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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.
Economic recovery appears to have come close to a halt in the major industrialised economies, with falling household and business confidence affecting both world trade and employment, according to Angel Gurría. Growth remains strong in most emerging economies, albeit at a more moderate pace.
Policies that promote job creation, better job opportunities and well-functioning social safety nets are crucial for helping the many who are still struggling to find jobs. These policies are not just spending items in a strained public budget. They are a vital social investment for the future, to help move our economies onto a path of sustainable economic growth and well-being.
Openness is one of the key values that guide the OECD vision for a stronger, cleaner, fairer world. This is why the OECD welcomes the launch of the Open Government Partnership today and the efforts led by Presidents Obama and Rousseff to promote government transparency, fight corruption, empower citizens and maximise the potential of new technologies to strengthen accountability and foster participation in public affairs.