Keyword: oecd

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  • Humiliates Obama, Reveals That "America Is The Biggest Tax Haven In The World"

    04/06/2016 7:27:52 PM PDT · by Rockitz · 9 replies ^ | 5 April 2016 | Jesse Ducker, Bloomberg via ZeroHedge
    In his speech yesterday, following the Treasury's crack down on corporate tax inversions, Obama blamed "poorly designed" laws for allowing illicit money transfers worldwide. Since the speech came at a time when the entire world is still abuzz with the disclosure from the Panama Papers, Obama touched on that as well: "Tax avoidance is a big, global problem" he said on Tuesday, "a lot of it is legal, but that’s exactly the problem" because a lot of it is also illegal. There is one major problem with that: of all the countries in the world, it is none other than...
  • World is 'overloaded on monetary policy', says OECD

    03/20/2016 2:34:18 PM PDT · by Lorianne · 4 replies
    Telegraph (UK) ^ | 19 March 2016 | Szu Ping Chan
    Central banks cannot haul economies out of stagnation on their own, the OECD has warned. Catherine Mann, chief economist at the Paris-based think-tank, said countries were now “overloaded on monetary policy” as she described the use of negative interest rates as “a reaction of central banks trying to meet the objective of raising inflation and fostering growth alone”. Ms Mann said banks faced being “squeezed” by the unintended consequences of sub-zero rates in an environment where demand remained subdued. The OECD has repeatedly warned that fiscal policy and structural reforms are needed to ensure recoveries are self-sustaining. “In the economies...
  • OECD's William White: In Terms of Debt, the Situation Is Way Worse than 2007

    02/26/2016 8:49:35 AM PST · by Lorianne · 2 replies
    Financial Sense ^ | 24 February 2016
    William White, chairman of the Economic and Development Review Committee at the OECD and former chief economist at the Bank for International Settlements (BIS), says the risks posed by global debt levels are greater today than they were in 2007 and that central banking monetary policy has lost its effectiveness. He also explains the crucial differences between modern macroeconomic modeling and complexity theory (or viewing the economy as a complex adaptive system) and the key lessons this has for policymakers, both fiscal and monetary. Here's a portion of his recent interview with Financial Sense airing Friday on the Newshour page:...
  • Here's the new(est)Ranking Of Countries in Math & Science

    10/28/2015 3:07:10 PM PDT · by sushiman · 46 replies
    Business Insider ^ | 12/3/13 | Joe Weisenthal
    The OECD is out with new global rankings of how students in various countries do in reading , science and math .
  • Immigration Lowers Educational Achievement

    09/10/2015 6:51:10 AM PDT · by Academiadotorg · 7 replies
    Accuracy in Academia ^ | September 9, 2015 | Malcolm A. Kline
    When academia, aided and abetted by international agencies, tell you something isn’t happening, there is a very good chance that it is. Take, for example, the assertion by the Programme for International Student Assessment (PISA) survey by the Organization for Economic Cooperation and Development (OECD) that immigration has no effect on education. “Only when combined with research methods that can separate causation from correlation are international test scores useful for analyzing education policy outcomes,” the London-based Centre for the Study of Market Reform of Education (CMRE) avers. “For example, PISA would have policy makers believe that immigration has no impact...
  • EU tries again for compromise on deal to phase out coal aid

    07/27/2015 12:35:21 PM PDT · by Olog-hai · 3 replies
    Reuters ^ | Mon Jul 27, 2015 7:55am EDT | Barbara Lewis
    EU bosses are pushing to resolve a clash between industry and environmental policy with a new strategy to phase out funding to export coal technology to developing nations, ahead of a meeting of leading economic powers on the issue. The European Commission, the EU executive, urges tougher rules on when subsidies, known as coal export credits, can be used in a paper seen by Reuters, ahead of interim talks this week. Political pressure is growing to reach agreement on restricting the coal subsidies before United Nations climate change talks in Paris at the end of the year. But opposition is...
  • Russia's crisis has no end in sight as $50 oil looms, says OECD

    12/27/2014 4:16:00 PM PST · by E. Pluribus Unum · 12 replies
    The Telegraph ^ | 12/27/14 | Szu Ping Chan
    There is no end in sight for Russia’s economic crisis, as crippling sanctions and tumbling oil prices leave the country staring into an abyss, the Organisation for Economic Co-operation and Development has warned. Catherine Mann, the OECD’s chief economist, said Russia was moving closer to shutting itself off from the rest of the world, while the West’s sanctions against Moscow over its annexation of Crimea in Ukraine had left no end in sight for the country’s woes.
  • Russia's crisis has no end in sight as $50 oil looms, says OECD

    12/29/2014 1:17:42 AM PST · by elhombrelibre · 25 replies
    The Telegraph ^ | 27 Dec 14 | Szu Ping Chan
    There is no end in sight for Russia’s economic crisis, as crippling sanctions and tumbling oil prices leave the country staring into an abyss, the Organisation for Economic Co-operation and Development has warned. Catherine Mann, the OECD’s chief economist, said Russia was moving closer to shutting itself off from the rest of the world, while the West’s sanctions against Moscow over its annexation of Crimea in Ukraine had left no end in sight for the country’s woes. “It’s very difficult to tell what will get Russia back on track,” she told The Sunday Telegraph. “The end game is autarky, and...
  • Financed by American Tax Dollars, the OECD Endorses Obama’s Statist Agenda for the U.S. Economy

    09/04/2014 7:28:17 AM PDT · by Kaslin · 1 replies ^ | September 4, 2014 | Daniel J. Mitchell
    I hate to sound like a broken record, but the Organization for Economic Cooperation and Development (OECD) is once again pushing for bigger and more intrusive in the United States. The international bureaucracy’s “Economic Survey” of the United States reads like it was produced by some interns at the Democratic National Committee.Since the OECD is based in Paris, I suppose it’s not very surprising that it has a statist agenda. But it’s still offensive because American taxpayers finance the biggest portion of the bureaucracy’s budget.In other words, I’m subsidizing the people who are interfering with America’s domestic policy in hopes...
  • US adults are dumber than the average human

    10/08/2013 4:11:22 PM PDT · by SES1066 · 99 replies
    New York Post ^ | 10/08/13 | Associated Press
    WASHINGTON — It’s long been known that America’s school kids haven’t measured well compared with international peers. Now, there’s a new twist: Adults don’t either. In math, reading and problem-solving using technology – all skills considered critical for global competitiveness and economic strength – American adults scored below the international average on a global test, according to results released Tuesday.
  • Pay companies to hire youth, OECD suggests

    07/17/2013 1:35:09 PM PDT · by Olog-hai · 16 replies
    Reuters ^ | Tue Jul 16, 2013 7:36pm IST | Leigh Thomas
    The plight of youth unemployment in developed economies is so severe it has prompted the Organization for Economic Cooperation and Development (OECD) to call for more government intervention, possibly including paying companies to hire.It also said on Tuesday that governments should not roll back minimum welfare schemes and should reallocate, where possible, budgets towards programs designed to get people back in work. Unveiling its 2013 employment outlook, the OECD said joblessness was likely to remain high in its 34 developed member states through most of next year. But speaking to Reuters after the report’s release, the group’s head of employment...
  • OECD: Europe remains threat to world economy

    05/29/2013 1:56:15 PM PDT · by Olog-hai · 4 replies
    Associated Press ^ | May 29, 2013 1:35 PM EDT | Greg Keller
    The recession in Europe risks hurting the world’s economic recovery, a leading international body warned Wednesday. In its half-yearly update, the Organization for Economic Cooperation and Development said that protracted economic weakness in Europe “could evolve into stagnation with negative implications for the global economy.” The OECD again slashed its forecast for the economy of the 17-country eurozone, saying it will shrink by 0.6 percent this year, after a 0.5 percent drop in 2012. The OECD had predicted a 0.1 percent decline for the eurozone in its report six months ago—and this time last year, it forecast growth of nearly...
  • Environment: Germany, a laboratory for green growth

    06/04/2012 12:12:32 AM PDT · by Einigkeit_Recht_Freiheit · 53 replies
    OECD ^ | 05/31/2012 | OECD
    Germany is successfully limiting the amount of carbon, energy and resources required to grow its economy. Though the public is generally satisfied with the level of environmental quality, the OECD’s Environmental Performance Review of Germany warns that challenges remain in areas like air and water quality, the protection of biodiversity, and de-carbonising energy production. It says that Germany will need more cost-effective policies to achieve its ambitious environmental objectives which, in some cases, go beyond those established in the European Union. Stringent environmental requirements have helped to make Germany a leader in the environmental goods and services sector. Worth up...
  • Going Underground in Hard Times

    01/29/2012 9:05:32 PM PST · by Rabin · 1 replies · 2+ views
    ips news (Lisbon) ^ | Jan 28, 2012 | Mario Queiroz
    The underground economy generates more than 52.6 billion dollars a year - half the amount of the international troika's bailout plan… The study indicates that the size of the unreported economy in Portugal is larger than average for the Organisation for Economic Development (OECD) countries, where it varies between 16 and 18 percent of GDP. Portugal has the third largest underground economy relative to GDP in the EU, after Italy and Greece.
  • OECD to Obama: Propagandize U.S. Citizens into Supporting Global Aid Projects

    07/28/2011 6:20:43 PM PDT · by Steve Peacock · 2 replies
    U.S. Trade & Aid Monitor ^ | July 28, 2011 | Steve Peacock
    OECD to Obama: Propagandize U.S. Citizens into Supporting Global Aid Projects By Steve Peacock, U.S. Trade & Aid Monitor; July 28, 2011 The United States should launch a heightened domestic propaganda campaign in order to gain support at home for its role in providing global aid, the Paris-based Organization for Economic Cooperation and Development (OECD) today recommended. Though it did not use the term "propaganda," OECD indeed exhorted the Obama Adminstration to endeavor to gain domestic support for overseas aid programs. The report therefore recommended that the U.S. government do a better job at molding public perception of international assistance,...
  • NYT begrudges Israel's membership in the OECD

    05/11/2010 7:00:10 PM PDT · by jazusamo · 12 replies · 414+ views
    American Thinker ^ | May 11, 2010 | Leo Rennert
    Israel's success in gaining membership in the Organization for Economic Cooperation and Development is a big deal.  The 31-member, Paris-based group is an elite club of developed, open-market, democratic economies.   Membership inspires investor confidence and opens more avenues for trade.  Israel has been knocking on OECD's door for more than 15 years.  And on Monday, May 10, it was finally admitted by a unanimous vote.  Since the OECD operates by consensus, a single objection would have kept the door closed.  But all members voted "aye," including Turkey, with a government headed by an Islamic party.  In so doing, Turkey brushed...
  • IRS Launches New Global Program to Target ‘High Wealth Individuals'

    04/06/2010 2:37:39 AM PDT · by Cindy · 39 replies · 1,292+ views
    CNS ^ | April 6, 2010 | Penny Starr
    Note Video included at article link. SNIPPET: "( - The Internal Revenue Service has launched a new global program to target what it calls “high wealth individuals,” IRS Commissioner Douglas Shulman said Monday. “Through our new global high wealth operating unit we are taking a unified look at the entire web of business and economic entities controlled by high wealth individuals so we can better assess the risk such arrangements pose to tax compliance,” Shulman said at the National Press Club on Monday. Shulman said the IRS is using “our robust and evolving enforcement program that ensures that everyone pays...
  • Remarks by the President at the Export-Import Bank's Annual Conference

    03/13/2010 4:20:41 AM PST · by Cindy · 11 replies · 274+ views ^ | March 11, 2010 | n/a
    Note: The following text is a quote: Home • Briefing Room • Speeches & Remarks The White House Office of the Press Secretary For Immediate Release March 11, 2010 Remarks by the President at the Export-Import Bank's Annual Conference Omni Shoreham Hotel, Washington, D.C. 11:30 A.M. EST THE PRESIDENT: Thank you, everybody. And thank you, John, for that generous introduction. Congratulations to you and Fabienne and Luis for the recognition your companies so richly deserve. And thank you to the Chairman of the Export-Import Bank, Fred Hochberg, for having me here today, and for all the important work the...
  • Global Recession May Already Be Over: OECD

    09/03/2009 4:21:46 AM PDT · by Red in Blue PA · 21 replies · 697+ views
    CNBC ^ | 9/3/2009 | Staff
    The global recession is coming to an end faster than thought just a few months ago and may already be over, according to forecasts published by the Organization for Economic Co-operation and Development on Thursday. The recovery may even prove a little stronger than previously predicted, OECD chief economist Jorgen Elmeskov told Reuters in an interview where he elaborated on the forecasts for several key economies.
  • Let It Snow, Let It Snow, Let It Snow

    01/29/2009 7:12:47 PM PST · by Kaslin · 24 replies · 1,121+ views
    IBD Editorials ^ | January 29, 2009
    Climate Change: As a winter storm shutters D.C.-area schools, Al Gore does a show-and-tell on global warming before Congress. The road to Copenhagen is being paved with good intentions."When it comes to the weather, folks in Washington don't seem to be able to handle things," a joking President Obama told reporters Wednesday morning. Daughters Malia and Sasha had a snow day as the private school they attend, Sidwell Friends, closed due to a winter ice and snow storm. Truer words were never spoken. When it comes to weather, the current Democratic majorities in the nation's capital don't have a clue....
  • Health Care Here And Over There

    08/12/2009 5:37:09 PM PDT · by Kaslin · 11 replies · 788+ views
    IBD Editorials ^ | August 12, 2009 | INVESTORS BUSINESS DAILY Staff
    Reform: If the world's most famous physicist, Stephen Hawking, is a shining example of British health care, how is it that others in the U.K. are repeatedly denied critical care and medicine?In commenting on efforts to overhaul American's health care system, we have tried to pull back the curtain and pay attention to those trying to clone the systems of Canada and Britain. But supporters of government-run health care frequently ignore some of the less-pleasant facts. Much has been made of this statement in one of our Aug. 3 editorials: "People such as scientist Stephen Hawking wouldn't have a chance...
  • Peak Gov't, Not Oil

    08/04/2009 5:39:27 PM PDT · by Kaslin · 5 replies · 1,103+ views
    IBD Editorials ^ | August 3, 2009 | INVESTORS BUSINESS DAILY Staff
    Energy Policy: The chief economist of the International Energy Agency says the world is running out of oil. We've been told that for the last 150 years. The only thing we're running out of is the will to drill.Ever since the first oil well was drilled in Titusville, Pa., in 1859, experts have been predicting we would soon run out of oil. The latest is Dr. Fatih Birol, chief economist for the International Energy Agency in Paris, whose job it is to assess future energy supplies by OECD countries. In an interview with the Independent, Dr. Birol says that based...
  • Korea 'to Achieve Highest Growth Rate in 2010'

    06/24/2009 7:25:02 PM PDT · by Jet Jaguar · 7 replies · 505+ views
    Chosun Ilbo ^ | June 25, 2009 | N/A
    Korea will achieve the highest growth rate next year among 30 member OECD member states, the organization forecast Wednesday. In its global economic outlook, the OECD said Korea's economy will shrink 2.2 percent in 2009 but rebound with a growth rate of 3.5 percent in 2010 as global trade recovers. The estimate is far above the average 0.7 percent forecast for the 30 OECD members. "After a deep plunge in the final quarter of 2008, [Korea's] economy has bottomed out as fiscal stimulus began to take effect," the OECD said. Uncertainty still remains high, including plummeting employment and the unstable...
  • OECD Says Global Recession Is Nearing Bottom

    06/24/2009 9:09:42 AM PDT · by SeekAndFind · 3 replies · 250+ views
    Wall Street Journal ^ | 6/24/2009 | PAUL HANNON and GABRIELE PARUSSINI
    PARIS -- The Organization for Economic Cooperation and Development said Wednesday that developed economies will shrink less sharply this year than it previously expected, and will grow next year. The projection was the first upward revision to the OECD's growth forecasts since June 2007, before the financial crisis began. The International Monetary Fund is likely to follow suit when it releases new forecasts July 7. However, the OECD warned governments and central banks against prematurely withdrawing stimulus packages, which it deemed essential in averting a deeper, more prolonged recession. The OECD, a leading think tank and policy forum for its...
  • OECD puts Switzerland on list of tax havens (can run, but can't hide?)

    03/12/2009 7:00:46 AM PDT · by TigerLikesRooster · 13 replies · 632+ views
    Khaleej Times ^ | 03/12/09
    OECD puts Switzerland on list of tax havens (DPA) 12 March 2009 PARIS - The Organization for Economic Cooperation and Development has drawn up a new list of uncooperative tax havens made up of about 30 countries, including Switzerland, the online edition of the French daily Le Figaro reported on Thursday. The list, described by the OECD as a ‘working paper,’ has been sent on to London to be used as a basis for possible measures to be taken against these tax havens by the G20 group of nations, which will be meeting there on April. The OECD prepared the...
  • US and Japan fight overseas aid proposals

    09/03/2008 8:11:23 PM PDT · by DeaconBenjamin · 4 replies · 148+ views
    The world’s rich donor countries have clashed over plans to improve the quality of their overseas aid, with the US and Japan arguing against setting themselves tougher targets. In a meeting this week in Accra, Ghana, officials have tussled over proposals to force donor countries to co-ordinate their aid programmes with each other and to use financial systems set up by the recipient developing countries wherever possible. The conference follows the so-called “Paris declaration” of 2005 in which rich governments agreed to make aid more predictable and to reduce requirements to use it to buy exports from the donor country....
  • 20 Reasons to Kill the Corporate Income Tax

    Or 20 reasons why Pelosi and gang need to be “booted”.
  • Americans stash away 1.5 trillion dollars in tax havens

    07/17/2008 1:18:59 PM PDT · by NormsRevenge · 99 replies · 212+ views
    AFP on Yahoo ^ | 7/17/08 | P. Parameswaran
    WASHINGTON (AFP) - Wealthy Americans are hiding about 1.5 trillion dollars in overseas tax havens in a "deceptive" partnership with top foreign banks such as UBS, resulting in 100 billion dollars in lost US tax revenue, a congressional probe was told Thursday. The hearing centered on a 115-page report following investigations into alleged abuses by UBS in Switzerland and the smaller LGT Bank in Liechtenstein amid a widening international investigation into tax scandals involving the two banks. "The evidence we have been able to obtain breaks through some of the wall of secrecy to show that these two banks have...
  • Bad policy, not biofuel, drive food prices: Merkel

    04/17/2008 8:28:29 PM PDT · by kiriath_jearim · 19 replies · 174+ views
    Reuters ^ | 4/17/08 | Gernot Heller
    BERLIN (Reuters) - Bad agricultural policies and changing eating habits in developing nations are primarily to blame for rising food prices, not biofuel production as some critics claim, German Chancellor Angela Merkel said on Thursday. Environmentalists and humanitarian groups have stepped up campaigning against biofuels, arguing they divert production away from food and animal feed while contributing to sharp rises in the price of cereals and milk products. But Merkel, whose country is Europe's largest biofuel producer, said the rise in food prices was not mainly due to biofuels but to "inadequate agricultural policies in developing countries" as well as...
  • World can 'afford' to solve its environmental woes: OECD (We know the enemy. It is called carbon.)

    03/05/2008 5:02:23 PM PST · by NormsRevenge · 15 replies · 178+ views
    AFP on Yahoo ^ | 3/5/08 | AFP
    OSLO (AFP) - The world could solve many of the major environmental problems it faces at an "affordable" price, the OECD said Wednesday, warning that the cost of doing nothing would be far higher. In a report presented in Oslo, the Organisation for Economic Cooperation and Development suggested a range of measures to address what it said were the greatest global environmental challenges through 2030: climate change, biodiversity loss, water scarcity and the impact on human health of pollution and toxic chemicals. "It's not cheap. It is affordable, but also it is considerably less onerous for mankind and for the...
  • Heavenly Tax Havens

    02/26/2008 3:57:18 PM PST · by Tolerance Sucks Rocks · 80 replies · 624+ views
    Cato Institute ^ | February 26, 2008 | Daniel J. Mitchell
    The German government's purchase of data stolen from a Liechtenstein bank has reinvigorated longstanding debates about privacy, law enforcement and international relations. Much of the fallout has followed predictable patterns. Some argue that Germany's richest citizens should be brought to justice for failing to comply with the tax laws, while others point out that it is unseemly for a nation to spy on a peaceful neighbor. The conflict between Germany and Liechtenstein also has triggered a broader debate about tax competition and the role of so-called tax havens. The Paris-based Organization for Economic Cooperation and Development is trying to use...
  • Economic Redistribution Ahead

    01/31/2008 9:13:00 AM PST · by bs9021 · 1 replies · 69+ views
    Campus Report ^ | January 31, 2008 | Bethany Stotts
    Economic Redistribution Ahead Bethany Stotts, January 31, 2008 .....“The United States is committed to strengthening our energy security and confronting global climate change. And the best way to meet these goals is for America to continue leading the way toward the development of cleaner and more energy-efficient technology,” said President Bush. However, groups such as the Organization for Economic Co-operation and Development (OECD) view such technology-promoting initiatives quite differently. OECD Secretary-General Angel Gurría told the United Nations Bali Climate Conference this December that while “cutting emissions and fostering low-carbon activities will require investments in research and development of new technologies,”...
  • U.S. Sees Some Countries Overtake It in Broadband Speeds, but Is There a Problem?

    10/30/2007 8:58:43 PM PDT · by george76 · 28 replies · 95+ views
    Canadian Business ^ | October 30, 2007 | Peter Svensson
    The United States is starting to look like a slowpoke on the Internet. Examples abound of countries that have faster and cheaper broadband connections, and more of their population connected to them. What's less clear is how badly the country that gave birth to the Internet is doing, and whether the government needs to step in and do something about it. The Bush administration has tried to foster broadband adoption with a hands-off approach. If that's seen as a failure by the next administration, the policy may change. In a move to get a clearer picture of where the U.S....
  • The Biofuel Backlash (Mexico:"tortilla crisis,France:"bread crisis",Italy:"pasta protest")

    09/13/2007 5:38:42 PM PDT · by fight_truth_decay · 30 replies · 785+ views
    Stratfor-Public Policy Intelligence Report ^ | September 13, 2007 1825 GMT | By Bart Mongoven
    The Organization for Economic Cooperation and Development (OECD) released a scathing report Sept. 11 calling for a dramatic drawdown in the subsidies and preferential trade laws granted to biofuel producers in OECD countries. In Europe, Friends of the Earth hailed the report, saying it has focused attention on the negative issues surrounding biofuels, while libertarian groups on both sides of the Atlantic applauded its call for a reduction in subsidies. The report is one of a number of efforts designed to deflate support for biofuels in the United States and Europe. Increasing numbers of groups, especially in Europe, are beginning...
  • OECD warns against biofuels subsidies

    09/10/2007 11:18:30 PM PDT · by bruinbirdman · 31 replies · 659+ views
    The Financial Times ^ | 9/10/2007 | Andrew Bounds
    Governments need to scrap subsidies for biofuels, as the current rush to support alternative energy sources will lead to surging food prices and the potential destruction of natural habitats, the Organisation for Economic Co-operation and Development will warn on Tuesday. The OECD will say in a report to be discussed by ministers on Tuesday that politicians are rigging the market in favour of an untried technology that will have only limited impact on climate change. “The current push to expand the use of biofuels is creating unsustainable tensions that will disrupt markets without generating significant environmental benefits,” say the authors...
  • Austria urged not to abolish taxes

    07/13/2007 11:18:37 PM PDT · by bruinbirdman · 12 replies · 595+ views
    Financial Times ^ | 7/14/2007 | Eric Frey
    The OECD has strongly advised Austria not to go ahead with plans to abolish inheritance and gift taxes because it would incease the structural imbalances in the country's tax system, where labour is taxed far more heavily than capital. "These steps should be reconsidered," said the Paris-based organisation in its latest country report released yesterday. Instead, Austria, which has one of the world's lowest tax rates on capital, should strive towards a higher taxation of real estate and increase excise and environmental taxes, the OECD advised. Earlier this year, the constitutional court ruled the existing inheritance and gift levies illegal....
  • US economy growing solidly - OECD

    05/29/2007 5:05:10 AM PDT · by O-bs-ama · 6 replies · 456+ views
    Press Esc ^ | Tue, 2007-05-29 | Netherlands IFP
    Despite what the Demonrats would have you believe, President Bush has done a tremendous job with the economy. The United States economy continues to grow solidly, though at a slower pace than before and long term challenges include labour force growth, fiscal sustainability, distortions in the housing market, performance of secondary schools and access to college, the results of the latest survey on the US economy carried out by the OECD and released today showed. This is an independent assessment. So now what are the Demonrats going to say?
  • Bright outlook for Swedish economy (New Conservative Government receives praise from OECD)

    05/24/2007 11:29:22 AM PDT · by WesternCulture · 6 replies · 433+ views ^ | 05/24/2007 | TT/The Local
    Sweden's economy will continue to grow at a healthy pace, according to a new prognosis from the OECD, but inflation poses a threat. The Swedish economy grew by 4.7 percent last year - the highest growth level for more than 30 years. This year it will fall slightly to 4.3 percent, dropping again to 3.5 percent in 2008. Even that figure would be high by historical standards, and OECD economists said they saw few signs of weakness. The government was praised for cutting taxes for low earners and for its reforms to the unemployment benefit system. "The labour market reforms...
  • UK: Families facing record tax burden

    12/23/2006 8:50:47 AM PST · by kiriath_jearim · 7 replies · 647+ views
    Daily Telegraph (UK) ^ | 12/23/06 | Edmund Conway
    Families are being squeezed harder than ever before by higher taxes, according to figures which lay bare just how much the Government is now taking from households. The income tax burden has soared to its highest level since records began two decades ago, dramatically eroding the amount of money left in people's pockets, figures released by the Office for National Statistics say. British households have experienced the biggest increase in taxes across the western world since Labour came to power, the Organisation for Economic Co-operation and Development has revealed. The result is that hard-working families have even less money left...
  • US Support of Global Tax Group Is 'Ridiculous,' Senator Says

    11/20/2006 11:29:41 AM PST · by presidio9 · 20 replies · 1,315+ views
    CNS News ^ | 11/18/06
    An international organization that proposes a global taxation system and is critical of the U.S. tax structure receives nearly one-fourth of its $400 million budget from the American taxpayer, a situation one Republican senator hopes to end. "It's ridiculous that we would support such a group," Sen. Jim Inhofe said Friday of the Organization for Economic Cooperation and Development (OECD), a Paris-based grouping of 30 of the world's most developed nations. In a press release, the Oklahoma senator said the OECD "receives 25 percent of its budget from the U.S." and has used that money "to encourage and support higher...
  • Paris-Based Bureaucracy Threatens U.S. Pro-Growth Tax Reforms($85Mil annually from USA)

    10/08/2006 3:03:44 PM PDT · by kellynla · 3 replies · 537+ views
    Human Events Online ^ | Oct 06, 2006 | Mike Franc
    Few Americans know much about the Organization for Economic Cooperation and Development (OECD), a Paris-based bureaucracy best known for its dry studies, reams of economic statistics, and world-class wine cellar. But they should know more. After all, it receives about $400 million annually from 30 western democracies, including $85 million from American taxpayers, which covers much of its annual budget. What few know is that the OECD poses one of the greatest threats to the enactment of pro-growth tax reforms in the United States and across the world. Remarkably, the U.S. contribution has underwritten mountains of studies full of Orwellian...
  • American Education Internationally

    06/30/2006 1:36:50 PM PDT · by JSedreporter · 1 replies · 128+ views
    Accuracy in Academia ^ | June 30, 2006 | Matthew Murphy
    Despite their weaknesses, American schools still boast enviable achievements, the U.S. Secretary of Education told the Organization for Economic Cooperation and Development. “The United States certainly does not have all the answers. But we have benefited tremendously from the insight of education stakeholders outside the government, especially from the business community,” Margaret Spellings told the OECD members gathered for their meeting in Athens. “The private sector has been a critical supporter of our nation's universities—actively supporting education efforts as well as partnering with them on research, technology transfer, and other initiatives.” “Companies within the private sector were instrumental in spotlighting...
  • Everybody's Doing It: Abolish The Capital Gains Tax

    04/17/2006 12:38:25 PM PDT · by Tolerance Sucks Rocks · 80 replies · 1,208+ views
    GOPUSA ^ | April 17, 2006 | Rod D. Martin
    How many times have we heard liberals exhorting America to act like the rest of the world? For literally decades, the denizens of the left have been badgering us to adopt socialized medicine, abolish capital punishment, and support other "progressive" measures so we can appear more "enlightened" to their friends in Old Europe and other lovely places. Never mind that their ideas are anything but progressive, particularly if by "progressive" we mean the achievement of actual progress. Hyper-progressive France, for instance, has had double-digit unemployment for most of the past quarter century, even with a 35-hour work week; its youth...
  • Panel Pushes Probe of Oil-For-Food Program

    12/16/2005 4:09:48 PM PST · by NormsRevenge · 4 replies · 488+ views
    AP on Yahoo ^ | 12/16/05 | Laurence Frost - ap
    PARIS - An anti-bribery panel urged governments Friday to do more to investigate evidence of kickbacks and corruption in the U.N.-commissioned report on Iraq's oil-for-food program. Only 11 of some 40 countries whose citizens or companies were implicated by the inquiry have requested the evidence unearthed with a view to possible prosecutions, said Mark Pieth, panel chairman at the Organization for Economic Cooperation and Development. "The working group encourages its members to follow up by obtaining this information," said Pieth, who also was a member of the independent inquiry headed by former U.S. Federal Reserve Chairman Paul Volcker. The United...
  • OECD Economic Survey of the United States

    11/01/2005 1:10:35 PM PST · by Conservative Goddess · 4 replies · 320+ views
    "...What are the problems in the labour market?Although job creation has finally gathered momentum, it has been atypically weak in the current business cycle. Non-farm payroll employment continued to contract for almost two years after the end of the 2001 recession and surpassed its pre-recession level only in early 2005. .... What are the remaining challenges for energy and environmental policies?While environmental quality in the United States has improved, both air pollution and greenhouse gas emission intensities are quite high compared to those of other OECD Members. The average US vehicle produces almost twice as much carbon dioxide emissions as...
  • The Land of Frightened Investors

    06/21/2005 6:19:20 AM PDT · by Lukasz · 7 replies · 358+ views
    Kommersant ^ | June 21, 2005
    Yesterday, two international organizations – the Organization for Economic Cooperation and Development (OECD) and the World Bank – simultaneously directed sharp criticism at the Russian government. Reports published by the organizations point out that there has not merely been a slowdown of reform in Russia but an actual return to repression of the market by an ineffective and corrupt state. Reports by international organizations on the state of affairs in Russia's economy have recently become increasingly critical. The latest IMF mission came to the conclusion that the Russian authorities are excessively wasteful and that current economic policy is leading the...
  • WSJ: The Blair Debt Project - Why the U.S. is right to resist the 'free gold' illusion.

    06/07/2005 5:43:04 AM PDT · by OESY · 13 replies · 568+ views
    Wall Street Journal ^ | June 7, 2005 | Editorial
    Prime Minister Tony Blair visits President Bush today to make his case for new G-7 aid to the world's poor, particularly Africa. Headlines notwithstanding, the disagreement between the two men is not about whether rich countries ought to help the poor, but rather how. The U.S. is already the world's most generous donor to the global development cause. According to the OECD, total U.S. official assistance in 2004 was almost $19 billion, nearly twice that of the next biggest givers, Japan and France. And for those who talk about "aid per capita," keep in mind that U.S. military spending that...
  • OECD warns of wider global economic gaps(Europe at the bottom)

    05/26/2005 5:13:00 AM PDT · by TigerLikesRooster · 5 replies · 286+ views
    IHT ^ | 05/25/05 | Brian Childs
    OECD warns of wider global economic gaps By Brian Childs International Herald Tribune WEDNESDAY, MAY 25, 2005 PARIS Differences in economic performance are widening between Europe, Asia and the United States, with possible long-term consequences for global growth and the stability of the dollar, the Organization for Economic Cooperation and Development warned Tuesday. The U.S. economy is enjoying a "soft landing" that may warrant higher interest rates to curb consumption, while growth prospects in Asia continue to strengthen, the Paris-based research group said in a semi-annual assessment of the global economy. But in Europe, the outlook is dim enough that...
  • WSJ Book Review: Feeling Down Just As Things Are Looking Up ("The Superpower Myth" by Soderberg)

    03/22/2005 5:58:12 AM PST · by OESY · 5 replies · 903+ views
    Wall Street Journal ^ | March 22, 2005 | BRET STEPHENS
    Until recently, Nancy Soderberg was just another blissfully forgotten face of the Clinton administration.... But she gained some notoriety this month during an appearance on "The Daily Show," in which host Jon Stewart was half-marveling, half-despairing at the turn of events in the Middle East after the Iraq elections, which seemed to vindicate President Bush.... Soderberg: "Well, there's still Iran and North Korea don't forget..." Begin with the simplest errors of fact.... [W]hen Ms. Soderberg snickers about how candidate Bush struggled through a foreign-policy pop quiz in 2000, one is compelled to snicker back. Next ... errors of analysis. "It...
  • Global protectors or oppressors?

    02/11/2005 11:50:54 AM PST · by JZelle · 22 replies · 410+ views
    The Washington Times ^ | 2-11-05 | Richard W. Rahn
    Are you aware we are increasingly regulated and even taxed by international organizations that are undermining the protections guaranteed by the U.S. Constitution? The "oil for food" and other recent U.N. scandals made many aware the U.N. is quite literally out of control. What is not well known is that the U.N. is only one of now dozens of international organizations that increasingly exercise control over citizens in all countries and misspend taxpayer monies.