Education remains a key driver of individual well-being, social progress and inclusive growth. The evidence presented in Education at a Glance 2016 is overwhelming ─ employment, earnings, health outcomes, and life satisfaction are all closely linked to educational attainment and skills.
While much has already been accomplished to strengthen tax compliance and enforcement, there is still further progress to be made. And second, we think that greater consideration needs to be given to the role that tax policy can play to foster trade, investment and growth. Now is a good time to look at the aspects of tax policy and administration that may be undermining investment, which remains too weak, not least in Europe.
Restauring trust in governments, ensuring that globalisation benefits all segments of society is a must. As highlighted by many of you, fighting tax evasion and tax avoidance is one way to address the growing concerns of citizens. The G20 has a success story to share: we have taken up the fight against tax havens and we are now moving towards a fairer tax environment.
Policy matters! The G20 must take bold action to escape the low-growth trap, tackle slowing productivity growth and rising inequalities, and make the most of technological progress while minimizing its disruptive impact. The OECD stands ready to support this effort to achieve, in the words of our Chinese hosts, an innovative, invigorated, interconnected and inclusive growth.
Policy action is moving in the right direction, but we can only escape the self-reinforcing low-growth trap by meeting the aims of the Hangzhou Action Plan to forge a path towards strong, sustainable, balanced and inclusive growth.
The world economy is trapped in three interrelated vicious circles: a “low-growth trap”, a low-growth/low interest rates trap, and at no point in the past 30 years has productivity growth been lower. How do we break these three vicious cycles? A bold and comprehensive, three-pronged policy package is needed, many elements of which are encapsulated in this year’s B20 recommendations.
Today, the challenge of water security is global and it is growing. We estimate that by 2050, over 40% of the global population will live under severe water stress; and as global population increases, so will tensions among different water uses.
Le Secrétaire général de l'OCDE Angel Gurría a salué le cessez-le-feu entre le gouvernement colombien et les rebelles FARC, mettant fin à plus d'un demi-siècle de conflit armé.
I have just written to Prime Minister Renzi. We are thinking of those who lost their lives, their families, their homes, as well as the many others affected by this disaster.
The OECD welcomes the laws of the National Anti-corruption System that were approved by the Parliament on June 16, 2016 and enacted on July 18, 2016, clearing the way for one of the key pillars of Mexico’s structural reform agenda. The promulgation of these laws substantially transforms the anti-corruption architecture of Mexico by putting in place measures that the OECD considers effective.