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On the occasion of his first official visit to India, OECD Secretary-General Angel Gurría launched the Investment Policy Review of India on 4 December.
India needs to strengthen and liberalise its regulatory framework and invest more in infrastructure in order to attract increased foreign direct investment (FDI), according to a new OECD report.
The OECD has established a set of key principles to guide financial policy makers as they look to fundamental reform that will achieve strong, resilient financial systems that play their part in driving economic growth.
At the OECD-India Symposium, M. Gurría explained that the recovery in India should continue to gain momentum and growth exceed 6% in the current fiscal year. In 2010, growth should rise above 7%, which is amongst the fastest projected growth rates globally.
Pier Carlo Padoan has been appointed Chief Economist of the OECD. Mr. Padoan will maintain his status of Deputy Secretary-General which he has held since joining the OECD in June 2007.
The OECD will host a high-level roundtable debate entitled “Foreign Bribery: Who Pays the Price?” on Wednesday 9 December 2009, International Anti-Corruption Day.
América Latina está mostrando signos de recuperación y estabilización en su conjunto. La actividad económica se está apoyando en una mejora de las condiciones financieras globales y de los mercados de materias primas, así como en la recuperación de las exportaciones.
El año 2010 será un “año de recuperación” crítico para América Latina y las decisiones que se tomen en esta fase serán cruciales para determinar el futuro de estos países, segun el Secretario General de la OCDE.
A América Latina em conjunto está dando sinais de recuperação e estabilização. As atividades econômicas estão sendo apoiadas com melhoramentos nos mercados financeiros e de commodities, e também com as exportações em franca recuperação.
Latin America as a whole is showing signs of recovery and stabilization. Economic activity is helped by improving conditions in global financial and commodity markets, as well as recovering exports.