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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.
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.
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.
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.
The OECD welcomed an announcement by Macao, China that it intends to implement the OECD standards on transparency and exchange of information for tax purposes.
In today’s difficult economic environment, growing political attention is being brought to bear on the issue of tax co-operation.
Im derzeit schwierigen wirtschaftlichen Umfeld ist die Zusammenarbeit in Steuersachen auf die politische Agenda gerückt. Die Staats- und Regierungschefs der G20 haben am 15. November 2008 auf ihrem Gipfeltreffen in Washington die Notwendigkeit erkannt, auf Basis der Arbeiten der OECD, energisch den Mangel an Transparenz und Informationsaustausch anzugehen.
Resisting protectionism and reviving stalled trade reforms would help the major emerging economies build on the progress achieved over the past two decades and emerge from the crisis with their trade performance strengthened, says a new OECD report.
As the global economic slowdown threatens to increase food insecurity among the world’s poor, a new OECD report calls on the major emerging economies to ensure their agricultural policies are focussed on long-term sustainability rather than short-term fixes..