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According to the
Organization for Economic Co-operation Development (OECD), restoring confidence will be crucial to how successfully all economies can recover, and for this we need to learn to safely live with the COVID-19 virus. Policymakers reacted rapidly and massively to buffer the initial blow to incomes and jobs. But the pace of recovery has lost momentum over the summer.
Read more about how the global outlook is less pessimistic, but risks and uncertainty remain high. Governments need to be more targeted and flexible enough to adapt to changing conditions.
The OECD also noted a new chaos of digital taxes and tariffs that could cut global output by 1%.
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