OECD Economic Outlook November 2017
Press conference material
> The policy challenge: Catalyse the private sector for stronger and more inclusive growth, (PDF) Handout with summary of projections & editorial
> Download the presentation (PDF)
> Press release, OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth
> Read the Blogpost
Watch the press conference
Content
General assessment of the macroeconomic situation
> General assessment of the macroeconomic situation
The global economy is now growing at its fastest pace since 2010, with the upturn becoming increasingly synchronised across countries. This long awaited lift to global growth, supported by policy stimulus, is being accompanied by solid employment gains, a moderate upturn in investment and a pick-up in trade growth. Global GDP growth is projected to be just over 3½ per cent this year, strengthening further to 3¾ per cent in 2018 before easing slightly in 2019. On a per capita basis, growth is set to improve but fall short of pre-crisis norms in the majority of OECD and non-OECD economies. Inflation is currently subdued in the major economies and is set to remain moderate, although edging up gradually as resource pressures build.
Resilience in a time of high debt
Indebtedness of households and non-financial corporations in many advanced and emerging market economies is high. In many countries, it is continuing to rise. Highly indebted countries may be vulnerable to financial and real shocks, and such indebtedness may undermine the sustainability of growth in the medium term.
> Resilience in a time of high debt (PDF)
> Download Resilience Presentation
> BlogPost Should we worry about high household and corporate debt?
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Spanish & Portuguese: selected texts
Slideshow
Evaluación general
> Evaluación general de la situación économica
La economía mundial crece ahora a su ritmo más alto desde 2010 y el repunte está cada vez más sincronizado entre los distintos países. La tan ansiada mejora del crecimiento mundial está respaldada por el estímulo de las políticas adoptadas y lleva aparejada un sólido aumento del empleo, una moderada recuperación de la inversión y un repunte de la actividad comercial. Se prevé que el crecimiento del PIB mundial se sitúe justo por encima del 3½ por ciento este año, aumentando hasta el 3¾ por ciento en 2018 antes de retroceder ligeramente en 2019.