Business spending on research and development has been hit hard by the economic crisis, with nearly all OECD countries seeing a fall in investment which could impact innovation and long-term growth, according to a new OECD report.
Government support to agriculture in OECD countries fell to 19% of total farm receipts in 2011, a record low driven by developments in international commodity markets, rather than by explicit policy changes, according to the report Agricultural Policy: Monitoring and Evaluation 2012.
OECD Secretary-General Angel Gurría and Italian Prime Minister Mario Monti will address a major conference on structural reform in Italy on Monday 24 September at the Sala Polifunzionale of the Presidenza del Consiglio in Rome.
Launch of the Economic Survey of Indonesia and Review of Regulatory Reforms
Pension fund assets in OECD countries hit a record USD 20.1 trillion in 2011 but return on investment fell below zero, with an average negative return of -1.7%s, according to the OECD’s latest Pension Markets in Focus. The report says that weak equity markets and low interest rates drove the poor performance.
L'Italia ha fatto enormi sforzi per accelerare le riforme economiche che dovevano essere attuate da lungo tempo, ma è oggi essenziale proseguire su questa via, ha affermato oggi il Segretario Generale dell'OCSE, Angel Gurría.
Italy has made a major effort to speed up long-overdue economic reforms but it is now essential to maintain the momentum, OECD Secretary-General Angel Gurría said today in Rome.
Indonesia has improved its macro-economic and structural policies over the last 15 years. Its economy, with strong and stable growth rates of 5–6.6%, is catching up with other countries in the region and allowing Indonesia to focus on its development agenda.
Cyber attacks on business, governments and infrastructure are rising fast, costing the global economy billions of dollars each year. Boosting international co-operation to strengthen internet governance and ensure the continuing free flow of information over the Internet is essential.
OECD Secretary-General Angel Gurría welcomes the Spanish government's budget and the economic policy measures announced yesterday.
