And risks are biased on the downside. Materialisation of these risks, alone, or combined, could derail the global outlook, all the more that trade and financial integration have made the G20 economies highly interdependant. In this context, I would like to insist on the benefits of policy cooperation
L’OCDE est fière de soutenir l’ambitieux programme de réformes que vous menez depuis le début du quinquennat, qui offrira de meilleures perspectives à tous les Français. Et permettez moi de vous féliciter pour la loi Pacte qui permettra de contribuer à l’esprit entrepreneurial et une bonne dynamique des entreprises
Today, the global economy is facing serious headwinds. According to our latest Economic Outlook released earlier this month, global growth is projected to further decrease from 3.6% in 2018 to 3.3% in 2019 and to 3.4% in 2020. Trade and investment growth remain sluggish and the large increase in inequality many countries experienced before the crisis persists.
Sweden’s economic, environmental, income and gender equality, and well-being achievements are remarkable. Driven by robust consumption, investment and exports, GDP has expanded steadily, at an average rate of close to 3% over the past five years. Unemployment has also declined to 6.3% in 2018 (from 8% in 2013), and the employment rate was close to 80% in 2018.
Sweden’s economic, environmental, income and gender equality, and well-being achievements are remarkable. GDP has expanded steadily, at an average rate of close to 3% over the past five years. Unemployment has also declined to 6.3% in 2018 (from 8% in 2013), and the employment rate was close to 80% in 2018.
I am happy to start with some good news. Portugal’s economic recovery is now well established, with GDP back to its pre-crisis level.
We are here to share ideas and solutions for some of the most fundamental needs and rights of our citizens, the citizens that you, the lawmakers, serve and represent. Challenges like Housing; Energy; Rights in the digital age; Trust; and, the Integrity of elections, of governments, of institutions, will be on the agenda. How timely. How urgent. How pertinent
Korea has consistently positioned itself at the leading edge of societal and technological change. Nowhere is that more visible than here in Incheon, an ultra-modern, forward-looking city by the sea.
This is a very good time to be talking about these matters. As you know, yesterday, together with Minister Calviño, we launched our 2018 Economic Survey of Spain, which fundamentally highlights the strength of the Spanish economy and urges you to continue with your reform drive towards a model of inclusive growth that leaves no one behind.
The recovery of the Spanish economy has been more dynamic than most euro area economies, with a robust 3% GDP growth in the past three years. Although it is still extremely high, unemployment has fallen to 14.5% from its peak of 26% in 2013, and in the past year alone 478 000 jobs have been created.