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Business 17 Apr 2019 | 12:00 AM

OECD: China’s policy stimulus may worsen economic distortions

BEIJING: China’s stimulus measures will shore up economic growth this year and next but may undermine the country’s drive to control debt and worsen structural distortions over the medium term, according to an Organisation for Economic Co-operation and Development (OECD) report.

Business 03 Aug 2011 | 12:00 AM

Relief on US debt deal but more cuts needed

ATHENS: A last-minute deal on the US debt brings welcome relief but further negotiations involving much bigger cuts will be needed to resolve America's debt problem, the Organisation for Economic Co-operation and Development's (OECD) top official said yesterday.

Business 02 Jul 2011 | 12:00 AM

OECD warns of future unrest in the global economy

Pandemics, cyber attacks, financial crises, civil unrest and geomagnetic storms - these are the five 'global shocks' that could destabilise the global economy, according to a new report by the Organisation for Economic Co-operation and Development (OECD).

Business 04 Dec 2010 | 12:00 AM

Global investments in holding pattern

IN its recent report, the Organisation for Economic Co-operation and Development (OECD) points out that the trend of international investment for next year will remain particularly sensitive to the strength of the global economic recovery in 2011.

Business 19 Oct 2013 | 10:52 AM

OECD criticises US debt deal, sees no real solution

PANAMA CITY:A deal averting the risk of default in the United States this week does not offer a real solution to problems posed by U.S. disputes over debt, the head of the Organisation for Economic Co-operation and Development (OECD) said on Friday.

Economy 29 Oct 2018 | 12:00 AM

Incentives: When and why they make a difference

Fiscal incentives have been a “hot” topic in recent times. The Organisation for Economic Co-operation and Development (OECD) has debated the use of incentives as a tool to attract and retain investments, whilst some governments see them as a means to level the playing field in the competition to attract investments.

Corporate News 14 Mar 2018 | 12:00 AM

OECD: Global economy may grow 4% this year

PARIS: The global economy will grow close to 4% this year and next, better than previously anticipated, according to the Organisation for Economic Co-operation and Development (OECD), which added a warning that a trade war could roll back the gains seen in recent years.

Business 10 Jan 2009 | 12:00 AM

Equities remain attractive

FOR the first time since Second World War, the International Monetary Fund is now expecting growth in the Organisation for Economic Co-operation and Development (OECD) to turn negative in 2009.

Business 05 Mar 2003 | 12:00 AM

Favourable OECD report boosts Aussie to 3-year high

The Australian dollar powered through 61 US cents to a three-year high yesterday after the Organisation for Economic Co-operation and Development (OECD) praised Canberra for its sound management that made Australia one of the world#039;s best performing economies.

Business 29 Mar 2013 | 12:00 AM

US and Japan drive recovery, OECD says eurozone needs rate cut to boost growth

PARIS: The United States and Japan are leading a rebound in advanced economies while the still fragile eurozone needs an interest rate cut to ensure a recovery takes hold, according to the Organisation for Economic Co-operation and Development (OECD).