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.
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.
Nobody in their right mind will even attempt or even think of leaving the European Union, because they will understand that it is not in their best interest.
Governments need to be seriously sceptical about whether new coal provides a good deal for their citizens.
In the face of sluggish growth, aging societies, and increasing educational attainment of young women, the economic case for gender equality is clear.
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.
In a world that places a growing premium on social skills, education systems need to do much better at fostering those skills systematically across the school curriculum.
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.
We are dealing with the greater challenges of globalisation. It is generating, in many cases, an increase in the levels of inequality in societies... that is undesirable.
The OECD should promote everything that's consistent with its mandate, which is to make the world economy work better.
If we want a stronger, cleaner, and fairer world economy, we need to deal with the controversial areas of globalisation, such as tax havens.
Our mission is to make the world economy work better.
