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The international community must learn from Japan’s Fukushima disaster, to improve cooperation on crisis management and the prevention of risks, according to participants in a ministerial meeting organized by France and the OECD Nuclear Energy Agency.
African countries should develop closer cross-border ties in dealing with traditional and emerging partners so they can boost sustainable and inclusive growth, according to the African Economic Outlook 2011, launched today.
Russia should increase protection of intellectual property, strengthen competition and invest more in research and development to boost innovation and entrepreneurship across its economy, according to a new OECD report.
Merchandise trade continued to grow strongly across major economies in the first quarter of 2011. Total imports of G7 and BRICS countries grew by 11% in the first quarter compared to 8.2% in the previous quarter.
Gross domestic product (GDP) in the OECD area continued to grow at a rate of 0.5% in the first quarter of 2011 despite a continued contraction in Japan and slower growth in the United States as growth in most major European economies and Canada accelerated strongly.
Consumer prices in the OECD area rose by 2.9% in the year to April 2011, compared with 2.7% in March - the highest rate since October 2008.
The Chair's Summary presents a new Vision Statement which celebrates the OECD's 50th anniversary and looks ahead to its role contributing to better policies for better lives, a new paradigm for development and moving toward a global policy network.
Ministers from OECD and developing economies will today agree new guidelines to promote more responsible international business conduct by multinational enterprises, and a second set of guidelines to limit the use of conflict minerals.
Governments must look to the green economy to find new sources of growth and jobs. They should put in place policies that tap into the innovation, investment and entrepreneurship driving the shift towards a greener economy.
The OECD and South Africa will open a centre to help African governments manage their debt and bond markets in Midrand, South Africa.