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Tax revenues in Latin American countries continue to rise but are lower as a proportion of their national incomes than in most OECD countries. Revenue Statistics in Latin America 2012 shows that Argentina and Brazil have the highest tax revenue to GDP ratio, while Guatemala and Dominican Republic stand at the lower end.
OECD Secretary-General Angel Gurría strongly supports President François Hollande’s recently announced measures to revitalise the French economy and set it on a path towards stronger growth.
The OECD has appointed a former Portuguese economy minister and a high-level German government official to top leadership posts in the Economics Department, reinforcing its commitment to identifying and promoting policies that improve countries’ long-term economic performance.
The OECD’s latest Economic Survey of Denmark, to be published on Monday 20 January 2014, assesses the country’s gradual recovery from the global economic crisis as well as the need for further structural reforms to boost productivity growth and maintain high levels of well-being among its population.
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.