OECD Observer
The Friday Fish
This week’s haul from behind the headlines

No 26: Fear the working dead; Where do countries get their tax revenues from?; How to trade in fake goods?; Greening Hungary; Cities for citizens

Fear the working dead

Zombies are real: they’re out there, eating our capital. Unequal absorption of today’s technological breakthroughs as well as old crisis policies to support output have been pitting productive firms up against unproductive “zombie firms”, crowding out available scarce resources. These researchers look at ways to chase the zombies off.

Where do countries get their tax revenues from?

In 2015, taxes on goods and services, such as VAT, were the main source of tax income for 46 out of the 80 countries in this database.  Income taxes are the main source of tax revenue for 23 other countries, while social security contributions tip the scales for 11 countries, nearly all of them OECD members.

How to trade in fake goods?

Corruption, low wages, poor labour market regulation and a disregard for intellectual property are characteristics of trade in fake goods, this report finds. Even beneficial trade policies such as good logistics or free trade zones can be abused by counterfeiters.

Greening Hungary

Hungary has made good progress on biodiversity, with over 22% of its land and inland waters being protected, well above internationally agreed targets. However, more needs to be done to address air and water pollution, as Hungary’s level of exposure to air pollution is among the highest of OECD countries.

Cities for citizens

Cities are at the forefront of sustainable development and the UN 2030 Agenda. From 2005 to 2015, official development assistance from OECD cities and regions has increased by 12%–from US$1.7 billion to US$1.9 billion, according to this report. But that’s not all: Cities and regions engage in a variety of ways, from co-operation with NGOs, universities, the private sector and national governments to direct action.

©OECD Observer 29 June 2018