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News & Events
News
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14-Jul-2009
Brazil has not been left unscathed by the unfolding global crisis. But economic fundamentals are strong, and the macroeconomic policy responses have been appropriate. Longer-term challenges remain, including the need for tax reform and to make government operations more cost-effective.
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09-Jul-2009
Sweden spent USD 4.73 billion on overseas development assistance (ODA) in 2008. This amounted to 0.98% of its gross national income (GNI), making Sweden the most generous DAC donor countries as a proportion of its economy. This is particularly laudable in a time of global recession.
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09-Jul-2009
“Closer and stronger ties between the G8 and G5 countries are critical for tackling the increasingly complex global challenges facing our countries, and never more so than in the current economic crisis,” OECD Secretary-General Angel Gurría said today at the G8 Summit.
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08-Jul-2009
The Belgian economy is in a deep recession. Nevertheless, the government should not forego structural reforms in areas such as labour policy, fiscal policy, fiscal federalism, taxation and competition. Such reforms are particularly important to meet the challenge of securing fiscal sustainability.
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08-Jul-2009
Luxembourg has signed a protocol to its double taxation convention with Norway, bringing to 12 the number of agreements it has on exchange of information for tax purposes and thus crossing the threshold for being considered to have substantially implemented the internationally agreed standard in this area.
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07-Jul-2009
Financial services firms must make sure their customers understand what they are letting themselves in for when they sign up for mortgages, consumer loans and other products, under new OECD guidelines designed to avoid a repeat of the sub-prime mortgage crisis and ensuing credit crunch that sent the world economy into recession.
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06-Jul-2009
OECD governments provided 265 billion US dollars in support to farmers last year, says a new OECD report. This represented 21 % of total farm receipts, down from 22% in 2007 and 26% in 2006. The falls were due mainly to the rise in agricultural commodity prices, rather than to policy decisions. With higher world prices, lower levels of support were needed to prop up domestic prices.
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06-Jul-2009
One of the agenda items at the G8 Summit in L’Aquila was a discussion of a proposed new “Global Standard” for international business dealings (see www.oecd.org/globalstandard). An Italian-led working group has drawn up, with the assistance of the OECD, a list of 12 “common principles and standards” in support of this project. To promote discussion of the issues raised by the proposed Global Standard, the OECD has launched a blog to which comments are invited.
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02-Jul-2009
How has the crisis affected Austria’s economy and banks? What short and longer term fiscal policies are advised? How strong is productivity and labour market performance? How can employment rates be improved? Does the education system equip students to meet today’s challenges?
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02-Jul-2009
All countries need to trade, with their neighbours and globally, to sustain long-term economic growth. Some low-income countries lack the instutitions, infrastructure and supply-side capacity to benefit from open markets and lift their people out of poverty.
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