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06-Jul-2009
One of the agenda items at the G8 Summit in L’Aquila this week is expected to be a discussion of a proposed new “Global Standard” for international business dealings (see www.oecd.org/globalstandard). An Italian-led working group has drawn up, with the assistance of the OECD, a list of 12 “common principles and standards” in support of this project. To promote discussion of the issues raised by the proposed Global Standard, the OECD has launched a blog to which comments are invited.
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09-Jul-2009
“Closer and stronger ties between the G8 and G5 countries are critical for tackling the increasingly complex global challenges facing our countries, and never more so than in the current economic crisis,” OECD Secretary-General Angel Gurría said today at the G8 Summit.
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09-Jul-2009
Sweden spent USD 4.73 billion on overseas development assistance (ODA) in 2008. This amounted to 0.98% of its gross national income (GNI), making Sweden the most generous DAC donor countries as a proportion of its economy. This is particularly laudable in a time of global recession.
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08-Jul-2009
Luxembourg has signed a protocol to its double taxation convention with Norway, bringing to 12 the number of agreements it has on exchange of information for tax purposes and thus crossing the threshold for being considered to have substantially implemented the internationally agreed standard in this area.
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on 14-Jul-2009
The OECD’s latest economic survey of Brazil, to be published on Tuesday 14 July 2009, looks at the challenges the country faces as it recovers from the global downturn. It also discusses the reforms needed to reinforce long-term growth and raise living standards.
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on 15-Jul-2009
The OECD’s latest economic survey of Russia, to be published on Wednesday 15 July 2009, looks at the reforms needed to establish more robust and sustainable growth in the wake of the current crisis.
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08-Jul-2009
The Belgian economy is in a deep recession. Nevertheless, the government should not forego structural reforms in areas such as labour policy, fiscal policy, fiscal federalism, taxation and competition. Such reforms are particularly important to meet the challenge of securing fiscal sustainability.
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06-Jul-2009
OECD governments provided 265 billion US dollars in support to farmers last year, says a new OECD report. This represented 21 % of total farm receipts, down from 22% in 2007 and 26% in 2006. The falls were due mainly to the rise in agricultural commodity prices, rather than to policy decisions. With higher world prices, lower levels of support were needed to prop up domestic prices.
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02-Jul-2009
All countries need to trade, with their neighbours and globally, to sustain long-term economic growth. Some low-income countries lack the instutitions, infrastructure and supply-side capacity to benefit from open markets and lift their people out of poverty.
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