Global growth may have peaked, OECD says [CNBC]
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Source: CNBC
Antoine Antoniol | Getty Images News | Getty Images Guests arrive at the presentation of the candidacies for the 2020 World Expo, at the OECD headquarters on November 27, 2013 in Paris, France. Expansion of global growth may have peaked according to the Organization for Economic Co-operation and Development (OECD). In its latest interim outlook released Thursday, the OECD has projected global growth to settle at 3.7 percent in both 2018 and 2019. That level sits just below levels recorded prior to the financial crisis ten years ago. The recently appointed chief economist of the OECD, Laurence Boone, told CNBC's Charlotte Reed on Thursday that the world economy on the whole was hitting a plateau and there was evidence of increased divergence between different economies. Boone highlighted rising protectionism, emerging market vulnerability, politics, and finance as four main risks behind the tapering off in growth rates. The OECD report ha
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