Public Investment Is the Key to Avoiding Economic Stagnation: Report

Economic stagnation on a global scale is a growing threat, according to a new report from the Organization for Economic Co-operation and Development (OECD).The group’s November economic outlook projects worldwide GDP growth of 2.9% in 2020, the weakest rate of growth since the financial crisis. Growth is not expected to exceed 3.0% for several years after that, held back by uncertainty in the private sector and fundamental structural changes in the global economy. Together, these factors m