Quotes about oecd (10 Quotes)



    It is worth noting that, in its revised forecasts for GDP growth, the OECD saw fit to raise its 1999 forecasts for most (euro-zone) member-countries, as compared with its June projections, but lowered those for Germany and Italy.

    Slovakia's joining the OECD in 1999 is totally dependent on meeting economic reforms required such as transparency and legislation that permits fair and open conduct of trade and business.

    The OECD, World Bank and International Monetary Fund have been very effective in identifying standards. But the problem is that they don't have the means, through sanctions or through incentives, to really encourage companies to adhere.

    Israel has been trying to join the OECD since 2000, and it meets the economic and institutional criteria necessary to join this body. The bottom line is, Israeli officials believe that joining the OECD will help Israel attract foreign investment, and could enhance its status as a global market and within international financial institutions,


    A knowledge economy doesn't mean producing doctorates, although there is a perception that higher-level skills drive the economy. It's too simplistic to say that one follows the other. There is no belief at the OECD that the production of advanced degrees is a formula for economic success.

    Koreans - whose food bill as a percentage of income is higher than for citizens of almost all other OECD members - will enjoy lower food prices and a greater selection of fruits and vegetables. Money saved on food can be invested in education, leisure, and cutting-edge IT services - exactly the type of sectors that need to grow to provide future generations with well-paying jobs.

    While global economic growth rates have slowed from the exceptionally high levels of 2004, the emerging economies remain buoyant, offsetting slowing industrial production growth in the OECD (Organization for Economic Cooperation and Development) nations.





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