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Production processes have become global and markets more integrated as trade costs have fallen on the back of technological progress and trade and investment policy reforms. We can no longer base policy decisions on conventional trade statistics that report the gross value of products and services each time they cross borders. Instead, we need to measure how much and where value is added, said OECD Secretary-General in Beijing.
OECD Secretary-General assesses the employment challenges facing Europe and the policy responses urgently needed to put the continent back on a path of jobs-rich growth, at the Employment Policy Conference in Brussels.
OECD Secretary-General shares the OECD’s perspective on the current economic outlook, as well as his views on the economic situation of Slovenia and the key challenges that this country has to confront to achieve a stronger, cleaner and fairer growth.
Tough times demand tough measures. To drive economic growth and consolidate our public finances, we should embark on the path of decisive reforms. But we must do this while at the same time making our economies more inclusive and more environmentally friendly. It is time to Go Structural, Go Social and Go Green, said OECD Secretary-General.
Ahora es el momento de enfocarse en la economía política de las reformas y desafiar y vencer cualquier obstáculo político, institucional o particular que se les interponga. Gran realismo sí, pero ambición todavía mayor, incluyendo la remoción de los obstáculos al crecimiento. La agenda del cambio no puede achicarse ante las restricciones de la realidad de hoy. Hay que ir más allá y considerar como eliminar esas restricciones.
The crisis has forced us to engage in a true soul searching exercise – to see where we stand, where our models have failed, and where we need to go. But how can we best prepare ourselves for the new global economic landscape while addressing current challenges?
Growth is weak or negative; unemployment is at record levels; deficits and debt are sky high; and we are on a collision course with nature. It is therefore imperative to go structural, go social and go green, said OECD Secretary-General at the Doosan Global Business Forum.
Speaking at the French-American Foundation, Angel Gurría was invited to report on the main outcomes of the OECD Week (Forum and Ministerial Council). He also presented OECD perspectives on the current global economic outlook, in particular for the United States (US) and France.
Increased productivity, green-growth and more open markets will be essential if the food and nutrition requirements of future generations are to be met. Governments should also renounce trade-distorting practices and create an enabling environment for a thriving and sustainable agriculture underpinned by improved productivity, said OECD Secretary-General Angel Gurría.
Governments should use every possible means at their disposal to help jobseekers, especially young people, by removing barriers to job creation and investing in their education and skills. The young are at most risk of long-term damage to their careers and livelihoods, said Angel Gurría.