I want to congratulate Deputy Secretary-General Stefan Kapferer on his move to become the head of the German Association of Energy and Water Industries (BDEW).
Germany’s foreign aid is at a record high and rising, but more effort will be needed to reach an internationally agreed donors’ target and fulfil Germany’s own goal to send more aid to the neediest countries, according to a new OECD Review.
Deutschlands Auslandshilfe hat eine Rekordmarke erreicht und steigt noch an. Einer neueren Prüfung der OECD zufolge sind jedoch weitere Anstrengungen erforderlich, um den international vereinbarten Zielwert der Geberländer zu erreichen und Deutschlands selbstgestecktes Ziel zu erfüllen, den bedürftigsten Ländern mehr Beihilfen zu gewähren.
OECD Secretary General Angel Gurría welcomes the initiative of President Francois Hollande and Chancellor Angela Merkel to put forward a structural and ambitious response to the current refugee crisis.
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”.
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.
A moderate expansion is underway in most major advanced and emerging economies, but growth remains weak in the euro area, which runs the risk of prolonged stagnation if further steps are not taken to boost demand, according to the OECD’s latest Interim Economic Assessment.
Mari Kiviniemi, Finland’s former Prime Minister, and Stefan Kapferer, currently State Secretary at Germany’s Federal Ministry for Economic Affairs and Energy, have been appointed Deputy Secretaries-General of the OECD.
Germany’s current economic success offers a good platform for achieving sustainable and inclusive growth, but further reforms will be necessary over the medium and long term, according to the latest OECD Economic Survey of Germany.
Recovery is under way in the world’s advanced economies, underpinned by supportive financial conditions and reduced drag from budgetary tightening, but activity in the major emerging markets is mixed, according to the OECD’s latest Interim Economic Assessment.