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“Having left the most difficult years of the global crisis behind, […] Turkey is one of the countries which has managed to put its economy back on the path to strong growth in a short period of time.” Ali Babacan, Deputy Prime Minister for Economic and Financial Affairs of Turkey, and Chairman of the OECD Ministerial Council Meeting 2012 explains.
Provisional estimates show that quarterly gross domestic product (GDP) in the OECD area grew by 0.4% in the first quarter of 2012, up from 0.2% in the previous quarter.
Updated on a daily basis. These statistics are an extract from the database: OECD Quarterly National Accounts. TIPS ...
Economic policy should be better designed to bring about more inclusive growth, ensuring that the benefits of increased prosperity are shared more evenly across society, according to a new report from the OECD and the World Bank.
The global economy is recovering, but confidence is extremely uneven across different regions, according to the OECD’s latest Economic Outlook. European governments must take greater action to ensure that the crisis in the euro area does not derail the recovery.
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to regained momentum in the OECD area but with divergence between economies.
최근 발표된 OECD의 한국경제보고서에 따르면, 한국은 대부분의 OECD 국가보다 빠르고 역동적으로 글로벌 위기를 극복했지만, 견조한 경제성장만으로는 빠르게 진행되고 있는 고령화와 불평등의 증가 등에 의해 초래되는 근본적인 문제를 해결하는데 충분하지 않을 것이다.
Korea recovered faster and more vigorously from the global crisis than most OECD countries, but strong economic growth alone will not be enough to address the fundamental challenges posed by its rapidly ageing population and rising inequality, according to the latest Economic Survey of Korea.
At the launch of the Economic Survey of Korea, A. Gurría. said the country needs to sustain strong economic growth while achieving social cohesion through a fair distribution of income.
The Great East Japan Earthquake took a heavy toll of human lives and inflicted a massive economic damage, estimated at 3½ per cent of GDP. This event requires considerable time and a nation-wide effort of reconstruction. This is the first component of Prime Minister Noda’s “Strategies to Revitalise Japan”, which we very much welcome and support, said OECD Secretary-General.