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This country note provides information on latest trends in income inequalities as well as key findings from the 2015 OECD report "In it Together: Why less inequality benefits all".
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Levels of alcohol consumption in Germany are among the highest in the OECD, but have been declining in the past 30 years. In 2012, an average of 11 litres of pure alcohol per capita was consumed in Germany, compared with an estimate of 9.1 litres in the OECD.
We, in the OECD, share the conviction that investment is one of the key cylinders of the global economy – but it needs new fuel and probably another kick-start to function again properly, in order to support a stronger and more inclusive recovery in Europe and on a global scale.
Mr. Gurría delivered a keynote speech at a conference on policy options for more investment in Germany and Europe. He also met Mr. Sigmar Gabriel, Vice Chancellor of Germany, as well as other high-level German officials and Kristalina Georgieva, EU-Vice President and Commissioner for Budget and Staff.
Reforming and deregulating the domestically oriented sectors, including network industries, crafts and professional services would release hidden growth potential and prove beneficial to the economy as a whole. It could also help strengthen domestic demand and reduce dependence on exports.
Low oil prices and monetary easing are boosting growth in the world’s major economies, but the near-term pace of expansion remains modest, withabnormally low inflation and interest rates pointing to risks of financial instability, according to the OECD’s latest Interim Economic Assessment.
Sustainable supply chains can transform global trade and development by ensuring that businesses behave responsibly even in countries where social, environmental and human rights standards are weak or not adequately enforced. We have witnessed too often the disastrous consequences that can result if this is not done.
Mr. Angel Gurría was in Berlin at the invitation of Mrs. Angela Merkel, Chancellor of Germany. The Secretary-General also attended the G7 Stakeholder Conference and deliver remarks at a panel on promoting decent work worldwide through sustainable supply chains
This chapter studies the governance of the Frankfurt metropolitan area. It focuses on public transport and spatial planning issues. It provides an overview of the economic conditions in the metropolitan area and analyses the role of the regional association of municipalities (Regionalverband FrankfurtRheinMain) and the state of Hesse for metropolitan governance.
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This country note from Going for Growth 2015 for Germany identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.