Maintaining aid commitments in a global crisis

Official Development Assistance (ODA) is rising, but only slowly. In 2007, the DAC members’ total net ODA was USD 103.5 billion, representing a real increase of 2% over 2006. This iswell below the rate of growth needed to meet the commitments made by DAC donor countries.

OECD welcomes G20 Declaration and offers support

OECD will support the global concerted effort to re-launch the world economy with analysis and recommendations for more effective regulation and policies for a return to sustainable growth.

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• OECD calls for Aid Pledge from donor countries
• OECD Secretary-General Gurría calls for restoring economic growth path

OECD preparing two-pillar action plan in response to crisis, says Gurría

OECD is preparing a two-pillar action plan for governments, as part of a global response to the world financial crisis, calling for tighter regulation and oversight of financial markets and improved national policies to promote economic growth.

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• OECD Secretary-General visits European institutions

New bilateral pacts enlarge network on exchange of information for tax purposes

Some 16 new bilateral agreements on exchange of information for tax purposes signed this week between OECD countries and the British Virgin Islands, Guernsey and Jersey mark an important step forward in efforts to bring greater transparency to cross-border financial transactions.

Latin America needs better taxes and better spending

Fiscal policy, says the latest Latin American Economic Outlook (LEO 2009) from the OECD’s Development Centre, can be a powerful tool for economic, political and social development in Latin America if taxes are raised efficiently and fairly.

Norway does well on vocational training but should improve the quality of apprenticeships

Norway’s vocational education and training system has many strengths: good co-operation between employers, unions and vocational authorities and high-status vocational tracks in upper secondary education.

La OCDE presentará las Perspectivas Económicas de América Latina el 28 de octubre de 2008

El Centro de Desarrollo de la OCDE publicará las más recientes "Perspectivas Económicas de América Latina 2009" el martes 28 de octubre a las 18:00 horas en San Salvador, El Salvador (13:00 horas de París, medio día GMT).

Also Available

• OECD to release Latin American Economic Outlook on 28 October 2008

OECD Group demands rapid UK action to enact adequate anti-bribery laws

The OECD’s Working Group on Bribery sharply criticised the United Kingdom’s failure to bring its anti-bribery laws into line with its international obligations under the OECD Anti-Bribery Convention and urged the rapid introduction of new legislation.

OECD to release Latin American Economic Outlook on 28 October 2008

The OECD Development Centre will publish its latest Latin American Economic Outlook 2009 on Tuesday 28 October 2008, at 06:00 El Salvador time (13:00 in Paris, noon GMT).

Also Available

• La OCDE presentará las Perspectivas Económicas de América Latina el 28 de octubre de 2008

“Whole of government” approach needed to ensure competitiveness and sustainability in tourism, says OECD

Governments need to put in place comprehensive strategies to make their tourism industries more competitive and work with industry and regional and local authorities to promote sustainable tourism development.