Fertility rate decline becomes a brewing crisis in South Korea
BBC - 25-Aug-2022Billions of dollars spent as incentive is not convincing people to have children
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Intergovernmental economic organisation founded to stimulate economic progress and world trade.
The mission of the Organisation for Economic Co-operation and Development (OECD) is to promote policies that will improve the economic and social well-being of people around the world.
The OECD provides a forum in which governments can work together to share experiences and seek solutions to common problems. We work with policymakers to understand what drives economic, social and environmental change. We analyse and compare data to predict future trends. We set international standards on a wide range of things, from agriculture and tax to the safety of chemicals.
We look at issues that directly affect the lives of ordinary people, like how much they pay in taxes and social security, and how much leisure time they can take. We compare how different countries’ school systems are readying their young people for modern life, and how different countries’ pension systems will look after their citizens in old age.
Drawing on facts and real-life experience, we recommend policies designed to make the lives of ordinary people better. The common thread of our work is a shared commitment to market economies backed by democratic institutions and focused on the wellbeing of all citizens.
Visit website: https://www.oecd.org/
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Details last updated 06-May-2020
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