The decision of the OECD Council in 2013 to invite Latvia to begin the process of joining the Organisation is a strong statement by OECD countries. It shows their confidence in the strategic directions, achievements and capabilities of the Latvian government. It is a message which will be translated into more and better investments in Latvia; more and better jobs for Latvians; said OECD Secretary-General.
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The typical teacher in lower secondary education in Latvia is a 47 year old woman, who reports having 22 years of teaching experience and who completed a teacher education or training programme. Teachers in Latvia report spending 84% of their lesson time on actual teaching and learning, and 90% teachers report overall satisfaction with their job.
The Global Forum is charged with in-depth monitoring and peer review of the implementation of the international standards of transparency and exchange of information for tax purposes. Phase 1 reviews assess the quality of a jurisdiction’s legal and regulatory framework for the exchange of information, while Phase 2 reviews look at the practical implementation of that framework.
In 2012, international tourists in Latvia spent a total of LVL 383.6 million (EUR 545.8 million), an increase of 1.1% on 2011. Tourism is considered one of the country’s prime economic development opportunities, an important source of export revenue, and a key contributor to GDP.
Latvia has taken an important first step in accession discussions with the OECD by delivering an Initial Memorandum
This publication compiles the material developed and discussed at a conference on the economic impact of emigration jointly organised by the OECD and the Latvian Ministry of Foreign Affairs on 17 December 2012.
The Baltic countries have experienced sustained emigration over the past decade, contributing to population decline and a loss of working-age population. The impact of this emigration is felt strongly in the labour market, the general economy and in social developments. How can countries deal with the impact of high levels of emigration?
Since taking office in 2009, Prime Minister Dombrovskis has drawn on his considerable experience as an economist and former Finance Minister to lead his country in its recovery from the effects of the global financial crisis. And we are glad to note that this hard work is already beginning to pay off.
Latvia considers membership in the OECD as an opportunity for further enhancing structural reforms, implementing social and economic policies, improving services to its citizens and learning from on-going reforms in other countries. Simultaneously, Latvia regards membership in the OECD as a matter of strategic importance due to the opportunities of participation in the global economic agenda and share the experience and best practices.
The Prime Minister of Latvia, Mr. Valdis Dombrovskis, visited the OECD on 12 November and delivered a special address to the members of the Council following the decision to open accession discussions reached at the last OECD Ministerial Council Meeting, in May 2013.