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Recovery still too timid to halt rising unemployment, says OECD Economic Outlook

19-Nov-2009

The economic recovery now spreading across OECD countries is still too timid to halt the continuing rise in unemployment, according to the OECD’s latest Economic Outlook. The jobless rate is expected to peak in the first half of 2010 in the US, but it may not be until 2011 that unemployment begins to fall in the Euro area.

Tax burdens falling in OECD economies as crisis takes its toll

24-Nov-2009

The recession is taking its toll on tax receipts across the OECD. Aggregate tax burdens in OECD economies, calculated as the ratio of tax revenues to gross domestic product, or GDP, were unchanged between 2006 and 2007, and then fell in 2008. 

MENA, OECD countries pledge new efforts to streamline public services, boost investment

24-Nov-2009

Government ministers from Arab and OECD countries ended two days of talks with a Declaration pledging continued cooperation to streamline public services and improve business conditions in the Middle East North African (MENA) region in a drive to attract investment and boost development.

Squeeze on public budgets boosting e-government, says OECD

19-Nov-2009

The squeeze on public budgets in the wake of the economic crisis is driving governments to rethink their approach to online government services or “e-government” as public authorities seek increased efficiency, according to new OECD analysis.

Singapore signs its 12th tax agreement meeting the OECD standard

13-Nov-2009

Singapore has today signed a protocol with France that brings the two countries’ bilateral tax treaty into line with the OECD standard on transparency and exchange of information for tax purposes. This being the 12th agreement that it has signed in accordance with the OECD standard, Singapore moves into the category of jurisdictions deemed to have substantially implemented the standard.

Unemployment rate stable at 8.6% in September 2009

09-Nov-2009

The unemployment rate for the OECD area was 8.6% in September 2009, the same as the previous month and 2.3 percentage points higher than a year earlier.

Composite leading indicators continue to show strong signals of recovery

06-Nov-2009

OECD composite leading indicators (CLIs) for September 2009 point strongly to growth in Italy, France, United Kingdom and China, while tentative signals of expansion have emerged in Canada and Germany.

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