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OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth

OECD, (2017) “OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth”, Newsroom, 28 Νοεμβρίου

The Outlook notes persistent effects of prolonged sub-par growth on private sector performance including investment, trade and productivity.  Employment rates are now above pre-crisis rates in many OECD economies and unemployment is falling, but this has yet to produce solid real wage gains. In the absence of a clear sign of change in underlying trends, growth across the OECD is projected to weaken in 2019.

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