OECD.org - OECD

Web Name: OECD.org - OECD

WebSite: http://www.oecd.org

ID:140

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10 June 2020 The COVID-19 pandemic has triggered the severest recession in nearly a century. Given the highly uncertain path to recovery, the OECD presents two possible scenarios: one in which the current virus surge is brought under control, and another one in which a second global wave hits before the end of 2020. Read moreVideo: Living with Covid-19 - Two scenarios for the world economy As governments address the Covid-19 crisis, they should seize the opportunity of historically low oil prices to redirect some of the half a trillion dollars spent annually supporting fossil fuels into sustainable investments including low-carbon energy, according to the OECD and the International Energy Agency (IEA). Read more 2 June 2020 The race is on to find a vaccine and treatments for Covid-19. Early efforts have shown promise, but there are many issues to address: ensuring international co-ordination, R&D, eventual manufacturing and, crucially, equitable distribution. Our OECD Policy Response explains the issues. Read more Economy: OECD GDP falls by 1.8% in the first quarter of 2020 Following the introduction of COVID-19 containment measures across the world, real gross domestic product (GDP) in the OECD area fell by 1.8% in the first quarter of 2020, the largest drop since the 2.3% contraction in the first quarter of 2009 at the height of the financial crisis, provisional estimates show. Read more Watch the launch of our latest Economic Outlook, 10 June: How has COVID-19 affected prospects for the world economy? What policies are needed? Find out in this data-driven presentation by OECD Secretary-General Angel Gurría and Chief Economist Laurence Boone, with press Q&A, at www.youtube.com/oecd or in our Newsroom by clicking below. Read more How is COVID-19 influencing our lives, our transport systems, businesses, our education, and the way we use digital technologies? See our series of short videos here. And don’t forget to follow us on YouTube. Read more From policies to strengthen health care and the economy to lockdown and travel restrictions, countries around the world are responding to the coronavirus crisis. To keep up with the policy responses, use our new OECD Country Policy Tracker. Read more Health care spending, health care use, hospital stays, vaccination rates, doctor consultations, and more. Find OECD data for your country, with dynamic charts, maps, tables and related publications at data.oecd.org. Read more "What role might the social outcomes of education play during the COVID-19 lockdown?", “Health for Everyone?: Social Inequalities in Health and Health Systems”; "Taxing Wages”. For these reports and more, including working papers, journals and articles, visit OECD iLibrary. Read more

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