It’s great to see so much expertise gathered around the table. It is crucial to discuss how to design housing policies with stakeholders from Committees, Delegations and experts from OECD and academia. Your contributions and expertise are critical for shaping this project.
We are living in an age of pessimism, and there is plenty to be pessimistic about. But yesterday’s discussions showed that you can be optimistic and a realistic too. Although, as I always say, it is even better to be activistic. And that’s why we have gathered here these two days!
The global economy is in a fragile spot. Our latest Economic Outlook projected global GDP growth to slow down to 3.2% this year and improve only to 3.4% in 2020, against a projection of 4% growth a year ago. Across all G7 economies, growth is projected to be lower this year than in 2018.
Mr. Angel Gurría, Secretary-General of the OECD, will participate in the G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, on 17-18 July 2019.
The mission of the French High Commission for Pension Reform is to prepare the reform introducing a universal pension points system in France.
The French economy has slowed, with weaker growth and employment prospects weighing on living standards and well-being. Policy should focus on long-term strategies to revitalise growth, improve public finances, create more and better jobs and ensure a more inclusive and cohesive society, according to a new report from the OECD.
We are here to share ideas and solutions for some of the most fundamental needs and rights of our citizens, the citizens that you, the lawmakers, serve and represent. Challenges like Housing; Energy; Rights in the digital age; Trust; and, the Integrity of elections, of governments, of institutions, will be on the agenda. How timely. How urgent. How pertinent
Today’s Economic Outlook points to a global economy that is losing steam, with the pace of global expansion easing from 3.7% this year to 3.5% in both 2019 and 2020. And one major reason for this is a breakdown in co-operation.
The Fiscal Network is an inspiring example of horizontal collaboration between the Centre for Tax Policy and Administration (CTP), the Economics Department (ECO), the Public Governance Directorate (GOV) and the Centre for Entrepreneurship, SMEs, Regions and Cities (CFE) – as well as their respective committees (CFA, EPC, PGC and RDPC).
The rising tide of protectionist measures, which we are witnessing, is harmful and costly. Recent OECD data has estimated that each dollar of new tariffs costs global households 40 cents, while each dollar of tariff reduction adds 90 cents to global household incomes.