Though the economic crisis has forced Spain to cut public spending in the past year, including to development co-operation, its aid has almost doubled since 2003. Spain still has plans to meet the international target of committing 0.7% of its gross national income to development aid.
Switzerland has made a broadly balanced recovery from the economic crisis, but slower activity in Europe and pressures on the Swiss franc weigh on the near-term outlook, according to the latest Economic Survey of Switzerland.
Asia’s pension systems need modernising urgently to deliver secure, sustainable and adequate retirement incomes for today’s workers in the context of the rapid population ageing that will occur over the next two decades, according to a new OECD report.
Increased domestic resource mobilization is widely accepted as crucial for countries to successfully meet the challenges of development and achieve higher living standards for all their people.
India has signed the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement which promotes international co-operation while respecting the rights of taxpayers.
Mexico should quickly reform the laws and regulations governing its telecommunications sector to boost competition and investment and drive growth across the economy, according to a new OECD report.
Italy has embarked on an ambitious, much needed reform programme to strengthen its public finances, to restore growth and to improve the competitiveness of the Italian economy.
OECD Secretary-General Angel Gurría said Spain’s comprehensive reform programme is a major step forward in strengthening the country’s banking system and its public finances, as well as creating a more dynamic labour market.
Composite leading indicators (CLIs) point to a positive change in momentum for the OECD as a whole, driven primarily by the United States and Japan, but similar signs are beginning to emerge in a number of other developed economies.
Labour market integration of immigrants in Switzerland is generally successful: three quarters of immigrants in Switzerland are in employment – more than in any other OECD country
