Speeches / Presentations

  • 23-July-2016


    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


    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


    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.

  • 14-June-2016


    Prospering in a Low-growth Era - Conference of Montreal Keynote Address

    Today’s theme – prospering in a low-growth era – suggests that growth rates have declined permanently and that we should focus on how to prosper in such new conditions. There are many problems facing us today not directly related to the pace of economic growth. Indeed, some challenges, like climate change, may actually be eased by slower growth.

    Related Documents
  • 10-June-2016


    Launch of the 2016 Economic Surveys of the European Union and the Euro Area

    Today we are launching two closely related OECD Economic Surveys, one on the European Union and the other on the Euro Area. How is Europe doing? Compared to the situation in April 2014, when the previous Surveys were released, there are reasons for optimism. Growth has picked up, if only gradually, and spread to virtually all EU countries.

  • 6-June-2016


    Launch of the Economic Survey of the Czech Republic

    It is a great pleasure to be in Prague to launch the 2016 Economic Survey of the Czech Republic. I would like to thank in particular the Minister of Finance as well as the Minister of Trade and Industry and their teams for their support and input on this Survey.

  • 1-June-2016


    Launch of the OECD Economic Outlook, June 2016

    We see the world economy stuck in a low-growth trap. Global growth is projected to continue to limp along at around 3% this year, and to pick up only modestly in 2017. Moreover, this pick-up hinges on avoiding significant downside risks, such as Brexit and financial disruptions in emerging markets linked to high corporate debt and exchange rate risks.

  • 20-May-2016


  • 27-April-2016


    To Brexit or not to Brexit: A Taxing Decision

    Leaving Europe would impose a "Brexit tax" on generations to come. Instead of funding public services, this tax would be a pure deadweight loss, with no economic benefit, said OECD Secretary-General in London.

  • 16-April-2016


    World Bank/IMF April 2016 meetings: Written statement to the International Monetary and Financial Committee

    A pick-up in global growth remains elusive. Disappointing data for the fourth quarter of 2015 has prompted further downward revisions to growth forecasts in most major economies. Global GDP growth is projected to remain at 3% in 2016 – the slowest pace in five years and well below long-run averages – with a slight improvement to 3.3% projected for 2017.

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