The world is recovering robustly from the global downturn, but eurozone debt and a risk of overheating in emerging economies are dangers on the prowl, the OECD said.
The OECD’s six-monthly review upgraded the global growth forecast for this year to about 4.75 per cent after a shrinkage of 0.9 per cent in 2009.
The signs of bounce back are being driven notably by emerging economies in Asia but the OECD also warned that imbalances between regions, widely held to have been a root cause of the global crisis, are rising again.-AFP
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
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