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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OECD welcomes Monaco pledge on exchange of information in tax matters

OECD Secretary-General Angel Gurría welcomed an announcement by Monaco that it is prepared to enter into agreements for the exchange of information in all tax matters in accordance with international standards developed by the OECD and recognised by the United Nations.

OECD Regions at a Glance: measures of national and regional competitiveness

There is wide economic disparity between regions within OECD countries, with some leading national economies and others falling behind. As governments work to grow their economies, they should examine the role that boosting all regions can play in this effort.

Economic crisis threatens China’s rural strategy, says OECD

China should speed up investment in rural services and infrastructure and create jobs in non-agricultural sectors for returning migrants, according to a new OECD report. This will help offset the fast-rising impact of the economic slowdown on the rural economy.