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Organisation for Economic Cooperation and Development News

20 Sep 2019

Global growth to hit 11-year low: OECD

The Paris-based organization had previously expected global growth to accelerate by 3.2 per cent this year and by 3.4 per cent next year.

economic momentum

10 Oct 2016

'Economic growth momentum stable in major economies'

Economic momentum is holding stable in major industrialised economies while growth has settled at a lower rate in Britain after its vote in June to quit the European Union, the OECD`s monthly leading indicators showed on Monday.

Organisation for Economic Cooperation and Development

21 Sep 2016

OECD sees growth flounder as "globalisation stalls"

Global economic growth will flounder this year and next at rates not seen since the financial crisis as the march of globalisation grinds to a halt, the OECD warned on Wednesday.

13 Apr 2016

Panama Papers Leak: Global tax authorities probe scandal

The leak of 11.5 million confidential offshore financial documents from Panamanian law office Mossack Fonseca offered international tax officials meeting in Paris an unprecedented trove of data to delve into alleged wrongdoing, officials said.

24 Nov 2015

Universities in England world's most expensive: Study

Universities in England have emerged as the most expensive anywhere in the world, charging on an average 9,000 pounds a year, according to a new study.

05 Oct 2015

OECD unveils final standards for international tax reforms

With artificial profit shifting causing an estimated USD 240 billion annual loss, Paris-based OECD Monday came out with the final detailed action plan for coherent and transparent international taxation norms for multinationals.

16 Sep 2015

OECD cuts world growth outlook, warns on emerging markets

The OECD cut its world economic growth forecasts for 2015 and 2016 Wednesday, warning of a dramatic slowdown in Brazil and a global outlook clouded by uncertainty over China.

17 Jun 2015

OECD urges global finance reforms to fight inequality

The OECD called Wednesday for financial sector reforms to combat inequality and lift economic growth in developed nations.

11 Jun 2015

India sees 'strongest' growth in first quarter of 2015: OECD

Indian economy saw the "strongest growth" in the first quarter of 2015 among large economies, including China, the US, Germany and Canada, according to Paris-based think tank OECD.

08 Jun 2015

India continues to see stable growth momentum: OECD

Indian economy is witnessing "stable growth momentum" and mixed trends are seen in other parts of the world including China and the US, according to Paris-based think tank OECD.

05 Jun 2015

OECD to strengthen ties with India, other key partners

OECD Secretary General Angel Gurria is steering the strategy to "transform the organisation into a more inclusive, global policy network and a prime forum for evidence-based policy exchange and global standard setting".

03 Jun 2015

India poised for strong growth; GDP to rise 7.3% in 2015: OECD

Meanwhile, India has overtaken China to become the world's fastest growing economy by clocking 7.5 percent GDP for the March quarter. In 2014-15, economy grew 7.3 percent, as per figures released by Central Statistics Office last month.

02 Jun 2015

OECD, `rich nations` club` turns into `do-tank`

The Organisation for Economic Cooperation and Development, derided as a "rich nations` club" that vegetated in its Parisian chateau for decades, has redefined itself as the go-to resource for economic analysis.

26 May 2015

Angel Gurria re-elected to third term as OECD chief

Former Mexican Finance Minister Angel Gurria was re-elected secretary general of the Organisation for Economic Cooperation and Development (OECD) Tuesday, giving him a further six years to press his agenda of innovation ahead.

09 Apr 2015

India poised for better economic growth: OECD

Paris-based think tank OECD Thursday said India's economic expansion continues to firm up even as growth is easing in the neighbouring China.

18 Mar 2015

Indian economy to grow 7.7% in FY'15: OECD

India is poised to grow 7.7 percent this year and 8 percent in 2016 to become the "fastest growing major economy", according to think-tank OECD.

09 Mar 2015

Indian economy sees firming growth trends: OECD

India's economic growth is firming up and prospects are also looking better in most of the other major economies, says Paris-based think tank OECD.

Greek Prime Minister Alexis Tsipras

09 Mar 2015

Greek PM to meet EU chief Friday

Greek Prime Minister Alexis Tsipras will meet with EU chief Jean-Claude Juncker on Friday, his office said Monday, hours ahead of key talks on Athens` financial lifeline.

25 Nov 2014

Stagnant Eurozone poses 'major risk' to world growth: OECD

The weak eurozone economy poses a key threat to global growth, the OECD warned Tuesday, urging more flexibility in fiscal rules for struggling EU members like France and Italy to prevent another recession.

08 Oct 2014

OECD follows IMF with concern about eurozone outlook

The OECD pointed to a weak outlook for growth in the eurozone, particularly in Germany, on Wednesday when its index of leading economic indicators pointed to stable growth elsewhere.

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