Today’s discussions focus on the importance of good governance for inclusive and sustainable growth. This is a vast topic – as can be seen from the diversity of issues to be covered in the Ministerial labs later this morning – so I’d like to focus on two key areas: the role of regulation; and the imperative to shape a new vision for the public service.
At an international level, we continue to face many challenges – slow growth, unemployment, growing inequality, loss of trust – all the legacies of the crisis. We are also confronting the risk of dramatic consequences from climate change. But, crucially, we face a growing appetite for action. For results.
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.
Because the OECD is not only a “Global Standard Setter and a house for best practices”. It is also a pathfinder for effective implementation and we will be very proud to share our experience and expertise with APEC member economies and their business circles to develop innovative ideas and practical tools for competitive economies and inclusive societies!
The role of government is to act as an enabler, generating the right conditions for growth and ensuring that its benefits are fairly distributed. Both the Competition Assessment and the Administrative Burden Reduction project can serve as roadmaps to achieve these goals by making it easier to do business in Greece, said OECD Secretary-General.
The OECD has shown its commitment to this strand of G20 work by providing your Leaders with key global principles to enhance financial consumer protection in 2011 at the Cannes Summit; and by promoting the development of consistent financial education strategies with the High Level OECD/INFE Principles on national strategies for financial education delivered, said Angel Gurría, OECD Secretary-General.
Going structural, going social, going green and going institutional will enable Indonesia to secure its path to prosperity and ensure inclusive and sustainable growth.
La mejora regulatoria es un componente fundamental de las estrategias de recuperación económica; pero también es la única vía para dar el salto al desarrollo. México ha hecho muchos esfuerzos para mejorar su regulación y competitividad, y los resultados están a la vista.
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."
In the current circumstances of weak recovery, high unemployment and constrained room for manoeuvre by macro-economic policies, a robust regulatory environment is key to return to a stronger, fairer and sustainable growth path, said OECD Secretary-General.