Globalisation, demographic trends and technological change are transforming jobs in our economy. 9% of jobs across OECD countries could be automated in the next 15-20 years and a further 25% are at risk of significant change. The risk in emerging economies is even larger. According to recent studies, China and India together account for the largest technically automatable employment potential.
International tax matters remain an important priority as you work to ensure that the progress made in the last few years is embedded through coherent, global implementation. My report for this meeting provides you with the latest update on the work of the Inclusive Framework on BEPS, which now has over 90 members.
As you probably know, the OECD Code of Liberalisation of Capital Movements is the sole multilateral agreement among state parties, signed by 34 OECD and 12 G20 members, aimed at ensuring openness, accountability and transparency in cross-border capital flow policies.
Going for Growth is the OECD’s flagship publication on structural policies. Its purpose is to help policymakers set reform agendas for the wellbeing of their citizens and to achieve strong, sustainable, balanced and inclusive growth.
I am very pleased and thankful to the IIF for having invited me to speak on a topic that is at the heart of the OECD’s business, namely world trade and the global economy.
Following the terrible attack that took place at a Christmas market in Berlin, Secretary General Angel Gurría wrote to Chancellor Merkel expressing OECD's sincerest condolences to the many families affected by this tragedy and the Organisation's support.
The German economy has recovered well from the most severe economic crisis of our lifetime. In spite of continued global economic turbulence, growth is now steady at 1.4% in 2015 and close to 1.3% in 2016. We are expecting this growth to improve slightly to 1.7% in 2017.
I want to congratulate Deputy Secretary-General Stefan Kapferer on his move to become the head of the German Association of Energy and Water Industries (BDEW).
We in the OECD share a conviction with many of you: “Policies to foster innovation, raise productivity in an inclusive way and reduce inequality at the same time are critical for the future well-being and the future of our societies.”
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Key findings on the German health care system