Word: oecd
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...score is a skeleton to be locked firmly in the closet, one might be forgiven for thinking math is pretty easy. Yet beware! For amongst you—in every pore of the social fabric—lurk the mathematically disinclined. A recent Organization for Economic Cooperation and Development (OECD) survey serves to remind the forgetful just how awful Americans are at math. The U.S. came in 24th out of the 29 OECD countries ranked...
...prices will cool global economic growth next year?and China is expected to continue to be the main contributor to growth in oil demand. The IEA report noted, however, that high prices will "galvanize energy-saving efforts and fuel switching away from oil in China and other non-OECD Asian economies," which will ease price pressures. Kang Wu, an expert at the Honolulu-based East-West Center on China's oil use, predicts China's annual growth rate in oil consumption will fall to 9% next year from 15% this year because of slowing economic growth...
...than from a lack of transparency, the call for greater transparency struck a chord - until it became apparent that greater transparency could apply also to the advanced industrial countries' offshore bank accounts and hedge funds. At that point, some in the U.S. Treasury became decidedly less enthusiastic. Nonetheless, the OECD developed an agreement restricting bank secrecy - an initiative vetoed by the Bush Administration shortly before Sept. 11. In the aftermath of the attacks, the role of these secret bank accounts in financing terrorism was at last recognized, and thus there has been progress in loosening bank secrecy. Capital market liberalization...
...envy of the world, especially in math and science. But the country has been shocked by a couple of recent reports from the Organization for Economic Cooperation and Development. The average performance of German high school students in math and science is now below that seen in most OECD countries, with a worryingly large gap between the strongest and weakest German students. Moreover, only about 1 in 6 of those who graduate from a German secondary school ever completes a university degree, compared with 1 in 3 Britons and Americans. Germany's free public universities are a joke, full...
...teetering at about 0.1 percent of GDP, which puts us in last place among the world’s 22 richest nations. Portugal, Greece and New Zealand all put in double the amount we do in relation to their GDPs, according to the Organization for Economic Cooperation and Development (OECD). In first place is Denmark, which is ten times as generous as we are and gave away 1.06 percent...