First published in 2005, this annual report provides an overview of structural policy developments in OECD countries from a comparative perspective.
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At the Pittsburgh Summit in September 2009, leaders of the Group of Twenty (G20) economies agreed to work together to promote an enduring recovery, and strong and sustainable medium-term growth. This note assesses the implementation of the Los Cabos structural policy commitments and evaluates the nature and strength of the commitments in the St. Petersburg Action Plan.
On the request of the G20, the OECD, in co-operation with other international organisations, provides technical analysis to help evaluate the appropriateness of the reforms nominated by countries, and the progress towards implementing those reforms.
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Almost four years since the onset of the global financial and economic crisis, unemployment and underemployment remain stubbornly high in many G20 countries, and many workers remain trapped in low-paid, often informal, jobs with little social protection.
This plan, which incorporates and extends the Cannes Action Plan, significantly intensifies the G20's efforts to achieve a stronger, more durable recovery. The Los Cabos Growth and Jobs Action Plan starts from the premise that co-operation and co-ordination will result in better economic outcomes.
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This Note reports on implementation of the structural reform commitments identified by G20 countries in the Seoul Action Plan and subsequent updates, and reported in greater detail in the national policy templates. In doing so, the Note complements the preliminary Report (Pursuing Strong, Sustainable and Balanced Growth: Taking Stock of Structural Reform Commitments) submitted to the Framework Working Group and the G20 Deputies ahead
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This Report builds on the lessons learned from the OECD’s regular surveillance of structural policies in G20 countries (reported in Going for Growth), which focuses on a number of policy areas highlighted in the Seoul Action Plan (and subsequent updates) for structural reform in pursuit of strong, sustainable and balanced growth. On the basis of preliminary analysis, the Report takes stock of implementation of Going for Growth
Cannes Action Plan
Secretary-General Gurría called for the need to agree on common international targets in areas such as innovation and green growth predicting "they could become the overarching umbrella for the G20 Framework’s structural agenda".Gurria's remarks to G20 leaders reflected the fact that the focus on structural policies will constitute the principal element of the OECD's contribution to future work on the G20 Framework Strong, Sustainable