Stockbuilding pushes OECD GDP growth up to 0.5% in the third quarter of 2016
Growth momentum picking-up in several advanced economies and strengthening in major emerging economies
OECD annual inflation picks up to 1.4% in October 2016, driven by energy prices
Expansionary fiscal initiatives and maintaining trade openness are needed to push the global economy out of today’s low-growth trap, according to the OECD’s latest Global Economic Outlook.
OECD GDP growth accelerates to 0.6% in third quarter of 2016
Malaysia’s economy has proven resilient to global headwinds, but more can be done to boost innovation, raise productivity and shift to a more sustainable growth path that will boost living standards for all, according to two new reports from the OECD.
Composite leading indicators continue to point to stable growth momentum in the OECD area with growth gaining momentum in major emerging economies
OECD annual inflation increases to 1.2% in September 2016, driven by energy prices
Indonesia has undergone an extraordinary transformation over the past two decades, benefiting from strong growth that has lifted millions out of poverty and allowed important progress in areas such as health and education. But low levels of public spending and tax revenue are undermining the quality of social services and exacerbating infrastructure gaps, according to the OECD.
Economic and social reforms undertaken over the past two decades have driven Peruvian efforts to achieve sustainable economic growth and important reductions in poverty. Against a context of weak global growth, Peru will need to diversify its economy, boost skills, reinforce productivity across the labour force and unleash the potential of all regions in order to spur more inclusive national growth.