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Speeches / Presentations
The current economic crisis has exposed the deficiencies of economic global governance and the risk of having a highly integrated global economy with fragmented global economic decision-making and regulation. To improve our impact, we do need stronger, more inclusive and better coordinated international organisations, warned the OECD Secretary-General.
With the global economic crisis, governments are now focused on restoring national economic and employment growth and financial stability which also poses risks for freedom of investment.
Address by the President of Chile, Ms. Michelle Bachelet, to the OECD Council 28 May 2009.
Current financing for climate change adaptation and mitigation is clearly insufficient and the development co-operation community needs to think through its implications and come up with forceful responses, according to the OECD Secretary-General.
According to Mr. Gurría, the number working poor living with less than 2 dollars a day can increase by more than 100 million and the number of hungry people in the world can increase by another 104 million by the end of the year, making urgent the issue of the financing for development.
Mr. Gurría's opening speech at the Conference on ICTs, the Environment and Climate Change in Denmark on 27-28 May 2009 focused on the potential of information and communication technologies to combat climate change and improve environmental performance.
In his speech delivered at the 2009 BIAC Business Roundtable, Mr. Gurría underlined that the OECD was working hard to help countries design better and more reliable policies to underpin the credibility of a stronger and more accountable global economy. But he warned that a new economic system can only work if it’s based on a more responsible business culture that can reconcile profit-making with reducing inequalities, fostering
Financial markets and services are playing a greater social and economic role in the daily life of the average individual. One of the challenges is to move from raising awareness on financial issues to actually changing consumers’ behaviours, notably by integrating financial literacy into school curricula, according to Mr. Gurría.
If we consider the rapid pace of financial innovation, the growing complexity of financial products, and the increasing amount and size of financial risks and responsibilities transferred to households, consumers need to be better equipped to make good, informed and rational financial decisions, according to Mr Gurría.
The economic crisis has generated an urgent need to restore confidence in our future and make the world economy stronger, cleaner and fairer. There is growing political consensus on the need to develop a set of common principles and standards in order to ensure a more stable and sustainable development of the global economy, according to the OECD Secretary-General.