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Increased productivity, green-growth and more open markets will be essential if the food and nutrition requirements of future generations are to be met. Governments should also renounce trade-distorting practices and create an enabling environment for a thriving and sustainable agriculture underpinned by improved productivity, said OECD Secretary-General Angel Gurría.
Governments should use every possible means at their disposal to help jobseekers, especially young people, by removing barriers to job creation and investing in their education and skills. The young are at most risk of long-term damage to their careers and livelihoods, said Angel Gurría.
Leaders met in Busan and agreed to form the Global Partnership for Development Co-operation to strengthen trust, accountability and knowledge-sharing in development co-operation. Angel Gurría offered some thoughts on each of these objectives.
International migration flows are an extraordinary source of change, progress and integration. These flows have built our nations and they keep being essential for the functioning of our economies, both in sender and host countries, said OECD Secretary-General in Brussels.
Despite important achievements, sustainable development is still a challenge, not a reality. In moving forward, we need to ensure that our policies have a stronger focus on sustainability and inclusion, in particular in developing countries, even more than elsewhere, said OECD Secretary-General at Rio+20.
Our contributions to the G20 anti-corruption work have spanned from strengthening enforcement of foreign bribery laws to drawing G20 principles on asset disclosure or whistleblower protection, and making public procurement cleaner and more effective to fight solicitation, said OECD Secretary-General.
Speaking at Los Cabos G20 Summit, Angel Gurría underlined the urgency of tackling the steep rise in youth joblessness that took place during the crisis. Labour market programmes, including effective counselling, job-search assistance and temporary hiring subsidies for low skilled youth, can make a real difference in facilitating the transition to productive and rewarding jobs for young jobseekers.
Policy makers must avoid the downside scenario of a major shock to the European and global financial systems. Europe has to mobilize its strengths, and put out the immediate fires associated with the spiraling banking and sovereign debt crisis, said OECD Secretary-General.
Given the systemic dimension and country spill-overs in certain catastrophic risks, the G20 is well suited to play an important role through the exchange of best practices and experiences to address events that, according to our analysis, cost the world economy nearly $350 billion last year.
The economic crisis that started in 2007 gave rise to a crisis of legitimacy and a widespread collapse of trust in markets, in firms, and in the governance of our economies. We need to build up that trust again and the OECD Guidelines for Multinational Enterprises and the OECD Anti-Bribery Convention are essential tools for fighting bribery and promoting responsible corporate behaviour.