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In his remarks to G20 Finance Ministers, OECD Secretary-General explained that we need decisive economic measures on the supply side that can boost confidence - the touchstone of all our efforts - and can tip the scales towards an upside growth scenario relative to the downside risks.
The OECD has much to offer to the G20 and can help the Presidency to deliver concrete and meaningful outcomes on the issue of financing for investment, said Angel Gurría, OECD Secretary-General.
In his remarks, Angel Gurría noted that this new issue of Going for Growth comes at a time when the likelihood of worst-case economic scenarios has receded but the road to a strong and balanced recovery is still fraught with many challenges.
In his remarks, OECD Secretary-General answers the three following questions: Where is growth going to come from? How sustainable will it be? Who is going to benefit from it?
As our financial and environmental resources become scarcer, our collective creativity, cleverness and originality are valuable and productive assets that remain largely untapped: investing in Knowledge-Based Capital (KBC) is an intelligent strategy to promote long-term and sustainable growth.
About the White Paper on “Australia in the Asian Century”, OECD Secretary-General said this road map represents acommitment to anchoring long-term sustainable growth for the benefit of future generations.
The association between the OECD and the parliamentarians of its Member and partner countries is one of the most effective catalysts for social progress in today’s world, said Angel Gurría, OECD Secretary-General.
Restoring fiscal sustainability remains a priority. But at the same time the seeds of future growth must be carefully sewn, said Angel Gurría at the launch of the 2013 OECD Economic Survey of the United Kingdom.
Korea is well known for its successful transition from hardship to prosperity and technological prowess. This amazing transformation and strong economic performance have allowed the country to make important progress also in the social sphere. However, like most of the members of the OECD, Korea still faces significant challenges to building an equitable and inclusive society.
We are confident that these two reports will help Mexico to strengthen its environmental and water policies in favour of a better quality of life for Mexico’s citizens and a cleaner planet, said A. Gurría.