<Anchor> The
OECD, the Organization for Economic Cooperation and Development, has downgraded its global economic growth forecast for this year from last May. Although developed countries are conducting vaccinations, the spread has not slowed as fast as expected due to the spread of delta mutations and breakthrough infections. As a result, the OECD urged developed countries to distribute vaccines to developing countries, saying that the top priority of economic policy should be to expand vaccination.
By Park Won-kyung, staff reporter.
<Reporter> The
Organization for Economic Cooperation and Development (OECD) presented the global economic growth forecast for this year at 5.7%, down 0.1%p from May.
The global economy is recovering from the impact of COVID-19, but the recovery is slowing.
In particular, he urged developed countries to distribute vaccines to developing countries, saying that there is a gap between countries depending on the vaccination rate.
[Mathiers Coleman/OECD Secretary-General: Developed countries that have been vaccinated quickly and have strong policy support are already close to the pre-crisis trend. However, developing countries often lag behind.] The
US and G20 growth forecasts for this year were also downgraded to 6% and 6.1%, respectively, from May.
On the other hand, in Korea, it was 4%, 0.2%p higher than in May.
Growth projections for next year have been raised for most countries.
[Marty Earth Coleman / OECD Secretary General: 1, 2, 3, 4 priority of economic policy is to get as soon as vaccine to more people around the world as possible]
the OECD are rising raw material prices and international logistics hikes, etc. As a result, prices were expected to rise further this year in most countries, but when supply problems such as semiconductors are resolved, they will peak in the fourth quarter of this year and gradually stabilize.