Speeches / Presentations


  • 28-November-2016

    English

    Launch of the OECD Economic Outlook, November 2016

    The message of this Economic Outlook is that if policy makers can avoid the pitfalls of protectionism and seize the opportunity for collective fiscal action offered by still very low interest rates, combined with high-priority structural reforms, then the global economy can at last escape from the low-growth trap. That would indeed be a vindication of the OECD’s motto: better policies for better lives.

  • 15-October-2016

    English

    October 2016 APEC Finance Ministerial Meeting: Remarks on global and regional economic and financial outlook

    Much of Asia and the Pacific continues to outpace the rest of the world economy. In the last two decades, the economic performance of the region has been remarkable. Per capita income rose by 45 per cent between 1997 and 2014, lifting millions out of poverty. Trade has been the engine of this dynamic performance, but there are signs that it is sputtering.

  • 8-October-2016

    English

    2016 IMF and World Bank Fall Meetings: Written Statement to IMFC

    The world economy remains in a self-fulfilling low-growth trap. Persistent growth disappointments are weighing on current expectations of future growth and feeding into weak trade, investment, productivity, and wages. Breaking out of this trap is essential if strong, sustainable, balanced and inclusive growth is to be achieved.

  • 7-October-2016

    English

    Global Cyclical and Structural Risks - Remarks at Bretton Woods Committee International Council Meeting

    It is a pleasure to be in Washington to address the Bretton Woods Committee on an issue that concerns us all ─ global cyclical and structural risks. We are approaching a decade since the onset of the crisis and the global economy is still struggling to recover its cruising speed. There are several risks on the OECD’s radar. Let me briefly highlight those that we consider particularly dangerous.

  • 7-October-2016

    English

    October 2016 G20 Finance Ministers and Central Bank Governors Meeting: Remarks on the global economic outlook

    We remain stuck in the “low-growth” trap that I mentioned in our previous meetings. We are trapped in a vicious circle of weak global demand and adverse supply-side and structural developments – in such areas as investment, trade and productivity – that are undermining the ability of our economies to grow over the long term.

  • 4-September-2016

    English

    G20 Leaders Hangzhou Summit: Remarks on the global economy

    Policy action is moving in the right direction, but we can only escape the self-reinforcing low-growth trap by meeting the aims of the Hangzhou Action Plan to forge a path towards strong, sustainable, balanced and inclusive growth.

  • 23-July-2016

    English

    July 2016 G20 Finance Ministers and Central Bank Governors Meeting: Remarks on framework for strong, sustainable and balanced growth

    Structural reforms – together with monetary and fiscal policies – are essential to achieving the G20 objective of strong, sustainable and balanced growth. They have been at the heart of the OECD’s work for more than 30 years and courageous decisions at different times in our countries – Canada, Germany, Korea and Spain to name but four – have delivered stronger and more inclusive growth for our citizens.

  • 23-July-2016

    English

    July 2016 G20 Finance Ministers and Central Bank Governors Meeting: Remarks on global economic outlook

    The world economy is stuck in a low-growth trap. We project global GDP growth to remain at only around 3% this year, and barely better in 2017.

  • 15-July-2016

    English

    Pushing ahead for reform in Turkey: Launch of the 2016 Economic Survey of Turkey

    GDP growth has been resilient in Turkey in recent years despite many global and regional headwinds. Annual growth averaged 4.4% in the last four years. Compared to before the global crisis (to 2007) real GDP is 33% higher and 6.4 million net new jobs have been created. This comfortably puts Turkey near the top of the class in terms of post-crisis performance amongst OECD countries.

  • 16-June-2016

    English

    Launch of the 2016 Economic Survey of the United States

    It is a pleasure to be here to present the OECD’s 2016 US Economic Survey. I would like to thank the US Administration ─ in particular Secretary Lew and his Treasury team ─ for their support and input on the Survey, and to Adam Posen and his staff for generously hosting us at the Peterson Institute.

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