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Quarterly Gross Domestic Product (GDP) in the G20 area grew 0.8% in the first quarter of 2012 compared with 0.7% in the fourth quarter of 2011, according to preliminary estimates. This small pick-up in aggregate G20 GDP growth still masks diverging patterns among the world's largest economies however.
Governments faced with growing populations and dwindling natural rescources have two choices: they can let urban sprawl continue to eat up useful land or they can plan compact cities that will be good for the economy and the environment.
Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.
The structure of a country’s external liabilities, as well as the extent and nature of its international financial integration, are key determinants of vulnerability to financial crises, according to the latest Economics Policy Paper from the OECD.
The 2012 Ministerial Council Meeting marks the fifth anniversary of the launching of Enhanced Engagement, aimed at advancing the OECD's relationship with five Key Partners, Brazil, China, India, Indonesia and South Africa. At the 2011 meeting of the OECD Council at Ministerial level (MCM), Members agreed on a Vision Statement which highlighted the priority to be given to developing new forms of partnership and collaboration with each
Rio+20 faces challenges that the Rio Earth Summit could not have foreseen: a growing gap between the rich and the poor, a global economic crisis, and some 2 billion more people by 2050 relying on the planets natural resources and the environment.
The OECD area unemployment rate was unchanged at 7.9% in April 2012, around the same rate observed since January 2011, but 2.3 percentage points higher than the level recorded four years earlier. Differences in unemployment rates across OECD countries remain large.
G20 governments under successive Presidencies have sought to improve international collaboration in support of a more productive and sustainable global food and agriculture system.
Governments will need to raise retirement ages gradually to address increasing life expectancy in order to ensure that their national pension systems are both affordable and adequate, according to a new OECD report.
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend continue to point to divergence between economies.