Vigorous competition stimulates productivity and the innovation that is vital for fostering new sources of growth and competitiveness. It prevents market capture by incumbents or large firms. Competitive markets create new employment opportunities, and increase the access of consumers to cheaper and better quality products. Fair competition is one of the oldest pillars of economic progress, according to OECD Secretary-General.
Bid rigging costs governments and taxpayers billions of dollars every year. In 2011, the OECD will for the first time directly assist a member country, Mexico, as it implements tighter public procurement processes.
In his remarks to "Making Reform Happen", Angel Gurría said that "well-designed and well-implemented reforms yield a triple dividend. They lift output and employment; they strengthen public budgets and they rebalance global demand."
M. Gurría, Secrétaire général de l’OCDE estime qu'il est essentiel, pour la France, d’assainir ses finances publiques. "C’est une condition sine qua non pour assurer la stabilité macro-économique et éviter un emballement de la dette publique", a-t-il déclaré.
Remarks by Pier Carlo Padoan at the release of the 2010 edition Of Going For Growth on March 10, 2010
Opening the 9th Global Forum on Competition, Mr. Gurría talks about the concerted global effort needed to promote competitive markets which will support the recovery from the crisis.
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Why are some policy reforms implemented while others languish? This new report aims to answer this important question by looking backwards - at 20 structural reform efforts in 10 OECD countries, during the past two decades.
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In his speech delivered at the China Development Forum, Mr. Gurría described the OECD strategic response to the crisis. Stronger means making our economies more resilient and able to deliver durable benefits in terms of material well-being. Cleaner is not only in the sense of environmentally sustainable, but also addressing the “darker” side of globalisation, issues like money laundering, corruption and tax evasion that impede us from
Mr. Gurría presented in Beijing the 2008 OECD Investment Policy Review of China which assesses recent developments in the Chinese investment environment and focuses on the government’s efforts to encourage responsible business conduct in China, as well as by Chinese enterprises operating abroad.