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Governments and taxpayers spent about half a trillion dollars last year supporting the production and consumption of fossil fuels. Removing inefficient subsidies would raise national revenues and reduce greenhouse-gas emissions, according to OECD and IEA analyses.
Government support to agriculture in OECD countries fell to 18% of total farm receipts in 2010, a record low linked to high commodity prices, but has been rising in large emerging economies, according to a new OECD report.
Rules on the minimum premium for officially supported export credits.
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Challenges with respect to trade and jobs – and the interface between the two issue areas – remain near the top of policy agendas for OECD members and partner countries around the world. Globalisation has been a critical force driving increased economic integration and structural change, resulting in greater employment opportunities and welfare, but also creating adjustment difficulties including in the labour market. Through its deep
How will emerging economies influence global trade and investment? Journalist Narayan Lakshman (The Hindu, India) moderates this OECD Forum 2011 session featuring EU Trade Commissioner Karel De Gucht, UK trade minister Lord Green, and others.
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Globalisation, technology and international development are transforming world trade. The OECD Trade Committee will support trade policy makers in sharing the benefits of open trade through analysis, policy advice and close engagement with emerging economies.
Summaries of Meetings of the Working Party on Export Credits and Credit Guarantees.
"The ability of the participants to design, negotiate and conclude such a thorough, market-driven agreement in less than a year is remarkable. It is testimony to the power of the multilateral cooperation that continues to drive OECD work 50 years after its creation.", M. Gurría declared.
The G20 helped steer the world through the worst of the economic storm; now it must show it can set in motion a new governance for the post-crisis world. That's a task our organisation stands ready to help with, says the OECD's G20 Sherpa, Gabriela Ramos.
Surging food and commodity prices are undermining efforts to tackle global poverty and hunger and threaten economic growth, said OECD Secretary-General Angel Gurría.