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The current economic crisis has exposed the deficiencies of economic global governance and the risk of having a highly integrated global economy with fragmented global economic decision-making and regulation. To improve our impact, we do need stronger, more inclusive and better coordinated international organisations, warned the OECD Secretary-General.
Updated continuously. Includes GDP, national disposable income, saving and net lending/net borrowing as well as real disposable income for the OECD member countries and the Euro area from 1970 to latest data available, in national currency and per head. Source: OECD Annual National Accounts Database .
List of publications for Road to Recovery: Innovation, Jobs & Clean Growth
At the G20 summit in London on 2 April, governments pledged to do all they can to restore confidence, growth and jobs; repair and strengthen the financial system; promote global trade and investment and reject protectionism; and build an inclusive, green and sustainable recovery for all. The OECD worked behind the scenes with G20 governments and other international organisations to help achieve this successful outcome and further our
In his opening address at the Global Forum on Public Governance, OECD's Gurría underlined that building a stronger global economy means building a cleaner global economy.
In the midst of the deepest and most synchronised recession in our lifetimes, OECD's Gurría encourages a policy response which addresses the social impact of the crisis and repairs the financial system.
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How effective are the stimulus packages introduced by OECD countries? This report examines up-to-date data on the stimulus packages introduced by OECD countries and major emerging economies. It includes recommendations on how packages could help achieve both short and long-term economic, social and environmental benefits, including low-carbon growth.
"Governments need to take quick and decisive action to avoid the financial crisis becoming a fully-blown social crisis with scarring effects on vulnerable workers and low income households," OECD Secretary-General Angel Gurría told G8 Labour and Employment Ministers in Rome today.
In his speech delivered at the China Development Forum, Mr. Gurría described the OECD strategic response to the crisis. Stronger means making our economies more resilient and able to deliver durable benefits in terms of material well-being. Cleaner is not only in the sense of environmentally sustainable, but also addressing the “darker” side of globalisation, issues like money laundering, corruption and tax evasion that impede us from
OECD Secretary-General Angel Gurría has warned of a “crisis of globalisation” if governments succumb to protectionist pressures. Speaking to the International Chamber of Commerce in Paris, he said emergency stimulus measures taken by governments during the crisis needed to be carefully conceived and monitored to preserve the long-term strength of the economy.