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Corruption undermines trust in policy, it erodes the quality of public administration, and it distorts incentives, taking its toll on investment and growth. Corruption also locks in privilege and inequality, and it can be a factor of oppression. In short, we must stop it, said OECD Secretary-General.
The Czech Republic has made impressive progress in terms of living standards since it joined the OECD 20 years ago, but significant room for improvement exists in several areas. As the external environment is not especially supportive at present, the Czech Republic needs to mobilise domestic drivers of growth to further close the income gap with advanced economies, said OECD Secretary-General.
The core message of this year's survey is that to sustain this momentum, and restore the income convergence process vis-à-vis European economies, the Czech Republic must strengthen its domestic economy. The successful growth model of the past, based on Foreign Direct Investments in export-oriented manufacturing and low labour costs, needs to be adapted and broadened, said OECD Secretary-General.
Mexico is upgrading itself, it is modernising its "operating system", generating a virtuous circle that places it amongst the most promising economies in the world. The structural reforms that the government of President Peña Nieto has promoted, together with a solid macroeconomic base, should in principle open up countless opportunities for the country's development, said OECD Secretary-General.
A broad agenda of reforms in four areas – labour markets, education, product markets and innovation – should strengthen Poland’s economy and allow it to continue its path of convergence towards the income levels of the more affluent OECD economies, said Angel Gurría during a seminar in Warsaw.
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.