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Britain would be less well off after Brexit: OECD

Britons would be less well off if they voted to leave the European Union than if they stayed, the head of the Organization for Economic Cooperation and Development (OECD) said Wednesday.

Panama Papers: IMF, World Bank, UN, OECD form new group to stop tax erosion

Panama Papers: IMF, World Bank, UN, OECD form new group to stop tax erosion

The International Monetary Fund and the World Bank said on Tuesday they are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards to halt tax base erosion and evasion.

Panama president vows tax cooperation with OECD

Visiting Panamanian President Juan Carlos Varela told a Japanese news agency today that his country would cooperate with an OECD initiative to share tax information in the wake of the "Panama Papers" scandal.

Australia named 'happiest' developed nation again

The overall strength of its economy won Australia the top position in the Better Life Index compiled by the Organization for Economic Cooperation and Development (OECD), BBC News reported.

Mexico's economy to grow in 2013

Mexico's economy, which will grow 3.8 percent this year, will see growth slow to 3.3 percent in 2013 due to weakness in some of its main trade partners before rebounding and growing 3.6 percent in 2014, the Organization for Economic Cooperation and Development, or OECD, said Tuesday.

OECD forecast supports India plans for Southeast Asia

The positive outlook underscores the Indian foreign policy objective of strengthening trade, investment and security ties with the region.