Chile should create more and better jobs to cut poverty and inequality, says OECD

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.

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• Chile debe crear más y mejores trabajos para reducir la pobreza y la desigualdad, afirma la OCDE

OECD welcomes Uruguay’s commitment to OECD tax information exchange standards

The OECD welcomed today the formal endorsement by Uruguay of its tax information exchange standards.

Tertiary education in Chile is ready for a second generation of reforms

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.

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• Reviews of National Policies for Education: Tertiary Education in Chile

Following G20 OECD delivers on tax pledge

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.

Cayman Islands signs tax information agreements with Nordic economies

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.

OECD Ministers call for Regional Responses to Global Crisis

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.

Many teenagers in OECD countries lack environmental science grounding, study shows

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.

Resist investment protectionism, countries meeting at OECD agree

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.

Development aid at its highest level ever in 2008

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.

Massive rise in unemployment needs fast, decisive response, says OECD’s Gurria

“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.

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• Rising informal employment will increase poverty