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The Russian Federation’s economy is growing, but further reforms are needed to bolster future growth, improve the business climate and strengthen innovation, according to the OECD.
Stockbuilding main driver of OECD GDP growth in the third quarter of 2013
OECD unemployment rate falls to 7.8% in November 2013.
Norway gave USD 4.8 billion in official development assistance (ODA) in 2012, or 0.93 percent of its gross national income (GNI). That made it the third most-generous member in terms of its ODA/GNI ratio of the OECD’s Development Assistance Committee (DAC), which groups major donors.
Composite leading indicators point to an improving economic outlook in most advanced economies
New international rules on state financing of rail exports will boost the development of cleaner transportation infrastructure and help countries meet green growth objectives, the OECD said.
OECD annual inflation picks up to 1.5% in November 2013. This increase in the annual rate of inflation was mainly driven by energy prices which increased by 0.1% in the year to November, compared with a decrease of 1.3% in the year to October.
The OECD will launch its latest Economic Survey of the Russian Federation in Moscow on Wednesday 15 January 2014 during the annual Gaidar Forum.
OECD Unit labour costs stable in the third quarter of 2013
Ireland should increase its resources to detect and investigate foreign bribery more efficiently. Resources have, in recent years, been largely devoted to investigating non-bribery cases in the financial sector. Ireland has not prosecuted a foreign bribery case in the twelve years since its foreign bribery offence came into force, and law enforcement has taken few proactive steps to investigate allegations.