"Fifteen years of co-operation between the OECD and Korea are only a start of what I believe will be a long and mutually beneficial journey.", said Mr Gurría at the OECD-Korea celebration event.
"With the OECD Strategy for Development, we will take stock of the formidable arsenal of OECD’s broader public policy experience, and assess how it can be useful in a development context", declared Angel Gurría in his welcome Address to the Annual Bank Conference on Development Economics (ABCDE).
Our 50th anniversary provides us with an historical opportunity to launch a new approach to development across the Organisation. We will be working to develop a full fledged strategy on development, engaging more closely with emerging and developing countries to help us understand better their diverse realities, said OECD Secretary-General.
The shift in the centre of economic gravity, from the advanced to the large emerging economies, has to be reflected in the global governance architecture. The new players have to be given a stronger voice in decision-making and multilateralism has to evolve further in a more inclusive manner.
Según el secretario general, para reforzar la integración de América Latina a la economía global, hay que favorecer la apertura de las economías latinoamericanas y del Caribe, consolidar las reformas, en particular las que conciernen a las reglas fiscales y limitar los desequilibrios globales con el apoyo del G20.
In his remarks, A. Gurría said that the middle sectors in Latin America are closer to the disadvantaged than to the affluent in many aspects.
Aunque la clase media en América Latina está creciendo y comienza a ser un motor para el progreso económico, continúa siendo económicamente vulnerable en comparación con los países de alto ingreso de la OCDE, de acuerdo al Secretario General de la OCDE.
Absent a major push in the next five years, we will fail to meet our commitment to the world’s poorest, according to Angel Gurría. He added that raising inequality will not jeopardise future growth and prosperity only in the developing world, it will threaten the global economy as a whole.
Equitable and efficient tax systems and administrations have an important role to play in securing domestic funding for development, according to Angel Gurría. He added that African policy makers need to reform tax systems and generate revenues, to complement external sources of financing, such as official development assistance, remittances and foreign direct investment.
Smarter partnerships can leverage the maximum out of aid and become the main driver of progress towards achieving the MDGs by 2015, according to Angel Gurría.