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OECD predicts uneven global economic recovery
(Xinhua)   2012-11-28 11:24:50

BEIJING, Nov. 28 (Xinhuanet) -- The Organization for Economic Cooperation and Development predicts a "hesitant and uneven" global economic recovery in 2013. The organization still expects the world economy to grow by 3.4 percent next year, up from 2.9 percent this year.

But the Secretary General of the OECD cautions that the ongoing European will weigh down more economies.

Angel Gurria, Secretary General of OECD, said, "Now, the global economic outlook has deteriorated again. A hesitant and uneven recovery is projected for the OECD area over the next two years. Yet again, the euro area will remain in or near recession well into 2013. Growth is expected to pick up in the and , but only gradually, and a quicker recovery is expected in the emerging market economies. This is, in a nutshell, how we see the world economy moving in the next couple of years."

(Source: CNTV.cn)


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