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News

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 ...

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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 ...

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 ...

16 March 2021

New OECD Leadership in times of crisis calls for constructive dialogue with social partners (ENG/FR)

On Monday 15 March the OECD Council appointed Mathias Cormann as the next Secretary-General of the OECD for a period of 5 years, starting 1 June 2021. He is the first OECD lead heading from Asia Pacific. The TUAC looks forward to a constructive dialogue with the new Secretary General to deepen and ...

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12 March 2021

TUAC Working Group on Economic Policy takes stock of the Covid-19 crisis and engages with G20 & G7 Presidencies

On 10-12 March 2020, the TUAC Working Group on Economic Policy gathered virtually to discuss key messages and delve deeper into current topics of economic and employment policy, including with OECD Secretariat Directors and senior economists, as well as with the Sherpas of the Italian G20 and ...