Issued on: 13/11/2020 – 17:26
As European countries move into their second Covid-19 lockdowns of the year, the head of the Organisation for Economic Co-operation and Development backs measures seen by many as tough. Ángel Gurría tells FRANCE 24: "If you win the battle against the virus first, you will have less economic consequences." He adds that "there is no choice between lives and livelihoods; it's a false dilemma".
Mexican economist Ángel Gurría has been Secretary-General of the OECD since 2006 – throughout the global financial crash and subsequent recovery.
With hopes now high for viable vaccines against Covid-19, he's telling world leaders that the solutions to health and economic crises must carry the elements of our solutions to the environmental crisis too: "The single most important inter-generational responsibility is with the planet. That means the recovery, where we are going to make investments that have an impact for the next 30, 40 years, must absolutely have the sustainability of the planet in mind".
On the recently announced Pfizer vaccine, Gurría says: "It is a game changer […] The possibility of a vaccine being close is of enormous consequence. We still have to wait for it to be finalised, approved and distributed in sufficient amounts that it can get everywhere, so we are calculating that we are going to spend most of 2021 still living with the virus. But it changes expectations; the whole mood has improved considerably since the announcement."
On the refusal of Donald Trump, leader of the OECD's biggest single funder, to concede defeat in the US presidential election, Gurría sounds an upbeat note: "I believe that we will have an orderly transition of power in the United States come 20th January 2021. I believe in the institutions in the United States, I believe that the political forces in the United States will eventually align."
Finally, as talks drag on over a new Brexit deal on the future relationship between the EU and the United Kingdom, Gurría says he still expects a deal to be struck: "I believe that the common interest will lead to a deal […] The impact in Europe is going to be limited to the trade with the UK. The impact in the UK is going to be very serious, not only because of the flows of trade and flows of investment, but also because the overall business mood will be affected. So I am still counting on a deal."
Produced by Mathilde Bénézet