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Speeches / Presentations
In his remarks delivered at the International Economic Forum of the Americas, Mr. Gurría affirmed that innovation will be the key to foster economic growth and to tackle the major global and social challenges of our time: persistent poverty, unemployment, climate change, water management, and health care.
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.
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This is the OECD Paper for Session 1 on ―How the global economy headed into crisis‖ at the G20 Workshop on the Causes of the Crisis: Key Lessons Mumbai.
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.
"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.
The current crisis offers governments the opportunity to combine emergency action with the important structural reforms needed to improve long-term growth and resilience in their economies, according to the OECD Secretary-General.
Today’s report is designed to help OECD countries pursue reforms that will raise their long-term living standards. This year’s Going for Growth is special in that it comes at a time when OECD countries are faced with the most severe financial and economic crises in a lifetime.