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Tackling the economic crisis, implementing structural reforms, generating jobs, mitigating climate change and reversing inequality are huge challenges that we can overcome if we work together, said OECD Secretary-General.
OECD Secretary-General Angel Gurría congratulates the Greek authorities for the successful outcome of the voluntary Greek debt exchange programme.
Green and Growth can go together, provided that the appropriate framework and the right economic and regulatory incentives are in place to encourage sustainable use of our resources and the environment, said Angel Gurría.
Launching the new OECD gender data browser in Chicago, Angel Gurría said that gender is maybe the most underexploited resource for the economy and the society nowadays. Opportunities for women are not equal in education, neither in the labour market, nor in entrepreneurship, or politics, he added.
Celebrating the 50th anniversary of the OECD Development Centre, Angel Gurria said that inequality, climate change and conflict make development a shared global objective with implications for both rich and poor countries.
We have much to learn from the emerging countries and their social and economic transformation in the past decades, and from the recent crisis in the developed world. It is high time we revised our conceptual framework, rethought our conventional wisdom and engaged in best-practise sharing.
The crisis has acted as a catalyst for reforms. While they are sometimes unpopular, painful or both, they are necessary to make longer term growth stronger, more sustainable and more equitable, said OECD Secretary-General Angel Gurría.
To nourish the world population in 2050, we must increase food availability by 70 to 100%. This means that we need to engineer a shift towards policies that support innovation, productivity and sustainability and that provide farmers with the skills they need to grasp the opportunities of strong demand and high prices.
By removing barriers to entry in protected sectors and guaranteeing a level playing field for entrepreneurs, pro-competition reforms can unlock opportunities for investment and for the creation of jobs, said OECD Secretary-General Angel Gurría.
Germany recovered rapidly from the 2008-09 recession, with GDP topping pre-crisis rates during 2011 and unemployment falling significantly. Public finances are sound, but further reforms are needed to transform its growth model to thrive as a knowledge-based economy, says Angel Gurría.