On the 9th (local time), the Secretary-General of the Organization for Economic Cooperation and Development (OECD) Angel Gurria requested, “For the rapid recovery of the global economy, we need to speed up the spread of the new coronavirus infection (Corona 19) vaccine.
Angel Guria, Secretary-General of the Organization for Economic Cooperation and Development (OECD). yunhap news
On the day when the OECD published the Interim Economic Outlook Report, President Guri-ah argued, “You should not be satisfied with the current situation.”
The OECD announced that this year’s global economic growth rate was 5.6%, a 1.4 percentage point (P) higher than last December’s forecast.
The forecast for next year is expected to increase by 0.3%P to 4.0%.
The main factors are the spread of the Corona 19 vaccine and additional financial stimulus measures from governments such as the United States.
However, the OECD observes that such a recovery trend will not apply to all countries.
The OECD believes that “though the global economic outlook has improved, production and income in many countries will remain at pre-pandemic levels by the end of 2022.”
Among the 20 major countries (G20), India (12.6%) is expected to see the largest growth in gross domestic product this year, China (7.8%), the United States (6.5%), Turkey (5.9%), and France (5.9%). %), followed by Spain (5.7%).
“The widespread vaccination of adults is the best economic policy we can use today to revive the economy and employment,” said OECD Chief Economist Lawrence.
Reporter Shin Hye-yeon [email protected]
