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OECD Secretary-General Angel Gurría hailed the budgetary measures announced today by U.K. Chancellor of the Exchequer George Osborne as a courageous move that will underpin fiscal consolidation while supporting economic recovery.
The data and a range of other indicators of the crisis and its aftermath can be found in the OECD’s Factbook 2010, an annual digest of economic, social and environmental statistics.
OECD' Secretary-General welcomes the fiscal consolidation plan and loan package agreed by the Greek government, its Euro area partners and the International Monetary Fund.
The OECD’s latest Economic Survey Germany, to be published on Friday 26 March, looks at the impact of the economic crisis on jobs and public finances. It discuss reforming the banking system as well as measures to broaden strong export performance to other sectors of the economy.
Innovation, education and more competition in the domestic market would help Germany emerge from the economic crisis with a stronger and more balanced economy.
In an article published in Kathimerini, A. Dean says it's urgent for the government to improve the financial situation and the efficiency of its public sector. It's the only way to restore trust in public finances, maintain a high economic growth rate and improve fairness among generations.
It is easier to climb the social ladder and earn more than one’s parents in the Nordic countries, Australia and Canada than in France, Italy, Britain and the United States, according to a new OECD study.
With the help of massive government stimulus action, China is now leading the world economy out of recession, according to a new OECD report.
Chile, now on the path to becoming the OECD’s newest member, is emerging from recession relatively fast on the back of government stimulus measures and a rebound in copper export prices, says a new OECD report.
Chile, que está en camino de convertirse en el miembro 31 de la OCDE, emerge de la recesión impulsado por las medidas de estímulo del gobierno y un repunte de los precios de exportación del cobre, según relata un nuevo estudio de la OCDE.