We, in the OECD, share the conviction that investment is one of the key cylinders of the global economy – but it needs new fuel and probably another kick-start to function again properly, in order to support a stronger and more inclusive recovery in Europe and on a global scale.
Sustainable supply chains can transform global trade and development by ensuring that businesses behave responsibly even in countries where social, environmental and human rights standards are weak or not adequately enforced. We have witnessed too often the disastrous consequences that can result if this is not done.
"We have to transition to more transparent, multilateral mechanisms. Thanks to your hard work, taxation is finally catching up with globalisation, making it more redistributive, harnessing its potential for social progress and justice, making people’s lives better. People sometimes forget that this is what taxation, indeed what economics is all about.", said the OECD Secretary-General at the Global Forum.
New data collected by the World Health Organisation shows that outdoor air pollution kills over three and a half million people worldwide every year – far more than was previously estimated. Air pollution has now become the biggest environmental cause of premature death, overtaking poor sanitation and lack of clean drinking water, warned OECD Secretary-General at the International Transport Forum Summit.
Twenty years ago climate change was viewed as just an environmental issue. Today it is squarely an economic issue. Climate change poses significant risks to our economic systems that could result in very large damages. To mitigate these risks we need to radically transform our economies and societies to stop global warming.
Strong growth in emerging countries over much of the past decade has substantially boosted developing countries’ share of the global economy. In 2011, non-OECD countries accounted for more than 50% of the world’s GDP, expressed in purchasing power parities. The BRIICS alone accounted for about 30%, said OECD Secretary-General.
“Our experience has shown that reforms are usually enacted in times of crisis, as there may be no other option,” said OECD Secretary-General Angel Gurría during the Survey launch in Berlin. “However, reform processes should continue in good times. For Germany, this means that the country should act now to embark on a more inclusive and resilient growth path.”
It is my great honour and pleasure to welcome Chancellor Merkel to the OECD to discuss Germany’s challenges and its role in the world economy, said OECD Secretary-General.
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L’OCDE est une conseillère avisée dont les comparaisons, les statistiques et les recommandations sans complaisance lui ont valu son éminente réputation, a déclaré la Chancelière Angela Merkel lors d'une visite au siège de l'Organisation.
OECD Secretary-General Angel Gurría congratulated German Chancellor Angela Merkel on her re-election for a third term.