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DAC Chair Announces Agreement to Untie Aid to More Countries

22-May-2008

At the High Level Meeting of the OECD’s Development Assistance Committee in Paris, development ministers from donor countries have agreed to untie aid to Bolivia, Cameroon, Côte d’Ivoire, Ghana, Guyana, Honduras, Nicaragua, and Republic of Congo. In total, all 39 Highly Indebted Poor Countries will now receive untied aid and will be able to buy goods and services locally at the best price.

Governments and business must tackle Internet address shortage together, says OECD

15-May-2008

Governments and business must work together more effectively and urgently to meet the growing demand for Internet addresses and secure the future of the Internet economy, according to a new OECD report.

OECD and IOPS set out blueprint for a licensing regime in the pensions industry

05-May-2008

OECD countries and the International Organisation of Pension Supervisors (IOPS) have agreed new guidelines to help pensions regulators and supervisors improve the way private work-related pension entities, such as pension fund management companies or pension trustees, are managed in order to boost their financial security and performance.

 

Governments and industry should invest more in financial education, warns OECD

29-Apr-2008

Many people have a poor understanding of the financial issues that affect their lives, according to OECD analysis. To help them, OECD countries have agreed new good practices on financial education relating to private pensions and insurance that call on governments and business to work together to improve financial literacy in order to give people the tools they need to secure their future.

Meeting of the Environment Policy Committee at Ministerial Level "Environment and Global Competitiveness"

29-Apr-2008

Ministers discussed environmental priorities and the challenges and opportunities created by the current economic situation and policies, including on biodiversity and climate change.

OECD welcomes new Tax Information Exchange Agreements between Guernsey and Netherlands and Isle of Man and Ireland

25-Apr-2008

Two new bilateral arrangements for the exchange of information for tax purposes, between Guernsey and the Netherlands and between the Isle of Man and Ireland, bring to fourteen the number of such agreements signed since the beginning of 2007 by jurisdictions committed to work with OECD countries.

OECD Financial Markets Committee calls for fundamental reform of financial markets

15-Apr-2008

Fundamental reform of the financial system and its regulation is needed to address the issues highlighted by the current financial markets crisis, according to the OECD Financial Markets Committee. Priority should be given to private sector initiatives to speed up the recovery of financial markets but government intervention may be needed.

Economic Survey of Germany 2008

09-Apr-2008

Germany has been enjoying a strong cyclical rebound in economic growth after a long period of stagnation. First positive effects of past reforms are already visible. However, for high economic growth to be more enduring, economic challenges remain, notably in the fields of labour markets, fiscal policy, education policy, healthcare and network industries.

OECD countries stay open to commercial investments by sovereign wealth funds

09-Apr-2008

OECD countries are committed to keeping their investment frontiers open to sovereign wealth funds (SWFs) as long as these funds invest for commercial, not political ends. That is the message in a letter from OECD Secretary-General Angel Gurría to G7 Finance Ministers detailing a common OECD position on policies towards sovereign wealth funds.

Factbook 2008 shows wide variations in productivity across OECD countries

08-Apr-2008

Labour productivity has grown strongly in the Slovak Republic, Hungary and Korea in recent years while  growth rates in some other OECD countries such as Italy, Mexico, Portugal and New Zealand have slowed markedly.




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