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18 Aug 23
Recent global developments will have a “lasting impact” on growth in major economies, with potential GDP growth not catching up with its pre-pandemic trend any time soon, experts have warned.
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2 Aug 22
Rich countries must step up the level of climate finance they allocate to developing economies after a decade-long target was missed, the OECD has said.
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4 Apr 22
Developing nations in Europe, the Middle East and Africa would be at greatest risk should inflation surges trigger stagflation in the global economy, according to ratings agency Fitch.
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16 Feb 22
Japan’s GDP increased by 1.7% in 2021, as the nation continued to recover from a recession exacerbated by the Covid-19 pandemic.
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20 Jan 22
A new portal launched by the OECD seeks to provide transparency over which of its development aid services are exempt from taxes, to avoid potential disputes.
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22 Nov 21
Covid-19’s long-term economic impact on growth in developed countries has been tipped to be far less severe than many anticipated at the start of the pandemic.
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23 Sep 21
Norway’s has raised its main interest rate, saying it is "likely" that further increases will come as the nation emerges from Covid-19.
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21 Sep 21
Economic recoveries from Covid-19 slowed in advanced economies over the past three months, as employment and supply chain issues caused uneven global growth, according to the OECD.
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23 Aug 21
An influential committee has urged the Government Pension Fund of Norway to push firms it invests in towards zero emissions to help combat climate change.
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18 Aug 21
Increased debt in many economies resulting from the Covid-19 pandemic may lead to increased financial risks in the future, according to ratings agency Fitch.
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12 Aug 21
The pace of larger economies' economic recovery from Covid-19 has slowed in recent months, according to analysis for the OECD.
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9 Aug 21
Stimulus is a “more appropriate instrument” than quantitative easing to aid the economic hit of regional Covid-19 lockdowns in Australia, according to the governor of its central bank.
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20 Jul 21
Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
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19 Jul 21
The African Development Bank is in a strong position, even though Covid-19 saw a shift in the organisation's priorities, according to ratings agency Fitch.
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6 Jul 21
The South Korean government will offer more emergency relief grants of 250,000 won ($220) to residents, as part of a 33trn won ($29bn) supplementary budget.
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22 Jun 21
Luxembourg’s credit outlook will not be heavily affected by the G7's international corporation tax proposals due to extraordinary levels of wealth, according to ratings agency Moody’s.
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15 Aug 19
Serbia has set its sights on becoming a “developed country with quality living conditions” after the “successful consolidation” of its public finances.