“Knowledge is the main driver of today’s global economy,” said OECD Secretary-General Angel Gurría at the launch of the OECD Innovation Strategy in Paris. “Countries need to harness innovation and entrepreneurship to boost growth and employment. This is the key to a sustainable rise in living standards.”
In this speech delivered at the Council meeting at ministerial level, Angel Gurría highlights some of the OECD's achievements in 2009 and describes how it will help its member countries respond to new challenges ahead.
Are the policies that governments have put in place to stabilise the global economy and restore growth sowing the seeds for a new economic crisis? While more welfare spending and easier credit can temporarily help to shore up economic activity, they could in the medium term make the problems that caused the current crisis worse, argues William White, chair of the OECD’s Economic Development and Review Committee.
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This brochure sets out the programme of the ministerial meeting, the context and issues for discussions.
Average tax and social security burdens on employment incomes fell slightly in 24 out of 30 OECD countries last year as governments struggled to shore up faltering economies amid the worst recession in decades.
OECD countries agreed today to invite Estonia, Israel and Slovenia to become members of the Organisation, paving the way for the Organisation’s membership to grow to 34 countries.
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This is the official Decision of the Council to Invite the State of Israel to Accede to the Convention on the OECD.
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Estonia Accession Decision
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DECISION OF THE COUNCIL TO INVITE THE REPUBLIC OF SLOVENIA TO ACCEDE TO THE CONVENTION ON THE OECD
OECD' Secretary-General welcomes the fiscal consolidation plan and loan package agreed by the Greek government, its Euro area partners and the International Monetary Fund.