Transparency and effective tax co-operation must be shared principles applied by all. Until they are, nations will need to protect themselves against loss of revenues to tax havens.
— Jose Angel Gurria
Words must be matched by action if change is to become lasting.
A more robust approach to global warming is needed if we are to avoid catastrophe. Unlike the recent financial crisis, there is no bailout option for the earth's climate.
The G7 doesn't have a permanent secretariat. The OECD can help the G8 and set the agenda for them. The secretary general of the OECD should be going to them proactively and discussing issues and priorities.
Social cohesion and inclusive growth are additional crucial perspectives to incorporate into public policies, targeting a renewed social contract that reduces inequalities and benefits the whole of society.
The benefits of growth have not trickled down. Income inequalities have become one of the biggest global challenges, attracting growing attention not only in academic literature but also among policymakers globally.
Every single stage of reform becomes more difficult because you use political capital.
It doesn't really matter who owns things so long there is enough competition, which means lower pricing, better quality goods, more variety, and an economy where the consumers are the big winners.
Countries like Japan do not have to change their cultures to address their educational shortcomings; they simply have to adjust their policies and practices.
The OECD advocates a risk-based approach to water security and is calling on governments to speed up their efforts to improve efficiency and effectiveness of water management. We recommend improving water pricing to recover costs and to reflect the value of water to users and society.
Unlike other essential goods, like clothing, shelter, or food, we take cheap or even free water for granted. It often takes a crisis, such as a major drought or flood, to spur investment and policy reforms in improving water security.
In a globally interdependent world, a better financial and investment system cannot be achieved on a country-by-country basis. There may be no one-size-fits-all model for economic development, but without global standards and complementary regulations, the long-term outlook for the world economy will remain bleak.
European leaders cannot afford to be afraid. The refugee crisis is not one from which they can opt out. No magic wand will empower leaders to transport more than a million people back across the Aegean and the Bosphorus to Mosul and Aleppo, or across the Mediterranean to Eritrea, Somalia, and Sudan.
Providing investors with recourse against governments is valuable.
I feel confident that leaders will rise to this challenge with a stronger commitment to tackle climate change and seize the economic opportunities that a post-carbon world has to offer.
Most businesses do not take governments seriously when it comes to climate, primarily because many governments have inconsistent and incoherent policies and then often keep changing them, sometimes retroactively. This makes businesses reluctant to invest in greener technologies.
It isn't only rich countries that suffer from the effects of tax havens. Developing countries also lose billions of dollars in tax revenues due each year because wealthy individuals and some companies use tax havens to move assets and income offshore.
If the world is to avoid a collision with nature - one that humanity surely cannot win - we must act boldly on every front, particularly with respect to carbon pricing and the coherence of our economic and energy policies.
Our planet is warming dangerously.
The OECD deals with the economic aspects of a host of issues, including education, health, and the environment.
At the OECD, we stand ready to continue to help our member and partner countries to design, promote, and implement Better Policies for Better Lives.
When, as an individual, you are not paying taxes, it is evasion. As a corporate, it is legal shrewdness or tax engineering.
In a country like Mexico, you can't forget about poverty - about how half of the population lives in poverty, and how half of that half live in extreme poverty.
The whole banking sector in Mexico was literally bankrupt. For whatever reason, instead of intervening in the sector or supporting the banks, the government expropriated them. We went through the very laborious period of selling the failing banks to the wealthy people of Mexico.
By assessing the capabilities and knowledge of students in the highest-performing and most rapidly improving education systems, the OECD's Program for International Student Assessment provides valuable options for reform and information on how to achieve it.
History is full of lessons for how water crises could have been avoided or better managed.
In order to encourage private investors to pursue long-term, responsible projects, governments need to promote consistent policies and frameworks.
Our work at the OECD shows that migration, if well managed, can spur growth and innovation. Unfortunately, in the past, migration has not always been well managed: migrants have been concentrated in ghetto-like conditions, with few public services or employment prospects.
Some politicians fear the burden that migrants will impose on local communities and taxpayers. Others fear extremists masquerading as genuine refugees.
Governments can and do expropriate investors or discriminate against them. Domestic judicial and administrative systems provide investors with one option for protecting themselves.
Ending our reliance on fossil fuels was never going to be easy.
You do need more revenues, and you do need to cut expenses. But you also don't want to go in a direction whereby increasing taxes creates a reticence to create new jobs. You don't want to increase taxes on work. You don't want to increase taxes on investment and the creation of wealth.
If we want a stronger, cleaner, and fairer world economy, we need to deal with the controversial areas of globalisation, such as tax havens.
Governments must address inconsistencies in their energy strategies, consider the links with broader economic policies, and stop sending mixed signals to consumers, producers, and investors. In particular, they must assess whether the right regulatory arrangements are in place to allow clean-energy investments to compete on a risk-return basis.
The OECD should respond directly to the specific needs of the member countries. You basically say, 'What works?' You don't have to go on a discovery trip. It's all there; you just call them, and they know. It's like a knowledge bank.
The OECD should promote everything that's consistent with its mandate, which is to make the world economy work better.
High levels of inequality generate high costs for society, dampening social mobility, undermining the labour market prospects of vulnerable social groups, and creating social unrest.
Labour and land are always politically sensitive.
I was an economist out of the National University of Mexico, where you lived the realities of Mexico all the time.
Creating a global platform for collaboration in education research and innovation has been the PISA initiative's aspiration from its conception in the late 1990s.
To give students the best possible chance to succeed, education must prepare them to handle issues that transcend national boundaries.
Water security is not just for domestic policies. International co-operation is crucial to sustainably manage trans-boundary water bodies and river basins.
Regulations for international accounting and funding will have to be examined to identify policies that inadvertently discourage institutional investors from putting their resources into longer-term, illiquid assets.
Some refugees will find it relatively easy to find jobs. A university-educated Syrian civil engineer arriving in Munich will need to learn some German, but once this is done, he or she is unlikely to have to wait too long before employers come knocking.
The concept of national treatment is a core component of investment and trade agreements. It promotes valuable competition on a level playing field. Investment treaties should not turn this idea on its head, giving privileges to foreign companies that are not available to domestic companies.
Principles of fair and equitable treatment included in many treaties are uncontroversial as general principles of good public governance.
Our leaders must get to grips with the huge risk that carbon dioxide emissions pose to the economy and the environment. As we know, carbon dioxide is a long-lived gas. It hangs around.
'Tax' is a bad word for politicians.
