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National policies can frame the context for recovery, but it is in the regions and cities where policies meet people, or as the saying goes, where the rubber meets the road, said OECD Secretary-General.
The facts are simple: the bulk of people live in cities and an overwhelming percentage of economic activity originates in cities. So we must find ways to empower cities to set positive trends and lead the way toward stronger, more resilient and inclusive growth.
PISA provides the most comprehensive international comparison of the skills and knowledge of 15-year-olds around the world in mathematics, science and reading. We take stock in three year periods and run the numbers and publish them a year later. Thus, these results correspond to the 2010-2012 period and they are the 5th set we prepare and publish since 2000.
The OECD was born transatlantic since its very origins as the Organisation for European Economic Cooperation in 1948, established in the immediate post-war period to manage and distribute Marshall Plan aid to reconstruct Europe. The centre of gravity of the world economy is now shifting and will continue to do so but this does not mean that the Transatlantic Partnership has a lesser role to play on the global stage, said Angel Gurría.
As the OECD's latest global economic forecast has confirmed, world trade is now growing at an extremely low rate. This brings into stark focus the need for trade negotiators at the WTO to cut a deal to bring a much-needed boost to world trade and the global economy.
The government and citizens of Greece continue their arduous efforts to put the economy back on a sustainable path, despite seemingly insurmountable challenges. The implementation of reforms is key to getting through this tough period and ultimately equipping people with the tools they will need to share the benefits of growth, said OECD Secretary-General.
We know that Greece is undergoing a profound and painful economic adjustment, but we are convinced that continuing down the path of ambitious reform will ultimately see a return to robust, broad-based growth that will improve the well-being of all Greek citizens, said OECD Secretary-General.
We understand how much Greek society has endured these past six years. Reform isn’t easy at the best of times, but it can be even more challenging in the face of a weak economy while at the same time trying to correct a budget deficit. But all crises come to an end. Growth does return. Now is the time to maintain the momentum of Greece’s reform drive, said OECD Secretary-General.
The role of government is to act as an enabler, generating the right conditions for growth and ensuring that its benefits are fairly distributed. Both the Competition Assessment and the Administrative Burden Reduction project can serve as roadmaps to achieve these goals by making it easier to do business in Greece, said OECD Secretary-General.
In Europe, the two most pressing structural policy priorities that must be addressed are the challenge of unemployment and the restoration the health of euro area banks, said OECD Secretary-General in Brussels.