With many countries facing shortages of qualified teachers in key subjects, governments need to make the profession more attractive to talented graduates, according to a new OECD report.

Companies are increasingly producing goods and services through supply chains spanning different countries.

In response to the presentation of the 2012/13 U.K. Budget by the Chancellor of the Exchequer George Osborne, OECD Secretary-General Angel Gurría has expressed support for the government’s plans for continued fiscal consolidation aiming at eliminating the fiscal deficit by 2016/17.

Euro area finance ministers meeting this week need to boost the firepower of the European stability funds to at least one trillion euros in order to restore market confidence, OECD Secretary-General Angel Gurría said today.

OECD Secretary-General Angel Gurría congratulates the Italian government for launching parliamentary discussions on a wide-ranging package of labour market reforms.

Meeting at OECD’s first Global Forum on Transfer Pricing, tax officials from 90 countries agreed on the need to simplify transfer pricing rules, strengthen the guidelines on intangible issues and improve the efficiency of dispute resolution.

Poland has been a strong performer across the OECD through the global economic crisis, growing much faster than most other countries and making impressive steps toward reducing the income gap with its European Union partners, according to the OECD’s latest economic survey.

Finland gives its young children a better start in education than most OECD countries.

Hungary’s law banning bribery of foreign public officials is relatively good on paper but lacks effective application, according to a new OECD report. Hungary must strengthen detection and prosecution of individuals and companies involved in foreign bribery.

The United Kingdom has significantly boosted its foreign bribery enforcement efforts but needs to be more transparent when resolving cases.