Increased domestic resource mobilization is widely accepted as crucial for countries to successfully meet the challenges of development and achieve higher living standards for all their people.
Though the economic crisis has forced Spain to cut public spending in the past year, including to development co-operation, its aid has almost doubled since 2003. Spain still has plans to meet the international target of committing 0.7% of its gross national income to development aid.
New data show that the member countries of the OECD Development Assistance Committee (DAC) allocated up to USD 22.9 billion, or 15% of total official development assistance (ODA), to climate change mitigation and adaptation in developing countries in 2010.
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2011-2012 Southeast Asian Economic Outlook press release - in Indonesian
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2011-2012 Southeast Asian Economic Outlook press release - English
Global uncertainties and natural disasters shed a negative light on the growth prospects of the region but compared with sluggish OECD economies, overall Southeast Asia will have a solid growth performance through 2016, says the OECD 2011/12 Southeast Asian Economic Outlook.
According to OECD’s latest analysis, global greenhouse gas emissions are projected to grow by another 50% in the next 40 years. This would result in a 3-6 degree increase of average global temperature by the end of the century unless governments take decisive action, says OECD Secretary-General.
This publication is the product of a joint effort by the Development Development Centre of the OECD and the Economic Commission for Latin America and the Caribbean (ECLAC), undertaken in order to analyse the role of the State in the economic growth and development of Latin American and Caribbean countries. The questions the outlook exposes are: What should be the main elements of the reform of the State in Latin America and the
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Despite the global economic downturn, the economy of the Latin American and Caribbean region grew 5.9% in 2010 and is expected to climb by 4.4% this year. To ensure continued progress, these regions must now turn such growth into sustainable economic and social development, according to OECD and ECLAC’s 2012 Latin American Economic Outlook presented at the XXI Iberoamerican Summit in Asunción.
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Asian growth will moderate in the coming months as global uncertainty casts a shadow over Asian economies with deterioration in business and consumer sentiments and a negative reaction in financial markets. Asian countries need to be vigilant of macroeconomic management.