OECD Home › Newsroom › Publications & Documents › By Date
G20 Leaders today endorsed an OECD-launched initiative to encourage the flow of institutional investment towards longer-term assets, such as infrastructure and renewable energy projects, in order to strengthen the global economy.
The financial crisis has shown that many people need to have a better understanding of the financial issues in order to make informed decisions on matters such as savings, investments, pensions and credit, according to a report to be presented to G20 leaders in Saint Petersburg this week.
What: A new OECD report, The Competitiveness of Global Port-Cities; Synthesis Report, outlines the role of ports in urban and national economies. The report provides policy recommendations to increase the positive economic impacts and mitigate negative impacts related to environment, land use and traffic congestion.
A moderate recovery is underway in the major advanced economies, according to the OECD’s latest Interim Economic Assessment. Growth is proceeding at encouraging rates in North America, Japan and the UK. The euro area as a whole is out of recession, although output remains weak in a number of countries.
Water shortages and floods illustrate the risks posed by too little, or too much, water. By 2050 more than 40% of the world’s population will live under severe water stress and nearly 20% could be exposed to floods.
OECD media briefings at G20 Leaders’ Summit in Saint Petersburg
China signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters at a ceremony today at the OECD. All G20 countries have now fulfilled the commitment they made at the Cannes G20 Summit to sign the Convention and move towards automatic exchange of information as the new, global standard.
The OECD will present its Interim Assessment of the major economies, including near-term projections for G7 countries and China, at 11:00 a.m. Paris time (09:00 GMT) on Tuesday 3 September 2013.
Climate change combined with rapid population increases, economic growth and land subsidence could lead to a more than 9-fold increase in the global risk of floods in large port cities between now and 2050.
William C. Danvers has been appointed Deputy Secretary-General of the OECD. He will take up his functions early in September.