Finance & Economics

Indonesia will overcome economic pressures, says new World Bank Country Director for Indonesia

The World Bank has appointed Rodrigo Chaves, an economist with over 20 years of experience working in development and public policy in more than 30 countries, as the new Country Director for Indonesia.

Andorra deepens commitment to fight offshore tax avoidance and evasion

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Mr. Nicola Bonucci, Director, OECD Legal Directorate, Her Excellency Maria Ubach, Ambassador of...

OECD report measures human cost of crisis; underlines need to invest in well-being

The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.

World Bank Releases First Myanmar Economic Monitor

The Myanmar Economic Monitor (MEM) reports that growth in 2012/13 was strong at 6.5 percent driven mainly by strong performance in gas production, services, construction, foreign direct investment, and commodity exports. It also indicates that the...

The World Bank Urges Mongolia to Tighten Economic Policies toward Economic Stability

In its newly released semi-annual Mongolia Economic Update, the World Bank said that the persistent large balance of payments imbalance is a key challenge to the Mongolian economy. The World Bank underscored that the current fiscal and monetary...

European Globalisation Adjustment Fund: employment MEPs endorse EP/Council deal

EU aid to redundant workers would continue in 2014-2020 and go to new categories of workers, such as the self-employed and those on temporary contracts, under a provisional deal struck by Employment and Social Affairs Committee MEPs and the Lithuanian...

Europe after the crisis: MEPs debate the direction for the EU to take

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(Top from left) Corien Wortmann-Kool, Enrique Guerrero Salom (S&D), Parvanova Antonyia, (...

EP this week: lessons from the crisis, NSA inquiry, EU summit

MEPs are back for a busy committee week in Brussels. The economic committee reviews the impact of the bailout programmes for crisis-stricken countries, while the civil liberties committee continues its inquiry into the NSA scandal after the return of...

Southern Africa’s Revenue Administration Officials Share Experiences on Exchange of Information for Optimizing Revenue Collections and Facilitating Trade

The International Monetary Fund (IMF)’s Africa Regional Technical Assistance Center South (AFRITAC South) held a workshop for revenue administration officials on exchange of information. The workshop took place in Mauritius on October 28–31, 2013....

Carbon taxes and emissions trading are cheapest ways of reducing CO2, OECD says

Carbon taxes and emission trading systems are the most cost-effective means of reducing CO2 emissions, and should be at the centre of government efforts to tackle climate change, according to a new OECD study.