Home » The OECD forecasts a sharp contraction of the world economy in 2023

The OECD forecasts a sharp contraction of the world economy in 2023

by archyde

The Organization for Economic Co-operation and Development (OECD) has revised downwards its forecasts for growth of the world economy, degraded by the more lasting consequences than anticipated of the war in Ukraine. In a report published on Monday, September 26 and entitled “the price of war”, it announces a drop in global GDP growth forecasts from 2.8% to 2.2% with a sharp drop in production. The OECD warns that the world will pay the price for the war in Ukraine, by announcing a sharper than expected deterioration in the world economy in 2023. Also caused by


This content is reserved for Premium members of the site. If you are already a subscriber, log in.

New users can register below.


You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.