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We no longer talk about commitments to change; today, we are making change happen. We are implementing the now universally accepted international standard of transparency and exchange of information, said OECD Secretary-General.
A persistent failure to realise the potential for better water management in the face of growing pressures (population growth, urbanisation, economic development, pollution, mismanagement, floods and droughts) attests to the need for water reform in many parts of the world, said M. Gurría.
The ongoing crisis illustrates all too well the importance of trust and confidence for the proper functioning of our financial systems and, in turn, our economies. Consumers are at the heart of the system. They should feel capable, knowledgeable, safe and secure in their dealings with financial services providers and their intermediaries, said Angel Gurría.
The recent surge in social movements is a clear call for an economy with a more human face. Reconciling long-term economic growth and people’s well-being can be achieved if structural policies focus on what matters most to people in advanced and less-advanced economies alike, said Angel Gurría.
Urgent action must be taken by the governments to tackle high unemployment and growing inequality. Good-quality social policies, particularly those addressed to the most vulnerable, should be seen as sound investments to promote economic growth and well-being, according to Angel Gurría.
Liberalization in the services sector would bring benefits to Germany and to the euro area. It would boost investment and therefore growth in Germany, said A. Gurría.
Tackling the employment challenge and the rise in inequality, the most urgent issues for policy-makers, could be achieved within the current public budgets by using more in-work benefits, or improving equal access and quality of education and training said Angel Gurría.
We have made significant progress promoting development but the levels of world poverty are still unacceptably high. What have we done right? Where have we failed? Where are we moving to in development cooperation? This report addresses these and many other crucial questions.
This Inventory provides reliable and comparable data on support or tax expenditures for fossil fuel production or use in OECD countries. Reforming fossil fuel subsidies can contribute to achieving economic and fiscal objectives, while also tackling environmental problems like climate change.
The era of the sovereign, independent nation state is over. This crisis revealed with blinding clarity the enormous risk of living in an integrated global economy with fragmented international governance. The rise of the G20 has been one of the most important developments in this respect, according to Angel Gurría.