OECD Raises 2021 Global GDP Growth Forecast to 5.6%

The video discusses the impact of the US stimulus plan on global GDP growth, highlighting the upward revision of forecasts due to better pandemic management and vaccination efforts. It explores the economic relationship between the US and China, noting trade tensions and the role of the WTO. The discussion shifts to the uneven global recovery, driven by health management and vaccination rates. Finally, the focus is on Europe's economic outlook, emphasizing the need for faster vaccination to achieve pre-pandemic levels by mid-2022.

What factors are contributing to the upward revision of the economic forecast?

How has the pandemic affected China's economic recovery compared to the USA?

What are the main tensions in trade that have not changed in projections?

What is the expected timeline for Europe to return to pre-pandemic economic levels?

What measures are suggested for Europe to improve its vaccination rate?