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As we once again gather for the Organisation for Economic Co-operation and Development (OECD) Week here in Paris, a lot has changed since the last major gathering of businesses and policy makers from around the world that took place in Davos during the World Economic Forum in late January.
The mood then was very optimistic and outlook robust. Global businesses were extremely upbeat as the world economy had just completed its best year in over a decade, with a 3.8 pc growth. On the political side, too, things were looking stable.
Since then, things seem to have gone berserk in practically all spheres, including economies and geopolitics. Hence, the situation of global economy is bound to figure high in the meeting at the OECD as are issues like inclusive growth, sustainable development, education and training, health and even tourism.
Although India is touted to be one of the fastest growing economies in the world, the nation is not generating enough jobs. The grim scenario is likely to worsen despite high voltage political rhetoric. Employment creation is a promise that figures in most election manifestos of political parties across the globe. Political parties in India … Continue reading Where are the Jobs?
India is battling to reduce emissions and its vast carbon footprint. After renewable and solar energy missions, the country’s latest initiative is focused on cleaner, safer and simpler electric vehicles. However, the plan is mired in starting hiccups. Every summer India sizzles with scorching heat with the mercury touching the 48-degree Celsius mark. Death then … Continue reading Going Electric
Ángel Gurría, secretary general, OECD, spoke to Biz@India about his experience at Davos 2018 and also about the structural change in policies, globalisation, sustainable development and how it can be achieved. Can you please tell us about the current mood here in Davos 2018? The mood seems to be quite optimistic because what we were … Continue reading Ángel Gurría
