Restoring growth

OECD Economic Outlook, November 2023

Global growth will remain moderate 

Inflation is expected to ease

Fiscal policy needs to prevent unsustainable debt increases

Trade growth is weak

What should governments do?

1. Monetary policy needs to remain restrictive

2. Fiscal policy needs to prepare for future spending pressures

3. Keep markets open and implement structural reforms to restore growth

Country economic snapshots

OECD Economic Outlook, Volume 2023 Issue 2

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