Secretary General, OECD
Introduction and Commentary
President, Center for Global Development
The 2008 global financial crisis and the rise of the G-20 as the world’s premier economic policy forum has created new challenges and opportunities for multilaterals. Since its creation as a global institution 50 years ago, the now 34-member Organization for Economic Cooperation and Development (OECD) has served as the key multilateral institution for market-based solutions to complex global problems, especially through its worldwide economic analysis, and its identification, promotion and monitoring of best practices on a global scale. How does the OECD meet this shift from the G-7/8 to the G-20 and meet the new realities and challenges of the rise of the major emerging economies and the focus on economic growth? Angel Gurria, a former Finance Minister and Foreign Minister of Mexico, recently was elected to his second term as OECD Secretary General. Gurria is the first head of the OECD from one of its major developing economies. He is uniquely positioned to guide the organization’s transition and new role in the rapidly changing global economic environment, encompassing both the free market economies and the rapidly emerging G-20 economies.