Growth is taking a dangerous downward turn

by Laurence Boone, OECD Chief Economist For over 18 months, since the outbreak of trade hostilities, growth has been weakening, slowly but surely. In May 2018 the OECD, along with other organisations, was predicting global growth of around 4% for 2019, whereas our current forecasts are for growth of below 3%. In the first half … More Growth is taking a dangerous downward turn

La croissance s’amenuise dangereusement

Par Laurence Boone, Cheffe économiste de l’OCDE Depuis plus de 18 mois, depuis le début des hostilités commerciales, la croissance faiblit, lentement mais sûrement. Alors qu’en mai 2018, l’OCDE comme d’autres institutions prévoyait une croissance mondiale pour 2019 proche de 4%, aujourd’hui nous estimons qu’elle sera inférieure à 3%. L’investissement mondial augmentait au rythme de … More La croissance s’amenuise dangereusement

América Latina: las perspectivas económicas repuntan levemente pero se requieren reformas para impulsar la productividad y disminuir desigualdades

Alvaro S. Pereira (Director) y mesas de países latinoamericanos, Departamento de Economía, Directorado de estudios de países, OCDE Hace un año, la OCDE advirtió sobre el riesgo que las incertidumbres comerciales y políticas dañen de manera significativa la economía mundial y contribuyan aún más a la creciente división entre la gente. Un año después, el … More América Latina: las perspectivas económicas repuntan levemente pero se requieren reformas para impulsar la productividad y disminuir desigualdades

A fragile global economy needs urgent cooperative action

by Laurence Boone, OECD Chief Economist A year ago, the OECD warned about how trade and policy uncertainties could significantly damage the world economy and further contribute to the growing divide between people. A year later, global momentum has weakened markedly and growth is set to remain subpar as trade tensions persist. Trade and investment … More A fragile global economy needs urgent cooperative action

Urge una cooperación internacional para enfrentar una frágil economía mundial

par Laurence Boone, OECD Economista en Jefe Hace un año, la OCDE advirtió sobre el riesgo que las incertidumbres comerciales y políticas dañen de manera significativa la economía mundial y contribuyan aún más a la creciente división entre la gente. Un año después, el impulso adquirido a nivel mundial se ha debilitado notablemente y se … More Urge una cooperación internacional para enfrentar una frágil economía mundial

La fragilité de l’économie mondiale exige de toute urgence un effort de coopération

Par Laurence Boone, Cheffe économiste de l’OCDE Il y a un an, l’OCDE avait alerté sur le fait que les incertitudes entourant les échanges mondiaux et l’action publique pouvaient être très préjudiciables à l’économie mondiale et contribuer à creuser un peu plus encore la fracture entre les citoyens. Un an plus tard, la dynamique économique … More La fragilité de l’économie mondiale exige de toute urgence un effort de coopération

Global growth is weakening: coordinating on fiscal and structural policies can revive euro area growth

by Laurence Boone, OECD Chief Economist The global expansion is continuing to lose steam, and faster than anticipated a few months ago. Growth in Europe has been particularly disappointing, as trade growth both within the EU and with external partners has stalled. Business and consumer confidence has plummeted in advanced economies as trade tensions persist, … More Global growth is weakening: coordinating on fiscal and structural policies can revive euro area growth

Positive economic outlook for the main economies in Latin America but downward risks have intensified

Alvaro S. Pereira (Director) and Latin American desks, Economics Department, Country Studies Branch, OECD The global economy is navigating rough seas. Global GDP growth is strong but it has peaked. In many countries unemployment is well below pre-crisis levels, labour shortages are biting and inflation remains tepid.  Yet, global trade and investment have been slowing … More Positive economic outlook for the main economies in Latin America but downward risks have intensified

La Croissance est à son pic, la négociation d’un atterrissage en douceur s’annonce délicate

‌Laurence Boone, Chef économiste de l’OCDE L’économie mondiale traverse des zones de turbulences. La croissance du PIB mondial est élevée, mais a probablement atteint son pic. Dans de nombreux pays, le chômage est bien en dessous de ses niveaux d’avant-crise, les tensions sur l’emploi augmentent et l’inflation demeure modérée. Mais les échanges et l’investissement marquent … More La Croissance est à son pic, la négociation d’un atterrissage en douceur s’annonce délicate

Growth has peaked: Challenges in engineering a soft landing

by Laurence Boone, OECD Chief Economist The global economy is navigating rough seas. Global GDP growth is strong but has peaked. In many countries unemployment is well below pre-crisis levels, labour shortages are biting and inflation remains tepid. Yet, global trade and investment have been slowing on the back of increases in bilateral tariffs while … More Growth has peaked: Challenges in engineering a soft landing