The Latest Economic Outlook Of The OECD Points Out That Global Economic Growth Is Still Weak.

OECD Secretary General Gulya released the latest economic outlook report before the summit of the group of twenty leaders, pointing out that global economic growth is still weak, and the widening gap between countries and regions poses great risks to the overall growth of the global economy.

For some time

Still larger, and may exacerbate market volatility, but if countries adopt supportive growth policies, the global economic growth rate is expected to accelerate gradually.

The report points out that the global GDP growth in 2014 is expected to be 3.3%, and that in 2015 and 2016 will be 3.7% and 3.9%, respectively, lower than that predicted by OECD in September this year.

In the main developed

The US economy recovered strongly. It is expected to grow by 2.2% in 2014, 3% in 2015 and 2016, 0.8% slower in the euro area, 0.8% in 2014, 1.7% in 2016 and 2016, and Japan will continue to be affected by the rise in consumption tax, which is expected to be 0.9%, 1.1% and 0.8%.

In emerging economies, the economic growth of countries in the coming years is quite different.

China is

The growth rate, to achieve sustainable growth, is expected to increase by about 7% in 2015 and 2016, down from 7.4% in 2014. India has increased investment.

The growth rate in 2015 and 2016 is expected to increase from 6.6% in 2014 to 6.6%. Brazil's economic growth has dropped sharply, and in 2014 only 0.3%, 2015 to 2016 has gradually returned to 1.5% and 2%. Because of the decline in oil prices and the sluggish trade, Russia has only 0.7% growth in 2014.

The report concludes that ambitious economic restructuring can promote economic growth in developed and emerging economies, and the group of twenty members will submit national development strategies at the summit of leaders of Brisbane to achieve the goal of 2% growth in the overall GDP growth of the twenty nation group in the next five years.