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OECD calls for reforms to wake up growth

Promoting entrepreneurship, labour mobility and higher productivity are all on the menu the OECD recommended to policymakers at the start of a G20 finance ministers meeting in ShanghaiWith little hope for the world economy picking up pace soon, governments must tackle reforms at home to kickstart growth, the OECD said on Friday. Promoting entrepreneurship, labour mobility and higher productivity were all on the menu of the Organisation for Economic Cooperation and Development’s (OECD) recommendations to policymakers. “Global growth prospects remain clouded in the near term,” it said in its “Going for Growth” interim report, released ahead of a G20 finance ministers meeting in Shanghai.

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