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OECD forecasts a protracted economic slowdown in US, Japan and Euro area

13-Nov-2008

Economic activity is expected to fall by 0.9 percent in the US next year, by 0.5 percent in the Euro area and by 0.1 percent in Japan as OECD countries enter a protracted slowdown, according to latest projections. Watch the news conference to present GDP, inflation and unemployment forecasts for the three economies ahead of the G20 summit on the financial crisis on 15 November 2008.

OECD to release forecasts for US, Japan, Euro area ahead of full Economic Outlook

10-Nov-2008

OECD will release its latest GDP and inflation projections for the Euro area, Japan and the United States at 11.00 a.m Paris time (10.00 GMT) on Thursday 13 November 2008. The complete Economic Outlook will be presented on 25 November 2008. Watch press conference LIVE.

OECD Secretary-General congratulates U.S. President-elect Barack Obama

07-Nov-2008

OECD Secretary-General Angel Gurría has written to U.S. President-elect Barack Obama congratulating him on his election victory and stating the Organisation’s commitment to working closely and productively with his Administration.

OECD countries agree on new approach to cut fraud and corruption in public procurement

31-Oct-2008

OECD countries and industry must do more to crack down on fraud and waste in government contracts, such as building new schools and roads, that cost taxpayers billions of dollars every year, says OECD. These are among the recommendations in the new Principles for Enhancing Integrity in Public Procurement, part of a broader initiative to tackle corruption and improve governance.

New bilateral pacts enlarge network on exchange of information for tax purposes

30-Oct-2008

Some 16 new bilateral agreements on exchange of information for tax purposes signed this week between OECD countries and the British Virgin Islands, Guernsey and Jersey mark an important step forward in efforts to bring greater transparency to cross-border financial transactions. OECD countries have been working with financial centres around the world since 2000 to bring greater transparency and accountability to cross-border transactions.

Latin America needs better taxes and better spending

28-Oct-2008

Fiscal policy, says the latest Latin American Economic Outlook (LEO 2009) from the OECD’s Development Centre, can be a powerful tool for economic, political and social development in Latin America if taxes are raised efficiently and fairly and spending is directed to promoting growth and reducing poverty and inequality.

Norway does well on vocational training but should improve the quality of apprenticeships

23-Oct-2008

Norway’s vocational education and training system has many strengths: good co-operation between employers, unions and vocational authorities and high-status vocational tracks in upper secondary education.

OECD Economic Survey of Australia 2008

10-Oct-2008

The Australian economy, which is in its 17th consecutive year of growth, has benefited from remarkable results. But difficult challenges lie ahead. How to balance inflation threats and risks of a strong downturn? How to strengthen labour supply? How to enhance education performance? What reforms are needed for labour and product markets? How to implement climate change policy and sustainable water management?

The global economy and OECD: distilling lessons from a financial crisis

02-Oct-2008

Speaking on the occasion of an annual report to the Parliamentary Assembly of the Council of Europe on the outlook for the world economy, OECD Secretary-General Angel Gurría spoke about the impact of the financial crisis and OECD's work to produce a more inclusive globalisation.

Isle of Man signs tax information pact with United Kingdom

29-Sep-2008

The Isle of Man and the United Kingdom announced that they have signed a bilateral agreement for the exchange of information for tax purposes, bringing to 11 the number of such agreements entered into by the Isle of Man.