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OECD Says World Economy Recovering; Cautions Against Complacency
国际英语新闻:OECD Says World Economy Recovering; Cautions Against Complacency
Source: 2011-05-26 English BBS Favorite A new report by the Paris-based Organization for Economic Cooperation and Development says the world economy is recovering, but warns against a series of risks, including high energy prices and government debt.
The Organization for Economic Cooperation and Development offered a middling中等的,第二流的 report card for 2011 that is expected to improve next year. It predicts the world economy will grow by 4.2 percent this year and 4.6 percent in 2012 - with emerging economies in Latin America and Asia leading the pace.
The U.S. economy is expected to grow 2.6 percent in 2011 - up from the 2.2 percent the OECD经济合作与发展组织 projected in November - and 3 percent next year. The 17-member eurozone欧元区 is expected to grow by 2 percent for both years. And while Japan's growth will be negative this year, the OECD says the country is rebounding strongly大力反弹,强劲回升 from the devastating毁坏性的 earthquake and tsunami that hit the country in March. The Japanese economy is expected to grow 2.2 percent in 2012.
OECD chief Angel Gurría says overall, the world is definitely on the road to recovering from the worst recession in more than half a century.
"With private consumption and investment acting as its engines, growth is becoming self-sustained靠自己维持的 - that is, less driven by temporary government aid or by external demand," said Gurría.
But Gurría outlined a two-speed双速的 growth, with emerging economies新兴经济 like Brazil, China and India forging ahead继续进行,取得进展.
"A key message is that there is no room for complacency自满,满足," he said. "The crisis is not over yet, it has just changed its skin. Downside risks predominate支配,主宰."
Those concerns include high public debt levels in the U.S., Japan and the eurozone. Gurria also warned against other risks preying捕食,掠夺 on recovery such as a further increase in energy prices and the chance of a Chinese economic slowdown.
The OECD's release of its latest economic report comes as the 34-member organization celebrates its 50th anniversary. The event was attended by a number of high-level officials, including French President Nicolas Sarkozy and U.S. Secretary of State Hillary Clinton.
On Tuesday, the Paris-based organization launched启动,发射,开始 a so-called "happiness index" - which is a new way of measuring countries' well-being幸福,康乐 through indicators指示器,指示灯 like health, housing, education and employment. |
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