Germany is both the OECD’s second-largest country of immigration and one of the main origin countries of emigrants: 3.4 million people born in Germany were living in another OECD country in 2011, says a new OECD report “Talent Abroad: A Review of German Emigrants”.
The Secretary-General was in Berlin to present the 2015 OECD Skills Outlook. He also attended a number of meetings including the International Transport Forum annual summit in Leipzig and the G7 finance summit in Dresden.
Trade and tourism are central to today’s global economy and must be underpinned by efficient and reliable transport systems, which are vital for the smooth functioning of global value chains. Despite the importance of the transport sector, it remains heavily regulated. Furthermore, transport policy can and should play a role in tackling climate change.
Skills drive economic growth and can boost social cohesion. With growth increasingly driven by productivity improvements, the future economic and social well-being of OECD countries will depend upon providing our young people with the right skills to succeed in the 21st century job market.
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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.