Listen To The Story

The global economy is stuck in a “low-growth trap,” according to an economic outlook from the Organisation for Economic Co-operation and Development Wednesday. It forecast economic growth of only 3 percent in 2016, level with the year prior, and called on governments to boost spending to help stimulate growth.

Click the player above to hear more about the global economy’s “negative feedback loops” and the OECD's recommendations for policy makers. 

Sign up to stay connected to Marketplace and you could be in for a Halloween treat!

Subscribe to our daily newsletter by Oct. 31 and you're automatically entered to win one of 10 Marketplace treat bags. They're filled with some great swag, plus something unique to give you a peek behind the scenes — a program rundown signed by Kai Ryssdal.

Subscribe today for your chance to win – and good luck!

Follow Tracey Samuelson at @tdsamuelson