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Jordan signs landmark agreement to strengthen its tax treaties

Jordan has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 93rd jurisdiction to join the Convention, which now covers over 1,653 bilateral tax treaties.




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BEPS Action 5 minimum standard: Transparency on tax rulings continues to increase

As part of continuing efforts to address BEPS concerns, the Inclusive Framework on BEPS has now assessed 112 jurisdictions' progress in spontaneously exchanging information on tax rulings, in accordance with Action 5 of the OECD/G20 BEPS package.




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New OECD self-assessment tool to help tax administrations tackle tax debt and reduce administrative burdens

The OECD today published two self-assessment maturity models on tax debt management and the reduction of compliance burdens, both critical areas for successful tax administration. Maturity models set out descriptions of capabilities and performance in a particular function or set of activities across a number of levels of increasing maturity, in the case of these models from an emerging to an aspirational level.




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Global Forum and World Bank support Madagascar in implementing the international tax transparency standards

The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) and the World Bank carried out a technical assistance mission in Antananarivo on 20-24 January 2020 to assist Madagascar in the implementation of the international tax transparency standards.




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Global Forum and Asian Development Bank delivered a training in Georgia on the implementation of the international tax transparency standards

The Global Forum and the Asian Development Bank held a joint training event on the Exchange of Information on Request Peer Reviews and Implementation of the Automatic Exchange of Information Standard from 17 January to 31 January 2020 in Tbilisi, Georgia.




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Public comments received on the 2020 Review of Country-by-Country Reporting (BEPS Action 13 Minimum Standard)

On 6 Feburary 2020, interested parties were invited to provide comments on the Review of the BEPS Action 13 minimum standard. The OECD is grateful to the commentators for their input and now publishes the public comments received.




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OECD issues recommendations on implications of the COVID-19 crisis on cross-border workers and other related cross-border matters

At the request of concerned countries, the OECD Secretariat has issued guidance on these issues based on a careful analysis of the international tax treaty rules.




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Canada Exports Agricultural, Lawn&Garden Machinery&Equipment

Exports (Bop) - Agricultural, Lawn&Garden Machinery&Equipment in Canada increased to 123.10 CAD Million in March from 115.60 CAD Million in February of 2020. Exports (Bop) - Agricultural, Lawn&Garden Machiner in Canada averaged 90.02 CAD Million from 1988 until 2020, reaching an all time high of 173.60 CAD Million in November of 1997 and a record low of 42.20 CAD Million in October of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Agricultural, Lawn&garden Mach.




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Colombia and Mexico sign international tax, human rights and clean business standards

Colombia and Mexico are a step closer to beneffiting from cross border tax co-operation and information sharing. Colombia has signed, and Mexico has deposited its instrument of ratification for the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.




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Third Annual High-Level Anti-Corruption Conference for G20 Governments and Business

Co-organised by the G20 Russian Presidency and the OECD, with UNODC support, this conference focused on promoting transparency and integrity in organising sport and other major events and cutting-edge measures for governments and business to combat corruption.




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Global Value Chains offer major opportunity for growth and progress in advanced and developing economies, according to OECD-WTO-UNCTAD report to G20

Global value chains (GVCs) have become a dominant feature of world trade and investment, offering new prospects for growth, development and jobs, according to a new joint report by the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD).




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Jordan signs OECD agreement to strengthen investment climate

Jordan has become the 46th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. This adherence bears witness to the determination that Jordan holds towards strengthening the liberalisation of investment, increasing its integration into the world economy and promoting responsible business conduct.




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Lack of enforcement jeopardises South Africa’s fight against foreign bribery; OECD concerned that political and economic considerations may be an influence

South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery.




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Implementing new international standards for compiling FDI statistics

In 2014, many countries implemented the latest international guidelines for compiling FDI statistics. The new standards have resulted in significant changes in FDI statistics, including new measures of FDI at the global level.




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Investigating corruption: OECD gets award for its work on foreign bribery enforcement

24 September 2015 - At the 2015 Global Investigations Review awards, the OECD collected the prize for the "most important investigations development" category. The OECD was given the award in recognition of its tireless work promoting foreign bribery enforcement around the world.




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Mejorar la coordinación entre los distintos niveles de gobierno en Colombia permitirá a una inversión pública más eficiente

La inversión pública en Colombia ha aumentado sustancialmente en los últimos años hasta alcanzar casi el 4% del PIB, una cifra superior a la media OCDE de 3.2%. Sin embargo, según indica un nuevo informe de la OCDE, para hacer frente a la brecha en infraestructuras y para superar las desigualdades territoriales será necesario que el país mantenga y amplíe sus esfuerzos en materia de inversión.




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Seminar on open and orderly capital movements

Co-organised by the OECD and the German Federal Ministry of Finance, the seminar focused on the policy implications of the increasingly interconnected global financial and economic system and the need for an open and orderly regime for capital flows in the context of the review of the OECD Code of Liberalisation of Capital Movements.




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High acquittal rate jeopardises Finland's efforts to combat foreign bribery

Finland has proactively investigated seven allegations of Finnish individuals or companies paying bribes to foreign public officials since 1999 but needs to address its discouragingly high acquittal rate.




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Continued slowdown in productivity growth weighs down on living standards

The slowdown in productivity growth - already underway before the crisis – combined with sluggish investment, continued to undermine rises in economic output and material living standards in recent years in many of the world’s economies, according to a new report released today by the OECD.




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OECD Business and Finance Scoreboard

The OECD Business and Finance Scoreboard accompanies the OECD Business and Finance Outlook by providing a commented overview of selected indicators and data related to corporate performance, banking, capital markets, pensions and investments.




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Open and Orderly Capital Movements: Interventions from the 2016 OECD High-Level Seminar

This collection compiles the contributions of senior policy experts, academics, and economic practitioners on developments in the financial integration and financial regulation of cross-border capital flows since the 2008 global financial crisis at the OECD High-Level Seminar “Open and Orderly Capital Movements” held in October 2016.




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Towards an international framework for investment facilitation

Many governments seek to promote and facilitate inward investments that they expect will benefit their economy. This paper looks at the merits of an international framework to facilitate investment in support of sustainable and inclusive growth.




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Obesity: Mardi Gras - how fat are people this Tuesday?

More people in developed countries are overweight or obese than ever before, dooming them to years of ill-health and early death. New OECD data show however that in some countries obesity rates are slowing, and that’s good news for people’s health and government budgets.




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ICTs and the Health Sector: Towards Smarter Health and Wellness Models

The future sustainability of health systems will depend on how well governments are able to anticipate and respond to efficiency and quality of care challenges. Bold action is required, as well as willingness to test innovative care delivery approaches. This book examines the whole new world of possibilities in using mobiles and the Internet to address healthcare challenges.




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Toward New Models for Innovative Governance of Biomedecine and Health Technologies

This report examines examples of new and emerging governance models to support responsible development of diagnostics and treatments based on the latest advances in biomedicine. It identifies some of the main challenges for policy makers, regulators and other communities involved in the translation of biomedical innovation and health technologies from the lab bench to point of care.




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Sweden has excellent health care but must improve care co-ordination, says OECD

Sweden’s health and elderly care systems deserve their reputation as being among the best in the world. Yet an ageing population with growing chronic conditions and requiring more complex health services are testing Sweden’s ability to continue delivering high-quality care, according to a new OECD report.




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Most Asia/Pacific countries need to improve affordable access to healthcare, says OECD

Countries in the Asia/Pacific region need to step up their efforts to give more people access to affordable, quality health care. Too many people, especially women, cannot get the medical treatment they need due to high costs, difficulties in getting permission to see a doctor or a lack of health care providers in rural areas, according to a new OECD report.




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Rising diabetes and obesity threaten progress in tackling cardiovascular diseases

Rising levels of obesity and diabetes around the world could halt a trend of decreasing mortality rates for cardiovascular diseases, such as strokes and heart attacks, and even cause rates to start rising again, particularly among younger people, according to a new OECD report.




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The microbiome, diet and health: Towards a science and innovation agenda

There is now strong evidence that microbiomes play an important role in human health, as there are clear linkages to many major non-communicable diseases. This report assesses the key policy challenges for innovation in the microbiome. It argues that if such a promising scientific field is to lead to innovative applications, policies on science and innovation must be improved in five areas.




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Global value chains offer opportunities for growth, jobs and development, but more must be done so all countries and firms can participate equally, according to a new OECD-WTO-World Bank Group report

Global Value Chains (GVCs) are a dominant feature of the world economy that impact growth, jobs and development, but numerous challenges remain to ensure that all countries and all firms have the opportunity to participate and benefit.




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Cardiovascular Disease and Diabetes: Australia

Australia has been successful at reducing the mortality due to cardiovascular diseases. The mortality from cardiovascular diseases (CVD) has decreased over the past 50 years at a faster pace than the OECD average, reaching 208 per 100 000 population, 30% lower than the OECD average of 299 in 2011.




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OECD Science, Technology and Industry Scoreboard 2017 - Australia highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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The Heavy Burden of Obesity: Key findings for Australia

Australia has one of the highest rates of obesity: nearly one in three adults are obese. As a result, Australians live on average 2.7 years less due to overweight. The impact on the economy is large: overweight accounts for 8.6% of health expenditure; and lowers labour market outputs by the equivalent of 371 thousand full time workers per year. Combined, this means that overweight reduces Australia’s GDP by 3.1%.




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Official visit of the Secretary-General to Japan (Tokyo, 23rd - 25th April 2012)

On the occasion of his visit, Angel Gurría presented the brochure "Policies for a revitalisation of Japan" and met with government and business representatives.




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Japan: Advancing the third arrow for a resilient economy and inclusive growth

After two decades of low growth and persistent deflation, Japan is showing signs of renewed economic dynamism. But to regain its primacy as a leading economic powerhouse and raise the well-being of its citizens, Japan needs a structural reform package to narrow the productivity gap with leading OECD countries, notably by increasing the labour participation of women and older citizens.




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Abenomics’ ‘third arrow’ key to revitalising Japan’s economy

The Japanese economy is on a path to stronger growth, but fundamental structural reforms are urgently needed to promote a more robust recovery, address high levels of government debt and reverse a trend toward declining living standards, according to the latest OECD Economic Survey of Japan.




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Cardiovascular Disease and Diabetes: Japan

Japan has been successful at reducing the mortality due to cardiovascular diseases (CVD) but there is room to reduce the burden of CVD and diabetes even more.




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Cardiovascular Disease and Diabetes: Japan - in Japanese

日本は心疾患による死亡率を減少させるのに成功したが、心疾患と糖尿病の負担をさらに減らす余 地は残されている




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OECD Science, Technology and Industry Scoreboard 2017 - Japan highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Tax: Jurisdictions move towards full tax transparency

Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.




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OECD report on vocational training in Austria calls for continued diversity and increased co-ordination

There are few OECD countries where vocational education and training (VET) is held in such high regard or takes so many forms as in Austria. Some 60 percent of young Austrians aged between 25 and 34 have completed a VET course below tertiary level (vocational school or technical college).




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OECD report on labour migration in Austria: the need to improve the RWR Card

This publication analyses the reform and the Austrian labour migration management system in international comparison.




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OECD Science, Technology and Industry Scoreboard 2017 - Austria highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Towards green investment policy framework: The Case of Low-Carbon, Climate-Resilient Infrastructure - Environment Working Paper No. 48

This report advances a “green investment policy framework” taking infrastructure investment as a starting point and looking only at climate change mitigation and adaptation. It highlights the significant opportunities and many challenges that exist today in both developed and developing countries to transition to low-carbon, climate-resilient (LCR) development through investment in both renovated and in new infrastructure.




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Banking in a challenging environment: Business models, ethics and approaches towards risks

This article summarises discussions from a financial roundtable addressing concerns about structural flaws in the way banks operate and are being regulated and supervised in the wake of on-going banking sector problems involving financial fraud and banking scandals.




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3rd International Meeting on Terrorism Risk Insurance

Washington DC, 10 September 2014: This meeting addressed the evolution of the terrorism threat, the availability and affordability of terrorism risk insurance, the financial liability of governments and short and long-term perspectives.




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The post-2015 agenda must steer a transformational shift towards sustainable development

As the Millennium Development Goals (MDGs) approach their expiry date, we must focus our efforts on ensuring a brighter, more inclusive and sustainable future for all. We face a plethora of common issues: growing inequalities; changing consumption patterns and population dynamics; increasing natural resource scarcity; and ongoing illicit financial flows.




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3rd Global Policy Research Symposium to Advance Financial Literacy

The 2015 OECD-GFLEC symposium is addressing financial literacy for micro, small and medium-sized enterprises and harnessing financial education to spur entrepreneurship and innovation.




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3rd Global Forum on Responsible Business Conduct : 18-19 June 2015, OECD Conference Centre – Open to media

Responsible business conduct (RBC) is an essential part of an open international investment climate. The activities of multinational enterprises often span multiple countries and many cultural, legal, and regulatory environments.




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Keeping capital flows orderly

2 December 2015 - The global financial and economic crisis of 2008 left the international monetary system with vulnerabilities caused by volatile capital flows and spillovers from national policy responses. The current policy environment has moved multilateral co-operation, openness and transparency to the top of the capital flow policy agenda.