Enhancing productivity for inclusive growth

OECD Ministerial Council Meeting 2016

President Michelle Bachelet of Chile and OECD Secretary General Angel Gurría ©Julien Daniel / OECD

The 2016 OECD Ministerial Council Meeting (MCM) was held at the OECD headquarters in Paris on Wednesday and Thursday 1-2 June 2016, back to back with the OECD Forum, which started on 31 May (www.oecd.org/forum).

The MCM took place under the chairmanship of Chile, with Finland, Hungary and Japan as vice-chairs. The meeting brought together OECD member and partner countries, to explore policies that respond to productivity growth and inclusion goals in mutually reinforcing ways. In a global economic context of slow growth, weak trade and investment, and persistently high unemployment, the ministers called on the OECD to explore policy solutions for enhancing productivity while fostering inclusive growth.

Special attention was paid to how to achieve higher productivity and enhance inclusiveness, at the individual (or household), firm, regional and country level. Ministers also discussed the economic outlook, the strategic orientations of the OECD Secretary-General, how to help achieve the UN Sustainable Development Goals and how to strengthen the contribution of trade and investment to productivity and inclusive growth, while making further progress on Responsible Business Conduct standards. They also discussed the future of work in response to digitalisation and rapid technological change and preparing for the Next Production Revolution.

This year’s MCM marked the accession of Latvia as the organisation’s 35th member country, and the launch of the OECD Latin America and Caribbean Regional Programme (see http://oe.cd/1AV). Ministers commended the progress made by Colombia, Costa Rica and Lithuania in their ongoing accession processes. They welcomed the OECD’s strong collaboration with the G7, G20, APEC, and the Pacific Alliance, and called on the OECD to advance further its work on the international governance architecture, and its work with emerging and developing countries, to raise the global visibility and impact of the OECD’s work and standards. Ministers agreed on the value of the OECD’s global reach and called for a strategic reflection by the OECD on its future size and membership.

References

Chair’s summary http://oe.cd/1wo

Ministerial Council Statement http://oe.cd/1wp

Strategic Orientations of the Secretary-General http://oe.cd/1wr

Declaration on Enhancing Productivity for Inclusive Growth http://oe.cd/1wq

The Productivity-Inclusiveness Nexus http://oe.cd/1ws

Other reports from the 2016 meeting, and from annual Ministerial Council Meetings held since 2009, are available at www.oecd.org/mcm/documents (scroll to bottom).

Communiqués from 1976 to 2008 are available at www.g8.utoronto.ca/oecd/index.html

For all archives, contact Library&Archives@oecd.org

©OECD Observer No 307 Q3 2016




Economic data

E-Newsletter

Stay up-to-date with the latest news from the OECD by signing up for our e-newsletter :

Twitter feed

Suscribe now

<b>Subscribe now!</b>

To receive your exclusive paper editions delivered to you directly


Online edition
Previous editions

Don't miss

  • Africa's cities at the forefront of progress: Africa is urbanising at a historically rapid pace coupled with an unprecedented demographic boom. By 2050, about 56% of Africans are expected to live in cities. This poses major policy challenges, but make no mistake: Africa’s cities and towns are engines of progress that, if harnessed correctly, can fuel the entire continent’s sustainable development.
  • “Nizip” refugee camp visit
    July 2016: OECD Secretary-General Angel Gurría visits the “Nizip” refugee camp, situated between Gaziantep and the Turkish-Syrian border, accompanied by Turkey’s Deputy Prime Minister Mehmet Şimşek. The camp accommodates a small number of the 2.75 million Syrians currently registered in Turkey, mostly outside the camps. In his tour of the camp, Mr Gurría visits a school, speaks with refugees and gives a short interview.
  • OECD Observer i-Sheet Series: OECD Observer i-Sheets are smart contents pages on major issues and events. Use them to find current or recent articles, video, books and working papers. To browse on paper and read on line, or simply download.
  • Queen Maxima of the Netherlands gives a speech next to Mexico's President Enrique Pena Nieto (not pictured) during the International Forum of Financial Inclusion at the National Palace in Mexico City, Mexico June 21, 2016.
  • How sustainable is the ocean as a source of economic development? The Ocean Economy in 2030 examines the risks and uncertainties surrounding the future development of ocean industries, the innovations required in science and technology to support their progress, their potential contribution to green growth and some of the implications for ocean management.
  • OECD Environment Director Simon Upton presented a talk at Imperial College London on 21 April 2016. With the world awash in surplus oil and prices languishing around US$40 per barrel, how can governments step up efforts to transform the world’s energy systems in line with the Paris Agreement?
  • Happy 10th birthday to Twitter. This 2008 OECD Observer interview with Henry Copeland said you’d do well.
  • The OECD Gender Initiative examines existing barriers to gender equality in education, employment, and entrepreneurship. The gender portal monitors the progress made by governments to promote gender equality in both OECD and non-OECD countries and provides good practices based on analytical tools and reliable data.
  • Once migrants reach Europe, countries face integration challenge: OECD's Thomas Liebig speaks to NPR's Audie Cornish.

  • Message from the International Space Station to COP21

  • The carbon clock is ticking: OECD’s Gurría on CNBC

  • If we want to reach zero net emissions by the end of the century, we must align our policies for a low-carbon economy, put a price on carbon everywhere, spend less subsidising fossil fuels and invest more in clean energy. OECD at #COP21 – OECD statement for #COP21
  • They are green and local --It’s a new generation of entrepreneurs in Kenya with big dreams of sustainable energy and the drive to see their innovative technologies throughout Africa. blogs.worldbank.org
  • Pole to Paris Project
  • In order to face global warming, Asia needs at least $40 billion per year, derived from both the public and private sector. Read how to bridge the climate financing gap on the Asian Bank of Development's website.
  • How can cities fight climate change?
    Discover projects in Denmark, Canada, Australia, Japan and Mexico.
  • Climate: What's changed, what hasn't, what we can do about it.
    Lecture by OECD Secretary-General Angel Gurría, hosted by the London School of Economics and Aviva Investors in association with ClimateWise, London, UK, 3 July 2015.
  • Is technological progress slowing down? Is it speeding up? At the OECD, we believe the research from our Future of ‪Productivity‬ project helps to resolve this paradox.
  • Is inequality bad for growth? That redistribution boosts economies is not established by the evidence says FT economics editor Chris Giles. Read more on www.ft.com.
  • Interested in a career in Paris at the OECD? The OECD is a major international organisation, with a mission to build better policies for better lives. With our hub based in one of the world's global cities and offices across continents, find out more at www.oecd.org/careers .

Most Popular Articles

Poll

What issue are you most concerned about in 2016?

Unemployment
Euro crisis
International conflict
Global warming
Other

OECD Insights Blog

NOTE: All signed articles in the OECD Observer express the opinions of the authors
and do not necessarily represent the official views of OECD member countries.

All rights reserved. OECD 2016