3-September-2016
English
The world economy is trapped in three interrelated vicious circles: a “low-growth trap”, a low-growth/low interest rates trap, and at no point in the past 30 years has productivity growth been lower. How do we break these three vicious cycles? A bold and comprehensive, three-pronged policy package is needed, many elements of which are encapsulated in this year’s B20 recommendations.
29-August-2016
English
Today, the challenge of water security is global and it is growing. We estimate that by 2050, over 40% of the global population will live under severe water stress; and as global population increases, so will tensions among different water uses.
26-August-2016
English
OECD Secretary-General Angel Gurría welcomed the cease-fire between the Colombian government and FARC rebels, ending more than half a century of armed conflict.
26-August-2016
English
I have just written to Prime Minister Renzi. We are thinking of those who lost their lives, their families, their homes, as well as the many others affected by this disaster.
1-August-2016
English
The OECD welcomes the laws of the National Anti-corruption System that were approved by the Parliament on June 16, 2016 and enacted on July 18, 2016, clearing the way for one of the key pillars of Mexico’s structural reform agenda. The promulgation of these laws substantially transforms the anti-corruption architecture of Mexico by putting in place measures that the OECD considers effective.
24-July-2016
English
My report to you for this meeting sets out three objective criteria to identify non-cooperative jurisdictions with respect to tax transparency: the implementation of the Exchange of Information on Request standard, the implementation of the Automatic Exchange of Information standard, and joining the multilateral Convention on Mutual Administrative Assistance in Tax Matters (multilateral Convention).
24-July-2016
English
A critical dimension of the 'low-growth trap’ is a lack of investment. Weak investment is undermining productivity growth and lowering potential output by holding back capital deepening and hindering the pace at which innovation is embodied in plant and equipment.
24-July-2016
English
For the OECD, China is an indispensable partner in this exercise and I would like to thank Minister Lou and the Ministry of Finance for organising this event. It is another milestone in our ever-expanding co-operation following the agreement of our memorandum of understanding in March 2015
23-July-2016
English
Structural reforms – together with monetary and fiscal policies – are essential to achieving the G20 objective of strong, sustainable and balanced growth. They have been at the heart of the OECD’s work for more than 30 years and courageous decisions at different times in our countries – Canada, Germany, Korea and Spain to name but four – have delivered stronger and more inclusive growth for our citizens.
23-July-2016
English
The world economy is stuck in a low-growth trap. We project global GDP growth to remain at only around 3% this year, and barely better in 2017.