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Es un placer participar en este décimo Encuentro Empresarial Iberoamericano, no sólo porque tiene lugar en mi país, en el bello Puerto de Veracruz, sino también porque el tema que vamos a abordar es de enorme relevancia para Iberoamérica: la innovación como motor de desarrollo.
Six years into the crisis, people’s faith in government is stagnating at record lows. The 2014 Edelman Trust Barometer shows a continuing decline of trust in government to 44%, down from 48% in 2013. Only 15% of respondents in the 27 countries surveyed this year said they trusted their government leaders to make ethical and moral decisions.
Corruption is at the very heart of this mistrust. Among those who reported trusting business or government less over the past year, the most frequently given reason was corruption or fraud. We have to step up our efforts to combat corruption and recover public trust.
Green is not only compatible with growth; green is a source of growth. Sweden was one of the first countries to understand this and showed tremendous leadership when it introduced the world’s first carbon tax in 1991, amidst the economic crisis. Yet there is so much more that can be done to foster a fast transition to a low-carbon world whilst creating the competitive economies of the future.
On the occasion of the OECD High Level Policy Forum on Migration taking place on December 1 and 2 2014, Secretary General Angel Gurria congratulates President Obama on taking action to address the unsustainable situation of undocumented immigrants.
The global migration context is fast evolving. The number of educated migrants is increasing rapidly: inflows of tertiary-educated migrants in the OECD increased by 70% over the past decade. The economic crisis has had profound consequences on the size and composition of migration flows.
The relevance of migrants has never been so evident. One in ten persons in the OECD is foreign-born, that is more than 115 million people. And, albeit modestly, migration flows to the OECD countries are on the rise again after the slowdown associated with the global financial crisis,having increased by 1% in 2013 compared to 2012.
Meeting Greece’s Minister of Development and Competitiveness Mr. Kostas Skrekas today, OECD Secretary General Angel Gurría said the Greek government’s reform programme was already showing positive results.
By 2050, the world’s population will have risen to 9 billion. By then, the demand for water will have risen by 55% and demand for food by 60%. And on top of this, a world economy that is four times larger than today could be using up to 80% more energy.
Too often today, whether in the political or corporate worlds, the focus is squarely on the short-term: on the next election or the next quarter. Likewise, investors are incentivised to focus on shorter-term financial returns. As a result, we are failing to reap the social, economic and environmental returns of long-term productive investment.