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The tax-to-GDP ratio in the United States increased by 1.2 percentage points, from 25.9% in 2016 to 27.1% in 2017. The corresponding figures for the OECD average were an increase of 0.2 percentage points from 34.0% to 34.2% over the same period.
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Resistance proportions for eight antibiotic-bacterium pairs in the United States have increased in recent years, from 20% in 2005 to 23% in 2015, and could go up to 25% by 2030, should current trends in antibiotic consumption, population and economic growth continue into the future. Resistance proportions in the United States were higher than the OECD average in 2015 (17%).
OECD Secretary-General Angel Gurría has welcomed the announcement of a new, modernised United States-Mexico-Canada Agreement.
I am delighted to be here this evening to kick off the launch of the joint OECD, World Bank and UN Environment initiative Financing Climate Futures: Rethinking Infrastructure.
We are brought together today by a fundamental recognition: all countries are in a process of continuous development; all are working to address structural challenges and many are struggling to achieve the necessary development outcomes. To deliver on the 2030 Agenda for Sustainable Development we need to acknowledge and comprehend this reality.
Mr. Angel Gurría, Secretary-General of the OECD, will be in New York from 24 to 26 September 2018 to attend the high-level week of the United Nations General Assembly (UNGA).
These country profiles focus on countries' domestic legislation regarding key transfer pricing principles, including the arm's length principle, transfer pricing methods, comparability analysis, intangible property, intra-group services, cost contribution agreements, transfer pricing documentation, administrative approaches to avoiding and resolving disputes, safe harbours and other implementation measures.
Angel Gurría, OECD Secretary-General, welcomes the positive outcome of the trade negotiations, carried out by the representatives of Mexico and the United States, which will be joined by Canada shortly.
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These graphs offer a brief summary of the commodity trade situation in the country.