Page 64

Putting people’s well-being at the core of its analysis and addressing inequalities are a good start, but it seems that more audacity will be needed. This means not only challenging orthodoxy–after all, the classic view that a rising tide of growth would lift all boats now looks decidedly leaky–but building on the likes of OECD Forum to further strengthen its social dialogue and citizen consultation, as well as producing eye-catching narratives via this magazine, its blogs, and so on, as these are essential means for increasing legitimacy.

so we need our public organisations to perform. It is the spirit of projects such as the OECD’s NAEC which gives us optimism that effective solutions will be found both for our countries and the architecture of global governance, too.

©David Rooney

becoming wary of holding public consultations through referenda at all. Could the OECD, in the self-challenging spirit of NAEC, help counteract such detrimental trends by developing bold new policy approaches that our countries can use to win back confidence?

All this may not convince everyone, but probably nothing ever will. Such steps are important if the OECD is to succeed

* The views expressed in this article are those of the authors only.

in finding a new paradigm that policy makers will subscribe to and help the organisation deliver on its motto of “better policies for better lives”. In short, countries also have a role to play in this hunt for legitimacy, by giving the OECD the time and support it needs to develop a satisfactory and coherent framework for addressing economic challenges beyond GDP and acknowledging the major paradigm change this involves.

References For the Chair’s Summary of the OECD Ministerial Council Meeting 2016 (reference C/MIN(2016)9, visit http://oe. cd/1wo Gass, Ron (2013) “Speaking truth to power: Reflections on the future of the OECD”, in OECD Observer No 294, January Clarke, Rory, and Lyndon Thompson (2011), “A Majestic Start: How the OECD was won”, OECD Yearbook Ostry,Jonathan D, Prakash Loungani and Davide Furceri (2016), “Neoliberalism: Oversold?”, IMF Finance & Development, June, Vol 53, No 2, Washington DC

At the end of the day, policy makers will cling on to failed old approaches if no convincing alternatives are found,

20th anniversaries

Hungary, 7 May 2016

Poland, 22 November 2016

The OECD has accompanied and supported Poland every step of the way. OECD analysis and policy advice have contributed to shaping this successful economic and social transformation. Since 1990, under the Partners in Transition Programme, the OECD accompanied Poland in its key reforms. We have been supporting Poland’s efforts to foster competition and trade, fight corruption, adopt responsible business conduct and find solutions to social challenges such as ageing. We have also been working with Poland on education, governance, innovation and fostering local development. [...] Ours is a true partnership. All OECD member and candidate countries can learn from Poland’s rapid economic development and its resilience to international shocks like the financial crisis. […] Extract from a speech by OECD Secretary-General Angel Gurría, delivered in Warsaw, Poland, 25 November 2016. Read the full speech: http://oe.cd/1Hy

62

©OECD

The past 20 years have been a success story for Poland: the country has grown faster than any other European economy. Poland has made impressive progress in raising living standards. Between 1990 and 2015, the GDP per capita gap with the OECD average was closed by more than 25 percentage points, from 38% in 1990 to 65% in 2015. Remarkable! […]

Hungary marks 20: OECD Secretary-General Angel Gurría with Viktor Orbán, prime minister of Hungary, which celebrated its 20th anniversary at the OECD on 7 May 2016. See speech: http://oe.cd/1HB

OECD Observer No 308 Q4 2016  
Read more
Read more
Similar to
Popular now
Just for you