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This statement outlines OECD's response to the crisis and OECD perspectives on the Development Committee agenda. It was presented at the joint World Bank-IMF Development Committee meeting in Washington on 26 April 2009 by Mr. Angel Gurria, OECD Secretary-General, and Mr. Eckhard Deutscher, Chair of the OECD Development Assistance Committee (DAC).
In the midst of the deepest and most synchronised recession in our lifetimes, OECD's Gurría encourages a policy response which addresses the social impact of the crisis and repairs the financial system.
A crackdown on tax havens and cross-border tax evasion will help developing countries to raise more revenues to pay for much-needed schools, roads and hospitals, according to OECD Secretary-General Angel Gurría.
In an article published on the OECD’s website ahead of the 2009 spring meetings in Washington of the World Bank Group and the International Monetary Fund, Mr. Gurría said improving the effectiveness of developing countries’
Thirty-five countries have agreed to co-ordinate export credit support to help boost international trade and investment during the economic crisis. The OECD will host regular meetings to exchange information and monitor progress.
As policy makers and central bankers gather in Washington for this year’s Spring Meetings of the World Bank Group and the International Monetary Fund, growing intolerance of tax evasion is good news for developing countries desperate to raise tax revenues to pay for schools, roads and hospitals. Poor people in these countries mostly don’t pay much in taxes. But they are most in need of the improvements in infrastructures and services
During Angel Gurría's official visit to the People's Republic of China he attended the International Ministerial Conference on Nuclear Energy in the 21st Century.
Young people are likely to be hit hard by rising unemployment as the global downturn continues.
Ireland’s net official development assistance (ODA) was USD 1.3 billion in 2008, a 90% increase over 2003 in real terms. Ireland’s aid grew from 0.39% of gross national income in 2003 to 0.58% in 2008 during a period of exceptional national economic growth.
Nuclear energy can play an important role in the energy mix for the 21st century. Joining forces to allow nations safe and secure access to nuclear power is critical to rise to the challenge of energy security.
Bermuda has signed 8 new tax information exchange agreements, with seven Nordic economies – Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden, and with New Zealand, bringing to 11 the number of such agreements it has entered into.