01 June 2021
Release of the OECD Economic Outlook, May 2021: Growth forecasts lifted by Biden and vaccines – Yet, an uneven recovery on the back of job precariousness and
Key findings Released on the occasion of the OECD Ministerial, the Economic Outlook (May 2021) upgrades global GDP growth forecasts for 2021, from 4% in December 2020 and 5.6% in March to 5.8% today. The main drivers of the recovery are the US fiscal stimulus and speeding up of vaccination ...
28 May 2021
TUAC Statement to the OECD 2021 Ministerial Council Meeting (ENG/FR)
(Version française ci-dessous) The OECD is holding its 2021 Ministerial Council Meeting (MCM) on 31 May – 1 June 2021, focussing “Shared Values: Building a Green and Inclusive Future”. On 28 May, the TUAC Plenary chaired by Richard Trumka, President of the AFL-CIO and President of the TUAC, ...
27 May 2021
TUAC launches Youth Network / Le TUAC lance son réseau Jeunesse
On 19 May, the TUAC brought together its newly created Youth Network for the first time. This group of young trade union activists, economists and youth coordinators will help shaping the TUAC’s position on a better recovery and quality jobs for youth. The generation that entered the labour ...
10 May 2021
Embedding Social Justice in the Monetary and Fiscal Response to COVID-19 – Intégrer la justice sociale dans la réponse monétaire et fiscale au COVID-19
Executive Summary Today, the top 1% of the global income distribution seizes 20% of global GDP, and it has captured 27% of total income growth between 1980 and 2016. The substantial rise in inequality and the failure in lifting the bottom and middle of the income distribution over the past forty ...
07 May 2021
OECD Confirms support for Trade Unions in Meaningful Due Diligence
The TUAC welcomes the clarification by the Investment Committee of the OECD in response to the TUAC request to clarify the interpretation of the OECD Guidelines by the UK NCP. The OECD Investment Committee clarification confirms that meaningful grievance mechanisms and due diligence systems can ...
07 May 2021
Colombia – one year after accession
The TUAC stands in solidarity with the Colombian trade unions and the democratic forces of civil society in reaction to the recent violent crackdown by the Colombian authorities against the mass opposition and demonstrations against a planned tax reform. As reported by the ITUC, more than 1,089 ...
19 April 2021
Comments on the 2021 OECD Going for Growth: Structural Reforms and the Pandemic
Executive Summary On 14 March, the OECD published the 2021 edition of Going for Growth, which represents the OECD’s formula for countries’ economic success through the implementation of structural reforms. Over the last years, there has been a progressive attempt to shift the publication’s ...
13 April 2021
L20 comments on the second G20 Finance meeting
Meeting last 7 April 2021, the G20 Finance committed to continued fiscal support in the crisis and financial support to developing countries, re-focusing on sustainable finance and just transitions, and pledged to reach a global agreement on tax. In times of crisis, the G20 finance maintains ...
12 April 2021
Breakthrough in the long awaited G20/OECD tax reform negotiations?/ Percée dans les longues négociations sur la réforme fiscale du G20/OCDE ?
EN (FR CI-DESSOUS) The G20 Finance meeting last week communiqué had the usual wording on the ongoing international tax negotiations: all on track, but no breakthrough. Press articles and a formal presentation from the US Treasury at the OECD-hosted Inclusive Framework tell a different story. The ...
31 March 2021
TUAC Working Group on Multinational Enterprises addresses the OECD responsible business conduct agenda/ le groupe de travail du TUAC sur les entreprises
EN (FR CI-DESSOUS) Between 22 and 26 March 2021, the TUAC Working Group on Multinational Enterprises convened virtually over three days to discuss priority initiatives on trade, investment and responsible business conduct, including the future of the OECD Guidelines for Multinational Enterprises, ...
24 March 2021
Trade unions warn the OECD Steel Committee about issues of overcapacity and occupational health and safety
TUAC, in partnership with IndustriALL Global Union and industriAll Europe, attended the 89th OECD Steel Committee session on 19, 22 and 23 March. The meeting brought together over 120 governmental and employers’ delegates to discuss recent developments in the steel sector during the COVID-19 ...
18 March 2021
Climate & green growth: OECD calls for a Just Transition for workers
(version française ci-dessous) “Workers need a just transition to be ready for the green future”. In its new OECD flagship report on the “inequalities-environment nexus”, the OECD is clear and explicit about the need for a Just Transition for workers and the importance of ...
