The recent surge in social movements is a clear call for an economy with a more human face. Reconciling long-term economic growth and people’s well-being can be achieved if structural policies focus on what matters most to people in advanced and less-advanced economies alike, said Angel Gurría.
Urgent action must be taken by the governments to tackle high unemployment and growing inequality. Good-quality social policies, particularly those addressed to the most vulnerable, should be seen as sound investments to promote economic growth and well-being, according to Angel Gurría.
Tackling the employment challenge and the rise in inequality, the most urgent issues for policy-makers, could be achieved within the current public budgets by using more in-work benefits, or improving equal access and quality of education and training said Angel Gurría.
Policies that promote job creation, better job opportunities and well-functioning social safety nets are crucial for helping the many who are still struggling to find jobs. These policies are not just spending items in a strained public budget. They are a vital social investment for the future, to help move our economies onto a path of sustainable economic growth and well-being.
The OECD @ 50 strives to improve the prospects of growth and welfare in Member and partner countries, encourages civic participation and equality of opportunities, and seeks to realign the economy with the environment, said Angel Gurría.
Sustaining economic growth is certainly important to promote social cohesion but growth alone cannot solve all problems. Instead, well-targeted social policies are essential to promote social cohesion and reverse the upward trend in income inequality. This is the “go social” challenge facing Korea, said OECD Secretary-General in Seoul.
Mr. Gurría underlined the importance of tackling the challenges of unemployment and inequality. He said: “we need a more inclusive and greener model of growth based on sound institutions… And we must focus even more in our relations with social partners to reach such joint goals”.
This innovative and interactive tool will enable you to rate your country on those things which make for a better life, according to your personal experience and criteria. We think it will make a significant contribution to help connect policy-making to human progress, said OECD Secretary-General.
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Presentation on South-South Labour Migration in West Africa given by David Khoudour-Casteras (in French).
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Milly Odongo's presentation at the Experts’ meeting on Social cohesion in Africa in Rabat, Morocco, 13 April 2011.