SYDNEY, Feb 22 (AFP): The OECD on Friday warned declining global productivity will usher in a new and extended era of low growth unless there are major structural reforms.
Its new "Going for Growth" report identifies infrastructure shortages and slowing trade activity as key problems -- issues that will be in focus at the G20 meeting of finance ministers and central bank governors in Sydney this weekend.
"The widespread deceleration in productivity since the (global financial) crisis could presage the beginning of a new low-growth era," the Organisation for Economic Cooperation and Development said.
OECD warns of new era of low growth
FE Team | Published: February 23, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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