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Gross domestic product (GDP) in the OECD area grew by 0.4% in the fourth quarter of 2010, down from the 0.6% growth recorded in the previous quarter.
In December 2010 the OECD area unemployment rate was 8.5%, down 0.1 percentage point from November.
Composite leading indicators (CLIs) for December 2010, designed to anticipate turning points in economic activity relative to trend, continue to point to expansion in most major OECD countries.
The Chair of the OECD's Working Group on Bribery has expressed concern that the entry into force of the new Bribery Act is to be delayed.
The Global Forum on Transparency and Exchange of Information for Tax purposes, hosted by the OECD, has released ten reports which evaluate jurisdictions’ commitment to tax transparency and examine whether information is made available and accessible to foreign tax authorities.
OECD Secretary- General Angel Gurría has welcomed the pension reform plan announced by the Spanish government.
Surging food and commodity prices are undermining efforts to tackle global poverty and hunger and threaten economic growth, said OECD Secretary-General Angel Gurría.
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This report, “Reducing Systemic Cybersecurity Risks”, considers what types of cyberattacks, or combination of attacks and other large scale disruptions, hold potential for causing a global shock.
Real GDP in the OECD area grew by 0.6% in the third quarter of 2010, down from the 0.9% of the previous quarter.
Iceland must do more to ensure its law enforcement authorities are coordinated and adequately resourced to investigate and prosecute economic and financial crime, including foreign bribery, says the OECD in a new report.