Headlines explore government campaigns to increase their countries' soft power.
Kim Young-tae, a Korean transport policy expert, on Thursday was named secretary general of the International Transport Forum (ITF), an intergovernmental body under the OECD. It is the first time a Korean has been named to a director position of A7, the highest among grades that range from A1 at the OECD. [...] "Well, Korea as a country has been spotlighted for its rapid development. It rose from the ashes of war. Many countries want to learn how Korea built its top-notch transportation infrastructure in such a short amount of time." He said
Globalisation may not be as old as the hills but it may be as old as Newgrange. Wholesale cultural exchange has been going on for millennia. Peter Frankopan’s new book, The Silk Roads, makes this point as it reframes our history in the context of dynamic interchange between East and West.
The UAE ranked as the world’s largest donor of foreign aid in 2014, proportionately to its national income according to the Organization for Economic Cooperation and Development (OECD).
The annual ranking by the Paris-based Organization for Economic Co-operation and Development says Canada's aid contributions dropped to 0.24 per cent of GDP in 2014, down from 0.27 per cent the previous year.
An OECD report has commended Ireland’s aid programme in tackling hunger and poverty in the developing world. Minister of State Sean Sherlock explains why Irish Aid is so successful. Ireland excels at delivering aid that is effective and reaches those who need it most, the OECD said this week in a major review of the Government’s overseas aid programme, Irish Aid.
Popular hazelnut and cocoa spread Nutella has become such a global product that the OECD decided to use it as a case study in its latest report on global value chains. Some 250,000 tons of Nutella are now sold across 75 countries around the world every year, according to the OECD. But that’s not what’s amazing about it. Nutella, it turns out, is a perfect example of what globalization has meant for popular foodstuffs: Not only is it sold everywhere, but its ingredients are sourced from all over the place too.
The international rules that define what spending rich countries can count as foreign aid – and which developing countries are eligible to receive aid – are up for grabs for the first time in decades, with potential faultlines being drawn over whether donors should be able spend more aid money on support for private companies overseas.