Presentation of the Czech Republic Economic Survey at a High Level Seminar in Prague

Presenting the Economic Survey of the Czech Republic at a high level seminar in Prague, A. Gurría suggested the creation of a "watchdog" to monitor the fiscal policy process in order to make it easier to avoid overspending in good times and thus to limit deficit bias.

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• Launch of the Czech Republic Economic Survey

Launch of the Czech Republic Economic Survey

Presenting the OECD Economic Survey of the Czech Republic in Prague, Angel Gurría underlined that "The economy has shown considerable resilience in the face of extraordinary challenges."

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• Presentation of the Czech Republic Economic Survey at a High Level Seminar in Prague

Emerging from the crisis: Laying the foundations for a balanced recovery in Germany

The German job market has weathered the crisis well, said OECD Secretary-General Angel Gurría. Presenting the Economic Survey of Germany in Berlin, he said structural reforms were needed to ensure the sustainability of public finances and of long term growth. Stimulating domestic investment would help reduce the current account surplus, he added.

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• Germany should focus on innovation, education and competition to ensure a balanced recovery

Also Available

• Der Weg aus der Krise: Ein solides Fundament für eine ausgewogene Erholung schaffen
• Der Weg aus der Krise: Ein solides Fundament für eine ausgewogene Erholung schaffen

Der Weg aus der Krise: Ein solides Fundament für eine ausgewogene Erholung schaffen

Eine auf Innovation, Bildung und mehr Wettbewerb im Binnenmarkt gestützte Wirtschaftspolitik kann Deutschland zu einer stärkeren und ausgeglicheneren Wirtschaft führen. Die Arbeitsmarktpolitik sollte nun den Weg für nötige Strukturanpassungen bereiten, die Fiskalpolitik braucht eine spezifische Exit-Strategie und muss sich in den kommenden Jahren auf die Konsolidierung der öffentlichen Haushalte konzentrieren.

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• Deutschland sollte mit mehr Innovation, Bildung und Wettbewerb die Grundlage für einen ausgeglichenen Aufschwung legen

Also Available

• Emerging from the crisis: Laying the foundations for a balanced recovery in Germany
• Emerging from the crisis: Laying the foundations for a balanced recovery in Germany

The OECD, the World Economy and China

In a speech given in Beijing, Angel Gurría recommended that China boost public spending on social infrastructure, including education, health, pensions and social assistance, in order to reduce inequalities, and suggested a more flexible exchange rate regime to avoid looming inflationary pressures.

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• Official visit of the Secretary-General to the People's Republic of China (Beijing, 20-23 March 2010)

The transformation of China’s growth pattern in the new global context

China’s economy has outperformed all expectations, both over the long haul and, more recently, during the global Great Recession. But structural reforms are still needed in a number of areas such as increased social spending to improve living standards over the longer run, according to the OECD Secretary-General.

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• Official visit of the Secretary-General to the People's Republic of China (Beijing, 20-23 March 2010)
• China in the 2010s: Rebalancing growth and strengthening social safety nets
• Strong Chinese growth resumes but increased social spending needed, says OECD report

Global Economic Outlook

Speaking at the China development forum, Mr Gurría said that the world is now emerging from the deepest recession since the 1930s but he added that OECD countries need to face the challenge of ensuring that a strong, jobs-rich recovery takes hold and that potential growth can be restored and maintained over the longer term.

Greece - Moving ahead to address the challenges

In his remarks to the Central Bank of Greece, Mr. Gurría offered the OECD support, expertise, and policy experience to help Greece modernise its economy and put it on a path of sustained growth.

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• Official visit of the Secretary-General to Greece (Athens 14-15 March 2010)

Pier Carlo Padoan's remarks at the release of the 2010 edition of Going For Growth

Remarks by Pier Carlo Padoan at the release of the 2010 edition Of Going For Growth on March 10, 2010

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• Economic Policy Reforms: Going for Growth 2010

Obama plan for banks can help to avoid a new financial crisis

U.S. President Barack Obama’s plan to separate core commercial banking from some higher-risk activities in financial conglomerates and to place a moratorium on further consolidation could help to avoid a new financial crisis by resolving some major risks inherent to the current financial system.