| "(...) At its meeting of May 1999, the Ministerial Council asked the OECD to Analyse the causes underlying differences in growth performance in OECD countries and identify factors, institutions and policies that could enhance long-term growth prospects. In response to this request, the OECD launched a two-year study involving three Directorates and a number of Committees. A first report entitled Is There a New Economy? was presented to the Ministerial Council in June 2000. This executive summary of the Final Report, entitled The New Economy: Beyond the Hype draws the main policy conclusions from the two-year project. It complements the OECD report on Sustainable Development, which provides policy directions on how economic growth can be balanced with environmental goals. Well-designed and coherent policies in both areas would allow for economic development, environmental protection and social progress to be mutually supportive. Together, the two reports present a concrete policy agenda for the years to come. (...)" |
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