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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

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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Nevil Gibson
Wed, 08 Mar 2017
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OECD finally sees 'green shoots' as world emerges from 'low growth trap'
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