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  • 15-July-2020

    English

    UNIDO International Conference - Women in Industry and Innovation: Building women‘s resilience to global challenges and emerging crises

    This crisis can be particularly damaging for industries in which many women work, such as air travel, tourism, retail activities, accommodation, food and beverage. In OECD countries, women represent close to half of employment in the air transport industry, 53% in food and beverage services, and 60% in accommodation. Some manufacturing industries with strong participation of women are also facing severe disruption.

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  • 15-July-2020

    English

    Virtual Launch of the 2020 Economic Survey of Costa Rica

    In this challenging context, I would like to first congratulate the Costa Rican authorities for the innovative measures adopted to respond to the pandemic and to protect the most vulnerable. For instance, Bono Proteger, a cash transfer programme aimed to support informal, self-employed workers, as well as those who have lost their jobs, has proved a key measure to support those most in need.

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  • 13-July-2020

    English

    Informality and Social Inclusion in the times of COVID-19: OECD-LAC Social Inclusion Ministerial Summit

    The economic slowdown that we were already experiencing worsened due to lockdown measures, the fall in global economic activity, and the disruption to international trade that had already been weakened by trade tensions is further complicated by the interruption of global value chains. We also anticipate a decline in remittances, tourism and foreign direct investment.

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  • 10-July-2020

    English

    Forum PA 2020 : Digital transformation and sustainable development: two Italian and European objectives that must be pursued together

    Throughout this crisis, I have stressed that the choice between health and the economy is a false dilemma. Another false dilemma is the choice between a vigorous recovery and sustainability. We must pursue both objectives together.

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  • 9-July-2020

    English

    Launch of the 2020 OECD Economic Survey of the United States

    The unemployment rate has also risen precipitously in recent months, reaching 14.7% in April before falling back to 11.1% in June. Worryingly, the last time the US unemployment rate exceeded the recent peak was during the Great Depression.

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  • 8-July-2020

    English

    ILO Global Summit - COVID-19 and the World of Work

    This deep recession has already been reflected in the labour market: the OECD-wide unemployment rate rose sharply from 5.2% in February to 8.4% in May. It is expected to increase further to 9.4% by the end of the year, again assuming a single wave of infection, and to fall back only gradually to 7.7% by the end of 2021.

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  • 8-July-2020

    English

    High-Level Ministerial Conference: Tackling the COVID-19 Crisis – Restoring Sustainable Flows of Capital and Robust Financing for Development

    Because of the COVID crisis, and unlike in 2008/09, ALL sources of financing for development are under stress - even remittances plunged. We estimate private external financing flows to developing countries to drop by USD 700 billion in 2020, a shock which will be concomitant with a fall in tax revenues, by far the largest and most sustainable source of financing in developing countries, at about USD 5 trillion every year.

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  • 7-July-2020

    English

    Launch of the 2020 Employment Outlook

    We are witnessing a sharp drop in economic activity caused by lockdowns and by households and firms curtailing their spending. We estimate that the level of GDP OECD-wide in the second quarter of 2020 was 15% lower than in the fourth quarter of 2019.

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  • 1-July-2020

    English

    Meeting of the Inclusive Framework on BEPS

    We meet at an extremely challenging time. The COVID-19 pandemic has created a global health and economic crisis, as well as a crisis of confidence. The disruptions it has caused have forced delays in policy implementation, increased pressure on national budgets, and raised uncertainty about the future.

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  • 1-July-2020

    Spanish

    Reunión Ordinaria del Consejo del Mercado Común (CMC) y de la Cumbre de Presidentes del MERCOSUR y Estados Asociados

    El COVID-19 está teniendo un gran costo en términos de sufrimiento y vidas humanas. América Latina es hoy el epicentro de la pandemia de Covid-19 con más de 2,5 millones de casos confirmados y 100.000 vidas perdidas.

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