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Education : OECD to release Education at a Glance 2010 on Tuesday 7 September
The economic and social benefits of investing in education are among the issues analysed in the 2010 edition of the OECD’s Education at a Glance, to be published on Tuesday 7 September. Four media presentations of this year’s edition are planned : in London, Paris, Berlin and Brussels.
Statistics : Annual inflation in OECD area edges up to 1.6% in July 2010
Consumer prices in the OECD area rose by 1.6% in the year to July 2010, up from 1.5 % in June. This small increase mainly reflected developments in energy and food prices, which increased by 6.2% and 1.1% respectively in the year to July, compared with rises of 4.7% and 0.6% in June.
Statistics : Germany and UK drive stronger GDP growth in European Union but growth slows in Japan and US
Gross domestic product (GDP) in the OECD area rose by 0.7% in the second quarter of 2010, the same rate as in the previous quarter.
Banking : The EU stress test and sovereign debt exposures
This working paper summarises the recently completed EU stress test for banks and, using new data on bank exposures to sovereign debt, appraises the way the tests have treated the sovereign debt crisis. It comments on market concerns about banking sector exposure to sovereign debt during and beyond the period of the stress test.
Statistics : Composite leading indicators point to a possible peak in expansion
OECD composite leading indicators (CLIs) for June 2010 point to a possible peak in expansion. The CLI for the OECD area decreased by 0.1 point in June 2010.
Statistics : Annual inflation in OECD area falls to 1.5% in June 2010
Annual inflation in the OECD area fell to 1.5 % in the year to June 2010 compared with 2.0% in May amid a slowdown in energy price rises. Annual energy inflation slowed to 4.7% in June compared with 11.0% in May.
Accession : Slovenia becomes the OECD’s 32nd member
On 21 July 2010, Slovenia deposited its instrument of accession to the OECD Convention, thereby becoming a member of the Organisation. Slovenia was invited by OECD countries to open negotiations for membership in May 2007.
Statistics : Trade flows continue to grow in the first quarter of 2010 but at a slower pace
Based on seasonally adjusted monthly data, merchandise trade values remain approximately 20% below pre-crisis levels in April and May.
Foreign bribery : South Africa should take a more proactive stance, says OECD
South Africa should step up its efforts to detect, investigate and prosecute cases of bribery in international business deals, according to a new report by the OECD’s Working Group on Bribery.
South Africa : Boosting job creation and exports key to growth, says OECD’s Gurría
South Africa should leverage the positive impact of the World Cup to improve living standards by boosting job creation and exports, said Secretary-General Angel Gurría at the launch of the Economic Survey of South Africa in Pretoria.
Climate change : Gurría welcomes calls for further emissions reductions
OECD Secretary-General Angel Gurría has welcomed the call by ministers in France, Germany and the UK for Europe to adopt a 30% reduction in greenhouse gas emissions over 1990 levels by 2020.
Economy : Policy responses to encourage growth and reduce imbalances beyond the short term
The global crisis has left OECD countries with lower potential output and high government debt. The OECD has done policy simulations of three scenarios for the world economy – business as usual, fiscal consolidation and fiscal consolidation with structural reform.
UK : OECD's Gurría proposes action plan to strengthen UK recovery
The UK should build on its strong foundations to boost its recovery and restore confidence, according to "United Kingdom: Policies for Sustainable Recovery", a new OECD report that Secretary-General Angel Gurria discussed with Chancellor of the Exchequer George Osborne and other members of the government in London.
Economy : migration key to long-term economic growth, says OECD
International migration has fallen during the economic crisis, but as the recovery moves into gear migrants will once again be needed to fill labour and skill shortages, according to a new OECD report.
Statistics : Unemployment rate edges down slightly to 8.6% in May
The unemployment rate for the OECD area fell slightly to 8.6% in May 2010 from 8.7% in April. The general pattern of broad stability continues across most OECD countries.
Economy : migration key to long-term economic growth, says OECD
International migration has fallen during the economic crisis, but as the recovery moves into gear migrants will once again be needed to fill labour and skill shortages, according to a new OECD report.
Statistics : Unemployment rate edges down slightly to 8.6% in May
The unemployment rate for the OECD area fell slightly to 8.6% in May 2010 from 8.7% in April. The general pattern of broad stability continues across most OECD countries.
Statistics : Composite leading indicators point to continued but slower expansion
OECD composite leading indicators (CLIs) for May 2010 continue to point to an expansion but with stronger signals of a slowing pace of growth than in last month's assessment. The CLI for the OECD area increased by 0.1 point in May 2010, the 10th consecutive monthly deceleration.
Statistics : Composite leading indicators point to continued but slower expansion
OECD composite leading indicators (CLIs) for May 2010 continue to point to an expansion but with stronger signals of a slowing pace of growth than in last month's assessment. The CLI for the OECD area increased by 0.1 point in May 2010, the 10th consecutive monthly deceleration.
Statistics : Stockbuilding continued to drive OECD GDP growth in the first quarter of 2010
Real GDP in the OECD area grew by 0.6% in the first quarter of 2010 compared with the last quarter of 2009. Stockbuilding was the main contributor to OECD GDP growth for the third consecutive quarter.
