Global S&T Development Trend Analysis Platform of Resources and Environment
Global economy faces gravest threat since the crisis as coronavirus spreads | |||||||
admin | |||||||
2020-03-02 | |||||||
发布年 | 2020 | ||||||
语种 | 英语 | ||||||
国家 | 国际 | ||||||
领域 | 地球科学 | ||||||
正文(英文) | 02/03/2020 - The coronavirus Covid-19 presents the global economy with its greatest danger since the financial crisis, according to the OECD’s latest Interim Economic Outlook.
Even in the best-case scenario of limited outbreaks in countries outside China, a sharp slowdown in world growth is expected in the first half of 2020 as supply chains and commodities are hit, tourism drops and confidence falters. Global economic growth is seen falling to 2.4% for the whole year, compared to an already weak 2.9 % in 2019. It is then expected to rise to a modest 3.3% in 2021.
Growth prospects for China have been revised down sharply to below 5% this year after 6.1% in 2019.
The Outlook says that flexible working should be used to preserve jobs. Governments should implement temporary tax and budgetary measures to cushion the impact in sectors most affected by the downturn such as travel and tourism, and the automobile and electronic industries.
In the most affected countries, adequate liquidity needs to be provided to allow banks to help companies with cash-flow problems while containment measures are in force, it adds.
If the epidemic spreads widely, the G20 economies should lead an internationally co-ordinated framework for health care support, combined with co-ordinated fiscal and monetary stimulus to rebuild confidence, the Outlook adds.
For more information, visit: http://www.oecd.org/economy/outlook/.
Media queries should be directed to the OECD Media Office (+33 1 4524 9700).
Working with over 100 countries, the OECD is a global policy forum that promotes policies to improve the economic and social well-being of people around the world. | ||||||
URL | 查看原文 | ||||||
来源平台 | Organization for Economic Cooperation and Development | ||||||
文献类型 | 新闻 | ||||||
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/229747 | ||||||
专题 | 地球科学 | ||||||
推荐引用方式 GB/T 7714 | admin. Global economy faces gravest threat since the crisis as coronavirus spreads. 2020. |
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