Tag Archives: Global Economy

Latest Interim OECD Economic Outlook – Coronavirus: Living with Uncertainty

With the COVID-19 pandemic continuing to threaten jobs, businesses and the health and well-being of millions amid exceptional uncertainty, building confidence will be crucial to ensure that economies recover and adapt, according to the OECD’s latest Interim Economic Outlook. After an unprecedented collapse in the first half of the year, economic output recovered swiftly following …
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OECD Economic Outlook – June 2020

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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Global Economic Prospects, June 2020

The World Bank has just published the report “Global Economic Prospects, June 2020”. The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries …
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Last Interim OECD Economic Outlook – Coronavirus: the World Economy at Risk

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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UNCTAD: World Economic Situation and Prospects 2020

UNCTAD has recently launched the report “World Economic Situation and Prospects 2020”. The global economy has suffered a significant slowdown amid prolonged trade disputes and wide-ranging policy uncertainties. While a slight uptick in economic activity is forecast for 2020, the World Economic Situation and Prospects 2020 warns that economic risks remain strongly tilted to the …
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Latest Interim OECD Economic Outlook – Warning: Low Growth Ahead

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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Global Economic Prospects, June 2019: Heightened Tensions, Subdued Investment

The World Bank has just published the report “Global Economic Prospects, June 2019: Heightened Tensions, Subdued Investment”. Global growth has continued to soften this year. Subdued investment in emerging market and developing economies (EMDEs) is dampening potential growth prospects. Risks to the outlook remain firmly on the downside, including the possibility of escalating trade tensions. …
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OECD Economic Outlook – May 2019

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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Global Economic Prospects, January 2019: Darkening Skies

The World Bank has recently published the report “Global Economic Prospects, January 2019: Darkening Skies”. Global economic prospects have darkened. Financing conditions have tightened, industrial production has moderated, and trade tensions remain elevated. The recovery in emerging market and developing economies has stalled, and some countries have experienced significant financial stress. Downside risks have increased, …
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Global Economic Prospects, June 2018: The Turning of the Tide?

The World Bank has just published the report “Global Economic Prospects, June 2018: The Turning of the Tide?”. Global growth has eased but remains robust, although with downside risks. The possibility of financial market stress, escalating trade protectionism and heightened geopolitical tensions continue to cloud the outlook. Financial market stress could arise as a result …
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