Word: oecd
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...conceivable, at least, that the monthly tax could go even higher without incurring too much consumer fury, since France currently enjoys one of the cheapest ISP markets in the developed world. Average monthly Internet access in France costs around $37, which is 37% below the norm for OECD members. That comfort margin may be one reason Sarkozy dared to challenge received thinking on taxing...
...purpose - but this time the Spaniards may have been less willing to play along. Their frustrations with Latin America, and those of the rest of the developed world, were reflected just before the summit last week in a report by the Paris-based Organization of Economic Cooperation & Development. The OECD called the region's economic showing "sub-optimal," and said even its best performers continue "losing ground to their Asian competitors...
...This gloomy assessment comes from the International Energy Agency, the Paris-based organization representing the 26 rich, gas-guzzling member nations of the Organization for Economic Cooperation and Development (OECD). The agency is not known for alarmist warnings, and its World Energy Outlook is typically viewed by policy wonks as a solid indicator of global energy supplies. In a marked change from its traditionally bland, measured tones, the IEA's 2007 report says governments need to make urgent, bold decisions on energy policy, or risk massive environmental and energy-supply crises within two decades - crises and shortages that could spark...
...reflects the scale not just of the meeting but of APEC. The visiting leaders represent 2.7 billion people, 60% of the world's production, half of its trade, and its three biggest economies, the U.S., China and Japan. And while many Australians confuse APEC with ASEAN or even the OECD, no other regional organization matters more to their prosperity. APEC members account for 70% of Australia's trade and 8 of its 10 biggest export markets. And, says Australian Foreign Minister Alexander Downer, "The center of gravity of global affairs is moving more and more to the Asia-Pacific...
...What the OECD data seem to suggest is that you can run a retirement plan that's fiscally sound but stingy, or you can make big promises that will eventually go sour. The U.S. fits mostly in the former category--for all the gnashing of teeth about Social Security, its funding problems are modest by global standards...