The OECD issued its interim economic outlook yesterday, projecting that global GDP will increase by 5.6% in 2021 and reach pre-coronavirus levels by mid-way through the year. The projection marks a ~20% increase over previous growth estimates, due in part to the ongoing global vaccine rollout. Here’s the full report.
More context: The Organization for Economic Co-operation and Development (“OECD”) is an intergovernmental economic organization with 37 member countries (including the US).
The New Paper
This story is from the March 9, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.