OECD finally sees 'green shoots' as world emerges from 'low growth trap'
Projections for the world economy show a modest increase to 3.5% from just under 3.0% in 2016.
Nevil Gibson Wed, 08 Mar 2017
The OECD has lifted its latest forecast for global GDP growth, saying it will rise from just under 3% in 2016 – the slowest pace since 2009 – to 3.3% in 2017 and about 3.5% in 2018.
This is still below the historical average of about 4% in the two decades before the global financial crisis (GFC)
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