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Are the "commons" a metaphor of our times?

Nobel laureate for Economics, Elinor Ostrom, spoke at the OECD in June. At a time when new models are needed, could her ideas on common resources and governance offer guidance?

Lies and dam facts

Common sense and dealing with the right people would help unblock badly needed investment in water in developing countries. Mr Briscoe explains. 

Bank crisis: Why private creditors should share the burden

The financial crisis has taken a heavy toll on government finances and taxpayers are still footing the bill. Could private investors do more to help out? Mohamed El-Erian, CEO and co-CIO of PIMCO, believes they should. He explains to the OECD Observer.

Rare diseases : A hidden priority

Until recently, public health authorities and policy makers have largely ignored rare diseases. It is time to afford them higher priority. Here is why.

Don’t forget, employees make healthcare work

Healthcare must be maintained as an essential public good

Never mind quality as universities expand

The OECD’s general conference, Higher Education in a World Changed Utterly: Doing more with less, identified one of the great challenges of expanding university systems: can higher education provide value while admitting more students and cutting back on spending in a recessionary climate? The problem is that no one knows how to measure the “value” of higher education.

Globalising healthcare: A prescription with benefits

The healthcare sector rarely features prominently in trade policy. This is unfortunate, since the enormous differences in healthcare costs between countries imply that there are large potential gains from increased trade, writes economist Dean Baker.

Health and IT: Showing the way forward

That the health of citizens in OECD countries is improving is not in question. How sustainable healthcare systems are, however, is more of an issue. How can information technology help?

Gaining currency

“Special drawing rights”, a little-known quasi-currency, are important for developing countries and could become one of the world’s reserve monies.

Partnerships for jobs

A global crisis of long-term unemployment is looming. How can public-private partnerships help?

Transport innovations

“The Red Arrow”, a poem by Paul Durcan, an Irish poet, opens with the line “In the history of transport–is there any other?” Anyone looking at innovation in transport would do well to consider this line. Is history really the history of transport, more than, say, the history of wars and kings, as some would have it? It is a tempting proposition.

Towards smarter supply chains

Innovation in organisation and management will be needed if sectors are to adjust to new, oil-challenged realities. Supply chains will evolve as a result, notably in transport.

Sailing into the future

Innovation is not just about new gadgets, but also about using old technologies in new and improved ways. Sails are a case in point, as SkySails GmbH & Co. KG explains.

Corporate social innovation

Companies and non-governmental organisations are forging new types of relationships. Do they really work for the benefit of both?

Financial literacy and silver rights

Financial literacy might not help ordinary people outsmart Wall Street professionals, but it can help people manage their funds.

Growing local

Managing local ecosystems can help create jobs and spur sustainable economic growth.

Beating the jobs crisis

Despite signs of recovery, make no mistake: this crisis is far from over. We are in the midst of the most serious jobs crisis since the Great Depression and the economic recovery is still very weak and fragile.

Investing in a durable recovery

The Caisse des Dépôts, a publicly-led longterm investment group, which has entered a partnership with the OECD focusing on the role of long-term investors, has founded, together with three other European public financial institutions–Cassa Depositi e Prestiti, KfW Bankengruppe and the European Investment Bank–the Long-Term Investors Club. What is it all about?

Why markets need governments

The recent economic meltdown was at root not a failure of character or competence, but a failure of ideas.

Saving capitalism from futile diversification

Current theories of portfolio management are at odds with the wellbeing of citizens. Only government policy can address this.

Capitalism 4.0

Rumours of capitalism’s demise may be premature. The question now is: what kind of capitalist system will emerge from the current crisis?

Roundtable on agriculture

In the years ahead, the global food and agriculture system will have to provide sustainably for billions more people and meet greater demands on quality, affordability and availability. Farming will be competing with other sectors for land, water and investment, while climate change adds new pressures.

Ministers and stakeholders from OECD member countries and key emerging economies gather in Paris on 25-26 February to discuss how best to respond to the challenges. We asked ministers from five of them–Austria and New Zealand as co-chairs, Canada, Germany and Chile–and leading representatives from Concern Worldwide, the International Federation of Agricultural Producers, John Deere, and the World Trade Organization:

“What actions are you prioritising to prepare the food and agriculture system for the needs of a rapidly changing world?”

After Copenhagen: The European business perspective

European businesses were disappointed with the climate change agreement hammered out in Copenhagen. Here’s one way forward.