April 27, 2011
Dakar, Senegal – “Creating favorable conditions for foreign and domestic private investment in Africa is essential to provide new engines of growth and employment, which will help improve social conditions”, says Ms. Marie Gad, Chair of the Africa Group of the Business and Industry Advisory Committee to the OECD (BIAC).
Much of Africa has experienced strong growth over past years, but increasing food prices, a lack of jobs (particularly among young people), pervasive corruption and ageing infrastructures pose a risk to stability and development. These problems need to be tackled if Africa’s development is to be sustained and strengthened.
April 7, 2011
On the occasion of BIAC’s General Assembly, over 120 international business, OECD, and Hungarian government policy decision makers met today to explore and discuss how the OECD and the international business community have, since the Organisation’s founding 50 years ago, worked together to promote open markets and job creation.
“Today’s generation of business and government leaders have faced no challenge more daunting than helping their societies adjust to and reap the potential rewards of globalisation,” stated BIAC Chairman Charles P. Heeter.
November 10, 2010
G20 Leaders are convening in Seoul on 11 and 12 November with the primary aim of achieving a G20 Framework for “strong, sustainable and balanced growth”. International business supports these efforts and wishes to reaffirm the key role of the private sector in this endeavour.
IOE and BIAC, the world’s lead representative business organisations, are committed to working with governments on policies necessary to support sustainable economic growth through private sector job creation.
October 8, 2010
Speaking to OECD Health Ministers on 7 October 2010, BIAC urged governments to work closely with the private sector to maximise the efficiency of health care systems with limited resources, and to obtain better value for money while improving quality of health care and patient outcomes.
May 28, 2010
Speaking at the OECD Ministerial Meeting 27-28 May 2010, BIAC urged governments to implement policies enhancing employability, innovation, green growth, and open trade and investment. Unwinding stimulus measures and returning to private sector-led growth is the only long run sustainable path to economic recovery and employment creation.