We gather as Governments around the globe strive to re-ignite growth while improving well-being, boosting productivity, reducing inequality and tackling dangerous climate change. That’s quite a challenge! We can succeed. But only if the economic solutions we design and implement are also green, resilient, sustainable solutions.
It is a great pleasure to be back in Pretoria, where I launched our fifth Economic Survey of South Africa earlier today. Allow me to thank Elizabeth and the team at SAIIA for hosting us here today.
It is a great pleasure to be back in Pretoria to launch our fifth Economic Survey. South Africa is a Key Partner of the OECD, and in many respects it spearheads our co-operation with Africa.
The social progress South Africa has made over the past two decades is impressive. The transition to democracy has of course been a defining feature, and successive governments have implemented policies to increase well-being. The expansion of social grants has lifted many South Africans out of absolute poverty. This progress has been underpinned by a sound framework for macroeconomic policy.
OECD Secretary-General, Angel Gurría, said that it was with a heavy heart and a debt of gratitude that the world was bidding farewell to Nelson Mandela.
Despite South Africa's wealth in natural resources, healthy business environment and financial system, and its sound public finances, the country has yet to fulfil its great potential, said Angel Gurría at the launch of the 2013 OECD Economic Survey of South Africa.
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At the opening of the Fourth Meeting of the OECD Forum on Tax Admininstration, Mr. Pier Carlo Padoan introduces the three areas that the meeting in Cape Town focuses on and emphasises how tax administrations have a key role to play in helping governments meet these challenges.
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The OECD Anti-Corruption Division won the “Highly Commended” Award in the Smart Regulation category of the 2007 Africa Investor Awards. In his acceptance speech, Patrick Moulette, Head of the OECD Anti-Corruption Division, highlights the benefits that South Africa’s membership of the Convention will bring to the fight against corruption in Africa.