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OECD's recommendations on how to decide on appropriate policy in the face of an economic disturbance.
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Speaking at a conference in Berlin, Angel Gurría says that a new architecture of financial reform together with sustainable fiscal consolidation strategies, structural reforms and efforts to explore new sources of growth will be essential to build a stronger, cleaner and fairer world economy.
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如今，中国成为全球第二大经济体，它的需求对于拉动诸多国家的复苏而言发挥着举足轻重的作用。本文借鉴了OECD 几个星期前刚刚发布的中国经济全面评估报告，希望对中国发展高层论坛2010 年会“中国和世界经济：增长·调整·合作”有所贡献。中国的经济增长在不断刷新历史记 录，本文不仅着重探讨了这种增长表现得最为突出的特点，而且指出了中国希望维持快速增长时应该解决的问题。
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The world’s second-largest economy is helping drive the global recovery. But to sustain high growth and social cohesion, China needs to continue rebalancing its economy by boosting public spending on human capital and social services, and further reforming pensions and health care.
Remarks by Pier Carlo Padoan at the release of the 2010 edition Of Going For Growth on March 10, 2010
Going for Growth 2010 takes stock of recent progress in implementing policy reforms to improve labour productivity and utilisation that were identified as priorities in the 2009 edition.
Central banks have responded with exceptional vigour to the crisis by using their traditional interest-rate tools to their limits and deploying a wide range of unconventional measures.
Despite progress in opening up the financial sector to international investors and in allowing domestic investors to invest abroad, liberalisation has been slow and in most market segments the foreign share remains very small.
U.S. President Barack Obama’s plan to separate core commercial banking from some higher-risk activities in financial conglomerates and to place a moratorium on further consolidation could help to avoid a new financial crisis by resolving some major risks inherent to the current financial system.