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11.01.2024 / 14:59

Ireland had no excess deaths during pandemic - OECD report

Ireland had no excess deaths during the core pandemic years of 2020-2022, the Department of Health has said, citing new research.

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Energy, inflation crises risk pushing big economies into recession - OECD

Global economic growth is slowing more than was forecast a few months ago after Russia's invasion of Ukraine, as energy and inflation crises risk snowballing into recessions in major economies, the OECD said today.

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Covid-19 pushed 22 million out of job market in major economies: OECD report

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OECD forecasts Irish GDP growth of 4.2% for 2021

The OECD has forecast that the Irish economy will grow by 4.2% in GDP terms this year.

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Covid second wave: OECD slashes India's growth forecast to 9.9% for FY22

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Disadvantaged pupils affected most by pandemic - OECD

A new report form the Organisation for Economic Cooperation and Development (OECD) has said many pupils, especially those from disadvantaged backgrounds, will have suffered long-term damage due to the Covid-19 pandemic.

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Mathias Cormann chosen as OECD head despite climate concerns

PARIS – The Organisation for Economic Co-operation and Development said Monday that it has appointed a former Australian finance minister, Mathias Cormann, as its head.

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COVID-19 vaccine rollout, U.S. stimulus boost global economic outlook: OECD

The global economic outlook has brightened as COVID-19 vaccine rollouts speed up in some countries and the United States launches a vast new stimulus package, Laurence Boone, chief economist for the Organization for Economic Cooperation and Development (OECD), said on Tuesday.

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OECD hikes 2021 world growth forecast to 5.6% on Covid vaccine, stimulus rollout

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‘Vaccine nationalism’ could see world economy lose trillions, OECD warns

Trudeau government is forced to explain delays rolling out COVID-19 vaccines, some of the world’s economic and health leaders are warning of catastrophic financial consequences if poorer countries are shortchanged on vaccinations.At a video meeting convened by the Paris-based Organization for Economic Co-operation and Development (OECD) on Monday, Secretary-General Angel Gurria predicted that rich countries would see their economies shrink by trillions of dollars if they don’t do more to help poor countries receive vaccines.The leaders of the World Health Organization and others also bemoaned the long-term damage of continued “vaccine nationalism” if current trends continue — rich countries getting a pandemic cure at a much higher rate than

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OECD sees world economy back to pre-pandemic level in 2021

global economy may get back to pre-pandemic levels by the end of next year as vaccines help propel recovery, but growth is likely to be uneven, the OECD said Tuesday.Signs that vaccines could now be weeks away from distribution have injected cautious optimism as the year limps to a close with Covid-19 having claimed some 1.4 million lives."For the first time since the pandemic began, there is now hope for a brighter future," OECD Chief Economist Laurence Boone wrote in her introduction to the organisation's latest review of the global economic outlook."Progress with vaccines and treatment have lifted expectations and uncertainty has receded," she said, acknowledging that virus containment measures would likely be necessary for some months

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Global economic outlook not as bad as expected - OECD

PARIS – The global economy is not doing as bad as previously expected, especially in the United States and China, but has still stuffered an unprecedented drop due to the coronavirus pandemic, an international watchdog said Wednesday.The Organization for Economic Cooperation and Development said in a report that the world's gross domestic product is projected to decline by 4.5% this year - less than the 6% plunge it had predicted in June.

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Coronavirus: Skills lost due to COVID-19 school closures will hit output for generations, OECD estimates

The Organisation for Economic Co-operation and Development (OECD) on Tuesday warned that the disruption to education due to school closures as part of efforts to combat COVID-19 would cause a skill loss that could result in a 1.5 per cent drop in global economic output.

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Skills lost due to coronavirus school closures will cause drop in global economy: OECD

COVID-19 epidemic will cause a skill loss that could result in a 1.5 per cent drop in global economic output for the rest of this century, the Organisation for Economic Cooperation and Development (OECD) estimated.For the United States, that will represent an economic loss of $15.3 trillion, the OECD said in a report published on Tuesday, with the bill rising higher still if disruption to education extends into the next academic year.

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India economy may contract by 7.3% in FY21 in case of second covid wave: OECD

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0