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Poland has made considerable progress in transforming the structure of its economy, but unemployment is still far too high, and restrictive product market regulations continue to hinder economic activity. Reforms are needed for Poland to build on its strong track record and launch itself as an innovation–based economy, Mr Gurría said during the launch.
Norway’s prosperous and well-managed economy is offering admirable levels of economic and social well-being to its citizens, Mr Gurría said during the launch.
As we head towards 2015 and a successor framework to the Millennium Development Goals (MDGs), our common future remains at stake. We are facing a plethora of issues including: growing inequalities; changing consumption patterns and population dynamics; increasing natural resource scarcity; and climate change, said OECD Secretary-General.
La crisis internacional ha obligado a Europa a hacer frente a serios desafíos. Muchos países han respondido con energía a través de ambiciosos paquetes de reformas. Sin embargo, los legados de la crisis, especialmente la elevada tasa de desempleo y las dificultades sociales que lleva aparejadas, siguen siendo graves.
The Global Forum on Competition is a unique opportunity to bring together competition authorities from the developed and developing world to foster a rich and fruitful debate on how competition policy can enhance the performance of market economies, and contribute to improve overall well-being, and rebuild public trust.
Many countries are facing the scourge of slow growth and rising inequality in income and opportunities. They risk being trapped in a vicious circle that could lead to weaker economic performance and greater exclusion. To avoid this, policy action is needed.
Inequality is a multi-dimensional challenge, it goes beyond income and it affects the wellbeing of our people. We need a multidisciplinary policy response and that’s what the Inclusive Growth initiative that we are launching in the OECD will provide.
Although the recovery is strengthening in advanced economies, the growth engine of the world economy is still not firing on all 4 cylinders: high unemployment and widespread underemployment hold back demand; investment is below its long-term trend - so is international trade; and credit to the private sector has been flat in several countries of the G20.
Addressing the G20 progress in the tax field, namely work on the automatic exchange of information and the Base Erosion and Profit Shifting project.
The structural reform recommendations the OECD puts forward today offer governments practical ways to boost productivity, lift growth, create jobs and avoid the low-growth trap, Mr Gurría said.