The global recovery is becoming self-sustained and more broad-based but is taking place at different speeds across countries and regions. Tackling high unemployment, fiscal consolidation and global imbalances remain the key challenges, says OECD Secretary-General.
L’economia italiana si sta riprendendo e noi concordiamo con il governo nell’attenderci per l’anno prossimo una crescita leggermente migliore di quest’anno”, ha dichiarato Angel Gurría. “Non dobbiamo tuttavia sottovalutare il lavoro che resta da svolgere. L’Italia deve ancora fare dei passi in avanti per rafforzare la crescita e diminuire il rischio di futuri shock economici
Well targeted macroeconomic and structural policies would ensure long-term growth for the Italian economy while contributing to healthier public finances, according to the OECD Secretary-General presenting the Economic Survey of Italy in Milan.
Angel Gurría declared that "building on the trust we have established over the years, Russia is advancing on the accession track to become a member of the OECD. The accession process can be seen as a joint initiative to support Russia’s objective of modernising its economy."
"The OECD has absolute confidence in Japan’s capacity to overcome the Great East Japan Earthquake, building on its unique stock of human capital, financial wealth, technology and discipline.", said Angel Gurría for the launch of the OECD’s Economic Survey of Japan in Tokyo.
Cutting the public deficit through a stricter budgeting framework and improving the housing market with taxation and funding reforms are among the recommendations in the OECD’s latest Economic Survey of France.
The capacity of fiscal and monetary policies to further support the recovery is pretty much exhausted, so a new emphasis on implementing structural reforms is the only way to boost growth and job creation, said OECD Secretary-General during the presentation of Going for Growth 2011 in Budapest.
Statement by Secretary-General Angel Gurría at the occasion of the OECD-WB Conference on challenges and policies for promoting inclusive growth, 24-25 March 2011 at OECD, Paris.
The single most important challenge China is facing is that of the shift from export-led growth to an economic and growth model driven by domestic consumption and a better quality of life for its citizens, according to OECD Secretary-General Angel Gurría.
The world economy continues to recover but there is still a considerable dispersion in performance across countries and regions. Dynamic economies, led by China and India, are expected to expand at over 7 percent in both 2011 and 2012. In contrast, OECD countries will expand by only 2.3 percent in 2011 and 2.8 percent in 2012.