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The OECD Development Centre helps policy makers in OECD and developing countries find innovative solutions to the global challenges of development, poverty alleviation and the curbing of inequality.
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04-Feb-2010
The shift in the global production of goods towards Asia is well documented. But global consumer demand has so far been concentrated in the rich economies of the OECD. Will consumer demand also shift towards Asia as these countries get richer? This working paper by Homi Kharas, OECD Development Centre Non-Residential Fellow is the first in the Global Development Outlook series on ‘Shifting Wealth’. Kharas shows that by 2020 more than half the world’s middle class could be in Asia, and could account for over 40 per cent of global middle class consumption – a major force in the global economy.
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08-Feb-2010
The second cycle of the Global Forum on Development kicked off in Paris on 28th January with a plenary on “Domestic Resource Mobilisation: The Taxation Challenge”. It was the first time that the tax and development communities – from governments, academia, civil society and business – came together to better understand the key links between tax and development.
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25-Jan-2010
Latin American and Caribbean countries have not escaped the global financial crisis, but have weathered the storm more successfully than in past downturns, due to better macroeconomic management, more efficient structural policies, and a vigorous business sector. However, important challenges lie ahead for the region. These are some of the conclusions reached by the 500 policy makers, business leaders and economists participating at the II International Economic Forum – Latin America and the Caribbean 2010, held today in Paris.
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25-Jan-2010
The Organisation for Economic Co-operation and Development (OECD) and the Inter- American Development Bank (IDB) agreed to collaborate more closely in generating and disseminating good practices and public policy that will favor economic and social development in Latin America and the Caribbean.
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20-Jan-2010
The catastrophic earthquake that struck Haiti on 12 January 2010 has levelled Port-au-Prince, inflicting enormous pain in the poorest country in Latin America and the Caribbean. It is a terrible blow to the cause of development in the region, in a country that has inspired unusual collective action among its Latin American neighbours. This collective action must be mobilised to aid Haiti in its rebuilding, recovery and future development.
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13-Dec-2009
The OECD Development Centre, the African Development Bank and the UN Economic Commission for Africa gathered experts in Paris to discuss public resource mobilization and its role in reducing Africa’s dependence on external financial flows especially aid. Academics, development practitioners and experts from Africa and OECD used the December 14th meeting to debate the extent and sustainability of taxation’s contribution to Africa’s development. The discussions will provide inputs to the 2010 African Economic Outlook, which will be launched in May in Abidjan, Côte d’Ivoire.
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11-Dec-2009
The World Economy mini-symposium, co-edited by Development Centre economists, presents findings about the economic impact of China and India in Saharan African countries by Africa-based economists. ‘The Asian Drivers and Africa’ presents case studies on Angola, Ethiopia, Kenya, Senegal and South Africa. These papers form part of a broader Development Centre project which documents the economic, political and social impacts of the two Asian giants on sub-Saharan African countries.
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07-Dec-2009
The OECD Development Centre welcomed on Wednesday 3 November the Dominican Republic as its 39th member country. Speaking at OECD headquarters on this occasion, President Leonel Fernández said “Joining the Development Centre is going to be of crucial help in defining the policies for our national development.” The first Caribbean member of the Centre, the Dominican Republic is already playing an active role in our work. In particular, it is helping us set up a policy network that brings together OECD and Latin American experts.
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30-Nov-2009
Latin America as a whole is showing signs of recovery and stabilization. Economic activity is helped by improving conditions in global financial and commodity markets, as well as recovering exports. It is also underpinned by the stronger policy frameworks developed during the past decade, which have promoted resilience and allowed the implementation of timely responses to counter the crisis.
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23-Nov-2009
The Centre is pleased to announce that the African Economic Outlook, one of the OECD Development Centre’s flagship reports, won the Best in Class Interactive Media Award (IMA) for its website with an overall score of 500. This is the first perfect score in the history of IMA.
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09-Nov-2009
As long as interest rates are so low and crisis needs are so great, it’s time to make IBRD resources more widely available to promote development. Homi Kharas, OECD Development Centre Non-Residential Fellow and Senior Fellow, Wolfensohn Center for Development at Brookings, puts forward his solution for helping poor countries through the crisis.
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23-Oct-2009
The US dollar has been the dominant reserve currency for several decades, accounting for about two-thirds of global reserves, but change on international markets is under way. Are the Chinese reminbi or the Euro going to overtake the US Dollar as the world's currency of reference?
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22-Oct-2009
The Centre’s Andrew Mold and Annalisa Prizzon contributed a background paper to the European Report on Development (ERD) ‘Overcoming Fragility in Africa’. The paper looks at commodity booms and export performance in the context of sub-Saharan Africa, looking at the record from the perspective of export volumes rather than values.The authors argue that the average export performance during the period of high commodity prices was not as impressive as the previous period when African countries were confronted with very low prices.
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07-Oct-2009
OECD Development Centre Director Javier Santiso congratulated his predecessor Prof. Louka T. Katseli on her party’s resounding victory in the Greek parliamentary elections and on her appointment as head of a newly-created ‘super-ministry’ of economy, competitiveness and shipping.
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02-Oct-2009
Discover the latest edition of the "OECD Journal: General papers", edited by Kiichiro Fukasaku, that includes articles on commercial agriculture in Ghana, Mali, Senegal, Tanzania, and Zambia.
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25-Sep-2009
Policy conditions placed on aid rarely improve its impact on growth and human development. However, donors continue to place significant conditions on their giving. A new study by Development Centre Senior Economist Andy Mold calls for more modesty from the donor community when defining “good” and “bad” practices, and concludes that the financial crisis should act as a catalyst for a thorough re-examination of aid conditionality. Recipient countries need to say ‘no’ more often to aid with excessive strings attached.
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09-Jun-2009
The majority of countries keep their international reserves in foreign currencies. How safe are those reserves? What are the role and prospects of reserve currencies. Watch Helmut Reisen tackle these issues at the Saint-Petersburg International Economic Forum.
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28-May-2009
The 2009 edition of the African Economic Outlook (AEO) covers 47 African countries, up from 35 last year. The report finds the region gravely affected by the global economic downturn. Following half a decade of above 5 per cent economic growth, the continent can expect only 2.8 per cent in 2009, less than half of the 5.7 per cent expected before the crisis.
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