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At COP16, Angel Gurría stated that "Green and Growth go well together and can become a win-win outcome for advanced, emerging and developing countries. (...) Cancun should; Cancun must; Cancun can!"
The UN Climate Change Conference was held in Cancún, Mexico (COP16, 29 Nov-10 Dec 2010). What were the actions taken? For OECD experts involved at Cancún, policy focused on financing, market solutions and technological change.
Public finances are under pressure around the world. We asked finance ministers from a range of countries: “What actions is your government taking to bolster public finances, while upholding growth and services?”
In his remarks, A. Gurría said that countries need to be ambitious in taking unilateral actions and that a cost-effective approach to reducing emissions could cost just a fraction of a percentage point of GDP per year.
Angel Gurría declared that "We need a legacy of action in which we take concerted action to mitigate and build sufficient climate resilience to accommodate a further 2 to 3 billion people plus rising living standards across the world."
The unique OECD peer review process has helped improve public policy. It assesses how countries manage the design, adoption and enforcement of regulations according to a conceptual framework. It ensures comparability while taking account of institutional and cultural differences across countries.
Even though the growing middle class in Latin America is becoming an engine of economic progress, it remains economically vulnerable when compared with high income OECD countries, according to the OECD Development Centre’s Latin American Economic Outlook 2010.
Perspectivas Económicas de América Latina 2011
As part of its ongoing work on the mutual agreement procedure (MAP) under tax treaties, the OECD makes available to the public annual statistics on the MAP caseloads of member countries and of certain non-OECD economies. MAP statistics have now been released for 2008 and 2009.
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Following one of the steepest downturns among OECD countries, involving a 6.6% GDP contraction in 2009 and a substantial increase in unemployment and informality, the Mexican economy is now making an export-led recovery. GDP growth for 2010 is forecast at around 5%, one of the highest rates in the OECD.