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OECD-FAO AGRICULTURAL OUTLOOK 2022-2031
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ECONOMIC SURVEY OF ESTONIA 2022
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AGRICULTURAL POLICY MONITORING & EVALUATION 2022
Reforms essential to combat climate change and market distortions

OECD MINISTERIAL COUNCIL MEETING 2022
Statement from the OECD’s annual meeting

In focus

A weakening outlook for the world economy

Projections for economic growth in 2022 have been slashed since December 2021, as countries grapple with fresh supply shocks in energy and commodities following Russia’s invasion of Ukraine. 

Of the major economies, Germany and Italy have seen the biggest downward revisions in 2022 growth projections, at -2.2% and -2.1%, respectively. In the Euro area and the US, they have been revised by -1.7% and -1.3%, respectively. World GDP growth in 2022, previously expected to reach almost 4.5% in December, is now projected to be just over 3.0%.

This weakening global outlook for the world economy is a price of Russia’s war, and will be paid through lower real incomes and fewer job opportunities.

Explore: The Price of War – OECD Economic Outlook, June 2022

 

 

Videos, podcasts, blogs

Russia’s war in Ukraine has set the global economy on a course of lower growth and rising inflation. Laurence Boone outlines the consequences and policy challenges ahead. 

» See all OECD videos

 

Understanding human behaviour works hand-in-hand with climate change policy. The OECD’s Chiara Varazzani and Rare’s Kevin Green explain how.

» See all OECD podcasts

 

What does the pandemic-driven urban flight mean for how we manage our cities? The OECD’s Rudiger Ahrend, Boris Cournède, Paolo Veneri and Volker Ziemann investigate.

» See all blog posts

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