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Vigorous competition stimulates productivity and the innovation that is vital for fostering new sources of growth and competitiveness. It prevents market capture by incumbents or large firms. Competitive markets create new employment opportunities, and increase the access of consumers to cheaper and better quality products. Fair competition is one of the oldest pillars of economic progress, according to OECD Secretary-General.
For over 50 years, the OECD has provided fact-based analysis and policy advice to help governments improve the lives of their citizens. In these challenging economic times, we benefit from the European Parliament insights and perspectives in order to remain relevant and establish a more solid connection between public policy and the people for which policy is made, says OECD Secretary-General.
The aim of the OECD Green Growth Strategy is to provide a clear framework for how countries can achieve economic growth and development while at the same time preventing costly environmental degradation, climate change and inefficient use of natural resources.
At this roundtable, M. Gurría concluded that the topic of fairness and intergenerational solidarity is an essential part of our responsibility today and will be essential for the creation of a stronger, cleaner, fairer world economy tomorrow.
The world economy is recovering, but many challenges remain to eliminate global imbalances. Countries must address the crucial question of capital movements while deepening their commitment to structural reforms, according to OECD Secretary-General Angel Gurría.
The European Union faces serious challenges today, with public finances in poor shape, weak long-term growth prospects and an unemployment level close to 10%. In this context, the regional policy can play a crucial role to unleash the growth potential of our economies, says OECD Secretary-General.
In his remarks for the launch of the Economic Survey of Sweden, Angel Gurría said that 'Sweden is recovering quickly and robustly from the crisis (...) in large part thanks to the sound macroeconomic and structural policies Sweden has pursued over the past couple of decades.'
Bid rigging costs governments and taxpayers billions of dollars every year. In 2011, the OECD will for the first time directly assist a member country, Mexico, as it implements tighter public procurement processes.
OECD Secretary-General Angel Gurría reaffirmed the Organisation's support to G20 at an event to mark the OECD 50th anniversary and the start of the French G20 presidency.
At COP16, Angel Gurría stated that "Green and Growth go well together and can become a win-win outcome for advanced, emerging and developing countries. (...) Cancun should; Cancun must; Cancun can!"