The second level is analysis and interpretation and the third level is “opinion”. It is at these latter two levels that competition to be “the first with it” compromises quality. The media will probably be more effective and value adding if it allows time for digesting the news and thinks through before “analysis and interpretation”, and does some research before coming out with “opinion”.
But while the OECD continues to provide excellent analysis, particularly in terms of structural policies, it is not yet a truly global table. Indeed, there are only two economic tables with a fully global representation: the World Trade Organization (WTO) to deal with trade issues, and the IMF to deal with macroeconomic and financial stability issues.