Central Banks
World Is Facing Dangers From Trade to Debt, OECD Warns
- OECD lists risks that may shatter global economy’s resilience
- Governments should ‘seize this opportune moment’ to cut debts
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The global economy faces proliferating risks ranging from trade tensions to wars and debt troubles that could threaten its “remarkable resilience” of past years, the OECD said.
Just weeks away from Donald Trump assuming the US presidency in January, the Paris-based club of rich economies applauded the world’s recent experience of stable growth and ebbing inflation, while warning that notable dangers are lurking on the horizon.