G20 Trade Ministerial Meeting

Trade policies need to be embodied in effective structural policies to turn potential opportunities into real gains. This is why the OECD so strongly supports the Australian G20 Presidency efforts to better reflect trade and investment as essential elements of a strong, balanced and sustainable framework for growth, jobs, and development, said OECD Secretary-General Angel Gurría.

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B20 Panel: The next wave of global investment: what and where?

Since the start of the crisis, a growing number of OECD countries have been reporting declining inward and outward FDI, a phenomenon that could be described as ‘investment de-globalisation’. Governments must take immediate and vigorous action to reverse such trends by removing unnecessary barriers and complexities that hinder investment, said OECD Secretary-General.

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Presentation of the OECD/WTO/WB publication “Global Value Chains: Challenges, Opportunities and Implications for Policy”, with Mr. Andrew Robb, Minister for Trade, Australia

A good produced in the European Union and exported to the United States may include raw materials from China, Australia, and Malaysia, and it may use services from Japan, Canada, and India. Goods and services are no longer produced in one country and sold to consumers in a second country; production is fragmented around the world and components are traded across borders multiple times.

Addressing policy impediments to private investment in African infrastructure

It is a great pleasure to welcome you to the OECD, and to be here with you to discuss the challenge of financing infrastructure in Africa.

Launch of the 2014 OECD-FAO Agricultural Outlook

This year’s Outlook offers good news. It confirms that globally, production of most agricultural commodities increased in 2013 following the effects of adverse weather conditions a year earlier. But more importantly, it suggests that production will continue to grow to meet the demands of rising populations and higher incomes.

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• OECD-FAO Agricultural Outlook

Launch of PISA Financial Literacy Assessment

The results of this first-ever assessment are a true call for action. We need to step up our global and common efforts to better identify the financial literacy needs of 15-year-olds and explore ways to improve this essential life skill, warned OECD Secretary-General.

Portugal: Deepening Structural Reform to Support Growth and Competitiveness (Remarks by Angel Gurría)

Portugal’s economy appears to be turning the corner. We expect growth of 1.1% this year and 1.4% in 2015, broadly in line with government projections. Unemployment is starting to decline, exports are booming and the public debt is being gradually brought under control. To cement this improving scenario, it is important to maintain the reform agenda, and to continue to address the high levels of corporate debt and public debt.

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• Portugal: Consolidação da reforma estrutural para o apoio ao crescimento (Observações feitas por Angel Gurría)

Launch of the 2014 Perspectives on Global Development

Based on recent trends, many middle-income countries are not growing fast enough to reach average income levels in the OECD countries by 2050. This includes several lower middle-income countries – such as India, Indonesia and Viet Nam – but also countries in the upper middle-income bracket, such as Brazil, Colombia, Mexico, and South Africa, said OECD Secretary-General.

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• Boosting productivity key for developing economies to close income gap with advanced countries, says OECD Development Centre

Third Angus Maddison Development Lecture

Angus Maddison was a “chiffrephile”, whose work enabled us to understand the world we live in through economic history. He believed that numbers sharpened debate. Quantification, he wrote, “is more readily contestable and likely to be contested.”, underlined OECD Secretary-General.

2014 High-Level Meeting of the OECD Development Centre

We live in an interconnected world and, more often than not, the solutions to our most pressing challenges are also interconnected. This is the beauty of development: you can look at what others did and adopt or adapt the best of it. There is no copyright on good policy, said OECD Secretary-General.