News & Events

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News

Development aid from OECD countries fell 5.1% in 2006

03-Apr-2007

Total official development assistance (ODA) from members of the Development Assistance Committee (DAC) fell by 5.1% in 2006 to USD 103.9 billion.  This represents 0.30% of members’ combined Gross National Income.  In real terms this is the first fall in ODA since 1997, though the level is still the highest recorded with the exception of 2005.

Sweden should continue reforms to strengthen its economy, says OECD

30-Mar-2007

Sweden should instil more competition in the public sector, cut red tape and liberalize labour markets if it is to meet the challenge of an ageing population and maintain its high standards of social welfare, according to a new OECD report.

Portugal should be more active in tackling foreign bribery, says OECD

29-Mar-2007

Portugal should raise awareness of foreign bribery in both the public and private sector and be more proactive in detecting, investigating and prosecuting cases of bribery of foreign public officials in international business transactions, according to a report by the OECD’s Working Group on Bribery.

OECD expresses concern over Ireland’s commitment to foreign bribery Convention

29-Mar-2007

The 36-country OECD Working Group on Bribery expressed concern over Ireland’s commitment to the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, notably given its poor participation in the five-day visit to Ireland by OECD examiners in October 2006.

OECD countries agree Principles for private sector role in infrastructure projects

26-Mar-2007

OECD countries have approved new principles to help governments in working with private sector partners to finance and bring to fruition major infrastructure projects in areas of vital economic importance such as transport, water and power supply and telecommunications.

Korea should maintain pace of regulatory reform, finds OECD

19-Mar-2007

Korea has made impressive progress in reforming its regulatory policies and institutions over the last few years but needs to keep up the pace of reform to ensure Korea’s long-term economic growth, according to a new OECD report.

OECD to conduct a further examination of UK efforts against bribery

14-Mar-2007

At its March 2007 meeting, the OECD Working Group on Bribery reaffirmed its serious concerns about the United Kingdom’s discontinuance of the BAE Al Yamamah investigation and outlined continued shortcomings in UK Anti-Bribery legislation.

Economic Survey of Belgium

13-Mar-2007

The economic recovery in Belgium is becoming more durable. Nevertheless, unemployment remains high and there are already signs that some productions factors are coming under strain. Thus, further labour market reform is required to bolster employment gains. Other challenges include securing additional fiscal consolidation across all levels of government to address the sizeable consequences of ageing, enhancing the efficiency of tertiary education and further improving the functioning of the financial markets.

OECD welcomes tax information exchange agreements between the Netherlands Antilles and Australia and New Zealand

02-Mar-2007

The Netherlands Antilles yesterday signed bilateral agreements with Australia  and New Zealand for the exchange of information for tax purposes, marking further progress in international efforts to implement the principles of transparency and exchange of information for tax purposes developed by the OECD’s Global Forum on Taxation.

OECD’s Taxing Wages shows little change in taxes on individual wage earners

28-Feb-2007

The OECD’s annual compendium of tax data shows little change in levels of taxation on wage earners in different OECD countries, with Turkey, Poland and France levying the most on a single-earner married couple with two children on average earnings and Ireland, New Zealand and Iceland taking the least.




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