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To sustain future growth, many developing countries are exploring new opportunities through industrial policies to move up value chains, attract foreign direct investment (FDI), increase South-South trade, and tap new markets created by the emerging middle class, said OECD Secretary-General.
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Economic growth has played a major role in lifting people out of poverty. However, there is increasing evidence that many of these people did not move up to the middle classes but into an intermediate state of “vulnerability”. Poverty continues to affect millions of people around the world, said OECD Secretary-General.
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The Aid for Trade Initiative is trying to help least developing countries build their supply-side capacity and trade-related infrastructure so that they can further reap the benefits of trade, said OECD Secretary-General.
Secretary-General Angel Gurría outlined the OECD’s Contribution to International Development: Knowledge Sharing and Policy Coherence at the Joint Centre for Global Development/Africa All United Kingdom Parliamentary Group side event to the High Level Meeting Development Assistance Committee Meeting on “Europe: Aid and Beyond” in London.
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Secretary-General Angel Gurría launched the 2012 Development Co-operation Report “Lessons in linking sustainability and development” at the 48th High Level Meeting of the Development Assistance Committee in London.
OECD Secretary-General Angel Gurría opens the OECD Global Forum on Agriculture 2012 held in Paris.
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OECD Secretary-General Angel Gurría and J. Brian Atwood, Chair of the Development Assistance Committee outline the progress made on the Busan Partnership and the challenges that lie ahead in supporting developing country inclusive growth and resilience.
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OECD Secretary-General Angel Gurría opens the 12th International Economic Forum on Africa, “Promoting Youth Employment: Making the Most of Africa’s Human Resources & Natural Wealth” focused on how Africa can best apply its human and natural resources to drive sustainable and inclusive development.
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Leaders met in Busan and agreed to form the Global Partnership for Development Co-operation to strengthen trust, accountability and knowledge-sharing in development co-operation. Angel Gurría offered some thoughts on each of these objectives.
While China's recent growth trajectory certainly has been notable, the country still faces a number of challenges to build a more inclusive economy as it attains higher levels of prosperity for its citizens, said OECD Secretary-General.
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