Economy

IMF WB Spring Meetings- G7 FMCBG: Global Economy

Our assessment is broadly consistent with that of the IMF and things could actually go worse: a disorderly Brexit, US tariffs on cars, or weaker demand in a large European country could have severe knock-on effects throughout Europe.

G20 FMCBG Meeting, Session 1: Global Economy

And risks are biased on the downside. Materialisation of these risks, alone, or combined, could derail the global outlook, all the more that trade and financial integration have made the G20 economies highly interdependant. In this context, I would like to insist on the benefits of policy cooperation

OECD Economic Survey of the United States: Key Research Findings

Launch of the 2018 Economic Survey of the United States

It is a pleasure to be back at the Press Club to present the OECD’s 2018 Economic Survey of the United States.

Amid strong outlook for U.S. economy, risks abound

The U.S. economy is experiencing one of the longest expansions on record, but the scars left by the Great Recession, as well as challenges posed by globalization and automation shocks, remain visible across the country, according to a new report from the OECD.

Economic Survey of the United States 2018

Amid strong outlook for U.S. economy, risks abound

Mr. Angel Gurría, Secretary-General of the OECD, in Washington on 6-7 June 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Washington on 6-7 June 2018 to present the 2018 OECD Economic Survey of the United States.While in Washington, the Secretary-General will hold bilateral meetings with several US high level officials.

Mr. Angel Gurría, Secretary-General of the OECD, in Washington, DC from 19th to 21st April 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Washington, DC from 19th to 21st April to attend the 2018 International Monetary Fund / World Bank Spring Meetings, as well as meetings of G7 and G20 Finance Ministers and Central Bank Governors.

G20 Finance Ministers and Central Bank Governors meeting: Global Economy and Framework for Growth

The latest OECD Interim Economic Outlook forecast global GDP growth to increase from around 3% last year to just over 3½% this year and next. Supported by policy stimulus, growth performance has been strong in the first half of the year and more synchronised across the world. Argentina, Brazil and Russia are returning to growth.

G20 Finance Ministers and Central Bank Governors meeting: remarks on the global economy and framework for growth

Latest indicators of rising business confidence and industrial production are welcome. However, we have been here before over the past five years and left “Waiting for Godot” – for the recovery that never comes. There are reasons to be more optimistic this time around. But we have not yet decisively escaped the low-growth trap. Growth in productivity and wages remains lackluster. Inequality and political tensions are high.