OECD 사무총장, '한국은 빠른 코로나 대응으로 인해 더욱 빠른 경제 회복이 올 것'
As the COVID-19 outbreak continues to rage across the world,... the global community is facing a sharp economic downturn not seen since the Great Depression of the 1930s.
Businesses everywhere are losing money,... millions upon millions are losing their jobs,... and prospects of a fast recovery are becoming dimmer and dimmer.
To discuss what challenges we can expect and prepare for as a global community,...
We have joining us today Angel Gurria, Secretary-General of the Organisation for Economic Co-operation and Development.
Thank you for joining us today.
COVID-19 IMPACT
Global coordination needed to help developing countries handle impact of virus
The magnitude of the current shock has caused most projections for global economic growth this year to drop dramatically. Many are now expecting the global economy will contract. The OECD has its own projections, of course. How low do you think we will go?
Some economies are expected to suffer much more than others. The IMF's latest forecast of growth in G20 nations sees a much larger cut of about 5 percentage points for China, Europe and the U.S. but much smaller margin for South Korea less than 1 percentage point. What do you is behind the discrepancy in recovery?
It's becoming glaringly obvious that the world economy won't be the same after the pandemic is over.
Whole industries are hemorrhaging money. Millions upon millions are being made redundant and it's unclear whether they'll have jobs to go back to. What fundamental changes do you see taking place in the world's industrial landscape that we will have to prepare for?
You’ve raised the need for a global Marshall Plan that rebuilt the post-war economy. But today it seems we lack hegemonic leadership that we saw from the U.S. in the past. Then how would a global Marshall Plan be rolled out?
We’ve seen world leaders gather at G7, G20 summits, and pledge to stand united in the face of the virus. But it seems words haven’t translated into actions. We still see quarreling over masks, regional spats resurface and finger-pointing continue between nations. How is this affecting our response to COVID-19 as a global community,... and what are the dangers of this discordance trade wars and diplomatic spats continuing throughout and even beyond the pandemic?
It’s too early to tell what impact this could have on developing countries but those with labour-intensive economies or those dependent on natural resources tend to be affected greatly by global demand. Their governments also lack the capacity to roll out massive stimulus plans like the world’s biggest economies. How, then, should developing countries safeguard their economies?
Finally, what do you hope to see from governments?
As the COVID-19 outbreak continues to rage across the world,... the global community is facing a sharp economic downturn not seen since the Great Depression of the 1930s.
Businesses everywhere are losing money,... millions upon millions are losing their jobs,... and prospects of a fast recovery are becoming dimmer and dimmer.
To discuss what challenges we can expect and prepare for as a global community,...
We have joining us today Angel Gurria, Secretary-General of the Organisation for Economic Co-operation and Development.
Thank you for joining us today.
COVID-19 IMPACT
Global coordination needed to help developing countries handle impact of virus
The magnitude of the current shock has caused most projections for global economic growth this year to drop dramatically. Many are now expecting the global economy will contract. The OECD has its own projections, of course. How low do you think we will go?
Some economies are expected to suffer much more than others. The IMF's latest forecast of growth in G20 nations sees a much larger cut of about 5 percentage points for China, Europe and the U.S. but much smaller margin for South Korea less than 1 percentage point. What do you is behind the discrepancy in recovery?
It's becoming glaringly obvious that the world economy won't be the same after the pandemic is over.
Whole industries are hemorrhaging money. Millions upon millions are being made redundant and it's unclear whether they'll have jobs to go back to. What fundamental changes do you see taking place in the world's industrial landscape that we will have to prepare for?
You’ve raised the need for a global Marshall Plan that rebuilt the post-war economy. But today it seems we lack hegemonic leadership that we saw from the U.S. in the past. Then how would a global Marshall Plan be rolled out?
We’ve seen world leaders gather at G7, G20 summits, and pledge to stand united in the face of the virus. But it seems words haven’t translated into actions. We still see quarreling over masks, regional spats resurface and finger-pointing continue between nations. How is this affecting our response to COVID-19 as a global community,... and what are the dangers of this discordance trade wars and diplomatic spats continuing throughout and even beyond the pandemic?
It’s too early to tell what impact this could have on developing countries but those with labour-intensive economies or those dependent on natural resources tend to be affected greatly by global demand. Their governments also lack the capacity to roll out massive stimulus plans like the world’s biggest economies. How, then, should developing countries safeguard their economies?
Finally, what do you hope to see from governments?
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