OECD forecasts a significant slowdown in growth for developed and major emerging economies, anticipating a nearly halved growth rate by 2060 due to workforce shrinkage and diminishing labor efficiency. This deceleration might necessitate a six-percentage-point increase in taxes by 2060 to maintain current debt levels in OECD nations. Accelerating the shift to cleaner energy, though affecting growth, could yield substantial revenue through effective carbon pricing schemes, potentially mitigat...
Organisation For Economic Cooperation Economic Cooperation Carbon Pricing Higher Taxes Climate Change Cleaner Energy

Argentina's Milei formally seeks OECD accession talks

Argentina's President Javier Milei has sent a letter to the Organisation for Economic Co-operation and Development (OECD), formally requesting to start accession talks and do so "as fast as possible", according to three sources. Milei said in a letter - dated Dec. 11 but sent to the Paris-based organisation on Wednesday - that the country aims to "actively resume" the process of becoming an OECD member. Argentina is also looking forward to "comply with future step...
United States France General Buenos Aires Distrito Federal Alberto Fernandez Javier Milei
Source: yahoo.com

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