OECD warns weak trade and financial distortions damage global growth prospects
21/09/2016 – Weak trade growth and financial distortions are exacerbating slow global economic growth, according to the OECD’s latest Interim Economic Outlook. The global economy is projected to grow at a slower pace this year than in 2015, with only a modest uptick expected in 2017. The Outlook warns that a low-growth trap has taken root, as poor growth expectations further depress trade, investment, productivity and wages.
- Global growth warning: Weak trade, financial distortions, (PDF) Handout for the press
- Cardiac arrest or dizzy spell: why is world trade so weak and what can policy do about it? (PDF) Policy Paper No. 18
- Blogpost warning about global growth by Catherine L Mann, OECD Chief Economist
- Achieving and sharing the benefits of globalisation, Blogpost on OECD Insights blog
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