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Seven years after the global financial crisis, lending to US small businesses is still below the precrisis levels and credit conditions remain tight for many of these firms. A more diversified set of options for SME financing should continue to be pursued to support long-term investment and reverse the trend decline in the number of start-ups.
Mr. Gurría attended the Spring meetings of the World Bank Group, IMF and G20 Finance Ministers, and held meetings with high-level officials from the US and other countries. He delivered remarks at various events and also presented the report Pensions at a Glance: Latin America and Caribbean as well as the 2015 OECD SME Scoreboard.
In his speech delivered at the Brookings Institute, OECD Secretary-General Gurría explains that OECD’s numbers tell a clear-cut story of how our traditional economic growth agenda has neglected inclusiveness. Yet to begin to tackle this problem, we have to understand that inequality is not just about money. It touches every area of people’s lives.
To revive global growth and put the global economy on a sustained footing, leaders worldwide want to rely on sound analysis of reliable data, well-founded and broad-based policy recommendations, effective institutions and well tested co-operation mechanisms. The OECD fits the bill.
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.
This chapter aims to assess the degree of fragmentation in the metropolitan governance in Chicago (Illinois), United States and its impact on transport and land-use planning, and to identify possible avenues for reform.
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This country note from Going for Growth 2015 for the United States identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
United States total immigrant admissions for lawful permanent residents (LPRs) in Fiscal Year (FY) 2012 decreased by 2.9% from the previous year to 1 031 000.