At a meeting with Slovak Economists, Mr. Gurría underlined that the OECD has developed a strategic response to deal with the current situation, while at the same time addressing the interaction between different policy actions in our economies.
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According to Mr. Gurría, the US has consistently relied on the OECD to improve multilateral cooperation and as a place to get things done. As a hub for dialogue on global issues, the OECD stands ready to assist the US in these challenging times. Together, we can help build a stronger, cleaner and fairer world economy.
Angel Gurría shares his views about issues on the 2009 Davos agenda. Beyond short-term expediency, politicians must figure out how to set a long-term course for the global economy. Along with more effective regulation, we need fairer social policies and an end to the bottlenecks that block competition and innovation and hamper sustainable growth. We must also find ways for governments to exit from their massive emergency interventions
Mr. Gurría underlined that business ethics should be at the center of any new road-map for the global economy. Markets should not only be more stable, but morally acceptable as well. He said that it is time to reunite ethics and economics through a solid, transparent and updated set of rules.
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Can 2009 bring a ray of light to lift the gloom and end the severest financial and economic crisis in decades? The OECD is working with the world’s governments and international organisations to stop recent market and policy failures from happening again.
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Israel has officially joined the OECD Working Group on Bribery, an important step in its accession to OECD membership. Israel becomes the 38th signatory and first Middle-Eastern country to join the OECD’s Anti-Bribery Convention.
Official Development Assistance (ODA) is rising, but only slowly. In 2007, the DAC members’ total net ODA was USD 103.5 billion, representing a real increase of 2% over 2006. This iswell below the rate of growth needed to meet the commitments made by DAC donor countries.
OECD will support the global concerted effort to re-launch the world economy with analysis and recommendations for more effective regulation and policies for a return to sustainable growth.