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News & Events
News
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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.
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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.
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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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10-Jul-2006
The OECD is inviting public comment on draft guidelines to help governments and regulators improve the way certain types of pension funds are run in order to make workers’ pensions more secure.
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05-Jul-2006
Economic growth is likely to be lower in the long term than in recent decades. Fiscal consolidation and pension reform are needed to put public finances on a sustainable path. Reforms to increase labour utilisation and upgrade skills are also needed.
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05-Jul-2006
Russia needs to do more to attract foreign direct investment (FDI), in the wake of its weekend move to make the rouble fully convertible, with a view to strengthening its economy and reducing its reliance on oil and gas revenues, according to OECD analysts.
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29-Jun-2006
Japan should do more to investigate and prosecute foreign bribery cases as part of its obligations as a signatory of the OECD Convention on Combating the Bribery of Foreign Public Officials in International Business Transactions, according to a report by the OECD Working Group on Bribery.
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28-Jun-2006
Poland’s growth performance since 2004 suggests that the process of catch-up with higher-income countries has been renewed. But an improved balance of macroeconomic policies and further efforts to improve structural policies are needed to sustain and accelerate convergence.
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28-Jun-2006
Foreign direct investment (FDI) into OECD countries jumped 27% to reach USD 622 billion in 2005, up from USD 491 billion in 2004 and USD 465 billion in 2003, according to the latest estimates from the OECD.
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