Wednesday 1 October
Hôtel de Lassay
128 rue de l'Université, Paris (7th arrondissement)
Welcome reception hosted by the President of the French National Assembly, Claude Bartolone
Thursday 2 October
OECD Conference Centre
2 rue André Pascal, Paris (16th arrondissement) – Room CC4
Anthony Gooch, Director, Public Affairs and Communications Directorate, OECD
|8:00-8:45||Arrival of participants and morning coffee|
The global economic landscape
Education at a Glance
The OECD Employment Outlook
Unemployment will remain well above its pre-crisis levels by the end of next year in most OECD countries, despite modest declines over the rest of 2014 and in 2015. Globally, an estimated 202 million people are unemployed, with many more in low-paid and precarious jobs. Real wage growth has come to a virtual standstill since 2009 in the OECD area and wages actually fell in a number of countries by between 2% and 5% a year on average. This slowdown has been fairly evenly spread across the earnings distribution. However, slower real wage growth, and cuts in wages in some cases, result in real hardship for low-paid workers. Policy makers must ensure in particular that any further wage adjustments are not concentrated among low-earners. Mandatory minimum wages as well as in-work benefits can help underpin the wages of low-paid workers. In terms of job quality there are wide differences between countries and between socio-economic groups, with youth and low-skilled having lower quality jobs. However, preliminary findings suggest that, overall, there is little sign of a trade-off between job quantity and job quality across countries. Moreover, efforts are also needed to address the gap in employment protection between permanent and temporary workers, since temporary jobs are often not an automatic stepping-stone to a permanent job.
Background information: The OECD and the G20
National Growth Strategies
G-20 Finance Ministers and Central Bank Governors agreed in February 2014 to develop policies able to "lift the G-20 collective GDP by more than 2% above the trajectory implied by current policies over the coming 5 years". To that end, G-20 countries have been developing comprehensive Growth Strategies, which will form the basis of a Brisbane Action Plan to be endorsed by Leaders in Brisbane in November. The OECD has contributed substantially to the definition of this target, identifying the areas where reforms would have the most positive impact on GDP. The OECD has also provided an assessment of the reform commitments in countries’ Growth Strategies in two rounds of review, helping to identify the scope for additional efforts to achieve the 2% objective.
Labour and employment: the social dimension
The OECD supports the G20 employment track by reviewing labour market and social developments in G20 countries and highlighting the key policy challenges, as well as by identifying good practices in G20 countries and policy options for a more inclusive labour market tailored to the specific conditions of each country. The OECD has provided extensive support to the G20 Task Force on Employment, notably by contributing to the identification of concrete commitments in the context of the country employment plans, which will feed into the G20 national growth strategies. This includes recommendations on actions to promote a more gender-balanced economy, safer workplaces as well as on policies to tackle structural unemployment and under-employment in low productivity and low paid jobs.
The OECD, in collaboration with the WTO, UNCTAD and the World Bank, has been supporting the G20 trade agenda in the area of global value chains, in order to improve understanding of the impacts of global value chains on growth, industrial structure, development and job creation. The report presented to G20 Trade Ministers identifies a number of actions including reform of services trade, rollback of protectionist measures taken in recent years and active labour market and skills policies. The need to take action on Trade Facilitation is also identified as a key potential contributor to trade-led growth and job creation. OECD has developed trade facilitation indicators for a large number of countries and undertaken extensive analysis to determine the impacts on trade costs which would result from comprehensive trade facilitation reform.
Second meeting of the OECD Parliamentary Group on Tax
In September 2014, the OECD released its first recommendations for a co-ordinated international approach to combat tax avoidance by multinational enterprises, under the OECD/G20 Base Erosion and Profit Shifting Project designed to create a single set of international tax rules to end the erosion of tax bases and the artificial shifting of profits to jurisdictions to avoid paying tax. The OECD recommendations were a key item on the agenda of the G20 finance ministers meeting which took place on 20-21 September in Cairns, Australia.. These recommendations may be impacted by decisions taken with respect to the remaining elements of the BEPS Action Plan, which are scheduled to be presented to G20 Governments for final approval in 2015. At that point Governments will also address implementation measures for the Action Plan as a whole.
On 21 July 2014, the OECD released the full version of the Standard for Automatic Exchange of Financial Account Information in Tax Matters. The Standard calls on governments to obtain detailed account information from their financial institutions and exchange that information automatically with other jurisdictions on an annual basis. The Standard was approved by the OECD Council on 15 July 2014 and was formally presented to G20 Finance Ministers in September. The Global Forum is now collecting commitments from all jurisdictions to implementing the standard by the end of 2018
Seminar venue: OECD Conference Centre
2, rue André Pascal
75775 Paris Cedex 16, France
Tel: 33 (0)1 45 24 82 00
Accommodation: Participants are kindly asked to make their own arrangements. You can find a list of hotels close to the OECD here.
Seminar Languages: Simultaneous interpretation in English and French.