The combined effect of the global credit crunch, falling international trade and investment flows, lower remittances and the effect of budgetary pressures in donor countries’ aid plans, are reversing the progress we had made in combating global poverty and are pushing more people into hunger, according to the OECD Secretary-General. Important emergency measures need to be taken to ensure that more people have access to food
In his speech delivered at the China Development Forum, Mr. Gurría described the OECD strategic response to the crisis. Stronger means making our economies more resilient and able to deliver durable benefits in terms of material well-being. Cleaner is not only in the sense of environmentally sustainable, but also addressing the “darker” side of globalisation, issues like money laundering, corruption and tax evasion that impede us from
OECD Secretary-General Angel Gurría has warned of a “crisis of globalisation” if governments succumb to protectionist pressures. Speaking to the International Chamber of Commerce in Paris, he said emergency stimulus measures taken by governments during the crisis needed to be carefully conceived and monitored to preserve the long-term strength of the economy.
Donors should honour their aid for trade pledges to developing countries despite the economic crisis, said OECD Secretary-General Angel Gurría as he opened the OECD Policy Dialogue on Aid for Trade, held in Paris on 3 November 2008.
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The world is rapidly transforming and a number of dynamic emerging economies,including South Africa, have become major players and trading partners with the members of the Organisation for Economic Co-operation and Development(OECD). In this context, the OECD Members have recognised the need for theOrganisation to become more open and relevant in order to realise its strategicgoal of becoming an important hub for dialogue on globally
According to the OECD Secretary-General, the current international food crisis is a global challenge and agricultural commodity prices should remain high and grow more volatile in the next decade.
Angel Gurría focussed on the role of global governance in crisis prevention in this speech, which was delivered at the "Conference of Foreign Affairs Committee and Development Committee Chairpersons of the European Union Member Countries" in Finland, on 28 September 2006.