Austria should set timeframe for 0.7% development aid target, says OECD

Austria should set a timeframe to increase its aid budget in line with a pledge to allocate 0.7% of its gross national income (GNI) to development aid, according to an OECD Review.

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• OECD drängt Österreich zu Zeitplan für Erfüllung nationaler Ziele in der Entwicklungszusammenarbeit

Measuring and managing results in development co-operation

Providing insights into current practices, this review presents the reader with specific examples on how agencies have addressed important aspects of the results agenda such as measuring results, using results information, supporting partner countries’ results systems and developing new instruments to link results with decision-making.

Measuring and managing results in development co-operation

Providing insights into current practices, this review presents the reader with specific examples on how agencies have addressed important aspects of the results agenda such as measuring results, using results information, supporting partner countries’ results systems and developing new instruments to link results with decision-making.

UK should keep foreign aid at commendable 0.7% level, says OECD

The United Kingdom has done well to increase its development spending to 0.72% of gross national income despite a challenging budget climate and should strive to maintain that level of aid for the years ahead, according to a new OECD Review.

Better education and skills are key to shift the economy up a gear, says latest Latin American Economic Outlook

Latin America’s GDP growth rate has slowed down in 2014, dropping below 1.5%. This is the first time in a decade that the region grows less than the OECD average, according to the OECD Development Centre, the Commission for Latin American and the Caribbean and the development bank for Latin America. Given the projections in the past weeks, any recovery in 2015 is likely to be challenging.

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• Latin America and the Caribbean

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• Educação e competências de melhor qualidade são a chave para dinamizar a economia, segundo o último relatório “Perspectivas Econômicas da América Latina”
• Una mejor educación y el desarrollo de las competencias son clave para impulsar el crecimiento inclusivo, de acuerdo con el último informe de Perspectivas Económicas de América Latina

Ireland focusing its development aid on neediest countries, says OECD

Ireland is one of the best performing donors when it comes to directing its development aid to the world’s neediest countries, according to a new OECD report.

OECD’s Gurría commends Greece’s reforms at meeting with Minister Skrekas

Meeting Greece’s Minister of Development and Competitiveness Mr. Kostas Skrekas today, OECD Secretary General Angel Gurría said the Greek government’s reform programme was already showing positive results.

Emerging Asia to see healthy medium-term growth but institutional reforms will be critical for future, says the OECD Development Centre

While the outlook for many OECD countries remains subdued, Emerging Asia is set for healthy growth over the medium term. Annual GDP growth for the ASEAN -10, China and India is forecast to average 6.5% over 2015-19. Growth momentum remains robust in the 10 ASEAN countries, with economic growth averaging 5.6% over 2015-19.

Developing countries to play greater role in OECD/G20 efforts to curb corporate tax avoidance

The OECD released today its new Strategy for Deepening Developing Country Engagement in the Base Erosion and Profit Shifting (BEPS) Project, which will strengthen their involvement in the decision-making processes and bring them to the heart of the technical work.

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• Los países en desarrollo jugarán un papel importante en los esfuerzos de la OCDE y el G-20 para frenar la evasión fiscal corporativa

Southeast Asia should switch to a greener growth model, OECD says

Southeast Asia’s over-reliance on natural resources like oil, gas, minerals and wood for economic growth is unsustainable over the long term and is causing environmental damage that will hurt future prosperity if left unchecked, according to a new OECD report.