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Governments and central banks have implemented wide-ranging support packages in response to the global crisis. Discretionary fiscal measures, coupled with cyclical revenue losses and expenditure hikes, have resulted in a sharp increase in budget deficits, which are projected to peak at 8¼ per cent of GDP in the OECD area as a whole in 2010. How to get out of this dangerous spiral? How can we address this challenge while at the same
OECD Secretary-General outlines the steps governments should take to boost job creation and reduce unemployment as the global economy strengthens.
In his speech at the Estonian Acadamy of Sciences, the Secretary-General emphasised the value-added of the OECD as a provider of evidence-based policy advice, based on comparative analysis, a multidisciplinary approach and peer learning.
In his speech Angel Gurría emphasised the OECD’s perspective on the challenges ahead for the global economy and the crucial role of multilateral cooperation to build a stronger, fairer, cleaner economy.
"Slovenia’s accession is an important step in our quest to become a hub of dialogue on global issues. Its role as a bridge between East and West will be a great contribution to multilateral dialogue and mutual understanding" said the OECD Secretary-General during the signing ceremony of Slovenia's accession agreement.
A. Gurría congratulated Chile, Estonia, Israel and Slovenia on all of their impressive achievements throughout the accession process.
In this speech delivered at the Council meeting at ministerial level, Angel Gurría highlights some of the OECD's achievements in 2009 and describes how it will help its member countries respond to new challenges ahead.
During this event, A. Gurría said that the number of Parties to the Convention will increase exponentially in the near future, making the Convention a keystone for international tax cooperation.
Speaking at the Urban Roundtable of Mayors and Ministerse, A. Gurría recommended to make the analysis of green growth more systematic and to develop a common set of urban environmental and economic indicators.
Speaking at a conference in Berlin, Angel Gurría says that a new architecture of financial reform together with sustainable fiscal consolidation strategies, structural reforms and efforts to explore new sources of growth will be essential to build a stronger, cleaner and fairer world economy.