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The OECD will release Financial Market Trends No. 95 on the OECD's password-protected website at 11.00 a.m. Paris time (10.00 a.m. GMT) on Thursday 8 January 2009 for immediate release (in English only).
Young people in Japan are finding it increasingly hard to get stable jobs and the Japanese authorities should expand vocational training schemes and increase social security coverage for young non-regular workers in order to help them.
Israel has officially joined the OECD Working Group on Bribery, an important step in its accession to OECD membership. Israel becomes the 38th signatory and first Middle-Eastern country to join the OECD’s Anti-Bribery Convention.
While political will is necessary to tackle climate change, financial measures are needed to keep down the cost of action. According to Angel Gurría, "Ministers of Finance share a common responsibility to help shape cost-effective policies to respond to climate change."
A new OECD book on sustainable development will practice what it preaches by using innovative low-carbon publishing technology for sales in far-flung global markets.
Official Development Assistance (ODA) is rising, but only slowly. In 2007, the DAC members’ total net ODA was USD 103.5 billion, representing a real increase of 2% over 2006. This iswell below the rate of growth needed to meet the commitments made by DAC donor countries.
OECD will support the global concerted effort to re-launch the world economy with analysis and recommendations for more effective regulation and policies for a return to sustainable growth.
OECD is preparing a two-pillar action plan for governments, as part of a global response to the world financial crisis, calling for tighter regulation and oversight of financial markets and improved national policies to promote economic growth.
Donors should honour their aid for trade pledges to developing countries despite the economic crisis, said OECD Secretary-General Angel Gurría as he opened the OECD Policy Dialogue on Aid for Trade, held in Paris on 3 November 2008.
Some 16 new bilateral agreements on exchange of information for tax purposes signed this week between OECD countries and the British Virgin Islands, Guernsey and Jersey mark an important step forward in efforts to bring greater transparency to cross-border financial transactions.