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All countries need to trade, with their neighbours and globally, to sustain long-term economic growth. Some low-income countries lack the instutitions, infrastructure to benefit from open markets and lift their people out of poverty.
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Many developing countries took measures in the face of high international agricultural commodity prices from 2006 to 2008, while an international response focused on emergency relief and renewed investment in agricultural development. This paper examines these two approaches.
Following the 108th Participants Meeting, the Participants to the Arrangement on Officially Supported Export Credits have agreed to some modifications to the rules of the Arrangement. It replaces Annex II of the Arrangement on Officially Supported Export Credits and is effective from 1 July 2009.
Following the 108th Participants Meeting, the Participants to the Arrangement on Officially Supported Export Credits have agreed to some modifications to the rules of the Arrangement. It is the Annex IV to the Arrangement on Officially Supported Export Credits and which is effective from 1 July 2009.
The Participants to the Arrangement on Officially Supported Export Credits have agreed to review the Sector Understanding in a 2 stage approach
The current economic crisis has exposed the deficiencies of economic global governance and the risk of having a highly integrated global economy with fragmented global economic decision-making and regulation. To improve our impact, we do need stronger, more inclusive and better coordinated international organisations, warned the OECD Secretary-General.
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The following table shows the number and value of renewable energy and water projects prior notified under Annex IV of the Arrangement on Officially Supported Export Credits for the period July 2005 to December 2008.
With the global economic crisis, governments are now focused on restoring national economic and employment growth and financial stability which also poses risks for freedom of investment.
In his speech delivered at the 2009 BIAC Business Roundtable, Mr. Gurría underlined that the OECD was working hard to help countries design better and more reliable policies to underpin the credibility of a stronger and more accountable global economy. But he warned that a new economic system can only work if it’s based on a more responsible business culture that can reconcile profit-making with reducing inequalities, fostering
With world trade volumes likely to shrink by as much as 13 percent in 2009 from 2008 levels, the OECD is urging governments to avoid protectionist measures and keep markets open in order to allow economies to benefit from the recovery when it comes.