Finance & Economics

Economic Development a Triumph of Working People in East Asia Pacific

As rapid economic development has pushed the percentage of people working in most East Asian countries to among the highest in the world, policy makers should enact labor regulations and social protection policies to benefit all workers, including...

Europe not doing enough to promote responsible soy production

we_all_play_a_role_470971_0.jpg
Soy is a major but often invisible ingredient in the products on the supermarket shelf. Some...

World Bank Supports Early Childhood Nutrition in Tajikistan

The Minister of Finance of the Republic of Tajikistan Abdusalom Kurbonov and the World Bank Country Manager for Tajikistan Marsha Olive signed a grant agreement to scale up a project that supports improving health and nutrition among children under...

OECD countries commit to work towards a climate deal for 2015

The OECD’s 34 member countries affirmed their common resolve to work towards a deal on combating climate change at the COP21 talks in Paris in 2015. OECD accession countries Colombia and Latvia joined the statement issued at the Organisation’s annual...

Statement at the Conclusion of an IMF Staff Visit to Kuwait

An International Monetary Fund (IMF) mission led by Mr. Ananthakrishnan Prasad visited Kuwait during May 4–6 to hold discussions with the authorities in preparation for the Article IV Consultation later this year.

Global economy strengthening but significant risks remain, says OECD in latest Economic Outlook

The global economy will strengthen over the coming two years, but urgent action is still required to further reduce unemployment and address other legacies from the crisis, according to the OECD’s latest Economic Outlook.

IMF Mission and Madagascar Reach Staff-level Agreement on Financial Assistance Under the Rapid Credit Facility

An International Monetary Fund (IMF) mission, headed by Mr. George Tsibouris, visited Antananarivo, Madagascar, from April 23 to May 6, 2014 and reached agreement with the Malagasy authorities on a program that could be supported by the IMF’s Rapid...

Dynamic markets in Southeast Asia need good policies for sustained competitiveness and shared growth, says OECD

The Southeast Asia region, with more than half-a-billion people, is among the fastest-growing regions in the world but levels of growth and prosperity within the region remain uneven. Good policies need to be implemented in the region to maintain...

Countries must improve resilience to disasters or face mounting costs, OECD says

EN-Resilience_0.jpg
Economic losses due to disasters in OECD and BRIC countries, 1980-2012

Make growth socially inclusive for improved well-being and stronger economies – OECD report

Inequality – now at its highest level in decades in many countries – undermines economic growth and well-being, says a new OECD report.