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Wage stagnation and rising inequality are putting pressure on many American households. Facilitating movement up the career ladder and shoring up wages at the bottom of the pay ladder are policy priorities.
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Seven years after the global financial crisis, lending to US small businesses is still below the precrisis levels and credit conditions remain tight for many of these firms. A more diversified set of options for SME financing should continue to be pursued to support long-term investment and reverse the trend decline in the number of start-ups.
Mr. Gurría attended the Spring meetings of the World Bank Group, IMF and G20 Finance Ministers, and held meetings with high-level officials from the US and other countries. He delivered remarks at various events and also presented the report Pensions at a Glance: Latin America and Caribbean as well as the 2015 OECD SME Scoreboard.
In his speech delivered at the Brookings Institute, OECD Secretary-General Gurría explains that OECD’s numbers tell a clear-cut story of how our traditional economic growth agenda has neglected inclusiveness. Yet to begin to tackle this problem, we have to understand that inequality is not just about money. It touches every area of people’s lives.
To revive global growth and put the global economy on a sustained footing, leaders worldwide want to rely on sound analysis of reliable data, well-founded and broad-based policy recommendations, effective institutions and well tested co-operation mechanisms. The OECD fits the bill.
L'OCDE dans le monde
This chapter aims to assess the degree of fragmentation in the metropolitan governance in Chicago (Illinois), United States and its impact on transport and land-use planning, and to identify possible avenues for reform.
English, PDF, 97kb
This country note from Going for Growth 2015 for the United States identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
Since the last IEA review of the United States was published in 2008, the country’s energy policy landscape has fundamentally changed. In many aspects there have been significant improvements, and the country is in a strong position to deliver a reliable, affordable and environmentally sustainable energy system.
The most obvious change has been the renaissance of oil and gas production: the growth in unconventional gas production, alongside increased output of light tight oil, is making a substantial contribution to economic activity and competitiveness. Conversely, the expansion in energy production is also raising unease on environmental and safety grounds, concerns which must be addressed appropriately.
The U.S. natural gas boom has resulted in stable wholesale electricity prices, lower greenhouse gas emissions and greater system flexibility. The electricity system, however, is in need of significant investment if the country is to meet demand growth forecasts and strengthen its resilience to climate change. Renewable energy production is growing but the durability of federal tax incentives remains a persistent uncertainty.
At policy level, a number of strategic initiatives have created a new policy framework over the past six years. Among them, the Climate Action Plan has the potential to guide the U.S. economy away from its reliance on fossil fuels and towards a more sustainable energy system.
This review analyses the energy policy challenges facing the United States and provides recommendations for further policy improvements. It is intended to help guide the country towards a more secure, sustainable and affordable energy 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.