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U.S. President Barack Obama’s plan to separate core commercial banking from some higher-risk activities in financial conglomerates and to place a moratorium on further consolidation could help to avoid a new financial crisis by resolving some major risks inherent to the current financial system.
The US should raise significantly federal funding on jobs programmes for young people in order to limit the impact of the economic downturn on the current generation of school leavers, according to a new OECD report.
OECD Secretary-General Angel Gurría hailed the Nobel committee’s decision to award its annual Peace Prize to U.S. President Barack Obama, calling it “a powerful vote for peace and co-operation between nations”.
Secretary-General Gurría called for the need to agree on common international targets in areas such as innovation and green growth predicting "they could become the overarching umbrella for the G20 Framework’s structural agenda".Gurria's remarks to G20 leaders reflected the fact that the focus on structural policies will constitute the principal element of the OECD's contribution to future work on the G20 Framework Strong, Sustainable
Switzerland has signed a protocol to its tax treaty with the United States that incorporates the internationally agreed tax information standard.
This is the 11th agreement for the exchange of information in tax matters signed by Switzerland that meets the OECD standard. The agreement with the United States continues the trend of agreements signed by Switzerland with its major economic partners. Of its 11 agreements, 10 are with OECD
The OECD has appointed Jill A. Schuker, a former Clinton and Carter Administration official who also has worked on Capitol Hill, in state government and in the private sector, as the new Head of its Washington Centre.
Governments should invest more money on children in the first six years of their lives to reduce social inequality and help all children, especially the most vulnerable, have happier lives, according to the OECD’s first ever report on child well-being in its 30 member countries.
The economic crisis is likely to cause the first major fall in the number of migrants coming to work in OECD countries since the 1980s, according to a new OECD report.
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A three-day international workshop on innovation and the global impact of high-growth small and medium-sized firms (SMEs), organized by OECD with the Kauffman Foundation in Kansas City, hailed entrepreneurship and the fast growth of innovative small firms as the engines of economic growth.
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The United States regained its status in 2001 as the largest donor in the OECD's Development Assistance Committee (DAC) in terms of volume. Its net official development assistance (ODA) was USD 10.9 billion, about one-fifth of the DAC total. This...