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OECD Economic Survey of the Euro area – news conference Wednesday 14 January 2009

on 14-Jan-2009

Strengthening the financial system in the wake of the current crisis is one of the key challenges discussed in OECD’s latest economic survey of the Euro area. Secretary-General Angel Gurría will present the report on Wednesday 14 January 2009 at 10.30 a.m. in Paris.

Asian countries should reform their pension systems, says OECD

07-Jan-2009

Many Asian countries will need to reform their pension systems in order to deliver sustainable and adequate retirement incomes for today’s workers, according to a new OECD report.

Tough year ahead for IT industry, warns OECD

22-Dec-2008

The economic downturn will hit the Internet economy hard in 2009, according to the latest available OECD estimates. The IT Outlook 2008 says that the IT industry is likely to have grown by 4% at most in 2008 compared to the previous year. But with the outlook for the global economy worsening and business and consumer confidence plumetting, growth will remain flat or decline in 2009.

OECD’s annual ministerial meeting to be held in Paris on 24-25 June 2009

from 24-Jun-2009 to 25-Jun-2009

OECD’s 30 member countries will hold their annual Ministerial Council Meeting in Paris on 24-25 June 2009 under the chairmanship of Korean Prime Minister Seung Soo Han. This is the first time that Korea, which joined OECD in 1996, will chair an OECD Ministerial Council Meeting.

Japan could do more to help young people find stable jobs

18-Dec-2008

Young people in Japan are finding it increasingly hard to get permanent jobs and the Japanese authorities should expand vocational training schemes and increase social security coverage for young non-regular workers in order to help them.

Australia reforms aid programme

18-Dec-2008

Australia has made substantial, positive changes to its aid programme since 2004, reinforcing its focus on reducing poverty, on promoting the MDGs, and completely untying its aid programme. Its aid volume was USD 2.67 billion in 2007, representing 0.32% of its gross national income (GNI). Australia has committed to contributing 0.5% of its GNI to official development assistance (ODA) by 2015/16.

 

Economic Survey of Korea 2008

17-Dec-2008

Korea has been hard-hit by the global financial crisis. In addition, it faces a number of medium-term challenges to sustaining growth, notably tax reform, enhancing service sector productivity and reforming the labour market and education system.

Short-term outlook for steel demand exceptionally weak, say industry experts

16-Dec-2008

The global economic downturn is having a severe impact on the steel sector, according to government and industry representatives meeting at a joint OECD Steel Committee/ World Steel Association workshop in Kuala Lumpur. Steel demand, production, and prices have plummeted, major layoffs have been announced, and demand for key raw materials such as iron ore, ferrous scrap, and coal has declined sharply, said OECD Steel Committee Chairman Risaburo Nezu.

Turkey does well in forestation but faces big environmental challenges

16-Dec-2008

Turkey compares well with other OECD countries in terms of biodiversity and its relatively low level of greenhouse gas emissions per head of population, but it faces significant future environmental challenges due to unsustainable patterns of production and consumption.

Ireland should improve its anti-corruption laws, including on corporate liability

16-Dec-2008

Ireland should urgently expand corporate liability for acts of foreign bribery, according to a review of Ireland’s enforcement of the OECD Anti-Bribery Convention.

See more news and events… Top of page

Financial crisis: Save our savings

Amid the worst current financial crisis since the 1930s, EU leaders have pledged to protect savers’ deposits. Already most OECD countries have explicit deposit insurance schemes for savings up to certain limits. In a number of countries these have now been raised temporarily.

Click here to see how countries compare.
How did the financial crisis turn into a global economic downturn?