The OECD indicates a slowdown in world economic growth
The Organization for Economic Co-operation and Development (OECD) indicates the slowdown in world economic growth in the next two years in its Progress Report published on Wednesday.
The main driver of growth is the macroeconomic measures that support household consumption in the short run and improved employment as well, according to the OECD. Macroeconomic policy, however, is aimed at tightening over the longer term and, alongside the tensions arising from the deepening of trade conflicts, the more difficult borrowing conditions and the rise in oil prices, are growing ever stronger against growth. (MTI)
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