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OECD GDP growth rate stable at 0.6% in fourth quarter of 2013
This year’s report identifies and assesses progress that countries have made on key reforms to help their economies rebound from the global economic crisis, boost long-term growth, improve competitiveness and productivity and create jobs.
Offshore tax evasion remains a serious problem for countries and jurisdictions worldwide, with vast amounts of funds deposited abroad and sheltered from taxation when taxpayers fail to comply with obligations in their home countries.
Finland’s economy is gradually picking up, but uncertainty surrounds the recovery. Determined action to implement structural reforms is needed to revive economic growth, restore competitiveness and preserve high standards of living and well-being, according to the OECD’s latest Economic Survey of Finland.
OECD Secretary-General Angel Gurría and finance ministers from some of the countries hit hardest by the crisis will discuss what action is needed to ensure a more dynamic and resilient Euro Area in the years ahead.
OECD unemployment rate falls to 7.6% in December 2013
Extreme volatility during the global financial crisis complicated economic forecasting, leading to large errors that underline the need for better modelling methods and new approaches for making and presenting projections.
Switzerland provided USD 3 billion in official development assistance (ODA) in 2012, or 0.45% of its gross national income (GNI), in line with its goal to reach 0.5% of GNI by 2015.
Mental health issues cost the UK around GBP 70 billion every year, or roughly 4.5% of GDP, in lost productivity at work, benefit payments and health care expenditure.
Composite leading indicators continue to point to an improving economic outlook in most advanced economies