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The OECD Media Division provides up-to-date information on the OECD's work for media around the world. The latest news is below. 
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Economic survey of Norway 2008

20-Aug-2008

The Norwegian economy has benefitted from rising world energy prices, fiscal restraint, successful monetary policy and a capacity to attract foreign labour. But difficult challenges lie ahead. Could the rapid rise in labour costs lead to inflation becoming entrenched? Is rising household debt a serious risk? How can the education system be improved?

GDP in the OECD area rose by 0.2% in the second quarter of 2008

20-Aug-2008

In the United States GDP grew by 0.5% in the second quarter of 2008, higher than in the previous quarter. Japan's GDP declined by 0.6%, the largest quarterly decrease observed since the third quarter of 2001. GDP in the euro area declined by 0.2%, down from 0.7% in the previous quarter.

 

OECD area shows stable unit labour cost growth in Market Services but a strong increase in Industry in first quarter of 2008

18-Aug-2008

All major OECD economies recorded moderate growth in Unit Labour Costs for market services for the first quarter of 2008.

Back to school – OECD work on education to help governments and educators

18-Aug-2008

Good education systems are key to dynamic and healthy economies. OECD measures how education systems and students perform as part of its mission to help education authorities develop effective policies. Over the next few weeks, OECD will publish some pertinent new reports, articles, views and podcasts and hold a three-day conference on higher education at its Paris headquarters. Here is a foretaste of what you can expect at the start of this academic year.

Composite Leading Indicators signal sharper slowdown in OECD area

08-Aug-2008

OECD composite leading indicators for June 2008 indicate a continued weakening outlook for all the major seven economies. The latest data for major non-OECD member economies tentatively point to expansion in China and Brazil and a downturn in India and Russia.

Merchandise trade volume growth remains sluggish in first quarter 2008

31-Jul-2008

Despite a modest recovery of quarterly trade volumes (2.5% for exports and 0.4% for imports), year-on-year import volume growth of the Group of Seven continued to slow in the first quarter 2008 to only 1.0%, the lowest rate since the first quarter 2006. Exports were up 5.6% in the first quarter of 2008 compared with the same period in 2007.

Peru adheres to the OECD Declaration on International Investment

31-Jul-2008

Peru has become the 41st adherent to the OECD Declaration on International Investment and Multinational Enterprises, in recognition of its impressive progress in pursuing investment policy reforms to improve the country's business climate and reduce poverty.

Colombia joins the OECD Development Centre

on 29-Jul-2008

Colombia is the 10th non-OECD member to join the Development Centre. Earlier this year, Poland, Egypt, Israel and Vietnam took their seats at the Centre’s Governing Board as well.

Investment in Russia rising but policy concerns remain, says OECD

31-Jul-2008

Russia’s international investment flows reached record levels in 2007, with USD 52 billion of foreign direct investment (FDI) inflows, but more needs to be done to improve the investment climate, according to a new OECD report.

OECD area shows stable unit labour cost growth in Market Services but a strong increase in Industry in first quarter of 2008

18-Aug-2008

All major OECD economies recorded moderate growth in Unit Labour Costs for market services for the first quarter of 2008.

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