The Russian economy is recovering, but faster modernisation needed, OECD says

The Russian Federation must further modernise its economy to meet long-term development and income inequality challenges, according to the OECD. A combination of sound macroeconomic management, improved business climate, effective social policies and greater energy efficiency is required.

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• ОЭСР: экономика России восстанавливается, но процесс модернизации необходимо ускорить

OECD Steel Committee signals growing uncertainty over industry outlook

The outlook for the global steel market has become more uncertain, according to industry and government officials at the OECD’s Steel Committee meeting in Paris on 5-6 2011 . Policies to support open markets for raw materials are key, they said.

Environment: Climate change aid up to USD 22.9 billion in 2010, says OECD’s Gurría

New data show that the member countries of the OECD Development Assistance Committee (DAC) allocated up to USD 22.9 billion, or 15% of total official development assistance (ODA), to climate change mitigation and adaptation in developing countries in 2010.

OECD’s Gurría welcomes Italian government measures to strengthen public finances

OECD Secretary-General Angel Gurría has welcomed the measures adopted by the Italian government to address fiscal sustainability while boosting growth and equity.

Society: Governments must tackle record gap between rich and poor, says OECD

The gap between rich and poor in OECD countries has reached its highest level for over over 30 years, and governments must act quickly to tackle inequality, according to a new OECD report.

Czech Republic should further develop its framework programme for preschool education, says OECD

The Czech Republic should build on the strengths of its preschool education framework to further enhance the quality of its early childhood education and care services, according to a new OECD report.

Internet economy: wireless subscribers drive broadband growth, says OECD

Demand from new wireless subscribers is driving growth in high-speed Internet in OECD countries but the latest data show a slowdown in fixed broadband subscriptions in the first half of 2011.

Environment: Transforming the energy sector to deliver greener growth

Rising global energy demand and the need to drastically cut carbon dioxide (CO2) emissions require a transformation in the way we produce, deliver and consume energy, according to a new joint report from the OECD and IEA.

International trade statistics: trends in third quarter 2011

Total imports of G7 and BRICS countries contracted by 1% in the third quarter, compared to 4.2% growth in the previous quarter.

Tax revenues stabilise in OECD countries in 2010

OECD countries acknowledge that taxes must play a role in the process of fiscal consolidation as they battle unprecedented budget deficits. In 2010, the majority of OECD governments have stabilised their tax to GDP, with the average ratio moving up slightly from 33.8% in 2009 to 33.9% in 2010.