The Organization for Economic Cooperation and Development has released a plan for the design of international standards to prevent abuse of rules such as the one that lets companies avoid paying taxes in two countries.
Nacion.com reports that "The secretary general of the OECD, Miguel Angel Gurría, accompanied by the G20 finance ministers, today in Moscow presented an ambitious plan to combat the shortcomings of countries tax systems and halting tax evasion by multinationals. "
A “Made in the World” initiative has been launched by the WTO to support the exchange of projects, experiences and practical approaches in measuring and analysing trade in value added terms.
Today, companies divide their operations across the world, from the design of the product and manufacturing of components to assembly and marketing, creating international production chains. More and more products are “Made in the World” rather than “Made in the UK” or “Made in France”. The statistical bias created by attributing the full commercial value to the last country of origin can pervert the political debate on the origin of the imbalances and lead to misguided, and hence counter-productive, decisions. The challenge is to find the right statistical bridges between the different statistical frameworks and national accounting systems to ensure that international interactions resulting from globalization are properly reflected and to facilitate cross border dialogue between national decision makers.
Beyond appearances and the sense of belonging in Latin America, there are at least two Latin Americas when it comes to culture, politics and economy.
The establishment of democracy in the new Latin America is a vital metamorphosis that for a long time was not expected. Is its a historical refutation of those ideologists who condemn some nations to despotism in name of some not so well known cultural differentiation? It is also a refutation of those ultra-liberals in Latin America, wayward disciples of Milton Friedman who for a long time preferred the "illustrated despotism" of the generals in order to get to the market economy: Pinochetism is now presented as a local accident, not as a need.
The 13th International Convention on Human Resources, to be held August 6 and 7 in Guatemala City, will study the profession's development in the context of globalization.
Some 400 human resources managers are expected to attend the gathering. "We want to organize an event that helps the development of professionals in the field of people management," said Sara Letona, president of the Guatemala Association of Human ResourcesManagers.
PRONicaragua, is the Nicaraguan Investment Promotion Agency, established in 2002. We are a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The Agency provides complimentary support services to qualified investors seeking investment opportunities in our country.
Operates in Nicaragua
Phone: (505) 2270 6400
Key representative/s from the Guatemalan Exporters’ Association last 13-15 October attended the 8th TPO Network World Conference to exchange ideas and best practice around stimulating export-led economic growth and meeting the urgent challenges in the sector.