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China will become world’s second highest investor in R&D by end of 2006, finds OECD

04-Dec-2006

China will this year for the first time spend more on research and development (R&D) than Japan and so become the world’s second highest investor in R&D after the United States, according to OECD projections based on recent trends.

OECD provides guidance for assessment of corporate governance rules and practices

04-Dec-2006

The OECD has taken an important step to reinforce the role of its Principles of Corporate Governance as a global standard by issuing guidance for users in assessing their implementation. The Principles, agreed by governments in 1999 and revised in 2004, are designed to maintain public trust in companies and stock markets.

OECD Review of Greek Development Assistance Programmes 

30-Nov-2006

The OECD’s Development Assistance Committee commends both the Greek government’s move to strengthen its aid policies and development co-operation system and its humanitarian assistance to victims of the 2004 Indian Ocean tsunami.

Cities: A Challenge for National and Global Economies

30-Nov-2006

Cities are home to more than half the people living in OECD countries and almost 50 percent of the output and jobs of many nations is found in their largest city. Though most cities have higher economic growth, foreign investment and labour productivity than the rest of the country, they are also more polluted, crime-ridden and socially disparate.

World economy facing rebalancing of growth, says Economic Outlook

28-Nov-2006

The world economy is facing a rebalancing of growth rather than a slowdown, according to the latest Economic Outlook. In the US and Japan the slowing pace of activity should remain well contained while a solid upswing may now be underway in the euro area.

Economic Survey of Russia

27-Nov-2006

Russia has been enjoying a period of robust growth, thanks largely to steadily rising terms of trade. The challenge for policy-makers is to facilitate Russia’s transition into a period of self-sustaining, investment- and innovation-led growth.

Economic Survey of Brazil

24-Nov-2006

Despite progress in macroeconomic stability, Brazil's GDP growth needs to rise to close the income gap relative to the OECD. This will require consolidating macroeconomic adjustment, boosting business innovation and improve formal labour utilisation.

The OECD urges the Czech Republic to introduce liability of legal persons for foreign bribery in order to meet the requirements of the OECD Convention

23-Nov-2006

The Czech Republic needs to establish liability against legal persons for foreign bribery without delay and put in place sanctions that are effective, proportionate and dissuasive, according to a report by the OECD’s Working Group on Bribery.

Mexico’s farm and fisheries policies show good progress but further reforms needed - OECD report

22-Nov-2006

Mexico’s recent agricultural reforms have made policies fairer and reduced market distortions, according to a new OECD report. But it warns that some initiatives are heading in the wrong direction. The Target Income programme to provide support to farmers is ineffective at relieving rural poverty while energy subsidies lead to over-exploitation of natural resources.

Governments should do more to help SMEs expand abroad

10-Nov-2006

Participants at a two-day OECD-APEC conference in Athens agreed that governments should play a more active role in helping small and medium-sized firms trying to expand abroad and provide training in key areas such as marketing and intellectual property.




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