Born on May 8th, 1950, in Tampico, Mexico, Mr Gurría’s distinguished career in public service in his country, includes positions as Minister of Foreign Affairs and Minister of Finance and Public Credit in the 1990s. For the first time in a generation, he steered Mexico’s economy through a change of Administration without a recurrence of the financial crises that had previously dogged such changes.
As Secretary-General of the Organisation of Economic Co-operation and Development (OECD) from 2006 to 2021, Angel Gurría firmly established the Organisation as a pillar of the global economic governance architecture including the G7, G20 and APEC, and a reference point in the design and implementation of better policies for better lives. He broadened OECD’s membership with the accession of Chile, Estonia, Israel, Latvia, Slovenia, Colombia and Costa Rica and made the Organisation more inclusive by strengthening its links with key emerging economies. Under his watch, the OECD lead the effort to reform the international tax system, and to improve governance frameworks in anti-corruption and other fields. He also heralded a new growth narrative that promotes the well-being of people, including women, gender and youth, and scaled up the OECD contribution to the global agenda, including the Paris Agreement on Climate Change and the adoption of the Sustainable Development Goals.
Mr Gurría holds a B.A. degree in Economics from UNAM (Mexico) and an M.A. degree in Economics from Leeds University (United Kingdom). He has received Honorary Degrees from the Universidad del Valle de México, Rey Juan Carlos University, European University of Madrid, and the Universities of Leeds, Haifa and Bratislava.
Who are the winners and losers of the pandemic – internationally, within countries, and within sectors? Apart from the clear winners and losers, what should policy do about the ‘in-betweens’ to facilitate a potent, sustainable, equitable recovery?
Recessions and shocks change the structure of the economy, accompanied by the flourishing of some sectors and shrinkage of others. Like other crises, the COVID-19 crisis seems to be creating winners and losers across economies, sectors, and employment.
The lockdown shock inhibits physical commerce and jobs in sectors, such as high street retailers, office property, fossil fuels, travel, entertainment, accommodation, and food services but also reallocating vast resources into industries, such as pharmaceuticals, e-commerce, tech manufacturing, renewables, fintech and digital entertainment.