The OECD has recently published its latest Economic Outlook. According to the report, the Covid-19 pandemic has triggered the most severe recession in nearly a century and is causing enormous damage to people’s health, jobs and well-being. As restrictions begin to ease, the path to economic recovery remains highly uncertain and vulnerable to a second …
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The coronavirus presents the global economy with its greatest danger since the financial crisis, according to the OECD’s latest Interim Economic Outlook. Growth was weak but stabilising until the coronavirus Covid-19 hit. Restrictions on movement of people, goods and services, and containment measures such as factory closures have cut manufacturing and domestic demand sharply in …
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The global economy has become increasingly fragile and uncertain, with growth slowing and downside risks continuing to mount, according to the OECD’s latest Interim Economic Outlook. Economic prospects are weakening for both advanced and emerging economies, and global growth could get stuck at persistently low levels without firm policy action from governments, according to the …
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The OECD has just published its latest Economic Outlook. According to the report, global growth slowed sharply in late 2018 and is now stabilising at a moderate level. Escalating trade conflicts and dangerous financial vulnerabilities threaten a new weakening of activity by undermining investment and confidence worldwide. The global economy is expected to achieve moderate …
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The OECD has just published its latest Economic Outlook. According to the report, global economic growth remains strong but has passed its recent peak and faces escalating risks including rising trade tensions and tightening financial conditions. Growth forecasts for next year have been revised down for most of the world’s major economies. Global GDP is …
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