OECD ups global growth forecast to 3.9% for 2018, 2019

  • 6 years ago
The OECD has upped its growth forecast for the global economy for this year and the next,... but has issued a warning over the rising tide of trade protectionism.
The Paris-based agency raised its forecast to three-point-nine percent for both years,... adding that improvements are expected in almost every nation minus Russia.
For South Korea,... the OECD kept its forecast at three percent for this year and the next,... but added that recovering global trade and government policies like the minimum wage hike and more welfare spending will support growth.

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