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We are talking about two very different regions, in historic, economic and social terms, but both regions are in great need of structural reforms and they can learn a lot from one another. In today’s globalised and increasingly interconnected world, the common challenges and threats we face demand common solutions.
OECD GDP rose by 0.4% in the first quarter of 2014, but with large diverging patterns across countries
By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.
The next NERO/OECD meeting takes place on 16 June 2014. NERO is a network of National Economic Research Organisations which exchanges information, discusses evolving research agendas and identifies new issues. The OECD acts as a facilitator in this process, and hosts meetings of NERO representatives.
Composite leading indicators point to weakening growth in major emerging economies but stable growth momentum in most OECD countries
“Our experience has shown that reforms are usually enacted in times of crisis, as there may be no other option,” said OECD Secretary-General Angel Gurría during the Survey launch in Berlin. “However, reform processes should continue in good times. For Germany, this means that the country should act now to embark on a more inclusive and resilient growth path.”
Building on the success of past reforms, Germany should continue to further wellbeing by improving financial sector resilience, strengthening productivity in services and making economic growth more inclusive and green.
Germany’s current economic success offers a good platform for achieving sustainable and inclusive growth, but further reforms will be necessary over the medium and long term, according to the latest OECD Economic Survey of Germany.
OECD annual inflation picks up to 1.6% in March 2014 but slows in Euro area
English, PDF, 2,148kb
Prepared for the Meeting of the OECD Council at Ministerial level on 6-7 May 2014, this report pulls together the work on financial issues carried out by the Directorate for Enterprise and Financial Affairs over the past two years in connection with the New Approaches to Economic Challenges (NAEC) initiative. Find out more at www.oecd.org/naec.