Organisation for Economic Co-operation and Development

“ These organizations shall, on a basis of equality, exercise a mutual influence on business and development policies, bear joint risks and joint responsibility for the expansion of the economic foundations of labour and the rise in labour productivity in production and trade, and shall share in the income earned through this cooperation according to their contribution to the realization of this income. ”

“ The Parties also recognise that generating and sustaining broad-based economic growth requires sustained high-level commitment by their governments to effectively and efficiently administer public institutions, invest in public infrastructure, welfare, health and education systems, and foster entrepreneurship and access to economic opportunity. ”

“ We must strengthen coordination and urge developed countries to show more concern forthe interests of developing countries and take concrete steps suchas debt alleviation and development assistance with no strings attached. Assistance is also needed to improve the capacity of developing countries in human resources and scientific and technological development and to tap their market potentials. ”

“ I hope the Senate will take early action approving the Convention establishing the Organization for Economic Cooperation and Development. This will be an important instrument in sharing with our allies this development effort--working toward the time when each nation will contribute in proportion to its ability to pay. For, while we are prepared to assume our full share of these huge burdens, we cannot and must not be expected to bear them alone. ”

“ Therefore, we should have full exchange and share of our respective experiences, draw upon achievements of modern civilization, better grasp and apply the objective laws on developing economy in the context of deepening economic globalization and improve the capacity of self-improvement. It is important to carry out institutional reform and innovation, take advantage of market mechanism, fully tap the potential and strike a balance between long term and immediate interests, growth and environment, and efficiency and fairness. ”

“ Our goal is to build on that progress by increasing the use of grants at the other multilateral development banks.We will also challenge universities, nonprofits, and the private sector to match government efforts by using grants to support development projects that show results. Open societies to commerce and investment. Trade and investment are the real engines of economic growth. Even if government aid increases, most money for development must come from trade, domestic capital, and foreign investment. ”

“ On January 3, 1957, the National Economic Council submitted its recommendations for updating the 1954 economic development program. These recommendations included a system of industrial priorities to govern the allocation of foreign exchange, the administration of the Government’s fiscal operations, and the extension of credit. We have adopted this industrial priority system as a guide in the implementation of projects which will make the maximum contribution to production, employment, and income. ”

“ Chapter III - Economic and Social Development Article 14 - Development programme The transitional Government shall launch a long-term economic and social development programme. With the support of international agencies, it shall begin work on remedying the economic situation, reversing the trends resulting from the crisis, particularly the intensification of poverty, and taking up the challenges that impede economic development. ”

“ The State shall be empowered to plan general economic activity by an act in order to meet collective needs, to balance and harmonize regional and sectorial development and to stimulate the growth of income and wealth and their more equitable distribution. ”

“ Article 44 The Member States agree that technical and financial cooperation that seeks to promote regional economic integration should be based on the principle of harmonious, balanced, and efficient development, with particular attention to the relatively less-developed countries, so that it may be a decisive factor that will enable them to promote, with their own efforts, the improved development of their infrastructure programs, new lines of production, and export diversification. ”

“ The basis of the national economy shall be social justice. The support of the national economy shall be sincere co-operation between public and private activity. The aim of the national economy shall be the achievement of economic expansion, increased production, the raising of standards of living and the achievement of prosperity for citizens within the limits of the Law.
The Union shall encourage co-operation and saving. ”

“ The Minister for Internal Economic Relations shall be responsible for the coordination and harmonization of the member states’ economic systems in order to establish and ensure the smooth operation of the common market including the free movement of people, goods, services and capital. ”

“ In order to protect the vital interests of the people, to further the people's prosperity and the right use of all economic potentialities and forces, the state directs the economic life and development of the country in accordance with a general economic plan, relying on the state and cooperative economic sectors, while achieving a general control over the private economic sector. ”

“ Article I Convinced of the close community of their interests and of the necessity of uniting in order to promote the economic recovery of Europe, the High Contracting Parties will so organize and co-ordinate their economic activities as to produce the best possible results, by the elimination of conflict in their economic policies, the co-ordination of production and the development of commercial exchanges. ”

“ We acknowledge the importance for international financial institutions to support, in line with their mandates, the policy space of each country, in particular developing countries. We recommit to broadening and strengthening the voice and participation of developing countries – including African countries, least developed countries, landlocked developing countries, small island developing States and middle-income countries – in international economic decision-making, norm-setting and global economic governance. ”

“ In the areas of development cooperation and humanitarian aid, the Union shall have competence to carry out activities and conduct a common policy; however, the exercise of that competence shall not result in Member States being prevented from exercising theirs. Article 5 1. The Member States shall coordinate their economic policies within the Union. To this end, the Council shall adopt measures, in particular broad guidelines for these policies. ”

“ The state shall take measures in keeping with national and economic interests, to promote the development of cooperatives, which shall be primarily designed to increase production and protect consumers. ”

“ At the same time, national development efforts need to be supported by an enabling international economic environment, including coherent and mutually supporting world trade, monetary and financial systems, and strengthened and enhanced global economic governance. ”

“ Still, the effectiveness of any proposal must be determined by its results in the realm of those routine affairs with which the organization will be called upon to deal. A world producers' federation will be constituted for the purpose of handling certain world economic problems, and the means by which this control will be exercised is a matter of the first importance. ”

“ At the same time, we have been supporting the efforts of the private sector in obtaining contracts in infra­structure and services in those countries.
While we venture into the accelerated develop­ment of industry, agriculture, trade and the other sectors of the economy, we shall continue to gear a major part of our programs to more equitable access by our people to social opportunities and to fuller development and utilization of our human resources. ”

“ Union policy in the field of development cooperation shall be conducted within the framework of the principles and objectives of the Union's external action. The Union's development cooperation policy and that of the Member States complement and reinforce each other. Union development cooperation policy shall have as its primary objective the reduction and, in the long term, the eradication of poverty. The Union shall take account of the objectives of development cooperation in the policies that it implements which are likely to affect developing countries. ”

“ Reiterates the importance of institution-building in complementing and contributing to the development of an economy characterized by sound macroeconomic policies, the development of a financial sector that provides services, inter alia, to microenterprises, small and medium-sized enterprises and households, transparent business regulations and accountability, and emphasizes the connection between generating economic growth, including through infrastructural projects, and the creation of job opportunities in Afghanistan ”

“ The determination of national economic policies, and the power to promote interprovincial commerce and to protect the common market in respect of the mobility of goods, services, capital and labour, should be allocated to the national government. ”

“ We will encourage, support and guide the development of the non-public sector. We will implement all the policies for relaxing controls over market access and energetically support the involvement of private capital in SOE reform and its entry into such areas as infrastructure, public utilities, financial services and social programs. ”

“ Identifying the priorities of national development is a crucial step in nation building. For instance, when you’re constructing a carpeted road, it is essential to identify if construction of that carpeted road is a necessity of that town or village? If it’s the construction of a factory, is that a necessity to that town or city, is it cost efficient or the result of mere political request? When an independent private corporation decided to invest in a project they make sure it is cost-efficient, profitable and have a positive effect on the economy. ”

“ Our Government should give full encouragement to the establishment by private enterprise of new industries which will advance economy.
Our development program must be based, and should rely mainly, on internal financing. We must promote the widest and most effective utilization of our resources. ”

“ The second Phase of the timetable emphasizes the commitments relating to modernization and decentralization of the State, public administration reform and fiscal policy. Progress in these areas is essential to the implementation of most of the commitments made, especially the commitments to increase social spending, improve and expand economic and social infrastructure and strengthen public participation in the definition of public policy. ”

“ Economic reforms, launched by the new democratic government in 1991, are aimed at developing the private sector and attracting foreign investment to diversify the economy. Prospects for 1999 depend heavily on the maintenance of aid flows, remittances, and the momentum of the government's development program. ”

“ One may guess that in each nation all the Boards and communal authorities will ultimately be represented in some central Executive, or Industrial Ministry; that the Minister of Agriculture, of Mineral Industries, of Textile Industries, and so on, will have relations with similar officers in other lands; and that thus, internationally as well as nationally, co-operation will replace competition. ”

“ The economic life of the country—agriculture, industry, commerce and transport—must be subjected to one unified plan, constructed so as to satisfy the individual and social requirements of the wide masses of the people; it must be approved by their elected representatives, and carried out under the direction of these representatives by means of national and local organisations. ”

“ My hope is that as the true value of the Trade Board comes to be better understood, its powers, far from being jealously curtailed, or confined to the suppression of the worst form of underpayment, will be extended to skilled employments, and organised industries, and be used not merely to fulfil the duty of the community to its humblest members, but to serve its still wider interest in the development of peaceful industrial co-operation. ”

“ In view of this constitutional scheme of collective responsibility, we submitted to Congress at the beginning of our term a blueprint for national development known as the Five-Year Integrated Socio-Economic Development Program. By this program, we addressed ourselves specifically to the three-fold objective of accelerating the development of our economy, improving the living conditions of our people, and providing a strong basis of dynamic growth. ”

“ The State shall promote the formation and development of the national corporative economic system, taking care to prevent any tendency among its constituent bodies to indulge in unrestricted competition with each other, contrary to their own proper aims and those of society, and shall encourage them to collaborate as members of the same community. ”

“ Under any form of society that can be foreseen in the immediate future, the need of close co-operation between the various parts of the world economic mechanism will tend to increase rather than to diminish, and it is therefore of great importance to have at hand a means of maintaining and facilitating the contacts between the different economic groups. ”