The OECD is a "force for good"

“The government’s top priority is reducing the nation’s deficit and returning Britain to strong and sustainable growth. That means the right economic policies at home and creating the right economic environment abroad.

As part of our work to get the global economy back on its feet, the UK will continue to champion the Organisation for Economic Co-operation and Development. It’s one of the world’s major international economic organisations and a force for good in building the intellectual and political case for open markets.

Today, I welcomed its secretary-general, Angel Gurría, to No 10 Downing Street. Over the last five years, he has revitalised the OECD and reinforced its role as a world leader in analytical and policy advice. And on the occasion of his visit to London, I congratulated the secretarygeneral on the OECD’s 50th anniversary.

The UK was one of the founding members of the OECD in 1961. The last 50 years have seen enormous growth in living standards in all regions of the world, and the OECD has played a major role in fostering, supporting and sustaining that growth.

I believe the OECD has a vital to role to play in today’s world economy. Through its engagement with the world’s emerging as well as developed economies, the OECD has the experience and the commitment to deliver on its declared aim: to promote ‘better policies for better lives’ in its member states and in the wider world.”

This statement was delivered 16 March 2011. See www.oecd.org/speeches


©OECD Observer No 284, Q1 2011




Economic data

GDP growth: +0.7% Q2 2017 year-on-year
Consumer price inflation: 2.3% Sept 2017 annual
Trade: +1.4% exp, +1.7% imp, Q2 2017
Unemployment: 5.7% Sept 2017
Last update: 14 Nov 2017

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