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.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.