Modest pick-up in global growth but risks and vulnerabilities could derail recovery, says OECD

Will-risks-derail-the-modest-recovery-OECD-Interim-Economic-Outlook-March-2017

Global economic growth is expected to pick up modestly next year to around 3.6 % from a projected 3.3% in 2017 but risks of rising protectionism, financial vulnerabilities, potential volatility from divergent interest rate paths and disconnects between market valuations and real activity hang over the outlook, according to the OECD. Continue reading “Modest pick-up in global growth but risks and vulnerabilities could derail recovery, says OECD”

OECD’S recipe could help Greece stand out in key areas, says senior economist

Leonidas Stergiou / ekathimerini.com

Greece has broken every record with the speed of its fiscal adjustment and reforms, yet after three memorandums and six years, the competitiveness of its economy continues to lag behind some developing countries, according to Sean Ennis, senior economist at the Organization for Economic Cooperation and Development’s Competition Division. Continue reading “OECD’S recipe could help Greece stand out in key areas, says senior economist”