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Chile should invest more in employment and active social policies in order to reduce its high levels of income inequality and poverty, according to a new OECD report.
The OECD welcomed today the formal endorsement by Uruguay of its tax information exchange standards.
Education has been a persistent priority of Chile since the early 1990s. The government’s firm commitment to access and equity has led to ever-increasing numbers of young people entering tertiary education, posing challenges for both its financing and quality.
Following the G20 meeting and communiqué, the OECD has provided a detailed report on progress by financial centres around the world towards implementation of an internationally agreed standard on exchange of information for tax purposes.
The Cayman Islands has signed bilateral agreements with seven Nordic economies - Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden - on exchange of information for tax purposes.
Ministers responsible for regional development met at OECD to discuss the serious impact of the financial crisis on urban and rural regions and suggest ways to stimulate the economy.
Teenagers in OECD countries are mostly well aware of environmental issues but often know little about their causes, raising questions about how well societies will be equipped to tackle such challenges in the future, according to a new OECD publication.
Countries participating in a “Freedom of Investment” initiative, which together represent four fifths of the world economy, have pledged to resist discriminatory policies and new forms of protectionism towards investment.
In 2008, total net official development assistance (ODA) from members of the OECD’s Development Assistance Committee (DAC) rose by 10.2% in real terms to USD 119.8 billion. This is the highest dollar figure ever recorded. It represents 0.30% of members’ combined gross national income.
“Governments need to take quick and decisive action to avoid the financial crisis becoming a fully-blown social crisis with scarring effects on vulnerable workers and low income households,” OECD Secretary-General Angel Gurría told G8 Labour and Employment Ministers in Rome today.