Tag: Organisation for Economic Co-operation and Development (OECD)

• Tuesday, November 29th 2016 - 08:21 UTC

  OECD optimistic about global growth; anticipates strong performance of Argentine economy next year

  

  Fiscal initiatives could boost global economic growth, the Organization for Economic Cooperation and Development (OECD) said Monday in its semi-annual economic forecast. The Paris-based think tank predicted a global gross domestic product (GPD) growth rate of 3.3% in 2017, a figure that remained unchanged from its last outlook released in June.

• Friday, July 29th 2016 - 13:40 UTC

  Kuczynski pledges to modernize Peru and a “social revolution” to fight poverty, racism and corruption

  

  Pedro Pablo Kuczynski took office as Peru's president on Thursday, asking the opposition-controlled Congress to help him fight income inequality and ensure all Peruvians have access to running water, health care and free primary education.

• Tuesday, July 5th 2016 - 07:21 UTC

  OECD-FAO forecasts agriculture prices will remain relatively flat overall in next decade

  

  The recent period of high agricultural commodity prices is most likely over, say the OECD and FAO in their latest 10-year Outlook. But the two organizations warn of the need to be vigilant as the probability of a major price swing remains high.

• Tuesday, November 10th 2015 - 06:17 UTC

  OECD lowers global growth estimate; sharp downturn in emerging markets

  

  A further sharp downturn in emerging market economies and world trade has weakened global growth to around 2.9% this year – well below its long-term average – and is a source of uncertainty for near-term prospects, the Organization for Economic Co-operation and Development (OECD) said on Monday.

• Saturday, October 24th 2015 - 09:11 UTC

  Wealthy nations expenditure on its farmers far outstrips global food aid

  

  Wealthy nations spend 20 times more on farm subsidies than the US$12 billion they allocate to food aid and support for poor farmers annually, John McArthur, a senior fellow with the Brookings Institution, the think-tank which led the new research, said.

• Tuesday, October 13th 2015 - 07:26 UTC

  The 'big three' credit rating agencies questioned by UN for their 'subjectivity'

  

  Credit ratings agencies have been questioned by the United Nations Conference on Trade and Development (UNCTAD), who says they favor countries with a certain ideological bent.

• Friday, July 10th 2015 - 08:07 UTC

  Long term unemployed or low-paid becoming a major challenge for developed countries

  

  The financial crisis dealt a blow to the jobs and future prospects of many workers around the world, particularly in Europe. But while unemployment in Europe is now falling for the most part, deeper technological change is making it harder than ever for people to get out of the long-term unemployment or low-paid, insecure jobs they were plunged into by the crash, according to a new report by the Organization for Economic Co-operation and Development.

• Tuesday, June 9th 2015 - 07:49 UTC

  Argentina is paradise: poverty below 5% rate Cristina Fernandez tells the world

  

  Argentine President Cristina Fernández sparked controversy on Sunday when in a speech before the FAO conference in Rome, she endorsed widely disputed government figures on poverty, saying the rate was “below five percent,” adding that destitution in the country stood at 1.27%. If this was correct Argentina's poverty rate is below that of OECD rich league members.

• Wednesday, May 13th 2015 - 07:46 UTC

  Asian countries in top five spots of OECD global schooling performance

  

  The biggest global school rankings have been published, with Asian countries in the top five spots and African countries at the bottom. Singapore heads the table, followed by Hong Kong, with Ghana at the bottom. The UK is in 20th place, among higher achieving European countries, with the US in 28th.

• Friday, December 5th 2014 - 06:14 UTC

  ECB steps up plans for more stimulus measures to revitalize Euro-economy

  

  The European Central Bank (ECB) has “stepped up” plans for more stimulus measures aimed at revitalizing the Euro-zone economy, bank president Mario Draghi said on Thursday. His comments came after the ECB held interest rates at 0.05%.