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We are launching today our sixth Economic Survey of Brazil. Today Brazil has one of the world’s largest economies. Its economic growth has been reasonable, even though the global economy is still facing the problems created by the financial crisis and its recovery has been hesitant and uneven.
Nos urge elevar nuestra productividad, la generación de empleos formales, el nivel educativo y la calidad de los servicios públicos, entre otros, para que los beneficios del crecimiento se repartan con justicia. El impulso reformista de la región debe aspirar a un crecimiento incluyente y sostenible.
OECD Secretary-General Angel Gurría said that while OECD countries breathed a sigh of relief following the U.S. Congress’ steps to lift the debt ceiling and to end the partial federal government shutdown a longer term solution will need to be found.
The economic recovery is slowly gathering pace. Yet, rates of investment have been falling over the past decade and in many advanced countries are at historically low levels.
The pace of recovery in the major advanced economies has improved this year and growth in China appears to have passed a trough, but growth prospects now look weaker in several major emerging economies. A sustainable recovery is not yet firmly established and important risks remain.
We need to design a new vision, a new agenda and a unique post-2015 framework addressing economic, social and environmental challenges in a more integrated manner, said Angel Gurría, OECD Secretary-General and Erik Solheim, Chairman of the OECD Development Assistance Committee.
Growth rates in the major advanced economies picked up in the first half of 2013 and should be maintained through the second half of the year. Activity is expanding at an encouraging pace in North America, Japan and the United Kingdom, while the euro area as a whole is no longer in recession.
There is no simple remedy for fixing the post-crisis global economy. But three key ingredients for sustainable long-term growth are jobs, equality and trust, said OECD Secretary-General in Washington.
The past five years of global economic slowdown and the persisting political uncertainties had a tremendous impact on the economic and social situation and the prospects of the people in the Arab Countries in Transition. Promoting SMEs and supporting women economic participation will be crucial in the region, said OECD Secretary-General.
The current political deadlock in the United States is needlessly putting at risk the stability and growth not only of the US but also the world economy. This comes at a time when a fragile recovery in advanced economies was underway, and when a number of emerging economies were already facing new risks.