The Organisation for Economic Co-operation and Development (OECD) has cautioned about growing risks to the global economy, citing slower growth in major economies and persistent trade tensions as primary concerns.

Key Concerns

• Slower Growth: The OECD projects a slowdown in economic expansion across several key regions, including Europe and Asia.
• Trade Tensions: Ongoing trade disputes, particularly between the United States and China, are creating uncertainty and dampening investment.
• Policy Uncertainty: Unpredictable policy decisions in various countries are contributing to market volatility.

OECD Recommendations

To mitigate these risks, the OECD recommends that governments:

• Implement structural reforms to boost productivity.
• Invest in infrastructure to stimulate demand.
• Promote international cooperation to resolve trade disputes.

Impact on Businesses

The OECD’s warning highlights the need for businesses to be prepared for a more challenging economic environment. Companies should focus on:

• Diversifying their markets to reduce reliance on any single region.
• Improving efficiency to maintain competitiveness.
• Managing risks proactively to navigate uncertainty.

The OECD’s assessment underscores the importance of vigilance and proactive measures to safeguard global economic stability.