Tag Archives: Growth

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 …
Continue reading

Beyond Growth: Towards a New Economic Approach

The OECD has just published: Beyond Growth – Towards a New Economic Approach. We are facing a series of converging planetary emergencies linked to the environment, the economy, and our social and political systems, but we will not meet these challenges using the tools of the last century. We need to rethink the role of …
Continue reading

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 …
Continue reading

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 …
Continue reading

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 …
Continue reading

IMF World Economic Outlook – January 2020 Update

The IMF has recently released the latest World Economic Outlook (WEO), “Tentative Stabilization, Sluggish Recovery?” Global growth is projected to rise from an estimated 2.9 percent in 2019 to 3.3 percent in 2020 and 3.4 percent for 2021—a downward revision of 0.1 percentage point for 2019 and 2020 and 0.2 for 2021 compared to those …
Continue reading

IMF Regional Economic Outlook: Europe – November 2019

The IMF has just published the Regional Economic Outlook: Europe. Economic activity in Europe has slowed on the back of weakness in trade and manufacturing. For most of the region, the slowdown remains externally driven. However, some signs of softer domestic demand have started to appear, especially in investment. Services and domestic consumption have been …
Continue reading

IMF Economic and Fiscal Updates – October 2019

The IMF has just released three reports, the latest World Economic Outlook (WEO), “Global Manufacturing Downturn, Rising Trade Barriers,” the update to the Global Financial Stability Report (GFSR), “Lower for Longer;” and the Fiscal Monitor (FM), “How to Mitigate Climate Change.” According to the WEO, global growth is forecast at 3.0 percent for 2019, its …
Continue reading

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 …
Continue reading

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. …
Continue reading