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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.
The OECD today invited Colombia to join its Working Group on Bribery and to accede to the Anti-Bribery Convention. OECD Deputy Secretary-General Richard Boucher signed an exchange of letters with Colombian President Juan Manuel Santos.
To help governments meet this challenge, the OECD and the World Bank/UNODC Stolen Asset Recovery Initiative (StAR) released today a new study on the Identification and Quantification of the Proceeds of Bribery.
According to OECD’s latest analysis, global greenhouse gas emissions are projected to grow by another 50% in the next 40 years. This would result in a 3-6 degree increase of average global temperature by the end of the century unless governments take decisive action, says OECD Secretary-General.
Though overall medical care is improving, efforts to prevent and better manage chronic diseases such as diabetes and asthma would improve results and lower costs, according to the OECD’s latest edition of Health at a Glance.
The OECD has launched an initiative with the Japanese Ministry of Education, Science and Technology, Fukushima University and local schools for students in the Tohoku region to create and organise an event that will showcase the country’s recovery from the 2011 Great East Japan earthquake.
The Czech economy’s export-driven recovery is slowing as weak activity Europe curbs exports. Swift implementation of new reforms is needed to ensure sustainable, inclusive long-term growth and better resilience to external shocks, according to the latest Economic Survey of the Czech Republic.
Composite leading indicators (CLIs) for September 2011 continue pointing to a slowdown in economic activity in most OECD countries and major non-member economies.
As the Slovak Republic strives to increase productivity and competitiveness in the recovery from the financial crisis, the OECD Environmental Performance Review of the Slovak Republic recommends that it strengthen environmental policies.
In recent years Israel has strengthened its environmental policies and now should develop a green growth plan that combines environmental, economic and social policies.