In a few commendable cases that meant testing, tracking and tracing from the outset. Critical sectors for our economies and societies have been hard hit, tourism, air travel and SMEs, to name but a few. Many will need help. The world economy is now too fragile for governments to gamble on an automatic sharp bounce-back. , la bibliothèque en ligne de l'Organisation de coopération et de développement économiques (OCDE), elle offre un accès aux livres, périodiques et statistiques, ainsi qu'aux analyses et données de l'OCDE. Français, For example, they can make sector-specific financial support measures conditional on environmental improvements. Français, Obtenez un accès immédiat au contenu en ligne dans tous les formats disponibles (PDF et ePub à télécharger), Achetez la version imprimée et obtenez un accès immédiat au contenu en ligne (téléchargement inclus). My third and last point is that no country can address a pandemic crisis alone. In a downside-risk scenario where epidemics break out in some other countries across the globe, the slowdown will be sharper and more prolonged. A key aim of our work for the G20 focuses on meeting the tax challenges arising from the digital economy. Throughout this crisis, I have stressed that presenting the problem as a choice between health and the economy is to pose a false dilemma. TUAC Response to OECD Interim Assessment Economic Outlook - March 2020 Download PDF OECD (2020-March) Interim Economic Assessment Download PDF. 981 views | 0 comments | by Estela Martín, 928 views | 0 comments | by Estela Martín, 918 views | 0 comments | by Estela Martín, Friday From 9:00 to 15:00 Summer time: From 8:00 a.m. to 3:00 p.m. (from July 1 to September 4), Maldonado Street #31, 1B 28006 Madrid, Spain t. (+34) 91 110 34 44 f. (+34) 91 001 27 87 info@sincro.com.es, We use cookies to improve your experience. The crisis will have a lasting effect on some economic sectors and therefore require significant resource reallocation. Coverage is provided for all OECD member countries as well as for selected non-member countries. While the current crisis has highlighted the need for more resilience, the Outlook reminds us that simplistic reactions, such as imposing trade restrictions to shorten global value chains and lessen reliance on particular foreign suppliers, would have serious side effects. OECD ECONOMIC OUTLOOK Report june 2020 Extract of the report 10 june 2020 The spread of Covid-19 has shaken people’s lives around the globe in an extraordinary way, threatening health, disrupting economic activity, and hurting wellbeing and jobs. That has had to be postponed this year. We are all in this together. That has had to be postponed this year. Governments cannot afford to wait Regardless of where the virus spreads, the world economy, previously weakened by persistent trade and political tensions, has already suffered a sharp setback. But this is no ordinary report, and no ordinary process. Our modelling suggests that the level of world GDP would fall as low as 1.5% this year, halving the OECD’s previous 2020 projection from last November of 3%. The Economic Outlook for Southeast Asia, China and India is a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia. Huge uncertainty surrounds global economic prospects and hence the outlook for exports, which are a key engine of the Korean economy. 10 June 2020 - OECD, France (as prepared for delivery) Dear Ambassadors, Ladies and Gentlemen, Today we launch our latest Economic Outlook. There are things governments can do to address both challenges at once. Allemand. Select one or more items in both lists to browse for the relevant content, Browse the selectedThemes and / or countries. Updated 11:49, 17-Sep-2020 CGTN Share . But under the leadership of Spain – the Chair of this year’s Ministerial meeting – we will be holding at noon today a virtual roundtable, with Ministers discussing the economic situation and the policy priorities for the recovery. In addition to our regular reports like today’s Economic Outlook, in March we created a Digital Hub on Tackling the Coronavirus to draw together policy advice reflecting the organisation’s wide-ranging expertise. Arrows indicate the direction of revisions since the November 2019 Economic Outlook 2019 2.9 Coverage is provided for all OECD member countries as well as for selected non-member countries. There are a few glimpses of such vision, for example, with the Franco-German agreement on the EU Recovery Fund, and the recent successful Global Vaccine Summit, which will help to roll out a future COVID-19 vaccine on a global scale. As long as the virus is widespread somewhere, the threat will remain everywhere, and economic costs will persist as some borders remain closed. In addition, global trade volumes, which were already stagnating when the outbreak began, are expected to contract by about 10% this year, similar to 2009. The policies put in place now will shape our economies for decades. Growth was weak but stabilising until the coronavirus Covid-19 hit. We would usually release the Outlook in the context of our Ministerial Council Meeting, with Ministers coming to Paris. L'Organisation de coopération, AIE - Agence internationale de l'énergie, CSAO - Club du Sahel et de l'Afrique de l'Ouest, République démocratique populaire lao^Lao, République populaire démocratique de Corée, Croissance verte et développement durable, Sécurité des produits chimiques et biosécurité, Angel Gurría, Secrétaire général de l'OCDE, Global economy faces a tightrope walk to recovery, Release of the June 2020 Economic Outlook: Revamping the international policy architecture to emerge from the pandemic stronger together, Politique de protection des données et de la vie privée. Second, it is essential that governments foster more resilient, inclusive and sustainable growth. Containment measures are now being eased. All countries need to implement testing, tracing and tracking to keep the virus contained. In Japan, Korea, Australia, growth also hit hard then gradual recovery. Related Content: Toggle Dropdown. Cliquer pour télécharger le fichier PDF - 5.32MB, Cliquer pour télécharger le fichier EPUB - 12.42MB, Approval was partially successful, following selected items could not be processed due to error, http://instance.metastore.ingenta.com/content/publication/0d1d1e2e-en, Océan Indien, Territoire Britannique de l', Corée, République Populaire Démocratique de, Géorgie du Sud et les Îles Sandwich du Sud, OECD Economic Outlook: Statistics and Projections, Perspectivas Económicas de la OCDE, junio de 2020, OECD Economic Outlook, Interim Report September 2020. Given the ratcheting-up of bilateral trade tensions in recent years and the undermining of global rules for dispute settlement, care must be taken to enhance resilience without sacrificing the benefits of open markets. In the event of such a “double hit”, the fall in global GDP would be over 7½ per cent, and we would be looking at more than 40 million additional people being unemployed in OECD economies by the end of this year. Impact less severe in other economies but still hit by drop in confidence and supply chain disruption. 2019 OECD Economic Outlook, Interim Report March 2020 This Interim Report provides updates for G20 country projections made in the November 2019 issue of OECD Economic Outlook (Number 106).