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Six years after the crisis, growth is not yet back (...) the job crisis, far from being over or even receding, is turning into a social crisis. Job opportunities are falling in Europe, improving very gradually in the US and, too often, of poor quality in many emerging economies.
While unemployment is gradually declining in the United States, Mexico and Japan, it is increasing in the Euro area. In emerging economies, tackling low paid employment in insecure jobs with little social protection remains a key challenge.
This report comes at a crucial time, as the economic recovery remains hesitant and uneven, and when over 48 million people are still out work in the OECD area. Unemployment is a social tragedy that we urgently need to address.
Pese lo incierto del contexto global, hay signos alentadores de que la economía española ha venido corrigiendo sus desequilibrios estructurales.
La reforma administrativa es un proceso multidimensional y complejo que requiere buenas estrategias, continuidad y liderazgo. Debido a su alcance y amplitud, afecta aspectos concretos y palpables de todos los ámbitos de la realidad administrativa.
We have come a long way since 2005, when we launched the Aid for Trade initiative in Hong Kong at the 6th WTO Ministerial Conference. Each successive global review has deepened our analysis and broadened our understanding of the dynamics of aid, trade, development and their interaction. In parallel, more and more partner countries and donors have come on board as the tangible results of our efforts become apparent.
Austria’s prospects are among the strongest in Europe. Activity is picking up, and GDP is poised to increase by at least one and a half per cent next year (...) Austria’s rates of unemployment and youth unemployment remain among the lowest in the European Union, said Angel Gurría.
To better integrate their economies into Global Value Chains, governments need a fine-tuned understanding of their dynamics and policies, and we have made considerable progress on this front. For example, we have learned that success in international markets depends as much on the capacity to import high-quality inputs as on the capacity to export: intermediate inputs account for over 2/3 of the goods and 70% of the services we trade.
Without propriety, integrity, transparency and the engagement of all stakeholders, markets cannot function well. Governments must protect fundamental rights and ensure good governance, fair regulations and transparency, while businesses must acknowledge that operating globally also implies a responsibility for their impact locally.
Russia is a key player in the world economy and therefore already integrated in the complex architecture of Global Economic Governance. Russia’s G20 Presidency and its leadership have underpinned this role further, said Angel Gurría.