Tag #Oecd Report

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dw.com

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Jun 14, 13:13

Germany's Economic Stagnation: Skilled Labor Shortage and Needed Reforms

Germany's economy, in recession for two years, faces stagnation in 2024, despite OECD's projected 0.4% growth. A severe skilled labor shortage, impacting over 81% of firms and hindering growth, necessitates structural reforms and increased labor market participation.

Germany's Economic Stagnation: Skilled Labor Shortage and Needed Reforms

Germany's economy, in recession for two years, faces stagnation in 2024, despite OECD's projected 0.4% growth. A severe skilled labor shortage, impacting over 81% of firms and hindering growth, necessitates structural reforms and increased labor market participation.

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Decent Work and Economic Growth

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What are the immediate economic challenges facing Germany, and what is their global significance?

The German economy has been in recession for two years, with experts predicting stagnation in 2024. The OECD forecasts a modest 0.4% growth for 2024 and 1.2% for 2026, driven by increased investment and consumption. However, exports remain challenged, particularly due to trade disputes with the US, with a projected 0.3% decrease in 2025 and a slight 0.6% increase in 2026.

kathimerini.gr

🌐 85% Global Worthiness

Mar 23, 13:11

Moody's Upgrades Greece's Credit Rating Amid Global Debt Surge

Moody's upgraded Greece's credit rating to investment grade on Friday, further boosting the attractiveness of Greek bonds amid a global surge in public debt reaching $25 trillion in 2024, exceeding pre-pandemic levels by $10 trillion.

Moody's Upgrades Greece's Credit Rating Amid Global Debt Surge

Moody's upgraded Greece's credit rating to investment grade on Friday, further boosting the attractiveness of Greek bonds amid a global surge in public debt reaching $25 trillion in 2024, exceeding pre-pandemic levels by $10 trillion.

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Decent Work and Economic Growth

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How did Greece's economic performance contribute to the positive credit rating assessment?

The improved credit rating reflects Greece's higher economic growth compared to the Eurozone, exceeding targets for its primary surplus and debt reduction, and improvements in its banking sector. This positive trend contrasts with the global surge in public debt, reaching $25 trillion in 2024, significantly above pre-pandemic levels.

cbsnews.com

🌐 85% Global Worthiness

Jun 3, 16:14

OECD Predicts Sharp Slowdown in U.S. Economic Growth Due to Tariffs

The OECD forecasts a significant decline in U.S. GDP growth to 1.6% in 2025 and 1.5% in 2026, primarily due to the Trump administration's tariffs increasing the effective tariff rate to 15.4%, the highest since 1938, leading to higher consumer prices and decreased consumer and business confidence.

OECD Predicts Sharp Slowdown in U.S. Economic Growth Due to Tariffs

The OECD forecasts a significant decline in U.S. GDP growth to 1.6% in 2025 and 1.5% in 2026, primarily due to the Trump administration's tariffs increasing the effective tariff rate to 15.4%, the highest since 1938, leading to higher consumer prices and decreased consumer and business confidence.

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What is the primary cause of the projected slowdown in U.S. economic growth, and what are its immediate consequences?

The OECD forecasts a significant slowdown in U.S. GDP growth, projecting a drop to 1.6% in 2025 and 1.5% in 2026 from 2.8% in 2024. This is primarily attributed to the Trump administration's tariffs, which increased the effective tariff rate to 15.4%, the highest since 1938, leading to higher consumer prices.

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