Tag: oecd

BUSINESS

OECD Bets On China To Help Restore Global GDP

The Organization for Economic Cooperation and Development (OECD) is predicting that a robust recovery in China should help global GDP recover to pre-pandemic levels by the end of next year. The OECD released its latest forecasts in a report recently. The organization’s chief economist Laurence Boone says progress with vaccines and treatment have lifted expectations and uncertainty has receded. But […]

NEWS

OECD Warns Increased Risks To Global Outlook

The Organization for Economic Cooperation and Development (OECD) has warned that risks to the global outlook have increased. The OECD in a new report said prospects have steadily deteriorated. It now expects economic activity around the world to expand by 2.9 percent next year, a decline of 0.1 percentage points from a previous forecast issued in September. Growth was likely […]