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News

OECD urges Korea to do more to protect the environment

21-Sep-2006

Korea should use energy more efficiently and control green house gas emissions more effectively, according to a new OECD report. While the OECD welcomes Korea’s significant progress in tackling environmental challenges over the past decade, it notes that further steps are needed in the interests both of international environmental cooperation and Korea’s economic development.

More OECD countries focusing on early childhood as key to education success

19-Sep-2006

A new OECD report on early childhood policy, Starting Strong II, shows that more countries are making early childhood education and care a priority, with greater attention paid to service quality. Increasingly, it shows, the early years are viewed as the first step in lifelong learning and a key to successful social, family and education policies.

OECD reviews the Netherlands' development aid

19-Sep-2006

The OECD Development Assistance Committee welcomed the Netherlands’ continued commitment to maintain high levels of development aid. The Netherlands Official Development Assistance in 2005 was USD 5.11 billion, or 0.82% of Gross National Income, making it one of the world’s most generous donor countries.

World economy needs transparency and openness in international investment, says OECD’s Gurría

18-Sep-2006

In a statement to the International Monetary and Financial Committee meeting in Singapore on 17 September 2006, OECD Secretary-General Angel Gurría reviews the world economic outlook and calls on countries to work together to head off a possible resurgence of international investment protectionism.

OECD tax administrators to join forces in fighting tax non-compliance

15-Sep-2006

OECD tax administrators meeting in Seoul agreed to work together on ways to improve tax administration and to address the significant and growing problem of international non-compliance with national tax requirements. See their Seoul Declaration.

Low educational attainments continue to penalise people in many OECD countries

12-Sep-2006

Education is a gateway to employment and in almost all OECD countries educational attainment levels continue to rise, with many countries showing impressive gains in university qualifications in particular, according to data in the 2006 edition of the OECD’s annual publication Education at a Glance.

Governments must prepare better for future disasters, says OECD

08-Sep-2006

Governments around the world need to be better prepared for large-scale catastrophes and take a more proactive role in working with the insurance industry and other players, OECD Secretary-General Angel Gurría told participants at the inaugural meeting of the OECD International Network on Financial Management of Large-Scale Catastrophes in Paris today.

Economic Survey of Iceland

09-Aug-2006

Iceland's growth performance has been impressive, but it has been accompanied by large economic imbalances that need to be corrected swiftly by approriate monetary and fiscal policies. Other challenges include minimising risks to the stability of, and completing reforms in, the financial sector as well as human capital development to sustain the rise in the country's prosperity.

Economic Survey of Australia

31-Jul-2006

Australia is currently riding the global boom in commodities and must maintain macroeconomic stability when commodity prices eventually weaken. Sustaining long-term growth in living standards will require progress on numerous fronts: improving fiscal relations across levels of government; further reform of network industries; more efficient use of water; improving workforce skills; and increasing labour market participation by lone parents, second earners, disability beneficiaries and those aged over 55.

Economic Survey of Japan

20-Jul-2006

Japan has finally emerged from an extended period of economic stagnation following the collapse of the asset price bubble in the early 1990s. However, Japan needs to implement monetary and fiscal policies appropriate to its unique macroeconomic situation while advancing on a wide range of economic reforms necessary to sustain growth.




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