Italy's GDP will decrease by 10.5% in 2020
before returning to positive growth, to 5.4% in 2021: this is what emerges from the intermediate economic prospects of the OECD disseminated in Paris.
World GDP will decrease by 4.5% in 2020
, before increasing by 5% in 2021: this is what emerges from the intermediate economic prospects of the OECD announced today in Paris.
According to the body for economic cooperation and development, a "gradual recovery" is currently underway after an "unprecedented shock".
"The economic prospects - specifies the body - remain exceptionally uncertain, with the COVID-19 pandemic continuing to weigh heavily on economies and society".
Eurozone GDP will decrease by -7.9% in 2020
before returning to growth, to 5.1%, in 2021: this is what emerges from the Intermediate Economic Perspectives of the OECD released today in Paris.
Also according to the interim estimates of the international body, Germany will score -5.4% in 2020 and + 4.6% in 2021. As for France, a -9.5% is expected in 2020 and +5.8 % in 2021.
"The world is suffering
the most dramatic economic slowdown since the Second World War"
: this is the message launched by the chief economist of the OECD, Laurence Boone, presenting the intermediate economic prospects of the OECD in Paris.
Boone has once again insisted on the exceptional level of uncertainty weighing on global economies today due to the coronavirus.
